Planning for a (much) longer life

Published: April 13, 2018

We generally need to make earnings from 40 to 50 years in the workforce extend across what could be 80 to 90 years of living. Australians today need to do something our parents and grandparents didn’t even think about – plan for a long life, and a new report shows the benefits of planning for longevity […]

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5 tips to save money at university

Published: April 4, 2018

Back at uni? Do away with the poor student clichés with these money making and money saving tips. Students aren’t exactly known for rolling in cash, but by following these simple tips to save money at university you can make the most of what you’ve got. 1. Get a part-time job This might seem obvious, but part-time […]

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New rules to benefit those downsizing for retirement

Published: April 4, 2018

Downsizers will be able to top up their super with the proceeds from the sale of their main residence from July 2018. From 1 July 2018, Australians aged 65 and over who are downsizing for retirement will be able to contribute the proceeds from the sale of their main residence (up to $300,000) into super1. We […]

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Life cover – do you even have it?

Published: April 4, 2018

If you have family, dependents or debt, life insurance might be important, but one in four Aussies don't know whether they have it. If you die and your life is insured, your beneficiaries receive a lump sum pay-out. This money can be the difference between the people who matter most to you enjoying a decent […]

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Personal debt – maybe the mortgage isn’t so bad

Published: March 27, 2018

Household debt in Australia is high but more of us are taking a sensible approach to debt management. Nationally, our household debt ratio is nudging 200%. On paper it means we owe twice as much in debt as we bring home in our pay packets each year. It sounds like an alarming figure but as […]

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Why it pays to contribute to your partner’s super

Published: March 27, 2018

If your other half is a stay-at-home parent, working part-time or out of work, adding to their super could benefit you both financially. If your spouse (husband, wife, de facto or same-sex partner) is a low-income earner or not working at the moment, chances are they’re accumulating little or no super at all to fund […]

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What to expect when meeting a financial adviser

Published: March 23, 2018

A financial adviser can help you work out how to manage your money to help build your wealth and reach your goals.  Money may not buy happiness, but a sense of control over your finances, and working towards reaching your goals, just might. Good financial advice can help with this, by giving you the opportunity to […]

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Bank hybrid securities

Published: March 16, 2018

You take all the risk Banks and insurers issue hybrids to raise money that can count as regulatory capital under the prudential standards that apply to banks and insurers. All new hybrids issued by banks and insurers are designed to be loss absorbing, which means you, not the bank, are at risk of suffering a […]

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Are Australian households more vulnerable than we think?

Published: February 26, 2018

A lot has been said and written about Australia’s household debt levels and possible implications on the banking system and the economy more broadly. But could Australian households be even more constrained than the headline numbers are suggesting? Michele Bullock, the Reserve Bank of Australia’s Assistant Governor, highlights the stresses households will likely be facing […]

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Reverse mortgages – A solution to the asset rich, cash poor trap

Published: February 26, 2018

f you're a home owner who falls into the "asset rich, cash poor" category, a reverse mortgage could hold appeal in retirement. Over the next 40 years an estimated seven million Australians are expected to start living off their super savings, but many simply won’t have enough to enjoy a comfortable lifestyle. The benefit of a reverse […]

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