As our superannuation balances grow larger, it makes more sense than ever to keep track of the many rules changes that have recently happened or are coming up soon. Australians are investing more in super – almost $151 billion dollars in the year ending March 2023, an increase of 11.3 per cent.i Those extra contributions, … Read more
The rising cost of living is grabbing all the attention right now as people struggle to pay the increasing prices. But in the meantime, our collective wealth has been growing steadily and is being transferred to the next generation at increasing rates. In fact, the value of inheritances as well as gifts to family and … Read more
The start of a new financial year is the perfect time to get your financial affairs in order. Whether it’s tidying up your paperwork, assessing your portfolio or dealing with outstanding issues, there are plenty of practical actions you can take. Here are some strategies for starting the new financial year on the right foot. … Read more
Concerns leading up to the RBA’s decision on interest rates this month, along with the drama over the US debt ceiling, have affected local markets and the Australian dollar. The ASX200 ended the month nearly 3% down thanks also to weaker commodity prices. Please get in touch if you’d like assistance with your personal financial … Read more
As the end of financial year fast approaches, here are three main factors to keep in mind. By being prepared, particularly with your admin, having an awareness of what you can claim and considering any capital losses or gains, you will be well positioned to make the most of EOFY. Compile your records and receipts … Read more
Life is pretty frantic, and it is common to feel like it’s a struggle to keep up the pace. In fact, feeling exhausted is so common that it has its own acronym, TATT, which stands for “tired all the time”. While it’s somewhat comforting to know you’re not alone, it’s certainly not a nice feeling, … Read more
A surplus for now but stormy seas ahead Treasurer Jim Chalmers bills his 2023 Federal Budget as an economic strategy to help ease cost-of-living pressures. To that end, he has delivered a modest but welcome package of cuts to healthcare, housing and energy costs as well as boosts to welfare payments for single parents and … Read more
Having a career means so much more than just having a job and a regular income. Having a successful career can provide you with great satisfaction but it does require work to get to where you want to be and then sustained effort to continue to grow in your chosen field. It’s worth it though. … Read more
When life tosses up an unexpected event – such as retrenchment, a medical emergency or even just a big bill to fix the car – it can be nerve-wracking worrying about how to deal with the crisis. And, if funds are short, that just adds to the stress. But imagine that you have a secret … Read more
It’s no secret that scammers are getting more sophisticated. As this is an ever-evolving space, scammers are constantly developing new ways to part you with your hard-earned cash – and they cast their net wide. While it’s easy to think “it will never happen to me”, people who never expected to be victims of scams … Read more
