There’s a common misperception that in order to start investing, you need a large initial sum and lots of time. Here’s why that’s a myth. Investing can seem like a daunting task, particularly for those who think they lack the time and resources to start. When Vanguard last year surveyed Australians on their attitudes and approaches […]
New rules coming into force on July 1 will create opportunities for older Australians to boost their retirement savings and younger Australians to build a home deposit, all within the tax-efficient superannuation system. Using the existing First Home Super Saver Scheme, people can now release up to $50,000 from their super account for a first […]
Consider superannuation as part of your overall investment portfolio. Vanguard did some research on Australian attitudes and approaches to investing in 2021 which found that the top barriers were insufficient funds to make an initial investment, and insufficient funds after paying day-to-day expenses. While the value of having a financial plan and a budget cannot be understated in addressing […]
For anyone hoping to buy their first home the challenge can be daunting. Saving for a first home deposit can take many months or years, and often coincides with many other competing demands for your money in the form of rent, car repayments, bills, and other living expenses. If children are part of your plans, […]
Do you find yourself drowning in random receipts when EOFY comes around? Learn to lodge your tax return the easy way with these last-minute and longer-term tax hacks. Tax paperwork is something few of us take in our stride. In fact, the majority of people hand over much of this responsibility to someone more qualified. […]
Billions of dollars in super contributions go unpaid every year. Here’s how you can find out if you’re getting paid what you’re owed and what you can do if you’re not. A while back, a mate of mine posted on social media that she was owed over $10,000 in super from a former employer, who […]
Both older and younger Australians, as well as low-income earners, are set to benefit from some upcoming super opportunities. From 1 July 2022, there will be some changes made to super to make it easier for people to grow their retirement savings. These changes will create opportunities for both older and younger Australians, as well […]
Clearly the growth rates in the Australian housing market, particularly in Sydney and Melbourne, peaked some time ago – March last year. But prices have mostly been still rising, albeit at a slower pace. National average property prices now look likely to peak around mid-year and then enter a cyclical downswing. There’s a number of […]
With war in Eastern Europe, inflation surging and Covid lockdowns inhibiting industrial production in parts of China, investment markets faced a rising tide of volatility over the past quarter. Yet while this may feel like the worst of times, it may really be that the 14 or so years since the GFC are the outlier […]
It’s an important question as prices rise around the world fuelled by soaring energy and commodity costs, supply chain constraints and a geopolitical retreat from globalisation. In Australia, headline inflation is expected to reach 5 per cent by the end of the year. And while that’s still low from an historical perspective, it is above […]