How you tackle your debts may make a big difference to what you pay in the long run. It’s not uncommon in Australia to have some form of debt, whether that be credit card debt, a personal loan, student tuition, car finance or a home loan. The good news is, certain debt can have its […]

Small savings can steadily grow without sacrificing the fun things in life. Get creative, set a goal and uncover easy ways to save in the long run. Like rolling out of bed to exercise first thing in the morning, sometimes the hardest thing about saving money is getting started. Once you’re in full swing, however, […]

Check out what you could do while you’re still earning an income and have time on your side, noting not everyone will be eligible for the government’s age pension when they retire. Many of us turn a bit of a blind eye to super. We know it’s there and we know it’s ours. We just […]

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 […]

If you’ve had interrupted income, or just haven’t been in a position to put as much into super as you’d like, catch-up concessional contributions may provide an opportunity to top up at a more convenient time. You won’t always be in a position to put money into your super. You might be taking time off […]

It’s fair to say that COVID took a toll on the working habits of Australians. Deep into lockdown and we were all getting slightly frayed around the edges. We knew we were all in this together. But we couldn’t help looking around and comparing our situation with those of friends and family in other walks […]

Key Points The banking system is the main channel through which monetary policy impacts the economy. Higher interest rates over the past year have negatively impacted lending and banking profits which increases bank funding costs and can lead to weaknesses in specific organisations with existing vulnerabilities (like overexposure to lending in a specific industry) which […]

Key Points Housing demand in Australia is rising quickly because of a surge in net overseas migration. However, housing supply is not lifting in line with demand because of high interest rates and issues in the residential construction industry. This is causing a housing shortage in Australia. The housing shortage is putting upward pressure on […]

As we age, we may require additional support to maintain our independence and quality of life. For many seniors, this can involve accessing home care services that help with daily tasks like cooking, cleaning, and personal care. One way to access more comprehensive home care services is by applying for a higher level home care […]

Preparing for loss of capacity or death is vital for SMSF members. It's important to ensure your trust deed is watertight. There are more than 600,000 self-managed superannuation funds (SMSFs) in Australia, managing close to $900 billion of assets on behalf of over a million Australians. Each SMSF’s trust deed is legally required to set […]