There are only certain people who can inherit your super when you die. There are also two different types of nominations you can make. Here’s what you need to know before making your super beneficiary nomination. Continue reading →
As the Coronavirus continues to spread, many people are naturally fearful for their health, their livelihoods and those they care for. During times of great uncertainty, it’s natural to be anxious however it’s also important to keep things in perspective. Continue reading →
In recent weeks, investment markets around the world have experienced significant volatility as investors try to assess the impact of the coronavirus (COVID-19) outbreak – an event that no-one anticipated for 2020.
Have you received an unexpected email or text asking you to ‘confirm’ personal details by clicking on a link or opening an attachment? It could be an attempt to steal your information for financial gain. Identity theft is on the Continue reading →
The blanket coverage of coronavirus and its impact on the economy can lead to a lot of confusion. Some reports are hopeful of anti-viral drugs, others say a vaccine is at least a year away. There is talk of Continue reading →
In addition to the terrible health consequences, the coronavirus is having a massive impact on global economies and the way we live, work, and interact with each other. Loss of income and uncertainty about the future can place a great Continue reading →
Is Coronavirus driving a recession, depression or an economic hit like no other? Key points: • Global share markets have fallen into a bear market, but whether this turns out to be long or short depends on how long the Continue reading →
If you’re looking for inspiration this year, we’ve rounded up six podcasts to help you flip your thinking on your 2020 plans, whatever they look like for you. From money know-how to new skills to strategies for facing fears, these Continue reading →
It may not be something you think about much. It
may even make you uncomfortable to examine the way you manage money and think
about whether you’d be able to cope if you suffer a significant financial setback.
But your Continue reading →
Following the enactment of legislation in late 2019, the ATO can disclose certain business tax debt information to external credit reporting bureaus. This information will primarily be used when issuing external creditworthiness reports in relation to relevant businesses, effectively treating Continue reading →
The ATO has revealed it will request a further five years’ worth of policy information from over 30 insurance companies about taxpayers who own marine vessels, thoroughbred horses, fine art, high value motor vehicles and aircraft.
Funny thing, money. On the one hand it can get us excited or
give us a real sense of achievement (think reaching a savings goal). On the
other hand, it’s something we tend to keep to ourselves. Whether our finances Continue reading →
It’s the getaway you take when a getaway’s out of the
question – the staycation. Whether it’s venturing out locally and returning
each evening, or taking a few nights to explore places within driving distance
of home, the staycation is Continue reading →
If it is indeed better to give than to receive, then Australians are a happy lot. According to the Financial Planning Association of Australia, 85% of us find more joy in giving gifts to others than in getting them ourselves. Continue reading →
Picture the scene. You’ve moved past the honeymoon period of a new relationship and you think this could finally be the one.
You’re starting to think about the medium-term future and setting up your lives together.
So you’re at your Continue reading →
Parents and guardians want to send children out into the world armed with the skills and knowledge they need to succeed. So we talk to them about the birds and the bees, we teach them to catch a ball and Continue reading →
When you access your super at retirement your super fund may
ask you to sign a declaration stating that you intend to never be employed
again. But there may be compelling reasons why someone would subsequently
return to work.
In the 21st century era of digital transformation, being
able to browse, choose and pay for our purchases anywhere, anytime has taken
shopping to a whole new level. The way we consume and spend has changed dramatically
as a result. Continue reading →
Estimates of the size of the sustainable investment market
vary from around $23 trillion to almost $31 trillion, with responsible
investment taking into account environmental, social and governance (ESG)
factors in investment decisions, whereas ethical investing being more of a Continue reading →
If you’ve taken a look at your finances recently, you may
have found yourself with a few debts. While it’s possible to pay them off by
simply keeping up your minimum repayments, you may want to get them sorted
quicker. Continue reading →
Many of us like to keep an eye on our superannuation
balance. It’s only natural, as we all want to retire in relative comfort, and
for many people super is their second largest asset, after their family home.
Is sticking to a budget the money magic wand that can sort
out your finances, once and for all? Discover what budgeting can and can’t do
for you and how to turn new budget habits into positive lifestyle changes.
When share markets fall, every investor has a different
emotional response. Some investors get anxious and sell up at the first drop in
value, whereas others are happy to ride out short term fluctuations to realise
the long-term benefits of Continue reading →
While the count continues to confirm whether the Coalition
will hold a majority it is now clear that the Coalition will form Government.
As such it may be an opportune time to review some of the major positions that
the Continue reading →
Having more money should
make us happier right? According to a number of different research reports,
feeling good about life comes from a feeling of control over your finances,
rather than how much money you have.
In an ideal world, we’d retire from
work when we felt like it, free to travel the world, take up a new interest or
just relax. But, many women don’t have that luxury. They are living longer than
men but Continue reading →
Ready to take
the plunge and buy your first home? Make sure you know exactly what to expect
from the home buying process with our simple step-by-step guide, covering
everything from making an offer to moving in.
Being open about money is pretty important in a successful relationship. Secret spending and other forms of financial infidelity can become issues serious enough to threaten your whole relationship. Working towards shared financial goals, on the Continue reading →
discover the life changing magic of simplifying your money management? Taking
the lead from minimalism guru Marie Kondo, we bring you a step-by-step guide to
applying decluttering principles to your finances.
The final report of the Hayne Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry contains 76 recommendations all of which the Federal Government and Labor say they will support and implement.
Everyone has a different life journey they’re on. But getting on top of key financial goals as you follow your own path could see you enjoying a more comfortable lifestyle and being ready for the next chapter to begin. Read Continue reading →
Faced with average lower earnings, possible time out from the workforce to raise children, and longer life expectancy, it can be a struggle for women to save enough money in their super. According to the 2017 HILDA survey, Australian Continue reading →
With recent media coverage about insurance sales tactics, many Aussies might be concerned they’re being sold personal insurance policies – life, total and permanent disablement (TPD) and income protection – they don’t really need.
It’s understandable that the recent sharp sell-off on financial markets has left investors feeling particularly nervous. The main concern has been the US Federal Reserve’s shift in monetary policy from low rates and printing money to rising rates and the Continue reading →
Aussies may have a natural reserve when it comes to talking money. But as parents, teaching our kids to be financially aware and responsible takes more than a few quick lessons about money and the opportunities and pitfalls it can Continue reading →
There’s a staggering amount of superannuation that may never find its way to the people who should be spending it in their retirement years. According to ATO figures, there’s approximately $12 billion in unclaimed super in their coffers. That’s a Continue reading →
The Australian economy grew solidly over the last year.
While recession remains very unlikely, the combination of a slowing housing cycle, constraints on consumer spending and still subdued business investment will likely see growth slow going forward to Continue reading →
In the later stages of life, many seniors want to stay independent for as long as possible, but there usually comes a time when they need more support. So how can you do more for your parents to keep them Continue reading →
With self-managed super funds (SMSFs) permitted to have up to four members, it may be a surprise for some to learn that approximately 70% of SMSFs have only two members and about a further 23% only have one. Which Continue reading →
It’s a common enough scenario facing many older Australians: you find yourself living alone, due to divorce or the death of a partner, and the kids have moved away – often interstate or overseas – leaving you with no close Continue reading →
Memory loss in your later years can be difficult, emotionally as well as financially. That’s why having a conversation with your loved ones, or devising a plan early on, could broaden your Continue reading →