The lead-in to Christmas and the holiday period, whilst full of joy, can also have a significant impact on financial and holistic wellness. Two in five Australian workers are financially stressed. There are many drivers of this, some of which include our lack of financial direction,...
There are few things in today's world as certain as this. Ask anyone how they are and the answer you're likely to get is "I'm good. Busy. How are you?"
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As it becomes more and more difficult to break into the housing market, many families are considering the option of a guarantor home loan – generally used when parents provide their house as guarantee for a child’s loan. Basically, if you haven’t succeeded in saving enough...
Lines of credit can be very useful; however, you need to be careful regarding an evergreen set-up in which no repayments are needed and the interest is added on to the loan. Years ago that was a sound strategy for increasing your tax deductible debt. This...
The ATO wants to ensure that, when an SMSF has a significant majority of its investments in a single asset class, the trustees have considered, as part of the investment strategy, the risks which could arise from that limited diversification.
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What is financial wellness? How you feel, is your wellness. How you feel about your money is your financial wellness. This can be measured by the financial wellness index, which measures a person’s satisfaction with their current and future financial situation. Some days you might feel confident...
Under the current rules, the maximum amount of “concessional” superannuation contributions that can be claimed is $25,000.00 per person per annum.
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How much interest could this save you? It’s not rocket science, it’s simply a matter of making more repayments more often and making sure you’ve got the best mortgage for your situation. Of the millions of homeowners, only some are getting out from under mortgage...
The ATO has provided further instructions for SMSF trustees and directors around how they can prepare their funds for the advent of the myGovID system early next year.
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High life expectancy and low interest rates may make it harder for some retirees to live long and prosper. Here we look at three elements from an AMP Capital Investors reporti that affect a post-work reasonable income – interest rates, inflation, and longevity. 1. Interest rates - high...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.