Category: Financial Planning
Financial Planning
How to Deal with Rising Living Costs and Interest Rate Increases
With interest rate increases, housing affordability issues and rising living costs, many Australian families are under financial stress. Financial stress is a relatively common problem that many people face at one point or another. It is related to insufficient income, high expenses, and changing financial circumstances. From petrol to groceries to rising mortgage repayments, it’s […]
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3 Tips to Help Pay Off Your Mortgage as Soon as Possible
Home ownership: The Australian dream. Paying off your home loan early: The true Australian dream! Every homeowner dreams of paying off their mortgage as early as possible, but with years ahead of you, increasing house prices and rising interest rates, is it even possible to pay off your mortgage early? Fortunately, it’s not impossible but […]
Continue ReadingEstate Planning
Estate Planning 101: The Top Dos and Don’ts
It’s important to have an estate plan. While it can be daunting to think about, if you do not plan your estate, many things could go wrong with your assets, including additional taxes. You want to make sure the assets you’ve worked so hard to accumulate during your lifetime go to the people or organisations […]
Continue ReadingFinancial Planning, Superannuation
The Pros and Cons of an SMSF
SMSFs are becoming increasingly popular among Australians. According to the ATO, the number of SMSFs increased by approximately 6% every year between 2012 and 2016. However, not everyone will necessarily benefit from an SMSF. While an SMSF can assist you in growing your retirement nest egg, so can a regular super fund. An SMSF gives […]
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2022 Federal Election Financial Update
Financial Planning Opportunities and Changes So we have a new government. The new Australian Government means new policies in a number of areas including some financial policy changes that may be relevant to you. They have also announced support for some of the policies proposed by the previous Government. In this article, we will cover […]
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4 Effective Ways to Maximise Your Age Pension for Retirement
Retirement is an important goal for many people but financial security in retirement can be a worry. This is where the age pension can help Australian retirees to fund their golden years. Two million seniors rely on the Age Pension for retirement income, according to the Australian Institute of Health and Welfare. The pension […]
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