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hang on11 jun 2026

did money really just do that?

2.8 millionaussies just gota pay rise

via ministers.dewr.gov.au
what it means for you

You'll likely see more cash in your bank account from July if you work in retail or hospitality.

tl;dr

The national minimum wage is jumping 6% to $26.44 an hour, while workers on modern awards get a 4.75% bump.

the full story

The Fair Work Commission just handed down its annual review, and for the first time ever, the weekly minimum wage is crossing the $1,000 mark. From July 1, the hourly rate hits $26.44 for a standard week. This affects about a fifth of the whole workforce, especially in sectors like retail and admin where modern awards are the standard.

Even though the extra money helps, the award increase is actually sitting just below the current 4.8% inflation forecast. It means this raise might just be about keeping your head above water rather than giving you a heap of extra spending power. Keep an eye on your first full pay cycle in July to make sure your boss has actually updated your rate.

go deeper: what the minimum wage rise means for your pay

your football fandomcould pay$10,000 cash

via sbs.com.au
what it means for you

you could land a significant cash injection just by sharing a photo of your match-day passion.

tl;dr

sbs and youi are giving away $10,000 to the australian football fan who submits the most authentic and original photo or video of their fandom.

the full story

The 'SBS Youi Fan Frenzy' just kicked off, looking for the most creative evidence of your football fandom. Entries are open for residents over 18 who upload a photo or video to the SBS website. A judging panel will pick the winner based on who they think is the most authentic and deserving.

The prize is a single ten-thousand-dollar transfer sent straight to your bank account. It is a decent chunk of change for a cultural moment, especially since it avoids the typical sports betting noise. The winner's name gets published in the paper once the frenzy wraps up in July.

$60 millionpaid byenergy giants

via arr.news
what it means for you

some of the money your super puts into energy is finally flowing back into local regional towns.

tl;dr

energy companies like AGL are paying an initial $60 million to fund local services and jobs across the south west renewable zone.

the full story

NSW Energy Minister Penny Sharpe just confirmed this first chunk of cash is heading to towns like Deniliquin and Jerilderie. This isn't taxpayer money; it's coming from the access fees big energy players pay to hook up their wind and solar farms to the new grid. It's basically the price of admission for them to operate in the region.

This funding is meant to build the local infrastructure and career paths needed to keep these towns alive while the grid transforms. Since your super often bankrolls these massive projects, it's a rare look at how that investment actually lands on the ground.

go deeper: social inequality impact funds australia

jb hi-fiis paying back$250,000 cash

via thewest.com.au
what it means for you

the 'deal' you scored on a laptop might have been completely made up to rush your purchase.

tl;dr

the retailer is refunding 206 customers after the watchdog found 17 products like laptops and headsets were advertised with fake or outdated 'was' prices.

the full story

Between March and September 2025, JB Hi-Fi listed products like laptops and VR headsets with 'was' prices that were never actually real. The ACCC found these higher prices were either never charged, only listed briefly, or were from months ago. It basically created a false sense of urgency for shoppers thinking they were getting a bargain. The company blamed system and human errors for the mess.

Even though they are refunding a quarter of a million dollars, the watchdog isn't taking them to court because they cooperated. It follows a similar crackdown on Coles for the same dodgy pricing tricks. If you bought one of these items, keep an eye on your inbox since they are contacting people directly to settle the bill.

go deeper: how to shop sustainably in australia

the 3-month waitfor your superis ending

via fool.com.au
what it means for you

you could end up thousands richer because your super gets more time to grow in the market.

tl;dr

from july 2026, employers must pay super into your fund on payday rather than waiting for the end of the quarter.

the full story

The government is closing the gap between when you work and when your super hits your account. Right now, employers can hold your super for up to three months, but from July 2026, they'll have to pay it with your wages. For someone on an $80,000 salary, this shift could add up to $9,000 to their balance over a career.

It's a win for compounding. Instead of your money sitting in your boss's bank account, it'll be in your fund catching potential market growth from day one. It also makes it easier to track your money, as you can check your super app every payday to ensure the cash has landed.

go deeper: super basics for your twenties

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hang on — 11 jun 2026 | inaam | inaam