WE’RE POWERING FORWARD MAKING ENERGY MORE AFFORDABLE

As Australia’s energy system transitions, the Australian Government is making energy more affordable. We have a plan for a National Energy Guarantee to build a better energy system for the future, and have secured agreements from retailers to offer consumers a better deal. Switching providers can save some households up to $1,500 per year. We’re also ensuring there is enough gas for Australians before it’s shipped off shore.

It’s actions like this today that are powering a more affordable energy future.

Publisher

Pawan Luthra

EDITOR

Rajni Anand Luthra

ASSISTANT EDITOR

Harshad Pandharipande

MELBOURNE COORDINATOR

Preeti Jabbal

CONTRIBUTORS

Aneeta Menon, Dipanjali Rao, Aparna Ananthuni, Kashif Harrison, Shampa Bhattacharya Bruweleit, Radhika Bhirani, Radhika Bhatia, Rachel V Thomas, Chitra Sudarshan, Priyanka Tater, Nury Vittachi

ADVERTISING MANAGER

Vivek Trivedi 0410 578 146

ADVERTISING ASSISTANT

Charuta Joshi 02 9279 2004

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BY PAWAN LUTHRA

For most migrants, the early years of settling into a new home are a time of careful money management, if not financial crunch.

From the smallest purchase of kitchen basics, to the major acquisition of their first property, their financial journey is fraught with cautious organisation, and navigated through balancing work and family life, kids’ schooling, and oftentimes, responsibilities of family back home.

Gone are the days when men traditionally took control of the family finances, especially as Indian migrants to Australia are increasingly falling in the educated middle-class category. Yet, the need is stronger now for more women to gain more knowledge and understanding about money and its management.

Today, when women have more choice than ever before, a higher level of education and qualifications than ever before, higher paid jobs than ever before (that significant pay gap notwithstanding), there is no excuse for them to lag behind in their financial management skills.

It is important that they do take time out and start understanding the bigger picture of wealth creation, so that they are