What is an emergency fund? An emergency fund is a financial safety net, offering you instant access to money when you need to cover the cost of unplanned expenses, like losing a job, unexpected travel or a medical emergency. This involves putting funds aside periodically so you can dip into this cash reserve without needing … Read more
Most people intend to retire between ages 65 and 66, according to the latest data and, surprisingly, despite growing superannuation balances, the Age Pension is the main source of income for many retirees.i The intended retirement age has increased significantly in the last two decades, from just over 62 years on average in 2004. Australian … Read more
Australian share prices have seen record highs in 2024 after a sluggish couple of years. The S&P ASX200 index added just under 7 per cent in the 10 months to October 31 closing at 8160.i It reached its previous all-time high of 8355 just two weeks before. So, if you were invested in an index … Read more
Which records to keep for your property so you can work out CGT when you sell it. Property records you should keep For your property, you should keep records of: your acquisition of the property and related expenses, such as purchase contract stamp duty legal fees settlement statement survey and valuation fees your disposal of … Read more
Deductions you can claim for the costs of earning interest, share dividends, or income from other investments. Interest income expenses You can claim a deduction for account-keeping fees you incur on an account held for investment purposes, such as bank accounts or income bonds. You will find these fees on your statements. If you have … Read more
Welcome to our first newsletter for 2025. We hope you enjoyed a well-deserved break and are ready for the year ahead. We kick off 2025, by exploring the impacts of the latest global upheaval and economic challenges that occurred throughout the year, along with the recent share market gains and strong super fund returns. Discover more … Read more
Key points – 2024 was another strong year for investors with shares up strongly on the back of better than feared growth & profits and global central banks cutting rates. Volatility was low and balanced growth super funds returned around 11%. – 2025 is likely to see positive returns but after the strong gains of … Read more
Welcome to our first newsletter for 2025. We hope you enjoyed a well-deserved break and are ready for the year ahead. We kick off 2025, by exploring the impacts of the latest global upheaval and economic challenges that occurred throughout the year, along with the recent share market gains and strong super fund returns. Discover more … Read more
Six ways to get more money into your superannuation fund. The start of the 2024-25 financial year on 1 July saw some significant changes come through designed to help working Australians get more money into their superannuation. Fundamentally they involved increases to the statutory amounts individuals can contribute into their super every financial year. The … Read more
Rising property prices have led many people to look for ways to unlock the increased equity in their homes so they enjoy a comfortable lifestyle in their golden years. For most of us, our homes represent the biggest or most significant portion of our wealth. But it’s an asset that can’t necessarily be realised quickly. … Read more
