Australian shares are popular investments with self-funded retirees and anyone who depends on income from their investments, due in part to the favourable tax treatment of franked dividends.
Buying insurance through super has many advantages, but you need to make sure you are getting the right cover for your individual needs. In some cases, you may be paying for nothing.
Feeling a bit lacklustre as the days roll by? Hitting the snooze button more than usual? It’s a feeling that can be difficult to put your finger on, but it has a name, languishing.
The COVID-19 pandemic has shifted our day-to-day lives in a dramatic way. One of the biggest changes to come from this period, was a transition to working from home for many people.
When the coronavirus pandemic hit financial markets in March 2020, almost 40 per cent was wiped off the value of shares in less than a month. Understandably, many investors hit the panic button and switched to cash or withdrew savings from superannuation. With the benefit of hindsight, some people may be regretting acting in haste.
Family trusts are a popular and effective investment structure to manage and protect your family’s fortune, but you don’t have to be worth a fortune to benefit from having one.
If your business has been adversely affected by COVID-19 in the recent restrictions, you may be eligible for support from NSW government if you have been subject to the lockdowns for a period of 4 weeks or more.
If you are unable to work due to the Covid-19 restrictions, you may be eligible for one of the two support packages available. All individual Lockdown support packages must be applied for via Services Australia.
The new financial year offers an opportunity for taking an ‘out with the old, in the new’ approach, making a fresh start in relation to your financial affairs, it’s also a good opportunity to re-examine other aspects of your life. Imagine if you could change your habits, so you did not have to rely on willpower alone ever again?
Fears of a resurgence in inflation has been the big topic of conversation among bond and share market commentators lately, which may come as a surprise to many given that our rate of inflation is just 1.1 per cent. Yet despite market rumblings, the Reserve Bank of Australia (RBA) appears quite comfortable about the outlook.
As the new financial year gets underway, there are some big changes to superannuation that could add up to a welcome lift in your retirement savings. Here’s a summary of the changes starting from 1 July 2021.
If you are unable to work because you or someone in your household is impacted by COVID-19, there is support available, if you meet the eligibility criteria.
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