The Age Pension and assets test explained Recent reports suggest that more than 300,000 Age Pensioners will have at least part of their pension cut, with just under 100,000 of these people losing all Age Pension entitlements, taking effect from January 2017. The Age Pension provides income support and access to a range of concessions for […]
Move out of a rut and reach your goals with our five helpful tips. Online source: Produced by AMP Life Limited and published on 23 September 2015 If you’ve been living in a procrastination comfort zone for too long, you’re not alone. And evidence suggests that taking a tough approach won’t help you either. Research […]
This summary was prepared by the Australian Department of Employment on 14th April 2016. Advice and support for young workers Are you new to the workforce? Do you need help to settle into your workplace and understand your rights and responsibilities in regards to working, career planning and leaving a job? Settling into your new […]
This summary was prepared by the Sun Herald on 16 May 2016 Australia’s 10-year government bond yield has hit its lowest point ever, signalling at least one further cash rate cut by the Reserve Bank of Australia (RBA). The dramatic move down in recent weeks puts Australia closer to developed-market peers that have been grappling for […]
Did you know that if you take out personal insurances through a super fund, you could receive tax concessions, or have your premiums deducted from your existing account balance? This document was prepared by IFSA, securing Australians wellbeing 2007. Research has shown that Australians are worryingly underinsured. If either parent died, a staggering 2.47 million families […]
Online source: Trauma & Grief Network 2016 – Family TroublesThis document was prepared by Trauma & Grief Network 2016 – Family Troubles What can I do to protect my child? Most children who experience the difficulties of financial hardship within their families will go on to be happy, healthy children, with little or no lasting effects from this adversity buy […]
Why you should consider salary sacrificing Super contributions have increased from the 9% we have been used to for so long, to 9.5%. It’s easy to assume then, that when we retire, our superannuation balance should definitely be enough for us to live on. I mean, the government has taken care of that by increasing […]
The Government has delivered the 2016/17 Federal Budget with significant changes to superannuation, taxation and retirement. This Federal Budget Summary was prepared by the ANZ Wealth team on 03 May 2016. Superannuation Reduction in concessional contributions cap 1 July 2017 The concessional contributions cap will reduce to $25,000 (from the current $30,000 cap for those […]
Five simple strategies for investing in volatile markets As we’ve seen in recent times, investment markets can change overnight. But there are some simple rules that investors have been using to help build long-term wealth for decades. 1. Stay calm Do not rush any investment decision. 2. Diversify your investments It’s notoriously difficult to predict what’s […]
