If you are surprised at how prices in cities and regional areas have risen even in the face of the social and economic havoc caused by COVID-19, you’re not alone. If you are thinking of buying property, you may even be a little concerned about what the current property market means for your buying decisions. Is timing everything, or is time in the market more important? Whether you’re a first...Read More
You've worked hard to build your retirement nest egg and now the time has come or is approaching for you to begin the "decumulation phase" — taking withdrawals in retirement to live off your accumulated assets. This can be a very exciting time in your life where you get to live out your retirement dreams....Read More
Did you know, you may be able to claim a tax deduction on certain super contributions when you do your tax return? Whether you’re employed, self-employed, or in some instances even unemployed or retired, you may be able to claim a tax deduction on certain after-tax super contributions you’ve made. These don’t include compulsory SG...Read More
When you're comparing things like insurance, credit cards and home loans, comparison websites can be helpful. But they have limitations and may not cover all your options. What to keep in mind They make money Comparison websites are businesses. They make money in different ways, for example: from sponsored links by showing sponsored links before...Read More
NFTs have been circulating in recent headlines, along with words like “blockchain” and “cryptocurrency”. You may have seen them parodied on the U.S. television show Saturday Live or heard them discussed on your favourite podcasts. So what’s all the hype? What’s an NFT What are you actually getting when you buy one What risks are...Read More
Whether you're looking to invest in property, renovate or pay off something big, borrowing against the equity in your home may be helpful, if you’re across the risks. The equity in your property can be a valuable resource, as it may allow you to borrow money to achieve your goals, whether they be investment or...Read More
Succession planning is common in the business world. Last week, the United States investment group Berkshire Hathaway announced the appointment to its board of Susan Buffett (68). She's the daughter of the company's billionaire founder Warren Buffett (91), who's still the chairman and chief executive. While it's unlikely Susan will succeed her father in those...Read More
In terms of gender equality, we’ve come a long way over the past few decades. Australian homes and workplaces are very different places than they were in previous generations. But there’s still a long way to go. When it comes to superannuation there isn’t a level playing field for Australian men and women. Before we...Read More
If you’re going to balance the future of your home or property on someone’s reliability to pay their own mortgage, make sure you’re across the risks. Nearly 40% of Aussies said it took them between two and five years to save for a deposit on a home, while 25% said it took them between five...Read More
Written by Tony Kaye, Senior Personal Finance Writer After months in lockdowns and living under tight restrictions, many Australians have gone on a “revenge spending” spree. Revenge spending is the term widely being used to describe how some people are taking out their revenge on the COVID-19 pandemic by spending money on things they haven’t...Read More
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