News

Use the new First Home Super Saver Scheme (FHSS) to save your first home deposit faster If you’re saving for a deposit on your first home, the Federal Government’s First Home Super Saver Scheme (FHSS) could help you reach your target sooner, by allowing you to save...

Key takeaways One of the most popular side hustles that has emerged in recent years is a food delivery driver or ride service, such as Uber. These are simple to sign up for and require minimal investment If you have good communication skills and the ability to follow...

Bonds can play an important role in investment portfolios, but what exactly are they, what are their benefits, and how do you invest in them?  What are bonds? Bonds are a type of investment security that enable investors to lend their money to a bond issuer for a set...

The thought of retirement is an enticing one for many of us. Imagine throwing off the shackles of the workforce and being able to do whatever you want, whenever you want. But why wait until you are retired to do the things you love?  Retirement is a time where we...

The “painful squeeze” for Australian consumers Australians are experiencing tough times.  Every trip to the supermarket leaves us leaner and poorer in terms of our purchasing power. The $20 note barely covers a bottle of milk, a loaf of bread and a carton of eggs....

The ranks of young Australian investors have swelled over the last two years. And many have very different investment objectives and strategies to older investors. Young Australian investors aged 18 to 24 are likely to be more risk averse than their older counterparts...

Did you know it’s likely you’ll spend up to two decades or more in retirement? It’s a long time, so will you be able to afford all the things you’ve thought of doing in retirement, before your savings run out? By starting now and making small changes to how you...

Key takeaways Retirement can cause a range of emotions so it’s important to not only prepare yourself financially but also emotionally Regular exercise has many health benefits including reducing the risk of chronic diseases. It’s also one of the best remedies for...

How much tax you pay on your super contributions and withdrawals depends on: your total super amount your age the type of contribution or withdrawal you make If you inherit someone's super after they die, the person's super fund pays you a super death benefit. You may...

Think you have been scammed? These steps will help you take action quickly to stop the scammers and limit the damage. Know that you are not alone and you can recover from this. There is support available, if and when you need it. Act fast if you've been scammed If...

Key takeaways Create a budget: aim to make it an accurate description of how your finances work. See where you could be spending more or spending less. Create an emergency fund: putting aside even $50 a month can really add up.  Be honest with yourself: you need to...

Many Australians now technically qualify to be certified as a sophisticated investor, but what are the benefits and risks? Sophisticated is a word that can have a wide range of connotations. In the subjective sense it may be used to describe people considered to be...