Category Archive: 'Uncategorized'

Can infrastructure protect from inflation?

It’s an important question as prices rise around the world fuelled by soaring energy and commodity costs, supply chain constraints and a geopolitical retreat from globalisation. In Australia, headline inflation is expected to reach 5 per cent by the end of the year. And while that’s still low from an historical perspective, it is above […]

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All about Wills and Probate

Probate is the legal process that occurs when dealing with a loved one’s will after their death. It can be difficult to know what’s involved with the process and the questions to ask. What is Probate? Probate is the process that makes sure the instructions in a will can be followed. It involves proving and […]

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Volatility Bites: How Retirees can manage Jumpy Markets

The big issue for investors in or close to retirement, is risk. The 2020 COVID-19 share sell off and recent equity market volatility shows just how quickly share prices can move. Volatility can have different meanings for different investors, those with a long-term horizon can be less concerned, knowing they have time on their side. […]

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New opportunities to grow your Super from 1 July 2022

Both older and younger Australians, as well as low-income earners, are set to benefit from some upcoming super opportunities. From 1 July 2022, there will be some changes made to super to make it easier for people to grow their retirement savings. These changes will create opportunities for both older and younger Australians, as well […]

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Is this the end of the housing boom?

Everyone buying into the housing market hopes that their purchase will appreciate over time, while sellers want to pick the top of the market. Clearly the growth rates in the Australian housing market, particularly in Sydney and Melbourne, peaked some time ago – March last year. But prices have mostly been still rising, albeit at […]

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Investment Market Outlook: Volatility Rises, Value Emerges

With war in Eastern Europe, inflation surging and Covid lockdowns inhibiting industrial production in parts of China, investment markets faced a rising tide of volatility over the past quarter. Yet while this may feel like the worst of times, it may really be that the 14 or so years since the GFC are the outlier […]

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How much do I need in retirement?

How much you need to save for a comfortable retirement is a question many of us ask. While we all hope for a simple answer, how much money you need in retirement differs for everyone. Additionally, a comfortable retirement is based on a whole range of factors including: When you retire How long you’ll spend […]

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Economic update and market overview

Introduction Inflationary forces continued to intensify in key regions, which suggested interest rates could be raised more quickly and more aggressively than previously anticipated. Government bond yields continued to rise sharply, resulting in negative returns from fixed income markets. The likelihood of rising borrowing costs also appeared to spook equity markets, which performed poorly over […]

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The RBA starts raising rates – how far and how fast? And what does it mean for investors?

The RBA has hiked the cash rate by 0.25% taking it to 0.35% and signalling more rate hikes ahead. We expect the cash rate to rise to 1.5% by year-end and to 2% by mid next year. However, the RBA will only raise rates as far as necessary to cool inflation and high household debt […]

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Your super checklist for EOFY

The lead up to 30 June can be a good time to maximise tax benefits that may be available to you inside super. Certain contributions, which we cover below, may have the ability to reduce your taxable income, or see you pay less on investment earnings. Contributions that could create tax benefits: Tax-deductible super contributions […]

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Super changes that could affect you from 1 July 2022

The government has announced a number of changes to the super system could create opportunities for Australians of all ages. Here’s a rundown of what you need to know. More people will be eligible for contributions from their employer, under the Superannuation Guarantee (SG), as the minimum income threshold of $450 per month will be […]

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Should you merge your finances with your partner?

The pandemic has changed many aspects of our daily lives, and romance is no exception. While lengthy separations have led some relationships to end, other couples are choosing to move in together more quickly than they might have expected. If you’re planning on living together, you might be wondering whether to merge your finances. Combining […]

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Should I invest my home deposit?

After another year of double digit growth, many first-time buyers have been left shaking their heads in disbelief. Even those looking to upgrade the family home are having to stretch their budgets further than ever. For many would-be buyers, the speed of house price growth is far outpacing their ability to save. It’s also outstripping […]

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Roughly 500,000 Australians plan to retire in the next 5 years.

According to the ABS, some half a million people intend to retire within 5 years. While many Australians will remain working until they can access their superannuation savings and/or the Age Pension, some 32% of people choose to retire beforehand due to health reasons, retrenchment, or a lack of suitable employment opportunities. No one can […]

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8 important money tips for when you land your first full-time job

If you want to ensure you’re getting the right amount of super and not paying more in tax than you have to, this list is for you. What you need to know Your bank account details and tax file number You’ll need to give your bank account details to your employer if you want to […]

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You only retire once. Let’s get it right.

Retirement is an exciting time. It’s the long-awaited reward for a lifetime of work and, if you have the right plans in place, the chance to pursue your dreams free from money worries and concerns. Retirement means different things to different people. For some, it may mean traveling the world, or pursuing a previously neglected […]

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How to build an emergency fund when you’re on a budget

If there’s one thing the COVID-19 pandemic has shown us, it’s that the unexpected can happen at any time. And, while there are many things in life you can’t control, you can make sure you have enough funds put aside to help you get by. Here’s how to build your emergency savings, even on a […]

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Get retirement ready, no matter your age

With Aussies living longer than ever, you could be spending many happy years in retirement. But did you know that to maintain your standard of living, you’ll need around two-thirds of your pre-retirement income, for the duration of your retirement? It’s never too early or too late to start taking an interest in your super. […]

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Family activities to do on a budget

Spending more than what you intended on is a familiar scenario for many people entertaining kids, whether that’s at the movies (you swear you’re bringing your own Maltesers and drink next time), or sporting events (where you often fork out more on hot chips than you do on the tickets). While you know taking pre-packed […]

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10 money conversations to have with your partner

If you have been together for a while though or are edging on making a big financial decision together, having the money talk could make a big difference to whether you go the distance. Understandably, it may not be the easiest topic to broach, so here’s a bit of a checklist as to what you […]

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9 money tips if you’re having a baby

Starting a family or growing one can be exciting, but it can also be expensive. Here are some ways to prepare yourself financially. 1. Make sure you’re across medical expenses Medical costs might include ultrasounds, birthing classes, special tests, vaccinations, and check-ups, so it’s worth jotting these down, so you’ve got an idea of everything […]

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The 2022 – 2023 Federal Budget: What it means for you

This year’s Federal Budget covers a range of measures aiming to reduce the pressure from increased costs of living and help more people into homes. Note: These changes are proposals only and may or may not be made law. Personal taxation Cost of living tax offset: The Low and Middle Income Tax Offset (LMITO) will […]

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Share market Falls: What investors need to consider

Being more engaged with your super investments could help you make the most of the time you have to grow your wealth for retirement – and navigate share market falls. Depending on your life stage, it can be helpful to remember that you’ll likely have time to ride out changeable market conditions to generate investment […]

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Why being responsible can be rewarding

The days when ‘green’ investors were the ones who cycled to see their adviser and carried home their investment brochures in a hemp bag are long gone (if they ever existed). Responsible Investing is now the preferred approach for a growing base of investors. As of January 2021, 30% of all professionally managed assets – […]

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How to negotiate better work perks

Negotiating a pay rise or salary package is nerve wracking at the best of times, let alone during a pandemic. And, while you should always ask for what you think you’re worth, the economic climate may prevent you from getting it. Slow wage growth has been an issue in Australia for several years, even before […]

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Here’s why you need to consolidate your super now / What is ‘stapled’ super?

New super rules introduced in November of 2021 mean employees are now ‘stapled’ to their existing superannuation fund, unless they choose otherwise. That’s why it’s more important than ever to consolidate your super and take control of your retirement savings. Here’s what you need to know about the super stapling rules. From 1st November 2021, workers […]

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Everything you need to know about medical examinations for life insurance

When you take out an insurance policy, the provider will determine how much you’ll be required to pay in premiums. This process, called underwriting, assesses the insurance risk, and usually requests information about occupation, medical history, pursuits, hobbies and financial situation. Essentially, it means you’ll only be paying the premiums that are required for the […]

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Budget smarter with the 50/20/30 rule

New to budgeting? You may know how much money you make and have a rough idea of how much you spend. But do you know what you’re actually spending it on, or if your spending patterns will benefit you in the long run? The good news is, you don’t need complicated spreadsheets and formulas to […]

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The escalation in Ukraine tensions – implications for investors

Key Points Ukraine tensions have escalated with Russia ordering troops into Ukraine regions already occupied by Russian separatists. Share markets are at high risk of more downside on fear of further escalation and uncertainty about sanctions/gas supply to Europe. The history of crisis events typically shows a short term hit to markets followed by a […]

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What you should know about creating your will and estate plan

If you want to protect your family and assets, it’s worth documenting what you’d like to happen if you can’t make your own decisions later in life or if you pass away. If you’ve got people in your life who you love and assets you’d like to be distributed in a certain way, you might […]

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Reducing financial stress

The Australian Institute of Health and Welfare recently released a report covering the impacts of COVID-19 on Australians during the first year of the pandemic. The report highlights that many of the measures necessary to contain the spread of the virus, have had a negative impact on mental health. Among these measures, restrictions put in place to protect […]

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5 minutes for 5 days – get your finances in order

New Year’s resolutions are such a drag, right? Whether it’s fitness, family or finances, the best laid plans rarely last beyond the first week of January. Life has a habit of getting in the way, especially these days with so many demands on your time. Instead of making ambitious resolutions you don’t have the time […]

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What is equity and how can I use it to invest?

Whether you’re looking to invest in property, renovate or pay off something big, borrowing against the equity in your home may be helpful, if you’re across the risks. The equity in your property can be a valuable resource, as it may allow you to borrow money to achieve your goals, whether they be investment or […]

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Should you use property to fund your retirement?

Superannuation, shares, property, cash, other investments; a dizzying number of options are available when it comes to living comfortably through retirement. Financial advisers often promote a diversified portfolio to reduce the risk of concentrating ‘all eggs in one basket’.  Still, Aussies love their property, with more than 2.2 million of us opting for investing in […]

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How does your pension live on after you die?

Account-based pensions offer a flexible and tax-effective method of drawing a regular income stream from superannuation. They are an essential part of your overall retirement strategy and are usually used from retirement until death. But what happens to your tax-free account-based pension when you do die? Superannuation does not automatically form part of your Will […]

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Granny flat arrangements within the context of the gifting rules

Retirees wanting to downsize their home may consider the option of living in a granny flat, or an extension to / spare room of a relative or friend’s home. Money, the transfer of an asset or a combination of both, may be given as consideration for the right of accommodation, or a life interest in […]

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Economic Update

Introduction Investors continued to focus on rampant inflation and, in turn, potential changes in monetary policy settings. By the end of January, five interest rate increases in the US had been priced in to markets; a more aggressive tightening in policy settings than had been anticipated previously. These evolving expectations saw bond yields rise in […]

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Do you value your assets more than yourself?

Value is a funny thing. One person’s trash can be another person’s treasure, as the old saying goes. The value we place on something tends to be very individual, and is generally a product of many different factors ranging from cultural background and upbringing to personality type and even life stage. But as much as […]

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Constructing a retirement portfolio in a low return world

Portfolio construction is a much-used term that can be misunderstood. Fundamentally, the term portfolio construction refers to the process of selecting investments to create the optimal balance of risk and return. By mixing different types of investments and different asset classes, portfolios can be built in a way that maximises the return for any given […]

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5 money mistakes to avoid if you’re going guarantor

If you have a family member who wants to get into the market sooner than that, you may have discussed whether you’d be willing to speed up the process (if you’re in a position to) by going guarantor. This is where you use the equity in your own property as security for the loan they’re […]

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What happens to superannuation when you break up?

Depending on the situation, you might get some of your ex partner’s super, or they may get some of yours. See what you need to know. A divorce from your husband or wife, or a separation from your de facto, could mean a division of your assets and debts, whether they’re held individually or together, and […]

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Make it a goal to grow your super this year

There are a number of ways you can contribute more to your super, to take advantage of time and the magic of compound interest. These include salary sacrificing, and a range of tax-deductible, spouse and downsizer contributions, as well as government co-contributions. What you do right now affects how well you can live in future. […]

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Five ways you can start to bridge the super gender gap today

In terms of gender equality, we’ve come a long way over the past few decades. Australian homes and workplaces are very different places than they were in previous generations. But there’s still a long way to go. When it comes to superannuation there isn’t a level playing field for Australian men and women. Before we […]

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What’s next for the Australian and global economies?

Key points: 2022 is likely to be the year COVID-19 goes from being an epidemic to endemic. Expect ongoing global economic recovery, albeit with bumps along the way. The spike in inflation is partly due to pandemic driven distortions to demand and supply chains but inflation will be higher over the years ahead than it […]

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Being a smart Santa with your gift budget

When you’re under pressure to give that perfect present at Christmas it can be much harder to stick to a budget. Find ways to make your gift budget go further with our top tips for giving generously without going overboard on spending. Be prepared Taking time to plan how much you’ll spend on each person […]

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Christmas Gifts that won’t break the Budget

Christmas is a wonderful time of year in Australia, filled with summer foods, decorations and of course, gift giving. This year will feel even sweeter for many, as friends and family reunite for the first time in months, if not years. Here are a few ideas to help you stretch your Christmas gift budget further, […]

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Tax deductible donations: Get the most out of giving back

Donating to a charity or cause you care about is a win-win for both you and the charity. Charities rely on the generosity of donors to help them do their work, while you get the satisfaction of supporting a worthy cause. Even better, many donations are tax-deductible, meaning they reduce your assessable income. How do […]

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Why should I see a financial planner?

Financial planning is something more and more people are considering as a service they need to help them get the best from their finances and focus on putting their money towards what matters to them most. In fact, according to 2020 research, 2.6 million Aussies said they intended to seek help from a financial planner […]

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Should you merge your finances with your partner?

The COVID-19 pandemic has changed many aspects of our daily lives, and romance is no exception. While lengthy separations have led some relationships to end, other couples are choosing to move in together more quickly than they might have expected. If you’re planning on living together, you might be wondering whether to merge your finances. […]

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5 steps to better financial goals

Everyone has financial goals. Maybe you want to pay off your mortgage early, stop relying on your credit cards, or go on an amazing overseas holiday (once we’re allowed to travel again). Or you might want to set up good money habits, like investing regularly or look at ways to grow your super. Whatever you […]

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What alternative assets bring to your super investment mix

Most of us have heard of the main asset classes: shares, property, fixed interest and cash, but alternative assets are less well known. However, these types of assets can provide further diversification and enhanced returns for your super. Alternative investments are those found outside the traditional asset classes. Typical ones include real estate, private equity, […]

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Market volatility during COVID-19

Market volatility refers to extreme price movements over a given period. These movements may occur in a particular area, such as real estate or shares, and may be upward or downward. Ever since COVID-19 started spreading across the world in late 2019, affecting every aspect of our lives, the term ‘market volatility’ has been hitting […]

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What happens to my super when I move overseas?

You might be leaving the country for a variety of reasons – career prospects, love, adventure, new opportunities – or you may be returning home. While you’ve probably got a checklist of things to cover off before you jet, spare a thought for any super you might’ve accumulated while you’ve been working in Australia. What […]

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Investing in investment bonds

Investment bonds are long-term investments that may offer tax efficiency to investors on a high marginal tax rate and those investing for children or grandchildren. Unlike traditional investment products, such as managed funds, bonds are a ‘tax paid’ investment. This means that tax on investment earnings is paid at the applicable company rate of 30 […]

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Retirees: How to beat Inflation before it beats you

Investors with long memories – or a good education – will recall the bad old days when inflation was the economic bogeyman. It broke Germany’s Weimar Republic in the 1930s and nearly cratered America’s economy in the 1970s. Fortunately, inflation has been a non-issue in Western economies for decades. But is that about to change? […]

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Economic and market commentary

Investors remained focused on rising inflation and the possibility of policy settings being tightened worldwide. Bond yields continued to rise – particularly in Australia – as investors brought forward their expectations for interest rate hikes. This hampered returns from fixed income markets. Equity markets performed much more strongly, aided by the release of pleasing corporate […]

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Do life insurance products cover mortgage payments?

You’ve worked tirelessly to own the home of your dreams. But if you suffered from an injury or illness that prevents you from working, would you be able to cover your mortgage repayments? A government report by the Australian Institute of Health and Welfare found that accidents were one of the leading causes of death […]

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An overview of the main residence CGT exemption

Generally, a property, including a taxpayer’s main residence, ie their family home, is considered to be a Capital Gains Tax (CGT) asset. When CGT assets are sold, taxpayers may be liable to pay tax on all, or part, of the capital gain. However, tax law provides an exemption for a dwelling that is the taxpayer’s […]

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Millennials and money: what does the future hold?

The first millennials (born between 1981 and 1996) are turning 40 this year. Still, despite more than twenty years in the workforce, it seems their financial wellbeing isn’t guaranteed. A Commonwealth Bank study has found that almost two thirds (61 per cent) of millennials (also known as ‘Gen Y’) don’t have a regular savings plan, while 1 […]

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How to invest ethically

Ethical investing involves using your ethical principles to filter and guide your investment decisions. The practice has been around for more than 30 years in Australia, and has started to gain significant traction in recent years. If you’re looking to make some, or all of your investments ethical, it can be tricky to know where […]

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How ‘Buy Now Pay Later’ affects your credit score

In recent years, ‘buy now pay later’ (BNPL) has become an increasingly popular method for consumers looking to purchase goods via instalments without resorting to credit cards. These services are often billed as a safer and more convenient way for consumers to manage their spending, and their popularity has led them to become widely available. But […]

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Demand for financial advice doubles in five years

If your car engine sounds dodgy, you see a mechanic. If you’re unwell, you see a doctor. If you’ve got a tooth ache, you see a dentist. But what about when you’re looking to better manage your finances? According to 2020 figures from research group Investment Trends, 2.6 million Aussies said they intended to seek […]

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7 ways to stay active and healthy in retirement

When it comes to living a longer, healthier, more active lifestyle, a good approach can often involve easy tasks that you can turn into everyday habits – even when social distancing is on the agenda. If you’re after ideas, here are some ways you might sustain or even improve your physical and mental wellbeing, which […]

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Your 7-point retirement planning checklist

You might feel emotionally ready to retire but you’ll want to make sure you’re financially ready too. Socialising with mates, enjoying leisurely activities and indulging in the odd trip away are all things that have likely crossed your mind when thinking about how you’ll spend retirement. Beyond that though, have you given much thought to […]

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Should I still change jobs despite COVID-19?

Go back a month or two and you’d be forgiven for thinking we were on the fast track to pay rises all round. The unemployment rate fell to its lowest level in a decade in June, at 4.9 per cent, as government stimulus spending, closed national borders and zero community COVID-19 fuelled a post-pandemic recovery. […]

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Mortgage versus super – a common dilemma

Conventional wisdom used to dictate Australians were better paying off their home loans, and then, once debt-free turning their attention to building up their super. But with interest rates at record lows and many super funds potentially offering a higher rate of return, what’s the right strategy in the current market? One thing to consider […]

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How salary sacrificing into super could work for you

An effective way of building your super savings (and potentially reducing your taxable income) is through salary sacrificing – that is, asking your employer to put some of your before-tax income directly into your super fund. The amount you salary sacrifice is on top of the Super Guarantee (SG) contributions your employer must pay which […]

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Financial rights and wellbeing for LGBTI couples

Since marriage equality was achieved in 2017, LGBTI people have had access to the same legal and financial rights as heterosexual married couples. Yet members of the LGBTI community still face some unique challenges when it comes to their financial wellbeing. So what do same sex couples need to know when it comes to planning […]

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11 things everyone should know about their super

Super is there to provide you with an income when you stop working and it may provide a tax-effective way to save for your retirement over the long-term. What’s probably more interesting, is in time, your super may become one of your largest assets. We don’t often think about that, but it’s a good reason […]

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Should you use your super to save for a home?

Getting money together to buy your first home can be a big ask. As well as a deposit (ideally 20% of the house price), you also need to consider stamp duty and other expenses like conveyancing fees. And if you have less than the recommended deposit, you’ll also need to pay lenders mortgage insurance (LMI) […]

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Women and superannuation – how the pay gap can impact your super

According to the Australian Bureau of Statistics, women are retiring with 37% less than men in their super accounts, which is a frightening thought considering women, on average, live up to five years longer. So, what’s behind the super gap? The super gap is partly due to the lower average earnings of women. Data from […]

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Money worries and your mental health

It’s been a trying time for many people, with our collective mental health taking a toll as the COVID-19 pandemic rolls on. The Melbourne Institute says one-in-three Australians are now reporting financial stress, while one-in-five are feeling ‘mental distress’. It’s well known that our financial wellbeing and mental health go hand in hand. Severe or […]

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How to use your tax return to build a stronger financial future

Whether you breeze through tax time or dread the extra admin, receiving a tax refund makes the effort worthwhile. For many of us, getting a financial boost will be even more welcome this year, and you might be looking around for the best ways to spend it. Plan how you’ll spend your tax refund wisely […]

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Creating an emergency budget that works for you

It could take months, even years, to clear debt – especially if you used your credit card and you know you’ll be slugged with snowballing compound interest each month you don’t pay it off. Things might get worse if another emergency comes up and you don’t have the means to pay for it. Before you […]

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Aussies are losing millions to financial scams: Here’s how to spot one

Scams and cybercrime are booming in the wake of the COVID-19 pandemic, leaving thousands of people out of pocket. Investment scams in particular have surged, costing victims more than $26,000 on average. What is an investment scam and why are they booming? An investment scam involves being conned into parting with money on the promise […]

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Adding more to your retirement savings: is it worth it?

There’s no denying that being proactive with your super may be key to increasing your retirement savings. As an investment vehicle, super can offer significant benefits thanks to the magic of compounding interest. It also provides one of the best tax structures available. Why super offers much promise for retirement saving Adding more into super […]

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Increasing your Age Pension entitlements by renovating the family home

One of the quirks of Australian society, including its taxation system, is that it puts home ownership at the centre of physical, emotional and financial well-being. There’s an aura about owning your own home. It’s why we talk about it at BBQs, go to open-houses when we have no intention of buying, and are amazed […]

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How is your credit score affected by COVID-19?

If you’re one of the many Australians financially impacted by COVID-19, who have deferred $218 billion worth of payments this year – fear not. Your credit score is unlikely to be affected by payment deferrals or mortgage holidays due to the current state of the world. While that’s good news, it’s still important to maintain […]

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Downsizing your home? Understanding the downsizer contribution

Downsizing the family home is often part of the longer-term financial plans for many older Australians. But did you know that you could consider investing the proceeds of the sale of your family home to your super – depending on your age and circumstances – as a downsizer contribution? What is a downsizer contribution? If […]

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The 101’s of Self Managed Super Funds: some basics and benefits explained

In the right hands, a self-managed superannuation fund (SMSF) can be a beneficial way to build wealth for retirement. Whilst they are not for everyone, it is important that when thinking of starting an SMSF, individuals need to understand the benefits and responsibilities they take on by having an SMSF. What is an SMSF? An […]

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Retirement Realities: Five Tips for Rebuilding a Super Future

Australians will need to rebuild their superannuation and retirement savings, after withdrawing more than $36 billion in early super release payments in 2020, according to Colonial First State’s Retirement Realities Series. The research found that the largest number of early super payments were made to Australians under age 40 with Australians under 30 receiving nearly […]

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How much do I need in my emergency fund?

In these uncertain times, it pays to have money set aside to give you peace of mind that if your income drops, you still have ample funds to pay for your everyday expenses until you get back on your feet again. A good rule of thumb is to have enough money for three months of […]

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Economic update and market commentary

The Covid situation took a turn for the worse, as spiralling infections saw new lockdowns introduced in Australia. The government has suggested all restrictions can be lifted once 70% of the adult population has been fully vaccinated. Until then, the outlook for economic activity levels has deteriorated. Despite these unwelcome developments, Australian shares started the […]

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The future of international travel

In 2020, the ease in which we travelled overseas changed abruptly. And in the years to come, vaccinations, travel bubbles and testing are likely to become as routine as packing your passport and booking a hotel. Here’s what international travel may look like in the next few years – and how to stay safe on […]

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Supporting your kids, without sacrificing your own retirement

In the past, wealth was often passed on through an inheritance. But with our longer lifespans, and the higher cost of living (especially housing), the desire to help our kids while we’re alive and well is increasing. If your children are young, you may have twenty or thirty years to save and invest on their […]

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Smart strategies for paying down debt

Being in debt can really wear you down, both financially and emotionally. Whether it’s a single large credit card balance or multiple loans, store and credit cards owing, getting clear of your debts is going to make a big difference to your financial future. To get started on an effective strategy for saying goodbye to […]

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Salary sacrificing into super – how it works

Salary sacrificing into super is where you choose to have some of your before-tax income paid into your super account by your employer. This is on top of what your employer might pay you under the super guarantee, which is no less than 10% of your earnings, if you’re eligible. Making salary sacrifice contributions does […]

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Managing the financial impacts of a mid-life crisis

For some, the thought of a mid-life crisis may bring to mind quirky Steve Carell comedies like Crazy Stupid Love or The 40-Year-Old Virgin. But if you or a loved one are actually going through something that resembles one, you probably have fewer reasons to chuckle. A mid-life crisis is a transition where you might start to question […]

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Five things you and your partner should know about super

Money issues are often cited as the biggest causes of stress in a relationship. Yet despite their importance, a recent survey of Australian couples found that 43% hadn’t discussed how they’d share their incomes before they committed. And close to a third hadn’t talked about their financial situation with their potential partner at all. Even […]

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What is capital gains tax and when might I have to pay it?

Capital gains tax is charged on the profit you make from the sale of certain assets. These could be assets that you’ve purchased or inherited. To give you a few examples, capital gains tax might apply to things such as shares, investments, land and property (unless it’s your primary residence), and it may even apply […]

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How to invest for your children’s future

Every parent wants to give their child the best start in life, even if that sometimes means footing the bill well into adulthood. Fortunately, with good financial planning, you can set your kids up for a bright (and independent) financial future, in just a few simple steps. No two ways about it, raising a family […]

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How to help your children with buying property

With property prices rising at a record rate in many cities across Australia, the ‘bank of mum and dad’ is playing a bigger role than ever as many parents feel pressure to assist their children in buying a home. For many Australians, home ownership is not just seen as the great Australian dream, but it […]

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How much can you confidently spend in retirement?

So much happiness in retirement comes from peace of mind, not money. Of course, the two are intertwined. Understanding your monthly budget, whatever it is, and not worrying about running out of cash in retirement, enables peace of mind. But the academic research throws in plenty of other factors – good health, social connections, having […]

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Housing Market: Bubble or Balloon?

As one of Australia’s favourite assets, residential property is no stranger to news of a market bubble. Property works a little differently – making the cycle of house price rises less of a bubble and more of a balloon. Quick take: what’s a bubble? In short, a market bubble is an event where the price […]

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6 steps to help you feel more positive about your finances

With one in four Australians reporting more financial stress after COVID, it’s no surprise many of us are concerned about the future. Between mounting bills, unexpected expenses and a lack of understanding around our needs in retirement, getting our savings on track and seeing the big picture can seem overwhelming. It doesn’t need to be. […]

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Four ways to save for a rainy day

Having access to savings can be vital when an emergency strikes. But making the most of your savings by earning interest can also help you get ahead financially. If you’re trying to get a good return and have instant access to your money, the historically low interest rates on savings accounts leaves you with limited […]

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What does it really cost to raise kids?

A 2018 study by the Australian Institute of Family Studies looked at the weekly cost of raising a six-year-old and a 10-year old. They found that it cost unemployed families $140 per-week, per-child, and $170 a week for low-paid families. That figure included the minimum necessary for healthy living, like food, clothing, school and household expenses (e.g. […]

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How to identify (and beat) your spending triggers

Are you buying more to perk yourself up? You aren’t alone. Since the start of COVID, there’s been an increase in online shopping. But, if you want to get a handle on your add-to-cart habit, understanding why you spend money, can help bring your purchasing patterns in line with your financial goals. We often talk […]

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How to bounce back from the pink recession

While all Australians have been affected in some way by the global pandemic, women have borne the brunt of its impacts. Here’s why – and some tips of what women can do to recover financially. For the past year, all Australians have felt the health and economic impacts of Coronavirus. However, when it comes to […]

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Australians move towards ethical and sustainable investing

In 2019, a nationwide survey found that an overwhelming number of Australians (78%) were worried about climate change  – a concern which escalated in 2020 as Australia faced one of its worst bushfire seasons ever. This was followed by the outbreak of Coronavirus, which laid bare the effect of insecure work and poor-quality housing on […]

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