Iron ore has been the backbone of the Australian economy and many investment portfolios for much of the 21st century. Export of the commodity saw Australia evade recession both in the wake of the Global Financial Crisis back in 2008 and the Covid epidemic. In 2021,...
Key takeaways The power of compound returns cannot be overstated, and the longer your funds have to grow, the better Spreading your investments across different asset classes, such as stocks, bonds, real estate, and international investments helps mitigate risks and...
It has been a wild ride for the Australian dollar since the Covid-19 pandemic struck and that could mean good news or bad news for your investment portfolio. In March 2020 the Aussie dipped below US58 cents for the first time in a decade. Since then, a high of just...
If you find a transaction in your account that you don’t recognise, it could be unauthorised or mistaken. If you think something is wrong, contact your bank as soon as possible. Signs of unauthorised and mistaken transactions An unauthorised transaction is when...
Key takeaways It’s hard to predict what your expenses will be when you retire, but knowing what your lifestyle costs are now, will provide a guide of what you’ll need to live off in retirement Next, determine the total amount of income you’ll need to live off...
What is a salary sacrifice arrangement? Salary sacrifice is an agreement with your employer to contribute a certain amount of your pre-tax salary or potential bonus into your super. The aim is to potentially reduce your tax and boost your super balance at the same...
