Heightened global markets volatility – as we’re experiencing right now – can easily trigger kneejerk reactions by panicked investors. Widespread selling, triggered by the Russia-Ukraine crisis, has been behind the recent big swings on global financial markets, including on stock markets, commodities markets, and currency markets. As serious as the current events are, heightened markets … Read more
One of the biggest things holding entrepreneurs back from making bigger, better decisions for their business is anxiety over making a bad choice. Here are five things all business owners should remember when it comes time to make a business-changing decision, writes former Flying Solo editor, Kelly Exeter. Few things cause more anxiety for business … Read more
The surge in house prices around Australia over the last two years has done little to quell the notion that getting on the property ladder is an increasingly difficult feat, particularly for younger investors. While higher interest rates expected this year may lead to less demand and a fall in house prices, property buyers are … Read more
Is the key to saving a home deposit as simple as giving up ‘smashed avo’? Well not quite. But spending less does make a difference. Here are some top ways you can control your spending to reach your savings goals so much quicker. Start by understanding your spend It can be easy to lose track … Read more
Starting a family, whether it be taking those first steps of planning or knowing your baby is on their way, is exciting – and expensive. Before you start thinking of paint colours for the nursery, it’s wise to understand the costs involved in raising a child. Knowing the costs While there’s no set cost to … Read more
How to start the aged care assessment process, understand the difference between the ACAT and RAS assessment service, know what is involved in the aged care assessment and the significance of this to getting the right level of aged care at home service. So often when talking to our clients, we hear busy adult children … Read more
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
Why go through the worry (and expense) of moving when you can turn your current place into your dream home? While renovations aren’t always stress-free (or cheap) there are some straightforward ways to finance your property’s facelift so it suits your post-pandemic lifestyle. The type of renovation you want and the budget you’ll need will … Read more
It’s a phenomenon widely being described as “the Great Resignation”. With many countries now having removed the tight operating restrictions they imposed on businesses during the COVID-19 pandemic, there’s been a quick ramp-up in economic activity. That ramp-up has spurred a surge in job vacancies around the world, and enticed record numbers of people to … Read more
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
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
If you’re already retired or on your way to retiring, have you been obsessively checking your portfolio balance and dreading the next piece of news that might cause it to dip further? Or have you been keeping up with the news as you usually do, but confident that your portfolio will largely weather the volatility … Read more