According to new research by consumer education website CreditSmart, more than 40 per cent of surveyed Australians said they would rely on credit to help them with their festive budget blowout this year. Asked whether they are likely to spend more than they budgeted for this...
Gift giving is one of life’s joys, until the credit card bill comes through. According to a recent Financial Planning Association of Australia report, 85% of us find more joy in giving gifts to others than in getting them ourselves. Though we love the sound...
As retirement comes into view, it’s time to imagine a new you for the post-work age. You remember your first day at school, your first job, your first home. And now your final pay check is in sight. That’s quite an achievement. As with other big life...
An offset account is a bank account linked to your home loan. Rather than accumulating interest within the account, the money in the offset account is offset daily against your mortgage, reducing the interest payable on your mortgage. For example, if you have $20,000 in your...
Keeping up-to-date with this data will brighten up anyone's day.
...
Home buyers and real estate investors are being warned to watch out for the hidden traps that may be lurking in their potential purchases. Leaky showers, cracked ceilings and self-opening doors and among the signs pointing to bigger and more costly “nasty surprises”, the Association of...
Our financial priorities tend to change as we move through life The good news from AMP’s 2018 Financial Wellness Index is that only 7% of Australian retirees aged 65 or over report being stressed about money. So if you’re feeling the pinch earlier in life there is...
The Retirement Income Review questioned if consumers understand the end purpose of the retirement system and if more needs to be done to make it clearer.
...
If you’re losing sleep over looming bills, scared to check your bank balance before payday, or feeling stretched living week to week, these may be signs that your financial health is negatively impacting on your personal health, writes Bryan Lee. The first step to taking back...
Learn more about the latest super reforms and what they could mean for you. Putting Members’ Interests First legislation Putting Members’ Interests First (PMIF) law was passed in September 2019. It aims to prevent certain people being charged for insurance inside their super that they may not...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.