Market and Economic overview Australia As anticipated, the Reserve Bank of Australia (RBA) left domestic interest rates on hold a 1.50%. Official borrowing costs have been at this level since August 2016 – the longest period that Australian interest rates have remained unchanged. CPI data confirmed that inflation ran at an annual pace of 1.9% […]

Investing in markets means volatility. When done well, you are getting paid for taking on risk. So why is it that sharp drops in the market have such a visceral impact on us? We only have to go back to early February, when markets dropped 4.6% in a few days to recall such a time […]

There is no doubt that interest in responsible investments is growing. Not only in Australia but globally, investors are increasingly interested in how a company makes its money not simply how much it makes. Whilst some investors may focus on the longer-term viability of a company and its behaviour, others may hold particular values they […]

After working hard for so many years, naturally you want your retirement to be as comfortable and enjoyable as possible. That’s why it’s worth knowing which types of government support you may be entitled to when you’re transitioning into this new phase of life. If you’ve been putting money into super throughout your working years, […]

Changes in the superannuation contribution caps, which kicked-in last year, give an added reason to keep a close eye on your contributions. From 1 July 2017, the concessional (before tax) contributions cap was reset to $25,000 for everyone (irrespective of age). For those earning a salary in excess of $210,000 or more – the compulsory […]

Self-Managed Super Fund (SMSF) trustees often ask themselves, “What is the right mix of investments for my SMSF?” It’s a very common question, and one that will need to consider individual preference and the time until retirement. The answer will not be the same for everyone, even for members within the same SMSF. The ‘right’ […]

If you’ve heard the term ‘pension’ being thrown around, you may have picked up that there are many types of pensions available in Australia. We explain the difference between three commonly used pensions, including the government’s Age Pension, a transition to retirement pension, and an account-based (or allocated) pension, so you’re across how they work […]

A host of apps are available to help you easily answer that question and even budget better, so you don’t get caught short in the event of a ‘rainy day’ and can feel more comfortable and in control of your finances every day. The best place to start is with your bank. Most major Australian […]

It’s a common enough scenario facing many older Australians: you find yourself living alone with no close family nearby.

Changes aimed at improving housing affordability have passed through parliament. See what the new rules could mean for you.