Market and Economic overview Australia Economic data continues to paint a mixed picture of the domestic economy. The manufacturing PMI survey – a useful gauge of activity levels in the sector – came in below the 50 level; indicating challenging conditions. Job advertisements have also been...
Many people aged between 50 and 65 are uncertain about being able to cover living expenses in retirement. In the past retirees could rely on the age pension to secure their retirement. Many retirees are now less confident about this source of support, as a...
Many investors become concerned when volatility occurs in global financial markets – particularly about the impact on their superannuation and other investments. In times like these, it is important to understand the causes of market movements and how to minimise your risk. Why do markets move...
It makes the world go around, but money can be the source of serious problems among couples, in some cases leading to total relationship breakdowns. Of course it’s not the money per se that creates the issues, but rather our views surrounding it - our...
Contributions can play an essential role in a self-managed superannuation fund. Your contributions can be made in two ways – by cash or an asset (known in the trade as ‘in specie’ contribution). Typically, your SMSF can accept: employer contributions personal contributions salary sacrifice contributions super...
According to the Australian Securities and Investment Commission (ASIC), Australians owe a total of $45 billion in credit card debt, and about half of us continue to make low repayments and remain in debt month after month.[1] Did you know that a $2,000 credit card debt...
You’ve undoubtedly heard that Australians are living longer. The most recent Intergenerational Report for instance, projected that the number of Australians aged 65 and over would more than double by 2055, compared with 2015. Keeping an older generation fit and healthy requires significant investment in certain...
As the old saying goes, there are only two things certain in life: death and taxes. Unfortunately, most of us spend too much time worrying over the latter and not enough discussing the former, uncomfortable though it may be. But while no one enjoys contemplating the...
Key points: The final report of the Hayne Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry contains 76 recommendations all of which the Federal Government and Labor say they will support and implement. The report highlights the conflicted nature of sales...
