In July “peoples advocate” Super Consumers Australia (SCA) published new figures on how much money you need when you retire. They found that you can get by on far less than the existing guidelines suggest. If you own your own home, are part of a couple...
Written and accurate as at: May 19, 2022 A share market downturn can sometimes make even the most experienced investor feel uneasy. When you’ve worked hard for your money, seeing a drop in the value of your investments can be tough. Successful investing is as much about...
Written and accurate as at: May 12, 2022 Current Stats & Facts For many of us, the period just before the end of the financial year can be an important time to look at finances. Taking stock at this time is a great way to check-in...
Your home loan will likely be the largest debt you pay off in your lifetime, by taking a proactive approach you could free up cash flow sooner. [embed]https://www.youtube.com/watch?v=vhERSDZOJ1o[/embed]...
2022 Budget: The ‘Stronger Future For All Australians’ proposed measures On 29 March 2022, Treasurer Josh Frydenberg delivered the 2022-23 Federal Budget. We provide an overview of key proposed policy measures that may be relevant to you and your personal finances. Treasurer Josh Frydenberg delivered the 2022-23 Federal...
Written and accurate as at: Mar 15, 2022 Current Stats & Facts According to the latest ATO data*, at 30 June 2021, there were over 598,000 self-managed super funds (SMSFs) collectively holding $822 billion in super assets—and there were over 1.115 million members of SMSFs. While the above figures...
If you work casual or part-time, take time out of work, or have ‘lumpy’ income, it can mean periods where no super contributions are made. In this article, we discuss the carry-forward provision. Written and accurate as at: Feb 15, 2022 Current Stats & Facts Super can...
Written and accurate as at: Jan 13, 2022 Current Stats & Facts Reflection can be a useful tool when entering a new year and looking to build upon what you have already achieved towards your goal. Reflection can help identify present habits that are either aiding (desirable), or hindering...
Written and accurate as at: Dec 09, 2021 Current Stats & Facts Treasurer Frydenberg delivered the 2021-22 Budget on 11 May 2021. Notably, within the Budget papers were key proposed super measures, relevant to wealth accumulators and retirees alike.Of these measures, several encompassed changes to the Super Guarantee,...
Written and accurate as at: Nov 15, 2021 Current Stats & FactsAccording to 2016 Census data*, about 76% of over-65s are homeowners, while 12% are renters and 11% are in other tenure arrangements (eg living in a residential aged care facility or rent-free with family or friends). Notably,...
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