This article explores money dysmorphia, a condition exacerbated by economic instability and social media, highlighting the importance of financial literacy and realistic societal norms to align financial perceptions with reality.
Weekly Financial Update: Navigating Shifts in Global and Domestic Markets Various economic indicators and policy signals influenced Australian and International markets over the last week, leading to a notable period in the financial world.
Our post-work years often lack the structure and meaning that our working years did. For those looking for a substitute, volunteering might be the answer.
There’s been a lot of focus on the rejigged stage 3 tax cuts. But there’s another way to potentially reduce your taxes, and it receives comparatively little attention.
Today’s property landscape might seem unfriendly to first home buyers, but do younger Australians really have it worse than their parents did?
It’s not the end of the world if you and your partner aren’t totally compatible when it comes to money. But things can get particularly messy when one partner feels the need to lie to the other.
Optimism and strategic investment drive markets, with U.S. tech and Bitcoin surging despite inflation; Australia shows cautious corporate confidence.
Nvidia's exceptional quarterly results spurred a surge in the S&P 500 to record highs, while mixed earnings and persistent cost pressures tempered gains in the Australian market, reflecting ongoing market volatility and economic uncertainty.
Cloud computing emerges as a revolutionary force, levelling the playing field for businesses big and small by offering a virtual space for data storage and program execution. Yet, it's not without its challenges, including concerns over data control and privacy.
This week, financial markets witnessed notable fluctuations, influenced by economic indicators and corporate earnings. The resilience of major indices like the S&P 500 and NASDAQ amidst these dynamics offers key insights into the evolving financial landscape.
It’s common for retirement to not live up to our expectations. If you’re feeling nervous about your post-work years, here are a few things to keep in mind.
For some people, the financial impact of divorce can be as devastating as the emotional impact. Here are some tips to help you make it out the other side with your finances intact.
Many business owners understand the importance of keeping overhead low, profits high, and doing what they can to stay ahead of the curve. As individuals, we might be able to apply some of these strategies in our own lives.
If all has gone according to plan, you’ll have enough super to live comfortably in retirement. But there’s more than one way that super can be paid out, and what you choose to do with yours can make a big difference.
The article provides an in-depth analysis of the past week's financial market dynamics, influenced by U.S. economic data, corporate earnings, Federal Reserve's monetary policy decisions, and Australian economic indicators, highlighting the impact on expectations for future interest rate adjustments.
Cost of living pressures have piled on over the last 12 months, and many Australians have entered the new year with a sense of apprehension. For anyone looking to ease the stress, these tips might be a good starting point.
If the prospect of a comfortable retirement wasn’t incentive enough, there are a number of ways Australians can boost their retirement savings and save on tax at the same time.
How to accumulate money, spend it, and put it to work in service of our long-term goals are all important questions, and they tend to evolve as we age. Here are some common financial goals for each decade of life.
The challenges faced by both renters and first home buyers in 2023 look set to continue this year. Are you better off picking one over the other?
2023 was a year marked by financial turbulence, with volatility, rising rates, and geopolitical tensions reshaping investment landscapes. It highlighted the importance of diversification and adaptable strategies in the face of inflation and global uncertainties, setting a foundation for 2024.
This week's market movements reflect a complex interplay of economic indicators, policy decisions, and investor sentiment. While central banks' signals of rate cuts have buoyed the markets, underlying economic data presents a nuanced picture. Investors remain cautiously optimistic, looking towards 2024 for further monetary easing and economic stability. As we proceed, the balance between optimism and caution will continue to shape market dynamics.
Retirement isn’t always as glamorous as it’s made out to be, but things can be especially challenging if the decision to leave the workforce wasn’t yours to begin with.
Whether you’re scouring the job boards or sitting across an interviewer, a prolonged absence from work can hurt your confidence. If you’re looking to get your career back up and running, here are some tips that might help.
Markets have seen an influx of new investors over the last few years, but many Australians remain painfully unaware of some of the tax rules that apply.
There’s a lot more to the estate planning process than getting your Will sorted. Here are a few additional items that, depending on your situation, you might need to check off the list.
Global markets have started the last month of the year on an optimistic note, buoyed by signs of easing inflation and expectations of reduced central bank rate hikes, amidst mixed performances across key sectors and companies.
In the 1970s, the global economy underwent a significant transformation. This period was marked by the dissolution of the Bretton Woods system and escalating geopolitical tensions following the Yom Kippur War. At the centre of this era's narrative was the unlikely alliance between the United States, the dominant global economic power, and Saudi Arabia, known for its vast oil reserves.
The U.S. stock market experienced a significant upswing last week, led by the S&P 500's 1% rise, influenced by dovish Federal Reserve minutes and other factors. In contrast, Australia's ASX dipped slightly, highlighting divergent economic paths and monetary policies between the U.S. and Australia.
Global markets rallied on a softer U.S. CPI report and strong consumer spending, easing rate hike expectations. The S&P/ASX 200 rose 1.4%, with gains in Resources and Industrials, while U.S. indices also climbed. Notable stock movements included Elders Ltd and Cromwell Property Group's sharp rises and Karoon Energy's decline.
The 2023 Demographia International Housing Affordability report reveals a stark crisis in Australian cities. Sydney, Melbourne, Brisbane, Adelaide, and Perth are deemed "severely unaffordable," with housing prices outpacing inflation and incomes. This trend threatens the standard of living for middle-income households, exacerbating inequality and necessitating policy reforms.
No one knows with certainty what their post-work years will look like, but there’s a lot we can do to help secure the retirement we want.
For financial educator Vanessa Stoykov, changing our attitude towards money means first understanding all the things that shaped it in the first place.
During your retirement years, you can access a portion of your super to fund your day-to-day needs while the bulk of your balance remains invested.
An early inheritance can make all the difference in your child’s life, but there are plenty of issues you’ll need to be aware of before parting with your cash.
This past week saw global markets make modest moves amidst central bank discussions, with slight gains in the S&P/ASX 200 and stronger upticks in the US indices. The RBA's rate hike to 4.35% in response to persistent inflation set a cautious tone, reflecting in mixed corporate earnings reports from industrials and banks like Westpac and NAB. Commodity sectors faced headwinds, evident from the oil price drop and mixed stock fortunes, including a significant rise for Neuren Pharmaceuticals and a drop for Xero Limited.
Equity markets saw an uplift this week with the S&P ASX 200 rising by 2.2%, S&P 500 by 5.9%, and NASDAQ by 6.6%, after the Federal Reserve signaled a potential pause in rate hikes, amidst varied performance across sectors and key individual companies reporting significant financial developments.
This list ranks the top 10 economies based on the duration they have avoided a recession since 1990, highlighting Australia's nearly three-decade run. However, it notes that this is only one facet of an economy's overall resilience and health.
Amidst a volatile week in global markets influenced by recession fears, inflation, and geopolitical unrest, significant corporate earnings and economic indicators took centre stage, revealing surprising resilience in the U.S. economy and setting the stage for potential rate hikes.
Understanding the difference between your risk appetite, a theoretical model crafted by your financial adviser, and your risk tolerance, your actual behaviour in market conditions, is crucial for tailoring an investment strategy that truly aligns with your comfort level and financial goals.
Global equity markets grappled with rising inflation, fluctuating oil prices, and geopolitical tensions in the Middle East, while mixed corporate earnings and macroeconomic indicators signal an uncertain path for monetary policy.
This article explores the correlation between economic and population growth in six nations from 2005 to 2022, highlighting how demographic dynamics and pivotal global events have concurrently shaped their economic landscapes.
In a week marked by heightened geopolitical tensions due to Hamas attacks on Israel, global markets showed mixed responses, with sectors like energy and resources gaining while others lagged, all against a backdrop of economic indicators and company-specific developments that suggest a complex and uncertain landscape ahead.
The Age Pension is an important source of income for millions of Australian retirees. But there are plenty of rules you’ll need to be aware of before you apply.
Being proactive when it comes to your super can potentially have major benefits. Here are some steps you can take to help bring the retirement you want within reach.
Writing a Will can be a daunting — not to mention emotional — task. But without considering these questions, your efforts at end-of-life planning may be incomplete.
The low fixed rates many Australians locked in over the pandemic period are gradually expiring. If you’re worried about what’s on the other side of the fixed rate cliff, here are some tips to help you with coping.
The article underscores the importance of bonds in a diversified investment strategy, highlighting their stability and consistent income generation. It encourages investors to consider bonds for long-term wealth safeguarding and growth, despite their recent subdued performance.
Last week saw fluctuating markets influenced by surging bond yields driven by factors such as central bank policies and inflation concerns, a dip in oil prices easing inflationary fears, varied performances in the S&P/ASX 200 and share prices, and mixed signals from central banks about future rate hikes.
Markets face volatility due to rising bond yields and inflation. Energy sector gains, tech slides. Political uncertainty in U.S. impacts sentiment.
Norway and Australia offer contrasting models for managing their abundant natural resources. While Norway channels its oil proceeds into a sovereign wealth fund for long-term societal benefits, Australia's approach leans towards immediate market-driven returns. The choices made have significant implications for preserving wealth for future generations.
This article provides a comprehensive yet accessible overview of a volatile week in global financial markets, highlighting key drivers like U.S. inflation and China's economic moves, and offering insights into company performances and broader economic trends.
Learn to spot the telltale signs of fraudulent messages and help keep your finances safe.
Is your empty nest no longer empty? Here are some ways to navigate the emotional and financial challenges of an adult child moving back home.
If you’re looking to invest for your child, you should know there can be major drawbacks to doing so in their name.
Are you confident your super will go to your preferred beneficiary if you pass away? Here are a few scenarios that might cause trouble for you.
Navigating a week marked by supportive economic data and cautious optimism, this article delves into key market trends and indicators, providing a potential snapshot of what lies ahead in the financial landscape.
A comprehensive overview and analysis of recent economic and financial developments, both locally and internationally.
A comprehensive overview and analysis of recent economic and financial developments, both locally and internationally.
This article reflects on the economic similarities and differences between Japan's rise in the '80s and China's current growth. It highlights parallels in rapid economic expansion, technological evolution, urbanisation, and debt-driven bubbles, but also notes unique factors such as China's government control and potential learning from Japan's past mistakes. The analysis underscores the need for caution, good governance, and structural reforms to avoid potential pitfalls.
This article thoroughly explores how trust is the financial landscape's cornerstone. We will draw comparisons between the US dollar and the Argentine peso to highlight the significance of trust in currency valuation. Additionally, we will examine the tradition of the reserve currency, the Bretton Woods system, the evolution of trust despite its modifications, and the historical transition of trust from tangible assets to paper-based representations. Furthermore, we will extensively delve into the emergence of cryptocurrencies, particularly Bitcoin, and analyse how unwavering trust in Bitcoin can sometimes exhibit cult- like behaviours.
There’s more to your super statement than how well your fund has performed. Here are a few questions to ask when you receive yours.
For anyone with uni debt, the recent indexation increase of 7.1% might come as a shock. Here are a few things to keep in mind.
Super funds invest in many different assets to grow members’ retirement savings, including unlisted assets. But do you know how they work?
AI is on the rise, and one group that’s been quick on the uptake has been cybercriminals. Here are just some of the ways the tech is being used to scam and steal.
As the third week of Australia's reporting season commences, the market continues to showcase resilience and complexity amidst a blend of positive surprises, in-line results, and indicators of slowing cycles in response to regulatory adjustments.
A comprehensive overview and analysis of recent economic and financial developments, both locally and internationally.
This article provides an overview of the recent quarterly reports from top Australian companies, including Macquarie Group, Fortescue Metals, South32, Pilbara Minerals, and others. It highlights their performances and implications for the market, covering positive and negative stock price movements. The article delves into specific details from each company's report, offering investors valuable insights into their recent developments and future prospects.
An article featuring the Top 10 Market Shakers Navigating Global Finance today.
Market Update - A Snapshot of Global & Local Economic Activity
Market Update - A Snapshot of Global & Local Economic Activity
Beating inflation is no easy task, but Nicole Pedersen-McKinnon offers some handy tips to help make the rising cost of living more manageable.
The most valuable thing you own might not be your home, your car, or even your investment portfolio. We look at how to protect this often overlooked asset.
A lot has changed in the tax and super space this new financial year. Here’s a rundown of some of the most important items you should know about.
When it comes to your super, small decisions can have significant consequences. If you’re worried about things snowballing, consider these strategies.
Market Update - A Snapshot of Global & Local Economic Activity
Market Update - A Snapshot of Global & Local Economic Activity
Market Update - A Snapshot of Global & Local Economic Activity
High inflation may have complicated your plans to retire early, but there are few things you should consider before giving up.
Worried that you won’t be able to give your family a helping hand in life without dipping into your retirement savings? Here are a few tips.
Do you struggle with impulsive spending or find saving money a chore? These small behavioural changes could help.
Rising interest rates have been a thorn in the side of mortgage holders. But there is some good news to come from the RBA’s rate hikes.
Market Update - A Snapshot of Global & Local Economic Activity
Snippets of market related newsflow and information from the week ended 26 May.
If rising rental payments have fuelled your desire to break into the property market, here are a few government programs that may help.
As far as life changes go, a breakup can be among the most stressful. Here are some tips on how to make it out the other side with your finances intact.
We look at some of the reasons your pension payments might be falling short and what you can do about it.
Tax time is often stressful, but with a few smart strategies you may be able to minimise your tax burden and give yourself a nice little refund at the same time.
Snippets of market-related newsflow and the latest economic information in a nutshell
On Tuesday 9 May, Treasurer Jim Chalmers handed down the 2023-24 Federal Budget. Read about what the proposed measures could mean for you.
Snippets of market-related newsflow and the latest economic information in a nutshell
Migration is a powerful force that can significantly influence a nation's economic landscape. Over the past two decades, Australia and Japan have pursued contrasting migration policies, resulting in diverse economic trajectories. Australia, characterised by its multicultural society and accommodating immigration policies, has reaped considerable benefits from its growing migrant population. In contrast, Japan's stringent immigration regulations have led to an ageing population and a declining labour force, prompting the country to reassess its migration policies.
Snippets of market-related newsflow and the latest economic information in a nutshell
The Australian Child Care Subsidy (CCS) has transformed families' lives by making childcare more affordable and promoting dual-income households, impacting the labour and property markets.
Snippets of market-related newsflow and the latest economic information in a nutshell
Australia's residential property market has long been a subject of interest for both domestic and international investors, with its relatively stable growth and strong demand for housing. In recent years, a significant factor affecting the property market has been the country's high proportion of citizens born overseas. Additionally, the evolving job market with a current unemployment rate of 3.5% and inflation concerns are shaping the prospects for the Australian residential property market.
Snippets of market-related newsflow and the latest economic information in a nutshell.
As Millennials navigate an ever-changing economic landscape and face unique financial challenges, planning for retirement might not be at the forefront of their minds. However, starting the process early is critical to ensuring a secure and comfortable future. In this article, we will discuss why Millennials should be mapping their retirement today, referencing insights from Deloitte's 2022 Global Millennial Survey.
You don’t need a lump sum to keep the momentum going on your investments. Smaller, regular investments can be just as powerful.
If you’re suffering from Fear of Running Out (FORO), we’ve got some ideas to get you unstuck and on track with your future.
When mortgage repayments are on the up, using your home loan features to their full advantage can be a smart strategy.
We share some smart strategies to help keep your plans to start a family firmly intact.
Snippets of market-related newsflow and the latest economic information in a nutshell.
Snippets of market-related newsflow and the latest economic information in a nutshell.
Insurance premiums that are deducted from your super balance are easy to forget about. If you have insurance through super, read on.
Kick fear to the curb with some useful and practical tips on staying financially and emotionally resilient when things feel unsteady.
When was the last time you reviewed your Will? Do you even have one? Learn the common life events that can date your current Will.
Helping out loved ones is often part and parcel of being in a family. But are you overextending on your finances and time?
Snippets of market-related newsflow and the latest economic information in a nutshell.
Monthly Market Update, which outlines the latest economic and market developments.
Snippets of market-related newsflow and the latest economic information in a nutshell.
Australia has maintained a record-low unemployment rate despite facing challenges such as digital transformation, rising inflation, and labour market changes. While digital transformation has led to an increased demand for technical skills, it has also created new job opportunities in industries such as IT, digital media and e-commerce. Immigration and the increased participation rate have also played a significant role in sustaining the labour market, filling labour shortages and bringing diverse skill sets. However, there are concerns regarding part-time work and the quality of jobs being created. The Reserve Bank of Australia has implemented monetary policy measures to address inflationary pressures.
Stagflation, a unique form of inflation that occurs when an economy experiences both inflation and stagnant growth at the same time, is considered the worst type of inflation. This article discusses the various factors that can cause stagflation, the negative effects it can have on an economy, and the policy options available to address it. It also provides an example of a country that successfully tackled stagflation in the 1980s and highlights the need to strike a balance between policy options to effectively address it. Finally, it examines the time required to return to a stable inflation rate after experiencing stagflation.
This passage discusses how inflation can affect an economy by reducing the value of money, savings, investments, and wages. Central banks often increase interest rates during periods of inflation to reduce demand for goods and services. It highlights the importance of taking necessary steps to control inflation, as failing to do so can lead to severe consequences.
This article identifies some of the financial issues that your senior-aged clients need to be aware of when starting a new relationship later in life. Adult children may also be affected by their parents’ decisions.
Snippets of market-related newsflow and the latest economic information in a nutshell.
Snippets of market-related newsflow and the latest economic information in a nutshell.
The possibility of an economic recession in Australia has been a cause for concern in recent times. However, despite these fears, there is no need to panic or fear an Australian economic recession. With several economic strengths, resilient service sector, government stimulus measures, and a track record of withstanding significant economic shocks, Australia is well-positioned to weather any future downturns. In this article, we will explore why there is no need to fear an Australian economic recession.
If you’re in your 50s and selling your home is on the radar, you may be able to use some of the proceeds to boost your super.
Contemplating a career change? Read on for some practical things to consider before you take the plunge.
Moving into aged care can be a daunting prospect. Louise Biti from Aged Care Steps shares some practical tips to help parents settle in sooner.
Conversations about money can be hard at the best of times. We share some tips on how to ease tension and get things flowing.
Snippets of market-related newsflow and the latest economic information in a nutshell.
Snippets of market-related newsflow and the latest economic information in a nutshell.
Learn some simple ways to help set yourself up to be fighting fit for the year ahead.
Behavioural finance expert Simon Russell shares some insights on the kind of goals that can lead to greater happiness.
Are you making the most of the types of super contributions on offer? We share three things that might just surprise you.
Investing in an education bond is one way to invest and save for a child’s education. We explain how they work.
Is a move to the country or coast in your near future? Make sure the practicalities stack up for you.
With the cost of fuel eating into household budgets, is it time to assess the financial merits of going electric?
If your leftover super is headed to adult children when you pass away, then be sure to take note of the significant tax implications.
With the holiday season upon us, now might be a good time to make learning about money fun. We share some ideas.
Taking some time out to reflect on the past twelve months can help set you up for a good year ahead.
Snippets of market-related newsflow and the latest economic information in a nutshell.
Snippets of market-related newsflow and the latest economic information in a nutshell.
Snippets of market-related newsflow and the latest economic information in a nutshell.
Passing on your wealth to the next generation can come with complexities. Lawyer Katerina Peiros shares some common pitfalls to watch out for.
When is the ‘right time’ to sell a property? Read up on things to consider when weighing up your options.
Fraser Jack at Cyber Collective shares some essential ingredients to a safety-first mindset online, and practical tips to help protect yourself.
If you’re in the lead up to retirement, you may be wondering what you can do to help keep your retirement plans on track. Read on for some ideas.
If you have a habit of getting caught up in a last minute gift-buying frenzy, we’ve got some tips to help keep your finances under control.
Snippets of market-related newsflow and the latest economic information in a nutshell.
Snippets of market-related newsflow and the latest economic information in a nutshell.
A Private Ancillary Fund (otherwise known as a 'PAF') is a structure that enables the pursuit of philanthropic objectives while delivering significant tax advantages to the donors.
Snippets of market-related newsflow and the latest economic information in a nutshell.
On 25 October 2022, Treasurer Jim Chalmers handed down an updated 2022-23 Federal Budget. Read about what these proposed measures could mean for you.
Snippets of market-related newsflow and information from the week ending the 21st of October 2022.
Snippets of market-related newsflow and information from the week ended 7 October.
Mortgage Broker Catherine Denney from Nook Money shares tips to help with getting a good outcome from a phone call to your lender.
When interest rates change, checking in on your savings strategy can be a good idea. We share some things to consider if you are thinking about investing in a term deposit.
Money worries can affect even the strongest relationships. We share some ideas on helping to keep financial harmony intact with your nearest and dearest.
Deciding on the type of aged care is often one of the most difficult decisions to make. We look at the main differences between in-home care, residential care, and retirement living.
Being self-employed can come with its challenges. If you have ‘lumpy’ income to deal with, here are a few tips on how to manage this income in good times, and bad.
Snippets of market-related newsflow and information from the week ended 7 October.
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
Often the biggest realisations in life only come with lived experience. We share 5 life lessons that seem to have stood the test of time.
Is the thought of budgeting enough to make your eyes glaze over? Here are a few ideas to turn budgeting boredom on its head.
Simon O’Connor, CEO of the Responsible Investment Association Australasia (RIAA) shares some insights from their annual benchmarking report.
Is retirement something you dream about, or dread? We look at some things to weigh up when planning your retirement timeline.
Putting legal arrangements in place with family members might seem unnecessary, but it may help protect you and your children if things go wrong.
The latest news and information on the economy and financial markets
Inflation, interest rates, labour and the weather were all big talking points in this year’s ASX earning season, says Pendal mid-caps portfolio manager BRENTON SAUNDERS
This article features a summary of the Australian economy alongside market news for each key asset class for August 2022.
The latest news and information on the economy and financial markets
Despite tough talk from central bankers, cash rates are likely to sit around 3% next year, writes Pendal Group head of government bond strategies TIM HEXT.
Fewer Australians: will this create a more sustainable society, or will it cause economic growth to evaporate? This article reviews the latest population growth rates for Australia, compares them to rates in other countries and outlines the arguments as to why this might be a negative or a positive for the domestic economy.
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
The July 2022 Month in Review is our monthly report providing economic commentary with Australian and global economic summaries, alongside market news for each key asset class.
The latest news and information on the economy and financial markets
Your annual statement can provide an opportunity to scrutinise your super. Here we cover some areas to review when it comes your way.
Hear from family lawyer Bhavesh Mistry about ways to get your financial affairs in order while you have time on your side.
Clearing debts can be a liberating experience. We look at good vs bad debt, and some common debt repayment strategies.
How is your financial health? Check in on your finances with these simple and practical tips.
This article explains the Home Equity Access Scheme, how it works, recent changes and contains a short case study.
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
The month in review provides market commentary for each key asset class.
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
Our latest quarterly economic update covers our domestic economy, including inflationary fears, the rising cost of living prices, the recent basic wage increase, and slowing the property market. Cryptocurrency is also discussed.
A new financial year can bring about change with the terms of new legislation taking effect. Notably, these changes (and others) can impact your financial situation, goals and objectives. Therefore, it’s vital to assess the relevance and impact of these changes—and navigate accordingly. Here is a summary of several key changes occurring from 1 July 2022
Introducing kids to the idea of investing to build long-term wealth could be life changing. We share some ideas on how to get the conversation started.
Deciding whether to boost your super, pay down your mortgage, or help your kids out is a common dilemma. We look at some of the considerations to weigh up.
The effects of the pandemic have led to significant increases in life insurance premiums in recent months. We look at what to consider before making any changes to your policy.
Read about some of the key changes to super, tax, and social security measures as the new financial year gets underway.
For some of us, there can often be a ‘behaviour gap’ between what we should do and what we actually do. In this article, we discuss investment market cycles and investor sentiment.
The latest news and information on the economy and financial markets
Inflation noise gets louder, but real yields move markets. Are bonds a buy? Pendal head of government bonds Tim Hext offers his view in Pendal’s weekly Income & Fixed Interest snapshot
The latest news and information on the economy and financial markets
Higher volatility in financial markets is being touted as the 'new norm'. During choppy times in financial markets, investors are prone to making investment decisions based on fear. Here we share five tips on the different ways to manage the risk in times of high volatility.
The latest news and information on the economy and financial markets
One way to prepare for uncertainty is to consider and plan for alternative outcomes. We discuss putting higher lending rates and mortgage repayments to the test.
With ESG investing continuing to be on the rise in Australia, we look at potential considerations when thinking about your investment portfolio.
Letting your kids in on money decisions can provide a great opportunity to pass on some money wisdom and learn a few lessons of your own.
Explore the strategies that can help with protecting the value of retirement savings, now and into the future.
What does the Reserve Bank’s 0.5% rate rise mean for investors? Here’s a quick overview from Pendal’s head of cash strategies, STEVE CAMPBELL
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
While peak inflation may be behind us, it doesn't necessarily mean good news.
Anthony Albanese has been sworn in as the next Prime Minister after his Labor party clinched victory in the election on Saturday, ousting the Coalition that had been in power since 2013. So, what does it all mean for policy?
The latest news and information on the economy and financial markets
When markets go up and down, revisiting the ‘golden rules’ of investing can often help with staying calm and confident.
The following charts provide a comprehensive illustration of some of the current critical thematic drivers.
The latest news and information on the economy and financial markets
Just when you thought you’d reached your limit, life throws more unexpected challenges directly in your path. Read on for some tips to get you through a difficult time.
Your money and emotions are interconnected, more than you might realise. Learn some handy tips on how to navigate uncomfortable emotions and make smarter money decisions.
If your saving efforts are feeling sluggish, here are some simple yet effective science-backed ideas to try on for size. One might just work for you.
EOFY is just around the corner. Learn 5 things that may help to reduce your personal income tax and/or provide for your retirement.
Stepping in to help children enter the property market might be a noble thing to do. But it can come with a few risks that are worth being aware of.
The latest news and information on the economy and financial markets
This article discusses the effect of rising inflation and its impact on the Australian economy. It includes a list of ways to prepare yourself for a rise in inflation.
The latest news and information on the economy and financial markets
Several paradoxes have added further uncertainty about inflation across the global economy and financial markets.
The latest news and information on the economy and financial markets
The RBA recently released their semi-annual financial stability review report. This report provided an update on the health of Australia’s financial system, including discussing any potential risks identified by the bank.
The latest news and information on the economy and financial markets
Vanessa Stoykov has known billionaires, millionaires, and those who aspire to be—and there are two common denominators that come up time and time again. Find out what they are.
Becoming a master of delayed gratification means you can buy as many marshmallows as you want, forever. Delayed gratification is basically your ability to resist the allure of an instant reward.
To be eligible to access super, you must be able to meet a specified condition of release. In this article, we give an overview of the conditions of release—which isn’t limited to ‘attaining age 65’.
Between June and November of 2021, a group of Australians collectively lost an estimated $374,000 to a crypto investment scam. We hear a lot about the highs but there are also many lows.
The latest news and information on the economy and financial markets
On 29 March 2022, Treasurer Josh Frydenberg delivered the 2022-23 Federal Budget. We provide an overview of key proposed policy measures that may be relevant to you and your personal finances.
Vanessa Stoykov is a renowned Australian money educator. In this special financial education piece, Vanessa shares five simple questions worth asking yourself that could very well save you thousands.
In the finance industry, there can be a considerable amount of jargon. In this article, we help clarify some of the commonly used jargon within the personal insurance space.
At 30 June 2021, 65% of all SMSFs had a corporate trustee structure—instead of an individual trustee structure. In this article, we discuss SMSF trustee responsibility, eligibility, and structure types.
The Household, Income and Labour Dynamics in Australia (HILDA) Survey collects information on many aspects of life. In this article, we explore retirement trends highlighted in the 2021 HILDA Survey.
The latest news and information on the economy and financial markets
February saw continued equity market volatility due to concerns surrounding inflation, supply chain constraints, monetary policy and rising bond yields. February also saw an escalation in geo-political tensions with Russia invading Ukraine adding further uncertainty to markets. Only time will tell what this will mean for central bank policy, economic growth and financial markets in general.
The tragic developments in Ukraine are dominating the attention of the world and markets. Russia formally invaded Ukraine on Thursday, with President Putin ordering a ‘special military operation’ in the country. Missile strikes have been carried out across the country. It is not clear how far Russia will go. Some have raised the concern that Russia’s invasion could result in a broader conflict. This conflict comes at a time when major central banks around the world, including our own Reserve Bank, are grappling with mounting inflationary pressures while their respective economies recover from the pandemic. This conflict adds to the challenges of an already difficult inflation backdrop. It raises the risk of higher inflation, especially via higher energy prices. It also poses downside risks to consumer sentiment and world economic growth; the extent of downside risk to world growth depends on how this conflict evolves. In particular, if it draws the world into a wider conflict, there would be more severe economic ramifications. It means stagflation risks have grown, which is the scenario of low growth and high inflation. What does it mean for the Australian economy specifically?
The latest news and information on the economy and financial markets
Inflation, energy prices, interest rates, and now the war in Europe? Effective diversification has never been so important.
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
Vanessa Stoykov is a renowned Australian money educator. In this special financial education piece, Vanessa explains the benefits of safety nets—and three steps to consider when looking to build one.
“Our future self is the beneficiary or unfortunate inheritor of all our major decisions and daily choices.“ (Ganschow et al., 2021). In this article, we share an exercise on future self-continuity.
If you work casual or part-time, take time out of work, or have ‘lumpy’ income, it can mean periods where no super contributions are made. In this article, we discuss the carry-forward provision.
Many older Australians desire to age in place, though housing and care needs change as people age. In this article, we cover retirees ageing in place—and the concept of a liveable and adaptable home.
The latest news and information on the economy and financial markets
Vanessa Stoykov is a renowned Australian money educator. In this special financial education piece, Vanessa discusses reflecting on a most unusual year and planning for the new year standing before us.
For some of us, there can often be an investing behaviour gap between what we should do, and what we actually do. In this article, we cover recent research findings on investment switching behaviour.
Our super—and subsequent retirement income (and outcome)—can be boosted by, among other things, increasing our contributions. In this article, we cover boosting retirement savings with contributions.
Our present habits can often either help or hinder us in our pursuit of achieving our future goals. In this article, we discuss habits, and list 16 key financial habits worth considering for 2022.
With a shift towards working from home and a boom in new small businesses starting up, this article discusses valuable points that new entrepreneurs need to consider before rushing into their new venture. We cover everything from business plans and funding support, to registering your business and acquiring insurance.
The latest news and information on the economy and financial markets
If you have ordered anything online recently, you can probably attest to the impact of supply-chain disruptions. Delays in deliveries have become standard, alongside skyrocketing shipping costs for importers and exporters. The lengthy delays mean some businesses are facing material shortages. So, what exactly is underpinning the bottlenecks?
A concise summary of some of the main developments currently facing financial markets.
The latest news and information on the economy and financial markets
Vanessa Stoykov is a renowned Australian money educator. In this special financial education piece, Vanessa shares why it’s key to set investment goals and follow through with a plan to achieve them.
When an underwriter assesses the information contained in an individual’s insurance application, the need to take risk-reduction action may be identified. In this article, we discuss revised terms.
One particular cost many families can often struggle with is the cost of child care. In this article, we cover incoming changes to the Government’s Child Care Subsidy—due to commence shortly.
In the 2021-22 Budget, key proposed measures were announced in relation to super. In this article, we provide an update on several of these measures currently sitting in parliament.
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
Vanessa Stoykov is a renowned Australian money educator. In this special financial education piece, Vanessa shares how children can alter our priorities and change our approach to long-term planning.
When it comes to tax on concessional contributions, some high-income earners may have to pay an additional 15% tax (Division 293 tax). In this article, we provide a brief overview of Division 293 tax.
APRA supervises institutions and promotes financial system stability. In this article, we discuss APRA’s new guidance and direction regarding home loan serviceability and income protection insurance.
Housing (homeownership) is a key factor influencing retirement outcomes—not just financially speaking. In this article, we discuss retirement and several things to consider with regard to housing.
The latest news and information on the economy and financial markets
Climate change concerns and energy woes dominated the global economy this month as nations prepared for the UN’s Climate Change Conference (COP26) and continued to respond to a tightening energy market. Focus on China continues as investors keep their eyes on the property sector, looking for any further indications of instability after September’s Evergrande “almost-crisis”.
Financial markets, spurred on by strong September quarter earnings, sparked the bulls across Australia, the US and Europe.
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
This article covers the importance of having an ‘In Case of Emergency’ file for estate planning purposes. By using a case study, we explain why you should have an ICE file, what important documents the file should contain, and why it is important that the right people know of the files existence and location.
It’s often presumed that the only way to fund residential aged care is to sell your home. This article explains why this isn’t always the case and discusses alternative options available including Daily Accommodation Payments (DAP) and Refundable Accommodation Deposits (RAD). It concludes with a recommendation to readers to reach out to their financial specialist to explore their options.
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
Vanessa Stoykov is a renowned Australian money educator. In this special financial education piece, Vanessa shares ways to mentally get around the challenge of money-related stress.
Unfortunately, the potential to experience financial difficulty due to COVID-19 still persists. In this article, we provide a brief overview of two key Government COVID-19 financial support measures.
In our retirement years, a time may come when we need to consider aged care services to help with looking after ourselves. In this article, we discuss several different types of aged care services.
For the 2018-19 financial year, 436,952 individuals claimed on average $13,395 in deductions for personal super contributions. In this article, we briefly cover personal deductible contributions.
Markets this month were hit by a mixed bag full of events, from energy pricing pressures, nuclear diplomacy, name-calling in the US senate and the ’wait and see‘ the credit crisis of China’s property giant, Evergrande. Europe and China began to roll out policies to cool down a tightening energy market over concerns of expected Winter surges in demand. An AUKUS alliance was formed between Australia, the UK and the US which included the building of nuclear submarines for Australia, while France was left out in the cold
The local sharemarket was down almost 2%, which fared better than Europen (down over 3%) and the United States (down over 4%) equities during September. Inflation concerns for the global economy over energy prices saw bonds fall over 1% and the Australian depreciate for the month. Commodity prices were mixed seeing oil prices soar almost 10% while Iron Ore collapsed losing almost 25%. Meanwhile, El Salvador introduced Bitcoin as its legal tender while China banned all cryptocurrencies.
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
Stock market slides over a few days or months may lead investors to anticipate a down year. But a broad Australian market index had positive returns in 16 of the past 20 calendar years, despite some notable dips in many of those years.
The Chinese Government is facing a conundrum with profound consequences. Will they bail out an elite billionaire who happens to own China's second-largest property developer, a sector so large it is a close second to the size of Chinese net exports, or will they remain unaffected in their pursuit of common prosperity and all Evergrande to fail.
The latest news and information on the economy and financial markets
It's a sad but unavoidable fact that one day, we are all going to die. You will most likely have clear ideas about how you would like your hard-earned wealth – your 'estate' – to be divided amongst your loved ones or other beneficiaries. However, estate planning is a complex area of law, and basic mistakes can see Wills declared invalid, money end up with unintended recipients, or benefits reduced by avoidable tax bills. So how can you avoid making some of these mistakes?
The latest news and information on the economy and financial markets
There can be many benefits to holding TPD insurance. In this article, we discuss several supplementary provisions contained within some TPD insurance policies focused on enhanced coverage.
One of the most important things we can do prior to our passing is ensure we have a valid will in place. In this article, we provide an update on various intestacy rules that exist in Australia.
For some of us, it can be challenging to grow our super. In this article, we briefly discuss several Government super contribution measures, which may help those eligible to grow their super for retirement.
Vanessa Stoykov is a renowned Australian money educator. In this special financial education piece, Vanessa discusses limiting thoughts and beliefs, and how to change your mindset for the better.
The latest news and information on the economy and financial markets
Four themes characterised full-year earnings season 2021 and will set the tone for how the market trades from here, says Pendal’s head of equities Crispin Murray.
Are you confused about the contrasting roles a financial planner and a financial counsellor play in providing advice? Using a descriptive case study, this article explains the differences between the two professions and how each can provide valuable assistance in a range of financial situations.
The latest news and information on the economy and financial markets
With a massive $3.5 trillion dollars expected to be inherited by Australians over the next 20 years, understanding how to manage these funds will be crucial for the average Australian. This article discusses tax and Centrelink implications of receiving an inheritance, the use of superannuation and family trusts, and highlights the importance of seeking advice both before and after receiving an inheritance.
The latest news and information on the economy and financial markets
Inflation, for so long a low priority concern for investors. It came storming back into the headlines recently with news that Australian consumer prices had risen at their fastest annual pace in almost 13 years. What are we to make of this? By Jim Parker Vice President Dimensional
When deciding where to invest, it’s important to understand that the best and worst-performing asset classes will often vary year to year. This reiterates the importance of diversifying across multiple asset classes to help smooth out returns, maintaining an investment strategy and focusing on the long term.
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
The Month in Review report provides market news for each key asset class.
The Month in Review report provides economic commentary with Australian and global economic summaries.
The Association of Superannuation Funds of Australia (ASFA) provides a regularly updated guide as to what it may cost to fund your retirement in the post-work years, depending on your age, marital status and lifestyle. We drill further down into the detail and provide some useful insights.
Vanessa Stoykov is a renowned Australian money educator. In this special financial education piece, Vanessa discusses several ways you and your partner can get on the same page when it comes to money.
In the 2020 calendar year, the total reported losses from scams was over $175 million (an over $32 million increase compared to 2019). In this article, we cover several of the different types of scams.
When it comes to deductions, it’s vital to understand what you can (and can’t) claim and the appropriate evidence needed to claim. In this article, we explore deductions for the financial year ahead.
Your retirement income (and outcome) can be intrinsically linked to your accumulation, and use, of wealth inside super. In this article, we provide tips on reviewing your annual super statement.
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
Vanessa Stoykov is a renowned Australian money educator. In this special financial education piece, Vanessa discusses the concept of life planning and money—and being the author of your own story.
Super is, without a doubt, complex and ever-changing. In this article, we share an important change to super following the recent passing of the ‘Your Future, Your Super’ legislation.
A new financial year can be an opportune time to take stock of your overall personal finances and make changes if needed. In this article, we provide a list of questions that may help you with this.
The commencement of a new financial year can see rates and thresholds increase (or decrease) and legislation take effect. In this article, we provide important information on changes from 1 July 2021.
June started with the continuing outbreak of COVID-19 in Melbourne and by the end of the month, Sydney was feeling the full force of the Delta variant. The resulting three-week lockdown has seen considerable pressure being placed on the domestic economy. Whilst the RBA stayed firm on its 0.10% cash rate at its June 1 meeting, industry consensus is leaning further towards a pre-2024 rate hike, despite what has been indicated by the RBA. Neighbouring China will allow couples to have a third child to combat a falling birth rate, whilst in Europe consumer confidence rose from -5.1 to -3.3 in June, representing a return to pre-pandemic levels. Global COVID-19 vaccinations reached 2 billion doses early in the month.
In almost a complete turn-around to what markets experienced across the last financial year, we saw a tale of two halves being negative returns in the first half of the year and positives in the second half. This year, with the environment of both supportive monetary (interest rate) and fiscal (government spending) policies, all major listed asset classes delivered strong returns. Albeit in the face of volatility driven by headwinds from fears of rising inflation, the pace of vaccine roll-outs, and uncertainty as to what the new global economy will look like.
The latest news and information on the economy and financial markets
With unemployment rates decreasing, housing prices rising and the share market performing strongly, the last quarter has been very positive for the economy and investors alike. In this article, we summarise the key standouts from the April to June 2021 quarter.
Superannuation guarantee (SG) rates will increase from 1 July 2021. While this is good news for our retirement nest eggs, some employees may feel the impact with a deduction to their take-home pay. This article explains the SG rate changes, salary differences, and options available to those who are affected by a deduction to their wage.
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
This article is a market summary covering the performance and current themes in the traditional asset classes shares, property and bonds.
The latest news and information on the economy and financial markets
An estimated collective total of $3.9 billion per year is spent on avoidable paid subscription services by Australian households. In this article, we explore spending and paid subscription services.
Personal insurances can be a key consideration when it comes to wealth accumulation and related health (and financial) risk management strategies. In this article, we summarise the main insurances.
Accumulating wealth in super takes, among other things, contributions. However, there are limits to this. In this article, we cover contribution eligibility conditions—maximum age and the work test.
The latest news and information on the economy and financial market
The social cost of carbon (SCC) estimates the future damages from an additional ton of CO2 emissions. The number is crucial for environmental policymaking and was just updated by the new US administration. The estimation of the SCC is sensitive to its inputs, and debate continues in the academic community about its appropriate value. By Mathieu Pellerin, PhD Researcher | Jacobo Rodriguez Head of Research Operations and Vice President Dimensional | Joseph Chi Head of Responsible Investment Dimensional
By Joseph Chi Head of Responsible Investment Dimensional | Mathieu Pellerin, PhD Researcher | Jacobo Rodriguez Head of Research Operations and Vice President Dimensional
The latest news and information on the economy and financial markets
Will you retire with enough money in your super fund? This article explains the challenges that today’s accumulators face in order to reach their retirement goals. Housing affordability, low interest rates, pandemics, an aging population and pressure on our welfare system are all key points covered in this thought- provoking article.
With many new investors moving away from cash investments to seek greater return, investing in shares has become very popular. This article summarises the tax responsibilities of a share investor and highlights some of the risks.
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
From a wealth accumulation and cash flow generation perspective, super is widely considered one of the most tax-effective investment structures. In this article, we cover 11 key tax facts about super.
When it comes to achieving financial wellbeing, financial literacy plays a key role. In this article, we have put together a quiz to test your knowledge across various areas of your personal finances.
With 30 June coming up, please consider putting aside time to review your personal finances—and take action, prior to this date, if appropriate. In this article, we provide EOFY planning tips.
The latest news and information on the economy and financial markets
Treasurer Josh Frydenberg delivered the 2021-22 Federal Budget on 11 May 2021. We provide an overview of several key proposed policy measures that may be relevant to you.
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
With many Australian’s turning to growth assets in order to chase better returns than those offered by the banks, this article identifies five ‘secrets’ to share selection for those investors looking to gain exposure into the share market.
We continue to see the divergence in Covid cases between developed and emerging markets as a key issue for markets following a relatively quiet news week in Australia and the US. This could potentially lead to a constrained re-opening, negatively affecting the outlook for global cyclical companies.
The latest insight into COVID and the vaccines and the economy
The latest news and information on the economy and financial markets
According to ASFA, the lump sum savings required at retirement for a comfortable lifestyle is $640,000 for a couple. In this article, we cover building super savings together via spouse contributions.
The JobKeeper Payment program, which began on 1 March 2020, has now ended (on 28 March 2021). In this article, we provide a status update on several of the other COVID-19 economic response measures.
In the finance industry, there can be a considerable amount of jargon. In this article, we help you to understand some of the commonly used jargon in the residential property investing environment.
The latest news and information on the economy and financial markets
This article is a market summary covering the performance and current themes in the traditional asset classes shares, property and bonds.
Here we summarise and highlight the key issues and themes facing the global and Australian economies.
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
This article explains how trusts might benefit the creation and preservation of family wealth
This article focuses on the younger Australians who will inherit wealth via their parents’/grandparents’ super funds and the importance of professional estate planning advice.
The latest news and information on the economy and financial markets
When establishing an insurance policy, it’s important to choose an appropriate ownership structure. In this article, we cover total and permanent disability (TPD) insurance and ownership structures.
The Age Pension remains is a key source of income for many older Australians in retirement. In this article, we discuss the Age Pension and the eligibility tests that need to be met to qualify for it.
The latest news and information on the economy and financial markets
The contributions caps limit the amount that can be contributed to super. In this article, we provide details on the future indexation of the contributions caps (concessional and non-concessional).
Here is a Market 2021 market summary of traditional asset classes shares, property and bonds
The latest news on the Australian and Global economies
The latest news and information on the economy and financial markets
The Global Retirement Index assesses and compares the level of retirement wellbeing and security in different countries around the world. In this article, we explore how Australia ranks.
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
Here is a summary of how traditional asset classes of shares, property and bonds have fared so far in 2021.
The latest news on the Australian and Global economies
A number of variables influence the insurance premiums payable on a personal insurance policy. In this article, we cover one such variable, insurance premium style and the options available.
The income you receive will often be assessable for income tax purposes. However, there will also be instances where the tax payable may be reduced. In this article, we discuss several tax offsets.
The transfer balance cap limits the amount of super benefits that can be transferred to retirement phase. In this article, we provide information on the future indexation of the transfer balance cap.
The latest news and information on the economy and financial markets
You may have noticed, a down day on Wall St overnight often results in our own stock market in the red the following day. Why is that? This article helps explain the correlation between the US and Australian share markets and how you may better prepare your portfolio during volatility.
This article discusses Australia’s international trade agreements, with a specific focus on China and the recent friction between the two countries. We detail Australia’s reliance on China, the importance of trade as a whole, potential repercussions of a soured trade relationship and whether Australia should be looking to other markets.
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
There are over 100 lenders in Australia offering a combined total of nearly 4,000 different home loan products. In this article, we provide a general overview of home loan refinancing (or switching).
Diversification is a key risk management strategy used when constructing an appropriate investment portfolio. In this article, we provide information on investment portfolios and concentration risk.
The making of a resolution can often be sparked post-reflection by our need or want to seek positive change in an area of our life. In this article, we discuss personal finance-related resolutions.
The latest news and information on the economy and financial markets
The US election has come and gone (almost) and markets have reacted positively to the likelihood of a Democrat President and a Republican Senate. Overall, we see some positive signs which are generally supportive of risk assets. Risks remain, notably the rising numbers of Covid-19 numbers in Europe, the US and more recently Sydney’s Northern Beaches.
The latest news and information on the economy and financial markets
With the year coming to an end, it’s time to kick-start your personal finances for the year ahead. In this article, we provide you with a financial checklist to help you take stock of your personal circumstances.
The latest news and information on the economy and financial markets
Many, but not all, pursuits and pastimes are often accepted at standard rates in a formal insurance application. In this article, we provide information on these and other pursuits and pastimes.
The Parliament recently debated many important pieces of proposed legislation. In this article, we provide a summary of the main aspects of these now legislated taxation and social security Bills.
Australia’s retirement income system consists of a three-pillar approach. In this article, we highlight the key findings from the Government’s recently released Retirement Income Review final report.
The latest news and information on the economy and financial markets
Making your home more energy efficient is a good way to save on bills and reduce environmental impact. Read more about what you can do here.
An emerging preference over the last few years has been the desire by some investors to align their investment values with their personal values. In this article, we highlight some of the finer details relating to Environmental, Social and Governance (ESG) investing.
Whether you are a wealth accumulator or retiree, determining an appropriate investment risk profile is important. In this article, we discuss the process behind this in further detail.
Your money personality reflects your traits and attitude when making financial decisions. Understanding your decision-making preferences, and gaining an understanding of others, is at the heart of Money Personality
The latest news and information on the economy and financial markets
This article discusses the importance of having clear conversations about money in relationships. It uses a story to paint a scenario of two people with two entirely different money management styles. The article outlines four important points that should be addressed to help manage money issues early in relationships.
In this article, we look at what constitutes good debt and bad debt, whether to borrow and ways of managing debt.
The latest news and information on the economy and financial markets
This article explains how different social media accounts are dealt with after the owner’s death. It encourages making your wishes known now to help family members in the future.
The latest news and information on the economy and financial markets
A home loan will most likely be the largest, and most time/cashflow-consuming, debt that you’ll pay off in your lifetime. In this article, we provide information on home loan repayment considerations.
Super benefits may comprise of two components: a tax-free and taxable (taxed element) component. In this article, we discuss a re-contribution strategy—one way to increase the tax-free component.
In the 2020-21 Federal Budget, proposed changes to individual taxation were announced. In this article, we provide an overview of these now legislated changes and what they may mean for you.
The concept of retirement has changed dramatically over the generations but there remains one constant for most of us planning the end of our working life – to be able to do what we want when we want. No more alarm clocks, no more commuting and no more demanding bosses!
A look at the possible economic and market implications of the Biden Harris victory in the 2020 US Presidential Elections.
A summary of the RBA's November 2020 record low-interest rate cuts and quantitative easing and what this means for Australia's short to mid-term economic future.
The latest news and information on the economy and financial markets
The latest news and information on the economy and financial markets
Millennials are setting a trend when it comes to having more say on what their super funds are investing in. This article explains what ethical investing is and how to take more control over how your super is invested.
The latest news and information on the economy and financial markets
In 2016, roughly 8.4 million (62%) of Australia’s 13.6 million home-owners did some kind of home improvement. In this article, we provide information on home improvements and overcapitalisation.
As at 30 June 2019, there were 900 different medicines in 5,455 brands listed on the Pharmaceutical Benefits Scheme (PBS). In this article, we discuss the PBS, as well as the Pharmaceutical Allowance.
A power of attorney is a legal document that gives someone the authority to manage your affairs on your behalf. In this article, we provide an overview of the different types of powers of attorney.
The latest news and information on the economy and financial markets
This article discusses the effect of young people staying home longer on parents’ financial planning. It encourages those who are in this position to reflect on their plans.
The latest news and information on the economy and financial markets
Treasurer Josh Frydenberg delivered the 2020-21 Federal Budget on 6 October 2020. We provide you with an overview of the main proposed measures that may be relevant to you and your personal finances.
This article provides some basic guidelines on monitoring spending and reducing unnecessary expenditure.
The latest news and information on the economy and financial markets
This is a very important article that explains the cardiovascular diseases – heart attack, angina and stroke. It may help to save somebody’s life.
A summary of the key points of the Federal Budget 2020
The latest news and information on the economy and financial markets
Divorce, in most cases, is a stressful experience affecting finances, living arrangements, household jobs, schedules and children. It may also involve issues of spouse and child support, distribution of property and division of debt. This article provides a financial guide in this situation.
Positioning your portfolio when markets are on the rise is easy, right? Simply load up on growth assets and enjoy the ride? We all know investing isn't that easy. This article identifies a number of key strategies that investors should consider when markets are at their most volatile.
The latest news and information on the economy and financial markets
It has been an interesting month in markets. The S&P 500 Index reached 12-month highs with financial markets brushing off March's COVID-19 panic. There have been many discussions about how only a handful of stocks have driven the sharp rebound. While the current market dynamics are different to that experienced during the tech bubble, there rings a similar theme.
This article is for anyone who sits too much – and that's nearly everyone, especially in our current environment! It discusses the consequences of a sedentary lifestyle while offering suggestions for fitting more incidental movement into each day.
The pressure that can come with making a financial decision can lead to no decision being made and no action being taken. In this article, we discuss financial rules of thumb (decision shortcuts).
A transition to retirement income stream (TRIS), among other things, may help you ease into retirement—reduce your work hours, while maintaining your income level. In this article, we cover TRIS.
The latest news and information on the economy and financial markets
We all have a vision of our perfect retirement - whether it involves travelling, playing golf every day or spending more time with family and friends. But how much do you need to accumulate to pay for your golden years? We investigate what an average retirement income looks like and how much you might need to save to live your dream retirement.
The latest news and information on the economy and financial markets
An interesting guide for helping to minimise investment risk. It provides 9 points to help investors understand risk/return.
A great article reminding us of how happiness affects our health. It comes with a joke to make us smile and remind us how good it is to laugh
Falling in love is a wondrous experience, but once the heart flutters have settled a little and two people move towards a more serious relationship, various challenges may need to be addressed. This article identifies some of the financial issues that you may need to consider when starting a new relationship later in life.
After two consecutive quarters of negative growth this year, the Australian economy is officially in recession, after almost 30 years. This year’s April-June quarter GDP fell by 7% following the 0.3% fall in the January-March quarter. This is the biggest recorded fall in Australian history.
Investing in different asset classes such as equities, commodities, and fixed- income assets is a great way to accumulate wealth, but it is important to have a sound investment strategy in place. This article covers five warning signs that you may be gambling instead of investing.
This article describes options for building wealth before retirement, particularly in this volatile economic environment. It starts with the relatively safer but low yielding options then explains three alternatives which may offer potentially higher returns.
The latest news and information on the economy and financial markets
Unfortunately, in the current climate, many Australians are experiencing a loss of income and subsequent stress when it comes to covering household expenses. In this article, we provide five tips to help manage your finances if your income has fallen.
The latest news and information on the economy and financial markets
There continues to be a question as to whether markets are reflecting economic reality as they continue their upward trajectory.
Neobanks are becoming increasingly popular in Australia as people look for different avenues to manage their money. The recent banking royal commission has also seen people look for solutions outside the big banks for financial products. In this article, we're looking at how neobanks have become popular and what difference they offer customers.
Many of us have had to change our work and lifestyle habits lately, with video calling taking the place of face to face meetings. While there have been advantages and disadvantages to this sudden trend, will the convenience of not having to leave the house for appointments mean face to face meetings will start to disappear?
The latest news and information on the economy and financial markets.
According to ATO data, for the 2017-18 financial year, 8,950,205 individuals claimed $2,424 on average in work-related expenses. In this article, we discuss work-related home office expenses.
The receipt and review of your annual super statement can assist you to stay actively engaged with, and well-informed on, your super. In this article, we provide a review checklist to help with this.
The Treasurer delivered a ‘mini-budget’ on 23 July 2020—an economic and fiscal update. In this article, we provide a summary of the update, inclusive of the main personal finance-related points.
The latest news and information on the economy and financial markets.
How does a self funded investor generate sufficient income to meet lifestyle expenses amongst the extraordinary environment of the lowest interest rates on record amidst extreme volatility.
The latest news and information on the economy and financial markets.
The latest views on the key investment markets and the global economy.
The Government is extending the JobKeeper Payment by a further six months to March 2021. Support will be targeted to businesses and not-for-profits that continue to be significantly impacted by the Coronavirus. The payment rate will be reduced and a lower payment rate will be introduced for those who work fewer hours. Other eligibility rules remain unchanged.
The latest news and information on the economy and financial markets.
The latest news and information on the economy and financial markets.
In this article, we update SMSF trustees on recent legislative events and how these changes may impact you and your fund in the future
The construction industry (among others) has been adversely impacted by COVID-19. In this article, we provide information on the Government’s recently announced HomeBuilder grant program.
There can be many benefits to holding life insurance. In this article, we discuss several supplementary provisions held within some life insurance policies that have a focus on enhanced coverage.
In this article, we provide information on recent changes in thresholds, rates and legislation.
The latest news and information on the economy and financial markets.
From 1 July 2019, new legislation provides an opportunity for recently retired individuals to contribute to super without needing to meet the work test. In this article, we will review the work test requirements and the work test exemption.
Here we summarise the key announcements and important changes to the economy that has occurred over the previous three months. This article is dominated by the fallout from COVID-19 and investment markets.
The latest news and information on the economy and financial markets.
When the media reports on massive share markets drop, many people wonder where all the money goes. This short article explains the difference between a paper loss and a real loss.
Here’s the latest outlook for Australian equities from Pendal’s head of equities Crispin Murray (Pictured here).
The latest news and information on the economy and financial markets.
The latest news and information on the economy and financial markets.
The latest news and information on the economy and financial markets.
One of the most important things we can do prior to our passing is to ensure we have a valid will in place. In this article, we provide an overview of various intestacy rules that exist in Australia.
Life events can disrupt context cues and create opportunities to make decisions and implement new intentions and goals. In this article, we discuss financial needs and wants in a post-COVID world.
When looking at long-term data, the workforce participation rate of those aged 65 and over has steadily risen over the years. In this article, we discuss working during retirement and the Work Bonus.
Unfortunately, many Australians lose their jobs every day and it can be a stressful period when it comes to covering household expenses. In this article, we provide some tips to help manage your finances if you have lost your job or your income has fallen.
Markets didn’t blink in May continuing their upward trajectory buoyed by accommodative policy settings for risk assets. Many investors have been left scratching their heads given the poor economic outlook and increased geopolitical tensions, coupled with civil unrest in the US.
In this article, we will delve into in-specie contributions and how to get them done before 30-June.
The latest news and information on the economy and financial markets.
In this article, we provide answers to key questions surrounding the Federal Government’s $688 million housing stimulus package known as the HomeBuilder scheme.
The latest news and information on the economy and financial markets.
The latest news and information on key Australian companies and the broader Australian share market
Here we provide an overview of how to build tax-effective wealth through your end of financial year superannuation contributions
Here we provide an overview of how to supercharge your wealth tax-effectively through the end of financial year non-deductable superannuation contributions
Estate planning is as much about taking care of your surviving loved ones as it is about ensuring that your final wishes are carried out properly. Here are 7 key questions you can ask yourself when planning for the unexpected, as well as actions to take some of the burdens off your loved ones.
The latest news and information on key Australian companies and the broader Australian share market
With the end of financial year on the horizon, it’s important to review areas of our personal finances, and take action if required, before 30 June. In this article, we discuss EOFY planning tips.
In two recent articles, we provided overviews of the Government’s economic response to the COVID-19 pandemic. In this article, we provide an updated overview of the now legislated JobKeeper Payment.
To access super, a condition of release must be met. In this article, we list these conditions of release, and also provide information on the potential long-term impact of accessing super early.
The current COVID-19 pandemic has provided a stark reminder of the fragility of life. It has also prompted many of us to reflect upon our own mortality. With death being a very difficult subject to talk about, this article provides information around what you should be discussing with your loved ones and how to open a two-way conversation that puts everyone’s mind at rest.
The latest news and information on key Australian companies and the broader Australian share market
The latest news and information on key Australian companies and the broader Australian share market
In this article, we explain the Financial Claims Scheme, which was introduced following the GFC to protect deposit-holders, and what cover it can provide for SMSFs.
In this article, we answer the question if a core and satellite strategy still works for portfolios and why.
The latest news and information on key Australian companies and the broader Australian share market
In this article, we assess the health update, discuss some of the implications on the economy and detail some of the inherent risks.
The latest news and information on key Australian companies and the broader Australian share market
The latest news and information on key Australian companies and the broader Australian share market
When an adverse event does occur, the outcome for those with an appropriate measure in place and those without can be vastly different. In this article, we list various personal finance measures.
Economic and financial issues continue to emerge from the COVID-19 pandemic. In this article, we provide information on the Government’s support of businesses in this difficult time.
Economic and financial issues continue to emerge from the COVID-19 pandemic. In this article, we provide information on the Government’s support for individuals and households in this difficult time.
The latest news and information on key Australian companies and the broader Australian share market
The Government has announced measures to assist Australians, including stood down, unemployed, recently made redundantly, sole traders and employees who have had their hours reduced by 20% and pensioners including eligible concession cardholders.
Government support is designed to help businesses through the period ahead. This significant action has been taken in the national interest and has been updated in the light of the broader and more prolonged impact of the Coronavirus outbreak. The package provides timely support to workers and businesses through a difficult time. Building on the previous measures, this package will support those most severely affected. It is also designed to position the Australian economy to recover strongly once the health challenge has been overcome.
The latest news and information on key Australian companies and the broader Australian share market
Managing sequencing risk during a market correction
The latest news and information on key Australian companies and the broader Australian share market
The latest news and information on key Australian companies and the broader Australian share market
The spread of Covid-19 and subsequent policy responses saw sharp market swings and a spike in volatility in equity markets this week. This has sparked Governments around the world to gear into action, including the Australian government announcing a $17.6 billion stimulus package.
APRA has released several measures that affect income protection insurance. In this article, we provide an overview of these measures, especially in relation to the agreed value benefit type.
The returns of asset classes can alter our chosen asset allocation within an investment portfolio. In this article, we explore the importance of periodically rebalancing an investment portfolio.
Upon commencing a pension, you may have the option to nominate a reversionary beneficiary. In this article, we discuss the facts on this type of superannuation income stream death benefit nomination.
The latest news and information on key Australian companies and the broader Australian share market
At this stage, it is difficult to gauge the exact impact of coronavirus on Chinese and therefore global economic growth. The Australian economy is particularly exposed given it is highly integrated within Asia, largely represented by China.
The latest news and information on key Australian companies and the broader Australian share market
It has been a turbulent start to the year with Australia beginning the recovery process from the tragic bushfires followed by the threat of a global pandemic with cases of the coronavirus increasing across the globe. Despite these events,markets did not flinch in January, with equity markets generating strong returns for the month as liquidity conditions continue to be supportive of markets. Source LUKASZ DE POURBAIX (Lonsec February 2020)
The latest news and information on key Australian companies and the broader Australian share market
Your investment strategy is no longer just a compliance document, but instead should be used as a roadmap for how your fund will meet the needs of all members. This week the ATO released extensive guidelines on SMSF investment strategies and it is a must-read for every trustee.
The latest news and information on key Australian companies and the broader Australian share market
Older Australians are increasingly choosing to remain living in their own homes for as long as possible. In this article, we provide a summary of the aged care and informal care space.
The purchase of a consumer good or service can prompt the purchase of another consumer good or service, and so on. In this article, we explore household consumption and the Diderot Effect.
A limit applies to the amount of super benefits you can transfer from accumulation phase to retirement phase to support an account-based pension. In this article, we discuss the transfer balance cap.
The latest news and information on key Australian companies and the broader Australian share market
The latest news and information on key Australian companies and the broader Australian share market
The combination of monetary policy easing over the year and the recent de-escalation in the US-China trade war has raised hopes that things will begin to improve in 2020. With a hard Brexit looking less likely and signs of an upturn in China, risk assets begin 2020 with positivity, albeit some key fundamentals remain fragile.
The latest news and information on key Australian companies and the broader Australian share market
A resolution is a firm decision to do or not to do something. In this article, we discuss New Year’s resolutions, and why it can be challenging to keep these resolutions (and resolutions generally).
Change is inevitable. In this article, we cover legislative changes to the Higher Education Loan Program, the Farm Household Allowance, the Paid Parental Leave Scheme, and overseas welfare recipients.
Change is inevitable. In this article, we cover legislative changes to the PBS, redundancy payments, salary sacrificing arrangements, and self-managed super funds (NALI and LRBAs).
The foundation of goals-based investing lies in ensuring that there is alignment between your financial goals and objectives, tolerance for risk and the way your investment portfolio is ultimately invested. We explore this in a little more detail.
The latest news and information on key Australian companies and the broader Australian share market
For many of us, work forms a major part of our daily lives. In this article, we discuss burnout, work/life balance, and the importance of practising self-care over the festive season (and beyond).
Getting ahead financially can involve an analysis of your existing financial situation; seeing if adjustments are required in one or more areas. In this article, we discuss household financial waste.
When transferring wealth before your passing, it’s vital to consider the potential financial impact to you. In this article, we discuss Age Pension entitlements, and the gifting and deprivation rules.
When it comes to ageing and health in retirement, there are often three chapters that people will experience as they move through their retirement years. In this article, we look at this in terms of retirement planning and better informing your expectations of what retirement may entail for you.
The latest news and information on key Australian companies and the broader Australian share market
The latest news and information on key Australian companies and the broader Australian share market
Many Australian economists are now forecasting the RBA cut rates further in early 2020 given unemployment rising to 5.3% and more concerning underemployment to 8.5%. Meanwhile, no trade deal between the US and China remains, which is beginning to impact the Chinese economy with exports continuing to fall.
The month of October saw the Australian sharemarket finishing slightly weaker, conversely the Global market marginally higher. Fixed interest was mixed, while the AUD-USD finished higher and our largest export, Iron Ore, down significantly.
The latest news and information on key Australian companies and the broader Australian share market
Estate planning is about planning who gets what assets, at what time and in what manner upon your passing. In this article, we provide the answers to our recent estate planning crossword.
There continues to be a rise in the uptake by consumers of ‘buy now, receive now, pay later’ services offered by providers (e.g. Afterpay). In this article, we unpack the review of these services.
When investing for the future, it’s important to understand the different types of asset classes (i.e. cash, fixed interest, property and shares). In this article, we explore asset classes further.
In retirement, you may find your retirement lifestyle being funded by a variety of different sources. In this article, we provide an overview of Australia’s three-pillar retirement income system.
The latest news and information on key Australian companies and the broader Australian share market
Traditional Fiscal and Monetary stimulus have been largely benign. Unconventional methods are now seriously being considered. By David Simon and Rod Myer Published in the Australian Jewish News and Times of Israel
The latest news and information on key Australian companies and the broader Australian share market
The latest news and information on key Australian companies and the broader Australian share market
The latest news and information on key Australian companies and the broader Australian share market
Sharemarkets around the world, including Australia, had a mostly positive September following a largely negative August. Source: Lonsec Research
The global economy, excluding the US, continued to suffer stubborn growth and lacklustre inflation. Australia included. Source: Lonsec Research
The global economy, excluding the US, seemingly continues to suffer stubborn growth and lacklustre inflation. Australia included.
Estate planning is about planning who gets what assets, at what time and in what manner upon your passing. In this crossword, we cover the different components relating to the planning of your estate.
A bill, which builds upon the previously passed ‘Protecting Your Super Package’, recently passed through parliament. In this article, we explore the combined impact of these pieces of legislation.
As you make your way through your retirement years, you may start to find that your expenditure on healthcare increases. In this article, we take a closer look at the Commonwealth Seniors Health Card.
Did you know that several wealth accumulation strategies can be impacted by your total super balance (TSB)? In this article, we discuss your TSB and these wealth accumulation strategies in detail.
The latest news and information on key Australian companies and the broader Australian share market
The latest news and information on key Australian companies and the broader Australian share market
The latest news and information on key Australian companies and the broader Australian share market
The latest news and information on key Australian companies and the broader Australian share market
The latest news and information on key Australian companies and the broader Australian share market
An important relationship exists between monetary policy, cash rates and interest rates. In this article, we take a look at what this relationship means for borrowers, savers and investors (retirees).
‘It’ll be right’ or ‘bulletproof’ is a health mindset held by some of us. In this article, we unpack key findings into the prevalence, incidence, risk and cost burden of ill health in Australia.
An account based income stream, can be one of the most tax effective ways to fund your retirement lifestyle. In this article, we discuss the top 10 facts about account based income streams.
The latest news and information on key Australian companies and the broader Australian share market
When devising a retirement plan, there are several different strategies that a financial advisor can employ to make sure that you have enough to meet your retirement lifestyle needs. In this article we’ll focus on one such strategy – the ‘bucket’ approach - given the purpose of mitigating a low-interest-rate environment.
The latest news and information on key Australian companies and the broader Australian share market
The latest news and information on key Australian companies and the broader Australian share market
Retirement income can often come from several sources. In this article, given the low interest rate environment, we discuss retirement in general, and also changes to the Age Pension deeming rates.
With a recently legislated Bill, many of us may have seen or are expecting to see a larger tax refund or smaller debt regarding our 2018-19 tax return. In this article, we explore LMITO, and tax refunds.
As a super fund member, you will be receiving your annual super statement soon. In this article, we provide you with a helpful checklist for reviewing this important document.
Data captured from a survey of 95 countries calculated the average cash rate at around 6%, including Switzerland, with the lowest at -0.75% and Argentina the highest at 58%. Australia has an equal 12th lowest rate at 1% shared with New Zealand and Albania. While the intended economic benefit of low rates has yet to be realised, the reality of going negative is becoming increasingly more likely.
The month of July was in some ways a month of reckoning. The Reserve Bank of Australia cut the official cash rate to 1.00%, the lowest ever recorded. The RBA explained their decision by declaring the necessity to improve confidence and enable consumption. The US Fed Reserve cut rates to 2.25%, Germany went negative with their interest rates and China suffered their slowest GDP growth in almost 30 years.
The latest news and information on key Australian companies and the broader Australian share market
The latest news and information on key Australian companies and the broader Australian share market
The latest news and information on key Australian companies and the broader Australian share market
Australians tend to spend more on and around their payday (regular income payments), relative to their average level of daily spending. In this article, we explore consumer payments behaviour.
Are you looking for a broad overview of the existing self-managed super fund (SMSF) sector? In this article, we provide you with SMSF insights to help you get up to speed.
When it ticks over to a new financial year, often existing rates and thresholds increase, and new legislative instruments take effect. In this article, we discuss the state of play from 1 July 2019.
The latest news and information on key Australian companies and the broader Australian share market
The latest news and information on key Australian companies and the broader Australian share market
The latest news and information on key Australian companies and the broader Australian share market
Several changes are coming to superannuation, and action may be required on your part prior to 1 July 2019. In this article, we discuss the recently legislated Protecting Your Superannuation Package.
Retirement is a time to relax and enjoy the fruits of your labours; but, can relaxing too much be a bad thing? In this article, we explore the physical activity and dietary guidelines for retirees.
Following the federal election results, the Coalition has been re-elected. In this article, we provide a brief overview of one of their new proposed measures, the First Home Loan Deposit Scheme.
The latest news and information on key Australian companies and the broader Australian share market
At the beginning of May, the RBA slashed near term Australian economic growth, unemployment, and inflation forecasts. With that, the market had 100% priced for a 25bps cut to 1.25% in June. The market proved to be correct at 2.30pm this afternoon.
The latest news and information on key Australian companies and the broader Australian share market
The latest news and information on key Australian companies and the broader Australian share market
The Federal election result has come as a surprise. Almost without exception, every company we speak to was expecting a Labor win. We explore what this may mean for our local market.
Many Bills managed to become Acts before the dissolution of parliament. In this article, we look at several of these pertaining to social security, superannuation and taxation.
Many Bills lapsed following the dissolution of parliament ahead of the federal election. In this article, we look at several of these pertaining to employment, social security and superannuation.
As we approach the end of financial year (EOFY), this can be an opportune time to do some fine-tuning in areas of your personal finances. In this article, we provide EOFY planning tips.
Both equities and bonds have continued to do well this year. Although U.S. - China trade tensions have weighed on equities in recent days which is a major risk and hard to call as the impact could be significant. At home, the business cycle has weakened as such the Reserve Bank is likely to respond with at least one interest-rate cut in the short term. Source: Morningstar
The latest news and information on key Australian companies and the broader Australian share market
The Reserve Bank of Australia has left the official interest rates unchanged at 1.5 per cent, extending the record run of inactivity on rates and resisting the pressure for a pre-election cut. Source: Morningstar
The latest news and information on key Australian companies and the broader Australian share market
Weaker than expected inflation for the first quarter of 2019 has boosted expectations the RBA will cut the cash rate when it meets next month. Source: Morningstar Australia
The latest news and information on key Australian companies and the broader Australian share market
A needs analysis can be an important initial step in the establishment of an appropriate personal insurance plan. In this article, we explore needs analysis and linked personal insurance policies.
The FIRE (Financial Independence, Retire Early) movement is a rather controversial social lifestyle movement that’s gaining some traction. In this article, we provide insight into this movement.
The latest news and information on key Australian companies and the broader Australian share market
Treasurer Josh Frydenberg delivered the 2019-20 Federal Budget on 2 April 2019. We provide you with a summary of the main proposed measures that may be relevant to you and your personal finances.
On 2 April 2019, the Government handed down the 2019-20 Federal Budget. The focus of the 2019-20 Budget is a plan for a stronger economy and securing a better future. In last year’s Budget, the Government commented that just as most households had to tighten their budgets over recent years, the Government was committed to doing the same. With the Budget returning to a surplus position much sooner than anticipated, the Government is now seeking to give back to Australians.
As the US-China trade war continues, we take a look at the triggers for the tensions, what happens after the 'extended' ceasefire and the implications for Australia’s economy.
The latest news and information on key Australian companies and the broader Australian share market
The latest news and information on key Australian companies and the broader Australian share market
The latest news and information on key Australian companies and the broader Australian share market
Proper, ongoing management accounting is crucial for running a successful, long-term business. This is the same for your personal accounting. In this article, we explore personal financial statements.
Whether you are a wealth accumulator or retiree, determining an appropriate investment risk profile is important. In this article, we discuss the process behind this in further detail.
Insurance premiums can vary considerably from one person to the next due to the diverse range of variables at play. In this article, we explore several of these variables via a case study.
The latest news and information on key Australian companies and the broader Australian share market
Central banks around the world are recalibrating investor expectations of future monetary policy moves. Weak domestic economic data has reinforced the belief that the next move by the Reserve Bank (RBA) may be to cut official interest rates. In the US, the Fed has continued recent guidance that the prospect of further rate hikes through 2019 should be tempered.
Positive momentum in equities continued in February as investors gained further confidence that the US/China tariff issues would not deteriorate to a worst case scenario and Chinese growth prospects also improved. Expectations the RBA’s next move may be a rate cut saw Australian bond yields fall and may have provided an extra lift to Australian equities which outperformed their international counterparts by a significant amount.
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
Being more energy-savvy in your home is not only good for the environment, but also for your hip pocket over the long-term. In this article, we provide a list of ways to become more energy-savvy.
The saying ‘asset-rich, but income-poor’ can be an accurate description of the financial situation of some retirees. In this article, we look at the Government’s Pension Loans Scheme.
The latest news and information on key Australian companies and the broader Australian sharemarket with a focus on January 2019.
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
A mindful money practice requires you to pay full attention to your money on a moment-by-moment basis. In this article, we explore the benefits of practising this approach in your daily life.
Several proposals regarding small and medium businesses, primary producers and farmers, consumers, aged care and education have recently been legislated. In this article, we unpack these for you.
With 2019 here, it’s time to kick-start your personal finances for the year ahead. In this article, we provide you with a financial checklist to help you take stock of your personal circumstances.
Sharemarkets across the globe have continued to be battered by two big fears for 2019: the potential damage from a U.S.-China trade war and the prospect of a U.S. economic slowdown. There has also been a slew of other worries, including slower eurozone growth and Brexit.Looking ahead, while all the recent focus has been on downside risks, the long post-GFC economic recovery is still intact.
The latest news and information on key Australian companies and the broader Australian sharemarket
Take control of your future by setting some financial goals this year. Here are our top tips to help make 2019 your best year yet.
One of the world’s most successful and well-known investors, Warren Buffet, famous quotes "Someone's sitting in the shade today because someone planted a tree a long time ago" shares much with an investor’s timeframe. Like a growing tree weathering a storm, it can be difficult for investors to remain strong during turbulent times, but it's important to maintain a balanced perspective. Perhaps these reminders may help.
The latest news and information on key Australian companies and the broader Australian sharemarket
How you decide to spend your time can affect your ability to achieve your goals and objectives. In this article, we explore the importance of reflection on your current time management.
Financial literacy is an important life skill. In this article, we provide you with a simple exercise that you may find helpful in terms of getting the ball rolling with your children.
The festive season spirit is centred on giving (not receiving), whether material or immaterial. In this article, we list ways to help you (and your children) embrace the spirit of the festive season.
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
Global employment is on the up but trade risks, Brexit uncertainty and concern over Italy’s fiscal position have all affected financial markets over the last month. Get up to date on US, Asia and the Australian economy. Here is a snapshot of the major global economic headlines.
The latest news and information on key Australian companies and the broader Australian sharemarket
Well we have attempted to find out! Did you know that an estimated 50 million apartments remain unoccupied across China's empty, have applied for more than twice the patents as the US and is the world's largest producer of renewable energy? Neither did we! Read on for an interesting insight to what is the paradox of China.
For some of us, there will come a time when we part ways with our spouse for one reason or another. In this article, we look at several findings regarding the financial impact of divorce.
The finance section of the news, share market summaries and investor reports can often involve the use of technical words. In this article, we help you to understand share investing jargon.
Taking a proactive approach to retirement planning earlier means you can benefit from the power of compounding and give yourself flexibility along the way. In this article, we explore this further.
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
Well ultimately your guess would probably be as good as mine. Indeed, we don’t have the luxury as Biff had in Back to the Future Part II when his Almanac assured him the ability to perfectly predict. We can however hypothesize, which is effectively an educated guess. Whilst I don’t consider myself an expert on property nor am I a licensed real estate agent, I will discuss the economic, legislative and political backdrop and how this may impact property markets which I am sure you will find interesting.
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
Aged care can be a tough subject for many families to broach, but as we enjoy longer lives, there’s a growing likelihood that at least part of our final years will be spent in formal care.
The latest news and information on key Australian companies and the broader Australian sharemarket
You wouldn’t hand over your money to just anyone. Of course not! The truth is though, sometimes scammers can seem legit and know just what to say and show you to break down your barriers. Better technology means they are getting better at it and the Australians who lost a combined $23.6 million to investment scams in 2016 would testify to it.
The latest news and information on key Australian companies and the broader Australian sharemarket
The First Home Owner Grant (FHOG) scheme is a one-off grant payable to first home owners that satisfy all the eligibility criteria. In this article, we delve into the details for each state/territory.
The financial lifecycle provides a simplistic framework upon which to understand the path people travel during their lives. In this article, we unpack what this means for you.
The Household, Income and Labour Dynamics in Australia (HILDA) Survey collects information on many aspects of life. We explore the financial literacy quiz contained within the 2018 HILDA Survey.
Did you know 83% of Australians say they have insurance for their car yet only 31% insure their income? In this article we explore the relative misunderstanding of the importance of personal insurance and the risk underinsurance creates for Australians.
The world economy is still growing, which is a generally positive background for risk assets, but investment outcomes have become overdependent on ongoing gains from U.S. equities. The most likely outlook is ongoing global expansion, though trade wars, monetary policy mistakes, problems in some emerging markets, and geopolitical shocks are all real risks to monitor. Bond yields in the U.S. have headed higher and have contributed to weak performance by global fixed interest and by global income-oriented assets like property and infrastructure; Australasian property markets, however, have been performing rather better. In the Australian economy, it looks as if the pace of business activity may be moving into a slightly higher gear, although the ongoing drag of the financials sector remains a concern for equity performance. Source: Morningstar
The latest news and information on key Australian companies and the broader Australian sharemarket
By introducing tariffs on China, he’s trying to save Americans jobs by taxing cheap imports. But the resulting trade conflict could negatively affect America’s economy, AND the people Trump says he’s protecting.
There are many subtle rules that we live our lives by. In this article, we discuss the 50/30/20 budgeting rule, a rough guide of how much money should be allocated towards needs, wants and savings.
When it comes to sources of income in retirement, superannuation plays a major role. However, for some women, it can be challenging to build up this retirement nest egg; we take a closer look.
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
Most of us daydream about the day we finally finish work and retire. Whether you dream of cruising around the world, campervanning around Australia, or just pottering about in the garden and improving your golf skills, the magic question is: how much do you need to make your retirement dreams a reality?
The latest news and information on key Australian companies and the broader Australian sharemarket
“The most important investment you can make is in yourself.” (Warren Buffett). In this article, we explore this quote within the context of helpful spending suggestions for making the most of your tax refund this year; however, it also has broader application regarding how you may wish to approach life in general.
Super will be one of the biggest financial assets that you will ever own in your lifetime. Despite this, some of us find it difficult to actively engage with our super – often only doing so upon receipt of our annual super statement. As such, in this article, we discuss super engagement in greater detail.
Each year, the ATO releases guidance on what they will be closely monitoring when tax returns are lodged. Claiming deductions for work-related self-education expenses is a regular area of focus for the ATO – this year is no exception. As such, we discuss the ins and outs of this type of work-related expense.
The latest news and information on key Australian companies and the broader Australian sharemarket
Economic data reinforced existing monetary policy expectations. Continued robust activity and employment data in the US bolstered the case for continued, albeit measured, fed funds increases while subdued inflation in Australia and Europe underlined that rates are likely to remain on hold in these regions.
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
In our daily lives, we are constantly confronted with consumer-based distractions of a predominantly ‘want purchase’ nature. As a result, staying on the path towards the achievement of your financial goals and objectives can sometimes prove difficult. In this article, we discuss this further.
When it comes to ageing and health in retirement, there are often three chapters that people will experience as they move through their retirement years. In this article, we look at this in terms of retirement planning and better informing your expectations of what retirement may entail for you.
We are now into the 2018-19 financial year; there are several finalised (as well as pending) legislative updates that are due to take effect either from 1 July or later in the year. In this article, we briefly touch on the top 10 that may be relevant to your financial situation, goals and objectives.
The world economic expansion is still trucking along, although it has become a bit more dependent than previously on the U.S. economy, and should support some further equity gains, although against a background of rising political risks—especially the risk of trade wars. Fixed interest and other income-oriented asset classes continue to be challenged by the prospect of rising inflation and tighter monetary policy. In Australia, there have been some promising signs that the pace of business activity is picking up, although the benefits for growth assets are being held back by the ongoing weakness of the financial stocks.
The latest news and information on key Australian companies and the broader Australian sharemarket
The list, featured in Fridays (15/06/2018) The Australian newspaper in conjunction with the US investment publication Barron’s, ranked David Simon as the 11th placed financial adviser in Australia.
The latest news and information on key Australian companies and the broader Australian sharemarket
Developments in the global economy and financial markets for the month of May, 2018.
When it comes to saving habits, there are often three camps, regular savers, irregular savers and non-savers. Invariably, there is a relationship between saving motives and saving habits; however, external factors can sometimes be a disruptive force.
Insurance, in general, can sometimes be seen as a ‘grudge purchase’ as there can be a perception of little tangible value (until claim time). In this article, we explore the risk probability/impact matrix to highlight the value of personal insurances when it comes to managing certain lifetime risks.
For many of us, retirement age (and how we intend to fund our retirement lifestyle) is often guided by the rules relating to the accessibility of certain sources of income, for example, superannuation and the Age Pension. In this article, we discuss these rules in further detail.
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
From 2 July 2018, the Child Care Benefit and Child Care Rebate will be replaced with a new financial assistance payment for eligible families, the Child Care Subsidy. In this article, we explore the Child Care Subsidy in more detail regarding eligibility, payments and transitioning/claiming.
When managing your personal finances as a couple, it’s important to recognise and address any differences you may have regarding your beliefs on money and your money personality. We discuss ways to help you in this space through the fostering of communication, mutual understanding and teamwork.
The end of the financial year is nearly upon us. Where has the year gone? In this article, we discuss several end of financial year planning tips that you may wish to consider prior to 30 June – they may help in terms of minimising your tax liabilities and making the most of the money you earn.
The latest news and information on key Australian companies and the broader Australian sharemarket
Treasurer Scott Morrison delivered the 2018-19 Federal Budget on 8 May 2018. We provide you with a summary of the main proposed measures that may be relevant to you and your personal finances.
Changes in personal income tax include - Increase of top 32.5% (current $87,000) to $90,000, Increase the Medicare Levy low-income threshold for singles, families and single seniors, Retaining the Medicare levy rate at 2.0% (previously due to rise to 2.5% in FY2019) and Seven year tax plan including the eventual removal of 37% tax bracket
Scott Morrison’s third budget has been framed around personal and corporate tax cuts ahead of a likely election at the start of 2019. Unlike most election budgets, spending has been relatively restrained especially given the higher than expected revenue flowing into the Government’s coffers. This Budget allows the Government to maintain its economic credentials by moving to a surplus earlier than previously promised, while still offering tax cuts, albeit largely in the distant future
Better integrity over deductions for personal contributions Funding will be provided to the ATO to improve the integrity of the ‘notice of intent’ (NOI) processes for claiming personal superannuation contribution tax deductions. Currently, some individuals are claiming the deduction without submitting the NOI. As a result, no tax is paid on the contribution amount. This measure will commence from 1 July 2018. Increasing the maximum number of allowable members in self-managed superannuation funds and small APRA funds from four to six The maximum number of members permitted in new and existing self-managed superannuation funds and small APRA funds will be increased from four to six. This measure will commence from 1 July 2019. Preventing inadvertent concessional cap breaches by certain employees Individuals whose income exceeds $263,157 and have multiple employers will be able to nominate that their wages from certain employers are not subject to the superannuation guarantee (SG) from 1 July 2018. The measure will allow eligible individuals to avoid unintentionally breaching the $25,000 annual concessional contributions cap as a result of multiple compulsory SG contributions. This measure will commence from 1 July 2018. Three-yearly audit cycle for some self-managed superannuation funds Self-managed superannuation funds with a history of good record-keeping and compliance will be subject to a three-yearly audit requirement rather than an annual audit requirement. This measure will start on 1 July 2019. More Choices for a Longer Life — comprehensive income products in retirement The superannuation law will be amended to introduce a retirement covenant that will require superannuation trustees to formulate a retirement income strategy for superannuation fund members. The Government will also amend the Corporations Act 2001 to introduce a requirement for providers of retirement income products to report simplified, standardised metrics in product disclosure to assist customer decision making. Treasury portfolio legislation There will be technical amendments to the transition to retirement income stream rules relating to the death of a member and addressing double taxation in respect of deferred annuities purchased by a superannuation fund or retirement savings account. More Choices for a Longer Life — work test exemption for recent retirees The Government will introduce an exemption from the work test for voluntary contributions to superannuation, for people aged 65-74 with superannuation balances below $300,000, in the first year that they do not meet the work test requirements. This measure will take effect from 1 July 2019.
Scott Morrison’s third budget has been framed around personal and corporate tax cuts ahead of a likely election at the start of 2019. Unlike most election budgets, spending has been relatively restrained especially given the higher than expected revenue flowing into the Government’s coffers. This Budget allows the Government to maintain its economic credentials by moving to a surplus earlier than previously promised, while still offering tax cuts, albeit largely in the distant future
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
In the 2017 Federal Budget, the Government announced a proposal which is designed to encourage older Australians to free up housing stock and access equity in their home for their needs. The legislation for this proposal was introduced into Parliament on 7 September 2017 and is now law. These new measures allow a person aged 65 or older to make superannuation contributions (downsizer contributions) of up to $300,000 from the sale of an ownership interest in an Australian home where the sale contract is entered into on or after 1 July 2018.
The latest news and information on key Australian companies and the broader Australian sharemarket
With the end of the financial year fast approaching, it is time to start thinking about income tax deductions.
Have you ever compared your shopping list to the items listed on your receipt when you get home? Very rarely are they the same. Part of the reason for this is the fact that supermarkets are often specifically designed to influence your buying. We take a closer look at this – some of the tactics may surprise you.
An emerging preference over the last few years has been the desire by some investors to align their investment values with their personal values. In this article, we highlight some of the finer details relating to Environmental, Social and Governance (ESG) investing.
The latest news and information on key Australian companies and the broader Australian sharemarket
Here are our tips on protecting yourself from online scams and reducing your cyber risk. We also explain what you can do if you have been the victim of a scam online.
The latest news and information on key Australian companies and the broader Australian sharemarket
In Australia, the economy appears to be picking up a head of steam, but it is not obvious that growth will be fast enough to deliver a strong boost to corporate profits.
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
When it comes to recommending which insurer (and their offering) may be appropriate for you and managing expectations around potential outcomes of a formal insurance application, often an important step in the process can be the completion of a pre-assessment. In this article, we explain what one is.
Whether you are a business owner, manager or employee, you may find this article interesting. We discuss the benefits of businesses implementing workplace health and wellness programs. Put simply, research indicates that, healthy workers = healthy organisations = healthy business performance and productivity.
Residential investment properties are assets purchased to achieve an investment objective, and their acquisition is based on financial benefit. Income-generation is an important part of the rate of return equation. As such, we explore some considerations regarding attraction and retention of tenants.
The latest news and information on key Australian companies and the broader Australian sharemarket
Parents with adult children still living at home have the best of intentions to help their kids get ahead, but they might be putting their own financial futures at risk. At the time of the 2016 census, almost 400,000 non-dependent children aged 25 to 34 were living at home, an increase of 20 percent from five years earlier.
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
Perspective can be a powerful tool when used appropriately. Have you ever wondered how you compare to the average Australian in terms of financial attitudes and behaviours? We look at several of the findings from ASIC’s latest Australian Financial Attitudes and Behaviour Tracker (Wave 5).
In our daily lives, we are constantly confronted with situations in which we are required, or in some instances encouraged, to make a decision about what we spend our money on. We discuss several of the results from the renowned Marshmallow Experiment and how they may apply to your personal finances.
For some retirees, travel can be a high priority, especially early on in retirement. You may want to capitalise on the time and resources available to you by travelling whilst you are still fit and healthy. Here are some savings tips to help with planning that next trip away (wealth accumulators may find it helpful too!).
The latest news and information on key Australian companies and the broader Australian sharemarket
The world economic outlook has continued to brighten, but the consequent strong rises in equity prices look unsustainably rapid, particularly for emerging-markets shares, and some correction is likely during the coming year. Investors remain underappreciative of true levels of risk. Global interest rates have started to rise, especially in the United States, and both fixed-interest and bondproxy assets like property and infrastructure have been struggling. In Australia, the economic outlook also looks to be turning for the better, but it is not yet clear whether the improvement will be enough to make a big difference to the performance of local asset classes.
The latest news and information on key Australian companies and the broader Australian sharemarket
Investors should consider 2018 investment themes such as global growth and quantitative tightening.
The latest news and information on key Australian companies and the broader Australian sharemarket
Without an appropriate Plan B in place, an unexpected passing, sickness or injury can often have a serious financial impact on your household. Consequently, when considering personal insurances we often think about covering ourselves. In this article, we discuss the Child Trauma Benefit.
The 2017 Budget introduced many proposed measures aimed at addressing the issue of housing affordability and several of these are now law. We will review the new laws and how they relate to a residential property investor, retirees wishing to downsize or a prospective first homebuyer.
By now, you may already have a fair idea as to which New Year resolutions were a little over-ambitious, and those that you may just see through to the end. In this article, we provide you with some helpful tips to succeed this year, as well as a few personal finance-related resolutions also worth considering.
The latest news and information on key Australian companies and the broader Australian sharemarket
Many virtual currencies, such as Bitcoin have emerged over the last 10 years but just how safe are they? We explain how virtual currencies work and the risks you take buying, trading or investing in them (Source: moneysmart.gov.au)
The Parliament has passed the Bill to allow first home buyers to save for a deposit inside super and allow Australians over age 65 to contribute sale proceeds from their home into super.
The latest news and information on key Australian companies and the broader Australian sharemarket
In the age of digital technology and the internet, it’s important to keep your personal information secure and be alert to potential instances where someone may seek to obtain this from you for financial gain. In this article, we provide you with helpful tips regarding protecting your personal information.
Your will is normally the main document that facilitates the distribution of your assets to your intended beneficiaries upon your passing. In this increasingly digital age, your online ‘digital footprint’ or ‘cyber assets’, may also be an important inclusion worth considering.
With the holiday period almost here, it can be easy to let your holiday spending get the best of you. In this article, we provide you with several saving tips to help keep your holiday spending in check, whilst still allowing you to have the well-deserved break that you have been looking forward to.
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
The outlook for the world economy continues to strengthen, particularly in the formerly moribund eurozone, and it provides greater support for growth-oriented assets. But valuations remain expensive across all asset classes, and are vulnerable to an eventual normalisation of interest rates, which is already under way in the United States and the United Kingdom, although it is still some time away in the eurozone and Japan. Investors also appear overly complacent about potential risks that could kick away the props for today’s expensive valuations. In Australia, official and private-sector data point every which way, and while there are some hints, it is still not clear that the economy has moved into the higher gear that would support improved growth asset prices.
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
How we pay for goods and services has significantly changed over time. The most notable was the move away from a barter system to what we now know as the currency system. Recently there has been talk regarding cryptocurrency, Bitcoin and blockchain. In this article, we explain what they are.
Warren Buffett, known as the ‘Oracle of Omaha’, is arguably one of the most successful investors of all time. In this article, we take a look at some of his most famous quotes and apply the meaning behind them to certain areas of your personal finances, such as investing, risk management and philanthropy.
Given the continual changes, it can be easy to see why some wealth accumulators and retirees have become frustrated with super; however, it’s important to remember the key benefits that continue to make it such a powerful investment structure. In this article, we discuss several of these.
The latest news and information on key Australian companies and the broader Australian sharemarket
Australia is a great place to live but it is also a harsh environment. Taking some time to do your insurance homework will help ensure maximum protection for your home. Having your home damaged or destroyed in a natural disaster is devastating. Here are some tips that may help you find out if your home is in a natural disaster prone area, and work out if you have adequate insurance cover for many types of natural disasters. Source: moneysmart.gov.au
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
Although some parents are dead against it, many like the idea of giving their kids a bit of assistance to get started into adulthood. Regardless of what you look at, the earlier you start, the easier it will be.
The latest news and information on key Australian companies and the broader Australian sharemarket
Depending on your personal circumstances, you may find that an investment bond forms a component of your overall investment portfolio. In this article, we take a look at what an investment bond is and some important considerations before investing in one.
Financial stress can arise at any point in your life. The cause, and the resulting level of financial stress, can vary. It’s important to recognise and deal with financial stress when it does present itself. In this article, we explore several ways to help deal with financial stress.
One of the risks facing retirees is the potential of running out of money in your retirement savings by living longer than expected; this is commonly referred to as longevity risk. In this article, we discuss several considerations for retirees in regards to longevity risk.
The latest news and information on key Australian companies and the broader Australian sharemarket
Owning a pet is expensive, and can be even more so if your pet gets sick or injured and needs veterinary care. Pet insurance can help to cover these costs, but always check what is and isn't covered before you get insurance.
The latest news and information on key Australian companies and the broader Australian sharemarket
The latest news and information on key Australian companies and the broader Australian sharemarket
In August markets remained calm as equities and sovereign bonds performed well despite geopolitical concerns over North Korea and the US. Domestic shares were positive after a tumultuous reporting season.
Geopolitical developments dominated news in August, although positive economic momentum continues to be seen in the US and Europe. Australian economic data improved, but is far from signalling tightening from the RBA.
The latest news and information on key Australian companies and the broader Australian sharemarket
Identifying and using surplus income can be helpful at any stage of life, whether that be during your wealth accumulation or retirement years. In this article, we look at household expenditure to identify areas where surplus income potential may be found.
To reach the finish line of a marathon, you need preparation, flexibility and perseverance. In many ways, retirement planning is the same, let’s consider some of the parallels between the two.
From 29 September 2017 you will be able to use crowd-sourced funding to invest up to $10,000 per year in small and medium companies to help them begin or grow their business, or pay off existing debts. Here we explain the key things you should know before investing in this new way (Source: Moneysmart.gov.au)
Direct debits can help you organise your finances. Make sure you understand how they work and what to do if you want to cancel them. Source: moneysmart.gov.au
The latests key developments in Australian companies and the overall Australian sharemarket.
The latests key developments in Australian companies and the overall Australian sharemarket.
The latests key developments in Australian companies and the overall Australian sharemarket.
To reach the finish line of a marathon, you need preparation, flexibility and perseverance. In many ways, retirement planning is the same, let’s consider some of the parallels between the two.
Global inflation remains lower than expected despite improving growth and tighter labour markets. This is likely to see central bank actions delayed in the case of Europe and Japan, and restrained in the US.
The latests key developments in Australian companies and the overall Australian sharemarket.
Markets have remained calm and globally risk assets performed well as volatility continued to fall. Domestic shares were flat after a volatile month, despite a surge in commodity prices and index heavyweights.
The latests key developments in Australian companies and the overall Australian sharemarket.
Whether you prepare your tax return yourself, or use a registered tax agent, it’s important to get your deductions right. In this article, we discuss several of the most common work-related expenses that you may be eligible to claim.
Returning to work after having a family may mean thinking about child care. In this article, we discuss the Child Care Benefit and Child Care Rebate provided by the Government to eligible families.
Your annual super statement has lots of important information to help you better understand your super. In this article, we cover some key things to check in your annual super statement before filing it away.
RBA Governor Dr Phillip Lowe confirms lower interest rates, wage growth and inflation are words rarely used in a single sentence. However, this is a description for the lacklustre Australian economy of 2017.
The latests key developments in Australian companies and the overall Australian sharemarket.
In June, the US Federal Reserve tightened monetary policy for the second time this year. While the Australian, European and Japanese central banks left rates unchanged, the general consensus was of improving economic conditions, suggesting we have come to the end of the global easing cycle.
Despite central bank-induced worries at the end of the month, equities managed to post positive returns in most non-European regions whilst bond yields moved higher.
The latests key developments in Australian companies and the overall Australian sharemarket.
How are Australian, Global and Asian equities positioned for the rest of 2017? Hear from Fidelity Inertional's Paul Taylor, Amit Lodha and Catherine Yeung on what they are expecting.
Bull markets are born on pessimism and die on euphoria. What are the three key themes to look out for in 2017? What can investors expect from Equities, Fixed Income and Alternatives in Q3?
The latests key developments in Australian companies and the overall Australian sharemarket.
One important factor when considering the establishment of an Income Protection insurance policy is the benefit type. In this article, we discuss the difference between indemnity and agreed value.
When considering your personal finances, is there a battle between your present and future self? In this article, we look at the importance of aligning your present self with your future self.
The new financial year has ushered in many legislative changes when it comes to personal finances. These are most noticeable in superannuation, but also impact other areas. Read more about these changes and how they may affect you.
Changes were made to super on 1 July 2017 that affect super contributions and the way super and retirement income is taxed. Here we explain how the changes may affect you, whether you are contributing to super, about to retire or already retired.
The latests key developments in Australian companies and the overall Australian sharemarket.
A new financial year, just like a new calendar year is a great time to set new goals and make resolutions. For many people, setting resolutions is the easy part, but sticking to them can be quite difficult - some tricks on setting resolutions you can actually achieve.
The latests key developments in Australian companies and the overall Australian sharemarket.
Superannuation changes announced by the Australian Government start on 1 July 2017 – with high income individuals amongst some of those who may be affected. To debunk some of the misconceptions surrounding the reforms, we have outlined five of the most frequently asked questions, to help high income individuals prepare for and better understand the changes ahead.
Superannuation changes announced by the Australian Government start on 1 July 2017 – with retirees amongst some of those who may be affected. To debunk some of the misconceptions surrounding the reforms, we have outlined five of the most frequently asked questions, to help retirees prepare for and better understand the changes ahead
The latests key developments in Australian companies and the overall Australian sharemarket.
The bank levy dominated the budget debate, while the lacklustre domestic labour market remains a drag on growth. International economic statistics continue to point to stable, but unexceptional, growth momentum.
Poor performance of the banking sector dragged the ASX200 lower in May, while international shares were mainly higher on continued positive economic news. Bond yields were mainly lower as US rate hike uncertainty re-emerged.
The latests key developments in Australian companies and the overall Australian sharemarket.
There are many benefits to holding Income Protection insurance. In this article, we discuss several supplementary provisions held within some Income Protection insurance policies that have a focus on enhanced coverage.
You’ve probably heard the saying, “Don’t put all of your eggs in the one basket”, but what does it mean? In this article, we explore the importance of diversification when it comes to portfolio construction.
The end of financial year is close. In this article, we look at end of financial year planning strategies that may be worth considering, when it comes to tax and superannuation.
The latests key developments in Australian companies and the overall Australian sharemarket.
The latests key developments in Australian companies and the overall Australian sharemarket.
The latests key developments in Australian companies and the overall Australian sharemarket.
The latests key developments in Australian companies and the overall Australian sharemarket.
April saw the Australian Labour market add 34,000 new jobs causing national unemployemnt rate to fall from 5.9% to 5.7%. By Andrew Hanlon Westpac Senior Economist Andrew has been with Westpac since 2002. After starting his career in the public sector, Andrew worked at the Commonwealth Treasury in Canberra, before enjoying a stint at Parliament House, where he worked as an adviser to the Finance Minister. His main focus is analysing the Australian macro economy.
If you or a loved one requires higher-level aged care services, but would still like to reside at home then a Home Care Package may be an option to consider. In this article, we take a closer look at how this service works.
The domestic housing market has received considerable attention over the last 12 months due to concerns around housing affordability, especially for new entrants. In this article, we discuss things to consider before becoming a guarantor on a loan for a family member.
Whilst on the path to financial freedom, occasionally it can be helpful to gain perspective along the way, by considering and then reflecting on the financial attitudes and behaviours of others. In this article, we look at several of the interesting findings from the 2017 Wealth Report.
The 2017-18 Federal Budget delivered on the 9 May 2017 was packed with several already anticipated moves, whilst also delivering a few surprises. In this article, we provide a summary of the main announcements that may affect you.
On 9 May 2017, the Turnbull Government delivered the 2017/18 Federal Budget. According to the Treasurer, this year’s Budget is about making the right choices to secure better days ahead.
The latests key developments in Australian companies and the overall Australian sharemarket.
Two distinct camps are emerging in the markets: one emphasising the uncertain political outlook and the other downplaying the political impact on the wider economy. Paras Anand, CIO Equities, Fidelity International Europe, argues that the heightened sense of a political ‘black swan’ event is overshadowing the important trends of a reduction in systemic risk since the Global Financial Crisis and the relentless onward march of technology.
The latests key developments in Australian companies and the overall Australian sharemarket.
The latests key developments in Australian companies and the overall Australian sharemarket.
If you are considering selling a small business or the assets it uses, you may be eligible for a range of CGT concessions to help reduce the capital gains tax associated with the sale. We discuss the several concessions that may be available to you.
For the majority of people, being able to live independently in your home as you age is what you want, but the reality is that sometimes you may need some help. In this article, we focus on the Commonwealth Home Support Programme.
The foundation of goals-based investing lies in ensuring that there is alignment between your financial goals and objectives, tolerance for risk and the way your investment portfolio is ultimately invested. We explore this in a little more detail.
The latests key developments in Australian companies and the overall Australian sharemarket.
The latests key developments in Australian companies and the overall Australian sharemarket.
The latests key developments in Australian companies and the overall Australian sharemarket.
The latests key developments in Australian companies and the overall Australian sharemarket.
It is probably safe to say that at some point in your life you have opened your electricity bill and have been a little surprised with the total amount due – and, not in a good way. We charter our way through the ‘household-electricity-sphere’ to help you become a little more energy-savvy in the future.
The annual concessional and non-concessional contribution cap limits (and the maximum bring-forward rule) will decrease from 1 July 2017. We explore the opportunities to maximise your super contributions now and into the future.
The latests key developments in Australian companies and the overall Australian sharemarket.
The latests key developments in Australian companies and the overall Australian sharemarket.
The latests key developments in Australian companies and the overall Australian sharemarket.
The latests key developments in Australian companies and the overall Australian sharemarket.
According to recent research, approximately 45% of Australians pass away without a will, or intestate. We explore why DIY will’s may not be the solution to your estate planning needs.
A belief held by many economists is that there is at least one more interest rate cut expected from the Reserve Bank of Australia this year should employment, wages growth, and household spending continue to remain sluggish. We examine interest rate predictions and what they may mean for you.
The ongoing debate about private health insurance appears to be a constant one among Australians, especially when premium increases each year come to the forefront. We look at several reasons to consider retaining or taking out private health insurance.
The latests key developments in Australian companies and the overall Australian sharemarket.
When considering the potential for a future claim on our Trauma insurance, we often think about the big four traumatic medical events e.g. heart attack, stroke, cancer and coronary artery bypass. It is important to remember that contemporary trauma insurance policies now also provide greater protection with the provision of a much larger range of specified medical events.
For many of us that make resolutions, during or at the end of the year, we often unfortunately set ourselves up to fail. This may be due to a combination of factors such as unrealistic expectations, ill-defined goals and objectives, poor time management skills, the wrong mindset or simply just getting distracted with life. Find out about the SMART principle and its application to budgeting.
The dust has now settled, and several new tax and superannuation bills have been formally passed through the House of Representatives and Senate corresponding to the Government’s ‘Superannuation Reform Package’ announced back in the 2016 Federal Budget. The majority of the Government’s proposed changes have made it through parliament.
by David Simon
We generally expect that our wishes for medical treatment will be respected, but what happens when we are not able to make decisions, due to an accident, sudden illness, or a progressive disease. Having an advanced care directive is a way to ensure that our preferences for medical treatment are considered at a time when we may be unable to express them.
For many of us Total and Permanent Disablement cover forms a component of our overall personal insurance plan; in the event of a disabling sickness or injury it has been designed to help to take the financial stress off the table at a time when our world has been turned upside-down. In this article, we explore the types of claim definitions available and their respective differences.
When devising a retirement plan, there are several different strategies that a financial adviser can employ to make sure that you have enough to meet your retirement lifestyle needs. This may or may not include relying in part or in whole on other sources of income such as the Age Pension at some stage. We’ll focus on one such strategy – the ‘bucket’ approach.
A global economic update in a snapshot.
Source: Westpac Institutional Bank Author: Bill Evans Chief Economist
The Senate have now passed the Super measures announced in this year's Federal Budget, The passage of these key superannuation reforms provides a level of certainty.
The lead up to the US Presidential election was a key focus area for investors during October, along with central bank policies. Most asset classes declined over the month or offered flat performance.
Wealth accumulation can be as simple as putting aside money each week into a high-interest savings account, paying down your debts, or building a diversified investment portfolio inside or outside of superannuation. Does the family home also come into mind when considering your personal wealth?
According to recent data, there has been an increase in the number of pre-retirees – 55-64 year olds, participating in the sharing economy (such as Uber, Airbnb and Gumtree) in an attempt to boost their wealth and income.
Have you ever sat around the dinner table with a friend or family member or attended an ‘investment’ conference or seminar and repeatedly heard someone say, “Now, this is not a pyramid scheme”? Pyramid schemes are illegal schemes under Australian Consumer Law.
Implications for the US economy The election of Donald Trump to the presidency creates a great deal of uncertainty over both the economic and policy outlook for the US. This is an initial reaction.
There’s been recent cover in the news on how we are becoming increasingly exposed to gambling, due in part to the many options now available to us online. Being more informed can help you gain a better understanding of how gambling can impact you and your family.
Regardless of your age, one of the ways to help you grow your wealth and prepare for retirement is to take an active interest in your super sooner rather than later. A good place to start is with some simple housekeeping. If you have multiple super accounts weigh up the pros and cons and consider the impact this may have on your end ‘retirement nest egg’.
In our busy lives, talking about money matters with our family may prove to be a daunting and sometimes emotional subject, especially around the dinner table. However, avoiding these often difficult conversations may have several drawbacks in the future.
A summarised economic outlook for the quarter ahead
When most people think about investing in property they tend to think about residential homes or commercial properties such as shops, offices or industrial buildings. But there is another way to invest in property through listed property securities often referred to as Real Estate Investment Trusts or REITS. What are REITS and how do they work?
The official cash rate in Australia now sits at a record low 1.5 per cent. The Reserve Bank of Australia cut the official cash rate in August for the second time in 2016. So why do interest rates move up and down all the time?
Are you planning a renovation? Renovating a property is more than just a pure financial decision. It can have significant implications not only for your cash flow, but also for your lifestyle. So before you get going, take stock and make sure you’ve considered everything.
It’s that time of year again, it won’t be long now before your annual superannuation statements will arrive (if they haven’t already). Superannuation can be full of confusing terms. Deciphering the jargon can be a challenge. We explore some common terms to help you.
There is a common misconception that in order to give you need to be wealthy, and that the only thing you can give is money. But the truth is that there are many different financial and non-financial ways that you can give to others. See how you can bring philanthropy into your life and make a real difference.
The proposed changes to the Centrelink Age Pension announced in last years’ federal budget are now law, and will take effect from 1 January 2017. Two significant changes will be imposed, these may be good and bad news for Age Pensioners. It’s important to review these changes and understand how they may impact your or your family member’s entitlement.
A new financial year, just like a new calendar year is a great time to set new goals and make resolutions. For many people, setting resolutions is the easy part, but sticking to them can be quite difficult - some tricks on setting resolutions you can actually achieve.
In the current environment many investors are seeking additional sources of return for their portfolios, but with slower economic growth and low interest rates this can be difficult to find and can often lead to investing in higher risk strategies.
Breaking up is hard to do! Particularly when it comes to getting back in control of your finances. We outline some important steps that you’ll need to take following divorce or separation.
This year's Federal Budget included an array of changes to superannuation, for many people, this has created a window of opportunity to utilise super contributions prior to 1 July 2017. Here's what you need to know.
If the majority of a group is doing a certain thing, it becomes increasingly difficult not to follow the group. This pressure can affect many different aspects of behaviour, even decisions we make with our money. Understanding these biases can assist you in making better decisions.
Australians buy goods and services almost every day, but how many of us really understand what we’re covered for when it comes to making a purchase? It might surprise you, save you money and unnecessary headaches.
BT Investment Management 31st of May 2016
Challenging times call for unusual solutions, and the idea of negative interest rates is particularly unorthodox. Tim Rocks, Head of Market Research and Strategy, considers how negative interest rates operate and whether they can have a positive impact.
When it comes to making investment decisions, research shows we are our own worst enemies, with our brains better hardwired for stone-age survival than complex economic decisions in the modern world.
In recent years, with the global economy going through a relatively chaotic phase, we’ve seen plenty of screaming headlines like “$40 billion wiped off Australian share market in one day!†“Markets brace as crisis in Europe flares up again.†These headlines might be great for selling newspapers, but they’re not much use to us as investors and can seriously mislead us.
Insurance is one of those things many of us set-and-forget, but a quick review of your insurance policies at least once a year is a worthwhile exercise that can help save costs and ensure peace of mind. So where do you start?
Identity theft cost Australians in excess of $1.6 billion last year. In this article, we explore ways to protect your personal information and reduce the risks of falling victim to this serious crime.
The 2016 Federal Budget may impact you more than you think, mainly because your tax dollars go towards making it happen, but also because changes were announced that affect nearly every Australian.
Investors faced with the prospect of being able to put less into superannuation are already looking for other ways to boost their retirement savings. While it won't be clear until budget night on May 3 whether pre-tax super contribution caps will be lowered, financial advisers say if this does happen, there are other (albeit not as tax-effective) strategies to add to retirement nest eggs.
By Tim Rocks, Head of Market Strategy and Research BT Financial Group
By Kate Cowling Australian Financial Review
There are many different ways to assist ageing parents in better managing their financial affairs and even small things can make a difference. We provide you with some useful tips to help you through this process.
With early diagnosis and advancements in medical treatment, the chance of surviving serious illnesses such as heart attack, stroke or cancer is much higher than in years gone by. However the process of recovery can be emotionally and financially draining. So how do we protect ourselves?
Tax time can be a breeze for some and a nightmare for others. As we are just a few months away from the end of financial year, now is the perfect time to organise your financial affairs with our end of financial year planning tips!
A lost member is a member of a super fund who is inactive, uncontactable, or transferred from another super provider as a lost member. A member is not a lost member if their address has been confirmed in the past two years, or they have indicated that they want to remain a member.
It’s really important to consistently focus on how to improve your personal finances. But good intentions aside, there’s nothing like a deadline and the end of the financial year (EOFY) is one of the key dates to aim for when it comes to tax planning.
Different portfolio managers have different styles when it comes to how they invest. This article takes a closer look at active and indexed investing styles and the philosophies that guide them. Do you know the difference?
People often take a break from work to manage changes in their lives. When this happens, they’re also taking a break from receiving super contributions, which may affect their retirement savings. But there are things you can do to help manage this gap.
New changes to the Personal Asset rules for SMSFs will affect which assets count as investments and how they are to be treated if held by the SMSF. Review the changes to ensure you are across this before 1 July.
Monetary policies have slowly started to diverge, with the US looking at tighter policies while other countries are still focusing on further easing. Of these, Japan took the unexpected decision to move to negative rates while the Eurozone is anticipated to offer further quantitative easing in coming months. Currencies have also been a focus for the year after China depreciated the yuan pegging it to a basket of currencies rather than its historic peg to the US dollar. By Tim Rocks - Head of Market Research and Strategy BT Investment Solutions
Weak commodity and oil prices are putting pressure on mining and energy company profits. This, in turn, raises questions about their ability to repay creditors; hence the spike in high-yield credit spreads and the concern around banks – particularly European banks. On its own, this issue would concern investors. However in this instance it has been tossed into a market already skittish over the potential for policy mis-step, on two fronts: will there be a hard landing in China (worsened by capital outflows), and can the Fed embark on a tightening cycle without tipping the economy into recession? BT Investment Solutions
If you have a Gen Y in your family, you may have noticed that their attitude to money is different to yours. Here are some things you can do to help your Gen Y stay on track financially.
Moving in with a partner can be an exciting time, but don’t just jump in. Take the time to think upfront about the financial practicalities and what it could mean if things don’t go according to plan. This might apply to you or a loved one.
Do you have a robust estate plan and is it up to date? There are important things to consider as you go through the process of developing or reviewing your estate plan. These can make a big difference to your dependants and loved ones.
Self-managed superannuation funds or SMSFs continue to achieve spectacular growth in Australia. Review this video to give you an idea about what are the pros and cons behind these funds
Start the new year with the right financial footing
The question remains whether now is a good time to move back into the market
Strategies to help boost your super for retirement
The low down on ethical investing
Investing with a focus on generating income rather than just chasing capital growth alone
Volatile markets can cause stress and frustration, especially when you are not adequately prepared
Diversify and keep your eggs in different baskets
An concise discussion of the often misunderstood asset class of fixed income
Strategies to help build your superannuation to help provide for that comfortable retirement
Often short term pain brings long term gain
Some tips to avoid making some common mistakes in a volatile market
In the midst of the negativity and sell-off in Asian markets, I am starting to turn a bit more optimistic. By: Samir Mehta Senior Fund Manager, JOHCM BT Investment Management
Global equity markets closed sharply lower last week, adding to the sell-off we saw in the first week of the New Year. The prospect of a slowing China has cast a long shadow over markets at the start of 2016, sending commodity prices into a tailspin and leading to a broad based slump across stocks.
You may have heard about investor bias, but do you know how it affects you? Have a look at these common investor biases and see how they may influence your financial decisions. Even having awareness of them can help.
Making your home more energy efficient is a good way to save on bills and reduce environmental impact. Read more about what you can do here.
The New Year is here! Perhaps you are considering some changes this year – a new job, business venture, study or even a sea change? See our four steps to help you make it happen.
Personal insurance plans include a range of different kinds of cover to protect you and your family’s lifestyle in case of an unexpected change to your health. Make sure you know what the terms mean for you.
It’s nearly time to sign off from work and start the holidays. Give yourself a stress-free vacation knowing that your finances are taken care of by ticking off these financial ‘to-dos’.
By David Simon. Body and Soul Financial Expert. Enjoy the silly season without blowing the budget
Most Australians are passive when it comes to super; they let it sit there. But these six simple action steps can actually boost your chances of retiring with more Source: http://www.bt.com.au/getmoving/5-ways-to-boost-your-super/
Fixed interest or Bonds is quite a diverse investment category. The fixed interest asset class includes investments such as term deposits, government bonds, corporate bonds and debentures. These are often called income securities. You can also invest in international fixed interest which includes bonds issued by foreign governments and corporates.
The holidays are nearly here! Maybe you’re planning a getaway? Make sure you get the most out of your budget too - here are some ideas to help you out at this time of year.
With so many decisions to make in life, we often forget to plan. But certain events are too important to gamble with - have you planned for the things that matter?
These days there are many different ways people can change their living situation as they get older. Are you thinking about your next move? Explore the different options that might be suitable to you.
Whether you're in your 20s now or have friends and family of this age, these simple tips will be a boon for your bank account. By David Simon. Body and Soul Financial Expert
Do you know what your credit score is? Have you seen your credit report? Get informed about your credit history and find out how it affects your access to financial services. A lot more affects your credit score than you might think.
Spring property season is here and many investors are on the hunt. Perhaps you are considering whether investing in property is the appropriate choice for you? Here are some things you might like to consider first.
The investment markets are volatile once again. So what should investors do? It can be difficult to sit tight during turbulent times, but it’s important to maintain a balanced perspective. Perhaps these reminders can help.
We are living longer than we ever had before and the expectation is our life expectancy will keep increasing. So what income will we need in retirement, it ultimately depends on our desired lifestyle. Here are the numbers…
You might have already received your superannuation statement, if not it will arrive shortly. It is a great time to review the important aspects of your statement and what they mean to you. Here are 5 things we believe it is important to understand.
Have you spent your tax refund yet or are you planning to? There can be a number of worthwhile options when it comes to spending or investing your tax refund. You might utilise a couple of different ideas. We explore a few.
We all have a bad habit or two, whether financial or otherwise. This article shares the top tips for how to create a new habit or change an existing one. You might find it is simpler than you thought.
There are many things to consider when returning to work after caring for young ones. There are both financial and non-financial considerations. This article explores the important things that need to be considered.
Credit Card balance transfers can be a little tricky, however they can be beneficial. It is wise to compare apples with apples and be clear on honeymoon interest rates, fees and repayment terms. Find out what the benefits are and what to watch out for.
In this article we explain that when taking out personal insurances you have the choice of how the premium cost is structured and how much you will pay for your insurance cover over the life time of your policy.
You may have heard of the term salary sacrifice before but are not sure what it means or how it works? In this article we take a look at salary sacrifice in more detail as it relates to superannuation.
When the unexpected happens and unplanned financial expenses occur do you have the funds at call ready to cover them or are you someone who uses credit to bail yourself out?
When it comes to retiring, there are a number of risks that retirees face that are specific to the retirement life stage. This article explores the most common risks retirees face and how to prepare for and manage them.
Trauma Insurance was first introduced in 1983. What’s the purpose and why is it needed?
Is your superannuation balance bigger than your spouse’s? In this article we explore 4 common ways you can boost your spouse’s super balance.
The 2015 Federal Budget was relatively tame, with a big focus on creating jobs and stimulating economic growth. Our article looks at what’s in it for you. From the changes for the young and unemployed, for families, business owners, to the over 50's and the already retired.
While most of us can’t wait to finish work and retire an increasing number of Australians are also opting to maintain an active lifestyle and career into their 70’s and beyond. Why are people choosing to delay retirement?
Knowing just what to do with surplus cash can be difficult. How do you figure out whether it’s better to invest in your own name, pay down your mortgage or put more in your super fund?
The end of another financial year is fast approaching and now is a great time to think about the ways you can build and protect your wealth. Here are some great ideas in the lead up to 30 June.
Due to technology and social media, the boundaries are blurring between work and home and it?s becoming hard to separate work and non-work. What are the secrets to a healthy work / life balance?
Are you leaving an inheritance or a legacy? What’s the difference? We explain in this article.
It certainly isn’t recommended to make changes for change sake, but your Life insurance should not be established with a “set and forget” mentality. We take a look at 5 reasons why you may need to review your personal insurances.
How do you work out the value of your home when you want to put it on the market? Do you leave it up to the real estate agent to tell you what they think it’s worth, or should you set the price?
From a young age children are exposed to the concept of money and what they are taught about earning, spending and saving money can influence their adult relationships with money and whether they?ll have a successful financial future.
The restructure of a business may lead to a reduction in staff numbers with certain positions being made redundant. Most people whose position is made redundant find it a very difficult time to deal with.
Parents want lots of things for their children. They have dreams for them from the moment they are born. We explore the financial cost of a happy life, a good education and plenty of opportunities for your kids.
If an early retirement is something you aspire to, here are five things you need to know.
If you’re looking to go broke then here are a few tried and tested money mistakes that people make and which can put you on the road to financial distress, fast! If you don’t want to go broke, avoid these.
For most Australians, superannuation represents their largest single investment after buying their own home. The more you know about your super and the more control you have over it, the greater your chance of reaching your retirement income goals.
According to the 2013 Norton Cyber-crime report, around 5.4 million people in Australia were targeted by online criminals in the last 12 months at an estimated cost of $1.65 billion. Worldwide, around 556 million people were affected by cyber-crime at a cost of around $113 billion!
You may be aware that in the event that you are to pass away, your superannuation benefits will not automatically form part of your estate assets. Instead, superannuation death benefits are normally distributed via a beneficiary nomination.
When a marriage, or a de-facto relationship breaks down, the task of separating finances can be very difficult and stressful. This article looks into the financial implications of divorce with regards to asset splitting.
What if you could reduce the interest on your home loan without making extra repayments on the loan? An offset account may enable you to do just that.
The Christmas season - a time for giving, is fast approaching. Donating to charity is a wonderful way to support the wider community and those in need. This article takes a look at the ins and outs of donating to charity.
If you’re earning less than $37,000pa and you or your employer make concessional (before-tax) contributions to your superannuation fund then you may be eligible for a refund of up to $500pa. Our article explains how.
The benefits of a well-planned and executed home renovation are both financial and personal. Whilst renovating can be very exciting, it can also be quite stressful if not managed or budgeted properly. Here are our top tips to for planning a renovation:
Given the complexities of retiring, even with a plan, you can sometimes make mistakes.
But the good news is that we can learn from some of the more common mistakes that retirees make, in the hope that we may be able to avoid making them ourselves.
There are a few rules and limits with Non-Concessional Super Contributions. We explore the age-based contribution limits and the Bring Forward Rule and how they might apply to your situation.
There are fundamental differences between Joint Tenants VS Tenants in Common, we review the importance of getting it right when purchasing assets with other people.
This month we highlight the concept of 'real rate of return' and its importance when investing, particularly in low interest rate and high inflation environments.
It’s never too early or too late to start planning for your retirement. We investigate what an average retirement income looks like and how much you might need to save in order to live a comfortable retirement.
Investing in commercial property can be via direct investment or through a more diversified approach such as property syndicates or Australian Real Estate Investment Trusts (A-REITs). This article discusses the benefits and risks of commercial property investing.
For many people picking up a coffee on the way to work is as routine as brushing their teeth. But do you know what your coffee habit is really costing you?
Do you know if you are an Executor of somebody’s will? Before appointing an Executor in your Will, or agreeing to be an Executor of someone else’s estate, it is important that you understand the implications of this decision and the roles and responsibilities that come with the title of Executor.
In this article we explore the concept of imputation credits, also known as franking credits and how they can benefit Australian investors.
Money is often referred to as wealth and people measure wealth in different ways. Some think of wealth as being their total assets, whilst others use their annual salary and some their hourly wage. But what exactly is money and what does it represent to you?
You don’t need to be an economic whiz to understand the Federal Budget, just take a quick look at our “Jargon Buster – Federal Budget Edition” for explanation of key terminology used by politicians, economists and the media when talking about the budget.
The Treasurer Joe Hockey announced the toughest Federal Budget since 1996 with the tightening of the nation’s belt and a focus on cost cutting to lower the nation’s $49.9 billion deficit. The budget measures announced propose a reduction in the deficit next year to $29.8 billion and a gradual decrease over the next 3 years following to an estimated $2.8 billion in 2017/18.
As it has been said, there are two certainties in life – Death and Taxes. Death can be a little out of our control, however taxes can be something that we can proactively make a difference with. Kerry Packer was clear on tax minimisation...
The Australia Federal Budget is a hot topic at the moment and this article is a timely discussion explaining why the Australian Government has a federal budget, what it is designed to do and how it is implemented.
From 1 July 2014, the non-concessional (after-tax) and concessional contributions limits will increase as a result of indexation in line with average wages (AWOTE). Find out more here.
Self Employed with no super. For 25% of self-employed Australian’s this is the reality they are currently facing. Just because super isn’t compulsory for the self-employed doesn’t mean it shouldn’t be a priority. Our article explains why.
Recent changes to the Privacy Act have changed what information is recorded in our credit reports. Failure to pay our bills on time could now have significant consequences on our ability to secure finance in the future.
The decision on whether to give children pocket money, at what age, and how much will largely depend on your family values and financial position. What benefit does a little pocket money have in teaching children how to manage money?
We may not like to think about it – but when it comes to our death, it pays to plan ahead. Here are some steps you can take to reduce the financial stress that result from poor estate planning.
This article explains in brief some of the key concepts relating to currency, currency risk and what changes to currency means for investors in international funds.
Did you know that there’s a simple way to work out how long it will take you to double your money? You might not even need a calculator!
Did you know that 88% of New Year’s resolutions don’t stick? Understanding why we so often fail at sticking to our New Year’s resolutions helps us construct a plan that will actually increase our chances of sticking with these resolutions.
These days many people are choosing to make a more gradual transition from full-time work to retirement. This article explores the various ways a Transition to Retirement Strategy could benefit you if you are nearing retirement.
It seems almost every second day the financial media is discussing Self Managed Superannuation Funds (SMSFs). Over the past decade SMSFs have become very popular, although they are not necessarily well understood. So, what is a Self-Managed Superannuation Fund, and what makes them different from a “standard” superannuation account?
Turning age 65 may signal retirement for many, but age is just one of many triggers that may indicate that you are ready to retire. In this article we look at three main considerations for timely retirement.
According to a recent survey and campaign by Foodwise, it is estimated that Australian Households throw out approximately $7.8billion worth of edible food each year.
There is a range of concessions available to Senior Australians. The type of concessions that apply will largely depend on your age, location and whether you're eligible for a pension from Centrelink, Department of Veterans Affairs (DVA) or are considered to be a self-funded retiree.
Understanding just when you are entitled to access your superannuation benefits can be confusing. Superannuation is designed to help you fund your retirement; therefore there are specific rules...
In this article we look at the role of the RBA and the different types of interest applied to loans as they reach each of us as consumers.
With the end of the financial year having just passed, it means it's now time to get ready to lodge your 2012/13 tax return! This article provides our top tips to help you prepare and get the most from your 2012/13 tax return.
When we were children, our parents spent a good deal of time taking care of us – and reminded some of us that one day, we would return the favour.
If you feel like you’ve run out of time to get your affairs in order, the good news is there’s a few considerations which can help minimise your tax, and make the most of the money you earn.
This year’s Federal Budget has been quoted as the Treasuer’s Swan Song. This article will briefly review the main points within the Budget.
This article takes a brief look into what is actually involved in the Federal Parliamentary Process and the steps that need to be taken to make a proposal into law.
If you've been following the news over the past month, then you may have noticed the increased discussion taking place about proposed changes to the superannuation system announced by the Labor Government in April 2013.
If your budget points to there being surplus income left over each pay, it helps to have a plan for these savings.
If you currently or previously have had a share portfolio or an investment property outside of super, you would usually be interested in how the investment is going. So where is your Super invested?
Children’s Trauma insurance provides a lump sum payment for a parent whose child suffers a major health trauma.
Importantly, superannuation differs from most other investments as it is not distributed via your Will when you die. Instead, you nominate your desired beneficiary for your superannuation through your fund.
Christmas is a time of giving and it’s very easy to overspend. Here are our tips to help reduce the new year debt headache or Christmas hangover!
In an age where the average person carries multiple credit cards, it still pays to pick the right ones.
As of the 30th September 2012 the first home owner grant for established properties will end. This will be replaced by the New Homes Scheme from 1 October 2012.
Becoming a parent leads to a range of new financial commitments and challenges. Spending patterns will change, as will your financial objectives.
The Age Pension is a Government financial benefit paid to Australian residents upon reaching a certain age, ranging from 60 years and up.
These days an unprecedented amount of personal information is stored on computers. Canny scammers readily look for ways to grab this information for their personal advantage.
As of 1 July 2012, the new credit card reforms can potentially help you make reasonable savings and enable you to clear your debt faster.
If things are a bit tight you may be able to spend less without making too many radical changes to your standard of living. Making small changes can make a significant difference over the longer term.
With the end of the financial year approaching, it’s worth revisiting whether there is anything else you can do to proactively minimise your tax liabilities.
If you missed the Budget, we have a summary for you, it has been described as taking from the rich and giving to the poor.
One way to fund lifestyle costs in retirement is to use the equity in your own home. Reverse Mortgages enable the homeowner to release equity from their home while still residing in the property. Like most things, there are pro’s and con’s to using a Reverse Mortgage.
The biggest asset for most people under the age of say 55 is their ability to earn an income. It’s easy to take this income-earning ability for granted especially when we are feeling reasonably fit and well.
A Line of Credit Loan (LOC) allows you to have both a loan account and a bank account. Sometimes this bank account is called an Offset account.
Higher volatility in financial markets is being touted as the 'new norm'. During choppy times in financial markets, investors are prone to making investment decisions based on fear.
One way to ride out the financial market volatility is Dollar Cost Averaging. This is a simple investment strategy that takes the guesswork out of the 'right' time to invest.
Have you ever thought of this approach to Christmas gift giving?
Consumer finance is a great tool for retailers to make expensive items affordable to customers and an ideal way for customers to purchase goods that may have otherwise been out of reach due to low savings.
For some, it may seem trivial to review the nature of compounding, but it’s such a powerful tool for any investor that it warrants a review in this article.
Here’s six things you can do to sharpen up your financial discipline. With 78% of Australians saying they are financially disorganised it makes sense to create a quick and practical way to inspire financial discipline.
An Accountant named Graeme decided not to have children, because according to his calculations, it was $250,000 per child to raise. The question is, what do you get for your $250,000?
Have you bought a ticket in the Lotto? Have you ever looked at the odds? What are the winning odds of buying a Lotto ticket every week for 47 years. You might be surprised.
Having no Will, or a poorly drafted Will, can have devastating financial and emotional consequences. It is therefore wise to understand what would happen to your assets if you were to die.
If you do have future financial goals, such as, retirement, buying a house, paying off your mortgage or buying a car or boat, then planning can certainly help achieve such goals in a timely and effective way.
Although some parents are dead against it, many like the idea of giving their kids a bit of assistance to get started into adulthood. Regardless of what you look at, the earlier you start, the easier it will be.
There was a sad story recently of a middle aged man who gave up his job and decided he would work from home trading shares. He had been to a share trading course and bought the software...
Poor calibration of confidence indicates that we are not really aware of what we know and don't know, leading to either overconfidence or underconfidence. Such a position can lead to costly financial mistakes.
What does it mean to calibrate your confidence? Consider the accident ratios for young drivers. Drivers under 21 are more likely to be in a car accident than those over 21. Is the reason for this inexperience and therefore a lack of driving competence?
Money Personality is an innovative tool which can be used to further understand your preferences for dealing with money. This article provides some interesting background on this concept.
Before you ask for your next payrise, or receive your next payrise, ask yourself “is this going to be just another insane payrise?” So what makes for an “insane payrise”?
The Henry Report into the tax system is out, as well as the Government delivered their Budget for 2010. Taking a step back from the detail, one thing is guaranteed – our financial system will keep changing.
The RBA Governor has recently warned us to expect that interest rates will continue to climb. So what should you do in an environment where interest rates are still on the rise?
Debt and leverage was one of the main causes of the GFC. How did people lose their homes?
As there are so many areas of finance, it can be overwhelming to review every area of your finances. Here is a short list of suggestions that might help you choose some areas that you would like to review or make a change in.
Your money personality indicates what you are likely to look at, and how you are likely to make a financial decision. It applies to both the significant and trivial, like buying a house, a car and an ice cream.
What is the best way to achieve financial success? Money and finance have been around long enough now that surely someone has come up with the best way to achieve financial success.
70% of people experience conflict around money; perhaps the other 30% just don’t talk about it. Swiss psychologist Carl Jung believes that conflict is seldom based on what we are trying to achieve, but an outcome of disagreements on what is the best way to achieve what we want?