Key takeaways You can access your super if you’ve reached your preservation age and declare that you’re retired Other ways that make you eligible to access your super include taking on a transition to retirement pension, stopping work or if you’re 65 or older There are unique circumstances where you may be able to access … Read more
Prices for property, cryptocurrencies and shares have all hit records recently. While great news for investors, there’s always a risk that some people will jump into the market because they are afraid of missing out on easy money. FOMO, or the fear of missing out, has always been around on financial markets, but social media … Read more
When was the last time you looked closely at your loan, the progress you are making on paying it off and how it compares to others in the market? Analysing your mortgage could mean savings for you, as well as the opportunity to pay it off more quickly, invest in other assets or reach financial … Read more
Key takeaways If you’re a first-home buyer, you can put a little extra money into your super and then access this money, as well as a set investment return, to put towards a home deposit When you’re ready to buy, you can apply to withdraw a maximum of $30,000 ($60,000 for couples) from your super … Read more
If you‘re planning to sell your business in the future, start taking action as soon as possible. You’ll need time to implement the changes that will improve the market value of your business and help you get the price you want. Growth strategies Thinking of selling your business in five to 10 years? It’s worth … Read more
Two steps forward, one step back For the second year running, the pandemic was the focus for policy makers, markets, businesses, and individuals alike. The year began with hopes that the rollout of vaccines would stem the spread of COVID-19 and allow economies to reopen. Instead, most countries were hit by wave after wave of … Read more
Key takeaways The tax you pay on super is lower–for most people–than the tax you would pay on your regular income Generally, your super contributions are taxed at a rate of 15% which is deducted by your super fund If you’re retired and accessing your super as a retirement pension, your investment earnings will not … Read more
Owing money or falling behind on repayments can be stressful. The good news is there are steps you can take to relieve the financial pressure. If you’re in crisis and struggling to buy food and pay for essentials, see urgent help with money. 1. Know what you owe The first step is to get a clear … Read more
The basis of a good renovation budget is setting a realistic one in the first place. Once you do that, you may need a little help sticking to it. Here are a few pointers to help you on your way. Learn the budgeting basics If you’re a complete novice, or simply not very disciplined, now … Read more
