What will the upcoming election mean for taxation and superannuation?
With a federal election looming, some predicting as soon as May, it’s timely to consider some of the legislative changes being considered by the major parties that may impact on taxation of individuals and small businesses.Read Full Article
When scammers come back for more!
Scams and the numbers of those falling victim to them are increasing. This article explains what to do if targeted and explains another threat – follow-up scams.Read Full Article
Working from home – is it better for your lifestyle?
The increase in home-based businesses has been monumental in the past decade with now almost one million Australians earning an income from home.Read Full Article
How to make friends with your credit card
The pictures are enticing: ocean blues and hibiscus pinks; white beaches; nightclubs. For twenty-somethings, tropical holidays are rites of passage few can resist; fewer still can afford them – even if we think we can.Read Full Article
What is a market index and how might it affect your investments?
Investors who pay attention to the finance segment of the daily news may be gazing in awe at the performance of the US share market. Even taking into account the fall in early February, the Dow Jones Industrial Average has astounded veteran commentators worldwide with its monumental growth over the last 12 months. Meanwhile, the Australian All Ordinaries Index has yet to return to the height it enjoyed before the Global Financial Crisis at 6779.1 points.Read Full Article
Want to give away your assets? There are rules.
If it’s crossed your mind to look at ways to reduce the value of your total assets to be eligible to receive an age pension benefit, you should be very careful. There are strict rules governing what you can give away and when.Read Full Article
Managing the “suddenly” of “suddenly single”
Single women make up a growing demographic for many different reasons. Regardless of what stage of life you are in, sound financial advice and strategic planning can set you on the path to financial independence and reducing the negative impacts of becoming “suddenly single”.Read Full Article
Taking your credit card on holidays
Credit cards are part of our everyday lives, but as much as these bits of plastic can make our lives easier, they can also cause a lot of grief, particularly when we’re travelling.Read Full Article
How to protect your credit rating
If you think that being only a few days late making a payment on a loan doesn’t matter, think again. Even the smallest lapse could potentially affect your credit worthiness.Read Full Article
Lending money to friends or family – should you do it?
What would you do if a family member asked to borrow money – besides the less painful option of beating yourself over the head with a fence paling? You want to help, but you’re right to be wary.Read Full Article
Building your ‘Family Future Fund’
How much does it cost to raise a child? Obviously the answer is highly dependent on individual circumstances. However, as a guide, a 2013 national study found that a typical middle income family would spend about $812,000 on raising two children from birth to age 24. At that time child-raising costs were increasing at around 9% per annum, so it’s a reasonable estimate that these days the cost of getting two kids to the point where they’re ready to leave home (that’s not to say that they will) is closer to $1.1 million! And that’s a middle of the road figure.Read Full Article
7 tips to protect your identity
We are constantly hearing reports about the rise of personal fraud in Australia, but have you ever looked at the figures? The federal government’s website dedicated to monitoring and reporting scams, Scamwatch, tells us that there were 161,572 reports of Australians being scammed out of more than $89 million dollars in 2017!Read Full Article
The financial difference for women
Recent decades have seen huge gains made in the financial empowerment of women. However complete financial equality won’t happen soon and in some cases may be unattainable. So what are the areas where women lag financially, and when it comes to retirement planning, what can be done?Read Full Article