The Reserve Bank’s decision this month to cut the official interest rate to a record low 0.1 per cent was another wake-up call for Australians heavily reliant on income from savings, especially many retirees. A look...
You can get your super when you retire and reach your ‘preservation age’ — between 55 and 60, depending on when you were born. There are special circumstances where you can access your super early. Scam alert! Watch...
More than most, small business owners are responsible for ‘knowing their numbers’. But what happens when financial literacy is variable across the board? For many small business owners their day can be as colourful as a...
Many of us spend a great deal of time planning for our retirement but understandably, often do not put the same degree of effort into planning for our deaths. It is not always a pleasant...
The students of 2020 are graduating to the adult world in one of the most uncertain times in recent history amid recession, pandemic and global political tensions. The prospect of working, saving and investing is a...
A ‘transition to retirement’ (TTR) strategy lets you access some of your super and keep working. Setting this up can be complicated, so contact your super fund or financial adviser for advice. How transition to retirement works If...
Finding it hard to save money or stick to a budget? Working out a realistic budget is a great way to take control of your finances. Although it may seem like a chore, it’s an...
A sudden death can place financial stress on those who depend on you. If this happens, life cover can help them pay the bills and other living expenses. What is life cover Life cover is also called...
Depreciation is a key element of your investment property strategy. While depreciation tax breaks are higher on newer properties, they’re available for all types of investment properties. ‘The Successful Investor’s’ Michael Sloan explains how. How Do...
During these uncertain times, you might be nervous about your investments. It’s important to consider your long-term goals and make well-informed decisions. Here are some steps to take with your super or investments in shares to...