Many parents and grandparents worry about how to help the children in their lives achieve financial independence. But the value of long-term investment can seem like a dry and complicated idea for kids to get their heads around. In fact, many young people would like to know more about money, according to a Young People … Read more
If you are looking to buy property in the near future there are a lot of numbers you’ll be keeping track of – how much deposit you are saving for, how much you can borrow, how much to allow for closing costs, a figure for your total overall budget, as well as how much your … Read more
The importance of strong leadership to foster success cannot be under-estimated. Fortunately, the behaviours that effective leaders demonstrate can be emulated and learned. Whether you are looking to hone your skills as a leader in your business or if you want to assist someone to take a lead role, here are some characteristics of effective … Read more
Stay up to date with what’s happened in the Australian economy and markets over the past month. Treasurer Jim Chalmers’ first Budget was delivered against a backdrop of continuing turmoil on the global economic front. While the UK’s change in leadership and US reports of scaling back interest rate increases were welcomed by financial markets, … Read more
With consecutive rate rises throughout 2022 and talk of more to come, many Australians have been looking at their home loans more closely. Yet one thing that may have gone unnoticed is a loyalty tax and whether you are paying one. What is a loyalty tax? A tax for being loyal? It doesn’t seem fair, … Read more
Rental property owners are now one of the ATO’s top targets after it found nine out of ten tax returns reporting rental income and deductions contained at least one error.i The tax office estimates it’s missing out on around $1.5 billion due to over-claiming of rental property expenses and omission of rental income. Growing interest … Read more
The excitement of heading towards retirement and a new stage of life can be tinged with concern over how to manage finances. For many people, seniors’ concession cards are a good way to help make ends meet. While discounts on goods and services are always welcome, they’re even more valued right now as living costs … Read more
With interest rates on the rise and investment returns increasingly volatile, Australians with cash to spare may be wondering how to make the most of it. If you have a mortgage, should you make extra repayments or would you be better off in the long run boosting your super? The answer is, it depends. Your … Read more
We all approach decision making in our own way, making a multitude of decisions every day: ‘Should I hit snooze again on the alarm?,’ ‘Do I take the train to work, or do I drive,’ ‘What should we have for dinner?’ In fact, researchers estimate that the average adult makes 35,000 decisions every day.i While … Read more
One of the things many of us have been missing over the past few years is holidays, but now that the world is opening up again for travel and destinations that have been pretty quiet are now eagerly welcoming back tourists, taking a break has never been more appealing. Holidays are not just a lovely … Read more
