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Catch-up on the latest news, events and financial information.
Some love it so much that they believe property is a better option for providing a retirement income. They see a bricks and mortar investment as a more tangible and solid approach than say, superannuation, preferring to take their super […]
Read moreWith income protection insurance, you can be paid some 70 per cent of your income for a specified period to help when you cannot work.i The most common claims are for illnesses such as cancer, heart attack, anxiety and depression.ii Payments […]
Read moreYou also have a host of choices to make when it comes to funding your new life away from paid work. Here are four different options to consider.i Account-Based Pension An account-based pension (ABP) using your superannuation is one of […]
Read moreThe latest data demonstrates property’s popularity. One-in-five households (21%) owns a home in addition to their usual residence.i Maximising taxation benefits is one key element but the ATO recently found 9 out of 10 returns were incorrect, so it’s essential […]
Read moreTopping up super One important item for the To Do list is to top up your super with either concessional (pre-tax) or non-concessional (post-tax) contributions. For example, you could make a voluntary concessional contribution up to the limit allowed and […]
Read moreIn March 2020 the Aussie dipped below US58 cents for the first time in a decade. Since then, a high of just over US77 cents in 2021 has been followed by a rollercoaster ride, mostly downhill. In October 2022 the […]
Read moreIn fact, the value of inheritances as well as gifts to family and friends has doubled over the past two decades.i A 2021 Productivity Commission report found that $120 billion was passed on in 2018 and that amount is expected to grow […]
Read moreIn fact, many young people would like to know more about money, according to a Young People and Money survey by the Australian Securities and Investments Commission MoneySmart website. The survey found more than half of the 15-21-year-olds surveyed were interested in […]
Read moreAmid calls for more affordable infant formula options here, supermarket chain Sheng Siong launched a new formula milk range from Australia, priced between $25.50 and $29.50 for a 900g tin, on Thursday (Aug 24). The formula is manufactured by Nature […]
Read moreThe 2016-17 financial year is your last opportunity to make a non-concessional (after tax) contribution of up to $180,000 to your super account, or as much as $540,000 under the ‘bring forward’ rule. This rule allows people under age 65 […]
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