The new cost of being comfortable

Compare principal and interest and interest-only home loans

Finding out which home loan is right for you depends on your personal situation. Are you looking for a home loan to buy your first home, update your current one or as an investment in retirement? Are you confused by all the jargon and what type of home loan is right for you? We delve…

Working after kids – is it worth it?

To work, or not to work? That is the question many Australian women (and some men) have to consider after having children. Sadly, both options can have long-term negative financial consequences. While it would seem obvious that not working is likely to set your bank balance back, going back to work can also be costly….

Millions but not all to benefit from 2017 super changes

With changes to super now in effect, numerous Australians will get a leg up, many being low-income earners. According to the Association of Superannuation Funds of Australia (ASFA), more than four million Australians will benefit from the super changes that came into effect on 1 July 2017. The industry body said while many would be…

Don’t be driven by short-term sentiment and emotion

Arguably, the most common fear holding an investor back from achieving a great return is a misunderstanding of what happens when markets fall (as they invariably do). In order to use fear to our advantage, we would be well served to seek to understand the following three principles around shares and their value: A share…

The clock is ticking on major changes to superannuation that come into force on 1 July 2017.

The changes are wide-ranging and are likely to affect everyone’s retirement savings. But it can pay to plan ahead both to take advantage of the existing rules, and to make the most of the new super landscape. Here are some of the major changes and how they may affect you. New limits on non-concessional contributions…

Should you lend money to family?

You’re probably fairly used to helping your family out with a little extra cash here and there. Whether it’s pocket money for doing chores, or money to pay phone bills, go see a movie or buy clothes, for example. But what happens when they put their hands out for help to buy the big ticket…

Don’t let your emotions get in the way of smart investing

It’s often said that the share market is driven by two emotions – fear and greed. While this might be an over simplification, it helps to explain investor behaviour and why so many people are unsuccessful at investing. Emotional investing refers to the way in which investors have a tendency to make investment decisions based…

Your options in aged care explained

With multiple avenues to explore, thinking about aged care earlier rather than later could provide you or your loved one with greater flexibility. It’s possible that in the future you, or someone close to you, may need some form of care or daily living assistance. With lots of information to sift through and the conversation…

Federal Budget 2017: Overview and what this could mean for you

Snapshot On Tuesday 9 May, the Federal Government handed down its Budget for the 2017–18 financial year. According to Federal Treasurer Scott Morrison, this year’s Budget is founded on the principles of fairness, security and opportunity. Mr Morrison claims that the government’s proposed measures will raise almost $21 billion in revenue over the next four…

How To Cope With Losing Independence

If you or a loved one is experiencing a loss of independence, you may be able to maintain a sense of control. Few, if any of us, look forward to losing independence. In fact, research reveals that 75% of older people feared losing independence while only 29% feared dying. It also revealed that 44% were…