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According to Professor Asha Rao, while many individuals don’t consider their data “important” enough to feel vulnerable to cyber security threats, it’s precisely that attitude that is preyed upon by cyber criminals.

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The associate dean of mathematical sciences at RMIT University joins host Grace Ormsby on this episode of The nestegg Podcast to discuss the recent cyber attacks affecting the Australian government, the importance of remaining vigilant around cyber security, and the common scams that people should be wary of.

Professor Rao explains how automated technology makes cyber crime more profitable, why the pandemic has increased our exposure risk to such threats, and what to do if you think you’ve compromised your cyber security.

Thanks Professor Rao, for sharing your insights with the nestegg podcast team!

Have an investment story to share? Get in touch at [email protected] and you might get featured on the next episode.

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Aussies in debt struggle with love

By Cameron Micallef

February 19 2020
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Borrow

Aussies in debt struggle with love

By Cameron Micallef
February 19 2020

Aussies in debt struggle with love

By Cameron Micallef

February 19 2020
Share

Australians struggling with debt may also struggle to find love, according to new research from a comparison site.

A recent Finder survey found that on average Australians would refuse to date someone if their personal debt exceeded $59,758 outside of their mortgage.

Kate Browne, personal finance expert at Finder, said that debt can be a major deal breaker in a modern dating world.

“Love and money don’t always mix, especially when debt is involved. It’s hard enough to keep your own personal finances in check, let alone having to worry about someone else’s,” Ms Browne said.

“You don’t want your partner’s debt to prevent you from eventually buying a home or getting ahead financially.”

Men are more lenient when it comes to debt than women, with the average male admitting to looking the other way for up to $64,000, while women would only do the same for $56,000.

Ms Browne said that debt doesn’t necessarily spell disaster in a potential partner.

“For many Aussies who are out there dating, debt can be a red flag. But some types of debt are better than others,” she said.

“A student loan is considered to be good debt because it can help an individual to get ahead in life. You should also consider your partner’s strategy for getting rid of debt. They may repay it in a matter of months with clever budgeting.”

The comparison site explained that one partner's debt could stop the other from getting a mortgage when finances are under the microscope, limit access to joint finance and hold the other partner responsible for debts incurred.

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About the author

Cameron Micallef

Cameron is a journalist for Momentum Media's nestegg and Smart Property Investment. He enjoys giving Aussies practical financial tips and tricks to help grow their wealth and achieve financial independence. As a self-confessed finance nerd, Cameron enjoys chatting with industry experts and commentators to leverage their insights to grow your portfolio.