Important Super Changes

Changes to super guarantee from 1 July 2022 will benefit casual and part time employees It has been a long time coming, but the $450 monthly minimum wage for Super Guarantee contributions has finally been abolished, starting 1 July 2022. This means employers will be required to make super contributions for all employees, including casual … Read more

Behind the Reserve Bank’s interest rate hike

The Reserve Bank of Australia’s decision to increase its official interest rate for the first time in more than a decade had been widely expected. The only so-called unknown was exactly when the RBA would move its cash rate higher. The cash rate is the set interest rate applied to unsecured overnight loans between banks … Read more

Investing and tax

Lower tax on your investments can help you reach your financial goals sooner. But don’t choose an investment based on tax benefits alone. How investment income is taxed You need to include investment income in your tax return. This includes what you earn in: interest dividends rent managed funds distributions capital gains from property, shares … Read more

Should I pay off my home loan or invest in more assets?

Being close to paying off your home loan is an enviable position. If you’re wondering what to do next, we discuss some benefits of investing further versus being mortgage free. Your mortgage, your super or your investments It’s tempting to pay off your mortgage as quickly as possible. But what about investing? Building your wealth by paying … Read more

Sharing super a win-win for couples

Australia’s superannuation system is based on individual accounts, with men and women treated equally. But that’s where equality ends. It’s a simple fact that women generally retire with much less super than men. The latest figures show women aged 60-64 have an average super balance of $289,179, almost 25 per cent less than men the … Read more

Yes, you can change your money mindset for the better

Ever wondered why you keep buying things you don’t need with money you don’t have? Why you can’t seem to save even though you’re earning a decent wage? Or why you’ve just never got around to investing, despite your rational brain saying it’s the sensible thing to do? If this is you, or someone you … Read more

Where Can I Find Retirement Villages in the Country?

Do you dream of retiring in the country? Do you feel it’s time to leave the rat race behind and get among the fresh air, great outdoors and tight-knit community country towns are renowned for? Many retirees decide to move to country areas so they can enjoy a slower pace of life during their golden … Read more

A closer look at shares

Why buy shares? When people talk about investing in shares (or stocks), they’re usually referring to common shares. These kinds of shares give you the opportunity to join in the success of public companies listed on the Australian Stock Exchange, and as such, they’re an investment that can really grow your investment portfolio. Because you’re a … Read more

5 things to consider before investing

Key takeaways One of the main things to consider before investing is having a plan – consider your investment goals including when and how you want to achieve them Identify the timeframe you’re giving yourself to build your financial goals and how much risk you’re prepared to take on  There are many ways you can … Read more