They say there’s no place like home, but as we get older and perhaps face health issues, looking after ourselves and our homes can be stressful – in both practical and financial terms. Planning ahead can reduce the stress When the time comes that you need a...
Paying for private health insurance extras and never getting around to using them? About 14m Australians pay for some form of extras cover, according to figures from the Australian Prudential Regulation Authority (APRA). On average people pay about $600 annually for...
With the chill of winter closing in it can be hard to keep a smile on your dial. If shorter daylight hours and colder temperatures put your mood on the down low, here’s 10 ways to keep the winter blues at bay. Lighten up Laughter decreases stress hormones and boosts...
You’re about to enjoy a cappuccino from your local coffee shop, and you find yourself faced with an abundance of payment choices when the moment arrives to pay. Do you use your card? Cash? Your smart watch? Your phone? The chip embedded in your hand? (Just kidding)....
Savings and investments are both strategies that share a common financial goal – to grow your wealth. Despite this key similarity, there are a few differences between the two, and finding the right balance can assist you in building a more stable financial future....
In this month’s update, we provide a snapshot of economic occurrences both nationally and from around the globe. Key points: – Inflation has undeniably come down but is higher than Central Banks’ preferred range- Is there something different about this inflation...
Top up Super Make use of the generous super limits that may be available to you. Not only can you top up your super to the max limit of $27,500 but you could also have some unused super contributions that you could use to make extra top up contributions. These can be...
The 2023 Federal Budget focuses on providing cost of living relief through lower power bills, higher welfare payments and more support for small business and housing.Note: These changes are proposals only and may or may not be made law. Cost of living • Energy bill...
Maximising personal non-concessional contributions (NCCs) is a great way to build up retirement savings in a tax-effective environment, minimise the tax payable on super death benefits, and equalise super balances between spouses. However, there are some tips and...
A re-contribution strategy can be a useful estate planning tool for those who want to minimise the taxable component of their superannuation death benefit paid to non-dependants such as adult children. This strategy involves withdrawing funds from a super account and...
