When can I access my super?

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

Investing on facts not FOMO

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

How To Pay Off Your Mortgage Faster

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

First Home Super Saver scheme explained

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

2021 Year in Review

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

How superannuation is taxed

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

Get debt under control

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