Find out how to save money every day and make a savings plan to stay on track. Separate and automate your savings An online savings account is a great way to grow your money faster. Unlike a transaction account, you can’t spend money directly from a savings account, so it’s harder to dip into your savings. Automate … Read more
What is the First Home Owner Grant? The FHOG was introduced by the Federal Government in 2000 to assist first home buyers with purchasing a home. Since then, the rules around it have repeatedly changed. While the FHOG is a national scheme, it’s funded by the states and territories—and administered by each of them individually. … Read more
Take some of the guesswork out of planning for the future. Work out how much super you’ll have when you retire, and if it will be enough to fund the lifestyle you want. It’s never too soon to start planning for a better financial future. Estimate how much super you’ll have You probably know how … Read more
The amount of super savings that can be transferred into a retirement pension account increased from $1.7 million to $1.9 million on 1 July this year, but not for everyone. From 1 July 2023, this limit (known as the general transfer balance cap) increased to $1.9 million. While this is good news for some, the … Read more
A mortgage is a long-term commitment, which many people enter with a ‘set and forget’ mentality. Most loans are around 30 years – during which many things can change, not just in your personal circumstances but in the financial world, with the new loan products and fluctuations in interest rates. If you haven’t reviewed your … Read more
It is a special feeling to welcome a new child or grandchild into the world and watch them grow. Sharing their joy as they reach new milestones is priceless. Of course, there is a real cost – raising a child is expensive, particularly now as the cost-of-living spirals higher. Estimates vary widely from the few … Read more
As retirement comes into view, it’s time to imagine a new you for the post-work age. You remember your first day at school, your first job, your first home. And now your final pay check is in sight. You’re nearly there. That’s quite an achievement. How to be trigger happy As with other big life … Read more
When you run your own business a good retirement plan can bring real peace of mind. Read more about your options – and why it’s never too early to start. Planning your retirement When you’re busy running your own business retiring could be the last thing on your mind. But planning your retirement well in … Read more
Ensuring you’ve structured your finances tax-effectively is always a concern, but with new tax rules for super on the horizon, many people with large balances are considering alternative vehicles to save for retirement. Unsurprisingly, this has sparked a renewed interest in an old favourite – trusts. Trusts have always been popular in Australia, with the … Read more
Did you know you can claim a tax deduction on certain super contributions when you do your tax return? Whether you’re employed, self-employed, unemployed or retired, you might be eligible to claim a tax deduction on your after-tax super contributions. After-tax super contributions are voluntary payments made into your super and don’t include compulsory superannuation guarantee or salary … Read more
When looking into the financial elements associated with planning for aged care, there is a lot of information out there which can be confusing. With this in mind, it’s important to have your questions answered by those who are experts in finance specialising in the aged care industry. These experts will look at your unique … Read more
What’s a debt consolidation loan? A debt consolidation loan is a way to combine all your debts – credit card, personal loans, store card etc. – into one loan so you’ll be making repayments in one place. It means that you can take a breath and take back some control. It also means no multiple annual fees, … Read more
