5 common financial mistakes people make in their 40s

By admin • February 25th, 2019
The 40s are, for many people, a critical decade for building wealth. Income is usually on the rise, but so are expenses such as mortgages and school fees. Juggling priorities can be a real challenge, and mistakes made in this stage of life can have a large bearing on the size of your future fortune. […]

Best practice online security

By admin • December 4th, 2018
WHAT YOU NEED TO KNOW In order to ensure best practice security standards to protect the online communications between the financial institution and you about your personal information between, both parties have important and significant roles to play at each step of the way when you use their online services. These steps and the respective […]

Entering the investment property market

By admin • December 4th, 2018
Purchasing a property for investment purposes can involve a different set of considerations compared to purchasing a home to live in. Here are some tips to get you started. Which rental market? First, decide if your property will cater for the budget rental market, mid-level rentals or the executive market. While the “executive” end of […]

What will you do with your tax refund?

By admin • December 4th, 2018
Thousands of Australians receive tax refunds every year. Some refunds won’t even cover the cost of a pizza to celebrate, however many are quite substantial. If you’re one of the lucky ones, what will you do with your tax windfall? If you go out and spend it, all you’re doing is giving part of it […]

Is a DIY Will kit enough?

By admin • December 4th, 2018
More than 45% of Australians don’t have a valid Will. If you die without one, your hardearned wealth (your estate) will be distributed according to the rules of intestacy – a government-determined formula. That may not divide your estate as you would like, and if your family consists only of distant relatives your assets could […]

Getting more out of income protection insurance

By admin • December 4th, 2018
If you’re working and haven’t yet reached the point of financial independence, then income protection insurance should be on your radar. As the name implies, it can help you protect your greatest asset – the ability to earn an income. At the heart of all income protection policies is the promise to pay the policy […]

Downsize your home, upsize your super

By admin • December 4th, 2018
Over 65? Thinking of selling your home? From 1 July 2018 you may be able to contribute up to $300,000 ($600,000 for a couple) from the proceeds of the sale of your home to your superannuation fund. This incentive, known as the ‘downsizer contribution’, is part of a federal government program to improve housing affordability. […]

Transitioning into retirement

By admin • December 4th, 2018
If you’re nearing retirement age but don’t want to stop work entirely, another option might be to transition into retirement by accessing some of your accumulated superannuation. For those over 60, Transition to Retirement (TTR) pensions are tax-free and TTR strategies can provide a number of benefits. Let’s look at some options available to 62- […]