By Tony Kaye, Senior Personal Finance Writer, Vanguard Australia The Australian Tax Office has started full processing of 2020-21 income tax returns, and its objective was to start paying refunds from mid-July. As an investor it’s important to understand what information you need to record in your next income tax return, particularly in relation to … Read more
Housing affordability is a huge issue. Working out whether to jump onto the property ladder or continue renting can be a confusing decision. We’ll go through some of the pros and cons of both options to help you make an informed decision. Renting: the pros Frees up your savings By choosing the renting life over … Read more
Most people can choose which super fund they’d like their super contributions paid into. You can go with your employer’s fund or choose your own. To find out if you can choose your super fund, check with your employer. Your employer will give you a ‘standard choice form’ when you start a new job. This … Read more
By Robin Bowerman, Head of Corporate Affairs, Vanguard Australia Many Australians know that investing will always come with some level of risk, namely the potential to lose money. In a recent Vanguard report on Australian attitudes towards investing, 20 per cent of those surveyed cited “worry of making a bad investment” as a barrier to … Read more
By Tony Kaye, Senior Personal Finance Writer, Vanguard Australia Before you started reading this article, did you already do a check-up on your investment portfolio value? If you did, and do so just about every day, you’re certainly not alone. After all, it’s human nature to look regularly at what financial markets have been doing … Read more
By Tony Kaye, Senior Personal Finance Writer, Vanguard Australia Transfers of accumulated wealth from one generation to the next are part and parcel of everyday life. But the next 20 to 30 years will see the biggest intergenerational wealth handover in history. The largest part of this great wealth transfer will be between members of … Read more
By Tony Kaye, Senior Personal Finance Writer, Vanguard Australia You’re ready to start investing, but there’s a few things holding you back. Firstly, while you have a bit of money set aside, you don’t have a lot and you’re thinking it’s probably not enough to start off with. You also don’t know a lot about … Read more
By Tony Kaye, Senior Personal Finance Writer, Vanguard Australia The Federal Government announced in the May Budget that it is widening the scope of the scheme allowing eligible Australians to sell their home and put extra money into their superannuation. First introduced in the 2018-19 financial year, the “downsizer measure” has provided an opportunity for … Read more
Returning to work after maternity leave can be difficult and needs careful planning. Here are our tips to help make the transition much smoother. When considering childcare When you return to work, you might need to put your kids in childcare. This can be expensive, costing up to $140 a day, which is a big … Read more
Negatively gearing an investment property is viewed by many Australians as a tax effective way to get ahead. According to Treasury, more than 1.9 million people earned rental income in 2012-13 and of those about 1.3 million reported a net rental loss. So it was no surprise that many people were worried about how they … Read more