The government now expects around $42 billion to be removed from the super system as a result of the early release scheme, having revised up its initial estimates of $27 billion at the start of the scheme.
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Older Australians who are looking to have a fruitful retirement have been advised to carefully consider timing, with a bad year early on in retirement having the potential to wreak havoc on future returns. According to a webinar hosted by Montgomery Investments founder and chief investment...
Australians are paying more for their home loan due to complacency, at a time when mortgage-holders need the savings the most, new research has shown. Survey data released by Canstar has shown that a quarter of mortgage-holders believe they are paying too much for their mortgage. A...
First home buyers are extremely optimistic about their property prospects despite the pandemic, with many aspiring to use the downturn to their advantage. According to the latest quarterly property sentiment report from ME, young first home buyers are looking far and wide for COVID-19 bargains. More than...
A deep dive into Australian insurance data has revealed the top reasons why Australians make claims against their life insurance, total and permanent disability cover and income protection insurance. It’s life insurance awareness week, and so the Financial Services Council has taken the opportunity to highlight...
According to Stanford Brown private wealth adviser Todd Stanford, the answer really depends on a few factors, and the answering of a few questions. Questions like: What is your net asset position now? Do you have the ability to save to add to your retirement capital?...
Stay on track with your professional development and help future-proof your career goals by upskilling. The latest figures released by the Australian Bureau of Statistics tell us that 2.7million Australians either lost their job or are grappling with reduced hours as a result of COVID-19 (coronavirus)....
Several new links have been added to the many already in this article, links that date back to the beginning of the COVID-19 pandemic. If you have any questions, or require further assistance, please send us an email or phone.
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For many people, the government’s COVID-19 (coronavirus) early release of super scheme has been a lifesaver, with the money accessed from retirement savings helping provide additional support at a time of economic uncertainty. In total, 1.81 million Australians have withdrawn $13.5 billion from super funds, at...
The Government has decided to extend a lower JobKeeper for a further six months (13 fortnights) from 28 September this year, with eligibility based on actual rather than projected turnover declines.
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He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.