One of the questions most people answered incorrectly from our recent Financial Literary Quiz, is on the difference between a Power of Attorney and an Enduring Guardianship. It’s not a topic everyone likes to think about – the possibility of losing the capacity to make decisions about your finances, health and lifestyle, which is a […]
Blog
2019-20 Budget Wrap-Up
Treasurer Josh Frydenberg delivered his maiden budget for 2019-20 on Tuesday night, potentially a few weeks before the Federal Election takes place in early or mid-May this year. One of the headlines from the announcement is the forecast of an estimated $7.1 billion surplus, which will be the first time the budget has returned “back […]
Why I Don’t Peel Apples
Why don’t I peel apples anymore? Crunching on an apple, skin and all, could be the healthiest way to eat this fruit bowl staple. New research has provided further evidence that the peel has powerful health benefits. Several studies published in the past year have highlighted the wide-ranging health benefits of apple polyphenols – a […]
The 4 P’s of Spending
What are the 4 P’s of spending? Saving money is one of those difficulties for many people and being in the age of online shopping certainly presents extra challenges. It’s so easy to press a few buttons and before you know it, you’ve just spent your whole week’s wages in a few seconds. The next […]
Are you an emotional investor?
It’s a difficult question to answer yourself without considerable bias. And if you sat down and asked yourself about the types of decisions you make every day about your money, your answer might sound something like this: “No I don’t make decisions based on my emotions. I am definitely objective about the financial decisions I […]
Royal Commission Key Recommendations & Our Thoughts
Commissioner Kenneth Hayne has released the final report to last year’s 68 days of hearing where the banking, superannuation and financial services sector came under the spotlight for misconduct. Hayne’s final report included 76 recommendations, most of which the Morrison government and Labor say they will support and implement. Here are some of the key […]
Family Trusts Explained
Family Trusts are a popular small business structure. They can serve a wide range of purposes and be extremely useful vehicles for tax planning, financial planning and investment. We take a look at the basic principles of a family trust, their benefits and how they work. What is a Family Trust? Firstly, let’s unpack what […]
What is Retirement in the 21st century?
Whilst the idea of retirement might be relatively young, its definition seems to have evolved in the last few decades from a linear approach to a more segmented type of retirement. One of the major contributing factors in the last decade is our life cycle. Towards the end of the 20th century, the average life […]
Extra, Extra, Don’t Read All About It
If you’re reading the investment headlines in the news around this time of year, then you might start to feel a bit of anxiety around whether your investments are well placed. Reading the news is one thing but acting on it is another. Take some of these headlines from last week. On Tuesday 4 December, […]
Tips on Beating Christmas Financial Stress
We all know Christmas is generally the most expensive time of the year. And it’s easy to get rattled at the thought of all the costs associated with the festive season. Buying appropriate presents for every member of the family, as well as the person next to you in the office (who you think is […]