One of the biggest challenges first home buyers face at present is saving for a decent deposit. While there are definitely some advantages to buying as a couple compared to on your own, pooling your savings for a deposit can put a strain on even the most solid...
Key takeaways: One of the key principles of successful investing is to adopt a long-term perspective and remain committed to your investment strategy By spreading your investments across various asset classes, sectors, and geographical regions, you can reduce the...
Preparing to retire is emotional and practical. Making a retirement plan can help you manage your finances, and cope better as your life and priorities change. Make a retirement plan Your retirement plan can be simple or detailed. Include: Timing — when you want to...
Why invest in property? What makes this such a popular option? You can earn rental income plus benefit from capital growth. What’s different for investors vs. homeowners? Stamp duty If you’re an investor you’ll also pay stamp duty, which varies, depending on your...
Key takeaways A transition to retirement income streams enables you access your super before you retire, once you’ve reached your preservation age—between 55 and 60 depending on your date of birth It can be used to reduce your work hours while maintaining the same...
Key points: The Intergenerational Report 2023 released by Treasury gave Australians insight into the national economy from 2023 until 2062 – 2063 The care and support sector and its workforce were projected to double over the next 40 years The paid workforce...
