Achieving your long-term financial goals doesn’t need to be overwhelming. If you can put in place some basic financial steps, you are on the road to a successful outcome. It means keeping on top of your options and devising strategies for investment, debt reduction and risk protection. The start of the year is a perfect … Read more
The retirement living sector is growing rapidly in Australia as the population ages and demand increases for a spot in a retirement village. For many people, the idea of having someone on site to help with property and garden maintenance is enough for them to make what can be a major change later in life. … Read more
The many unpredictable events of 2024 could easily have been disastrous for investment markets. Instead, we saw remarkable resilience and growth despite occasional volatility as investors reacted to the extraordinary times. While economic growth in Australia and overseas was underwhelming, share markets rode out the ups and downs to finish 2024 strongly. 2024 was the … Read more
As we step into a new year, it’s a good opportunity to think about what we want to embrace and experience in the year to come. Amidst all the resolutions that might be broken before we know it, one powerful and positive way to approach the new year, is to make this the year of … 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
Ah, Christmas! – the time of year when your bank account shrinks, your social calendar explodes, and your family dynamics resemble a poorly scripted soap opera. As we navigate this festive minefield of shopping, social gatherings, and feasting, it’s common to feel a little frazzled. In fact, research has found that the holiday season is … Read more
At this time of year, when giving is particularly on our minds, some might turn their attention to how best share their wealth or an unexpected windfall with their loved ones. You might be thinking about handing over a lump sum to help them with a major purchase or business opportunity, or be keen to … 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
Stay up to date with what’s happened in the Australian economy and markets over the past month. While headline inflation eased to 2.8% in the September quarter, the RBA appears cautious on interest rates. The RBA Governor stated that Australia’s core inflation remains too elevated to justify interest rate cuts in the near term. The … Read more
There is no debate that Australians love investing in property. The value of Australian residential real estate at the end of August 2024 was an estimated $10.95 trillion.i Some love it so much that they believe property is a better option for providing a retirement income. They see a bricks and mortar investment as a … Read more
For those who are wanting to get started on the homebuying journey, going it alone can have its challenges compared to a couple but there are ways to make flying solo easier. As a solo buyer, even just saving up for a deposit can feel like scaling Mount Everest without a rope. Without the benefit … Read more
As parents, the instinct to support our children never truly fades, even when they become adults but when you are looking at giving them a financial helping hand there is a bit to consider. It’s important to ensure any support you provide is not at the expense of your financial future. It can also be … Read more