Category Archives: investing
Pension Changes January 2017 – Will you be affected.
Over the coming months Centrelink Australia wide will be forwarded notifications to current part pensioners advising them that from 1st of January 2017 their pension payments will be affected due to the new taper rates. Assets Test thresholds above which Age Pension entitlements start to reduce will be increased from 1 January 2017. For some…
How To Achieve Financial Success
What does financial success look like to you? Financial success will look different for everybody: for some, being able to retire early is success, while for others building a business represents success. Whatever your ultimate goal, the steps to getting there look the same and can be applied across many goals. What does financial success…
Financial Steps To Take Before 40
So you are about to turn 40. Before you start thinking about a midlife crisis, sports car, golf tour or cruise around the world, let’s take a look at the financial steps you should take before you turn the big 4-0. You’ve probably got about twenty years of work behind you, and perhaps twenty years…
How To Manage Your Debt
The phone keeps ringing and you’re scared to answer it, because your debts have piled up to the point where you don’t know what to do about it anymore. It’s an understandable fear, but there’s no need to feel like you’ve lost control. There are ways of managing your debts, and ways in which you…
11 Things To Do Before You Head Off In Your Caravan
So you’re thinking of hitting the open road and escaping reality for a while. You’ve decided that now’s the time to explore our great country from top to bottom. It’s a dream shared by many Australians and common among those who have just retired and have the time to do the trip. You may think…
How Do I Budget?
So you know you need to work out what your budget is – because otherwise how do you know what you are earning and spending? Or you have gotten yourself into a bit of financial strife and need to budget to get yourself out of it. For whatever reason you need to budget, we think…
Interest Rate Cuts: What You Need To Know
Interest rates have fallen to a new low today as the Reserve Bank sought to remedy surprisingly weak inflation data. Reserve Bank has slashed the official interest rate to a new historic low today of 1.75 per cent, with at least one major bank to pass on the cut in full. “While the quarterly data…
Why The Big Banks Are Facing Customer Revolt
The four big banks of Australia are facing a growing revolt from customers, regulators and the government. Is it deserved? The government says that the regulators – ASIC and APRA – have sufficient authority to regulate the conduct of the banks. But the Opposition says that those organisations are hamstrung by funding cuts. Amidst some…
Property Investment: The Truth
Have you ever had someone say to you that you’ll never lose on property or that a property investment is safe as houses? Kate and Matt Moloney are a twenty-something couple originally from country Victoria. They built an $8.5 million property empire, generating $570,000 a year in rental income, in just three years. In 2012, Kate and Matt…
Financial Advice You Wish You’d Known in Your 20’s
What financial advice do you wish you’d known in your 20’s? We don’t yet have crystal balls or time-travelling machines, so we can only take the financial advice of those who have already been there before us. We also include some tips for making sure that you don’t make common money mistakes. Financial advice I…