According to government data, the Australian economy has been sluggish for some time now. The Reserve Bank of Australia (RBA) has cut interest rates 3 times this year to historic lows in an effort to improve the rate of growth in our economy. More recently, the RBA announced that they are considering alternate strategies to […]
Overview of Power of Attorneys
A Power of Attorney is an important document that is often overlooked. Many people understand the importance of having a Will, but the same consideration is not given to circumstances where you might be unable to manage your own financial affairs while you’re still alive. A Power of Attorney can be useful when you: are […]
Test Your Financial Knowledge
Financial literacy is important whether you have a financial adviser or not. Having someone look after your financial household can give you the one thing money can’t buy; time. Whilst that’s a wonderful thing, it doesn’t mean that you should shut yourself off from all financial matters entirely. At Align, we believe it is important […]
Why Petrol Prices are High & Tips on Saving Fuel
Petrol prices have reached record levels with some regional areas paying more than $2 a litre for fuel. Filing up the car with petrol is usually one of the biggest weekly purchases for most families. So what’s caused this spike in price and is there anything we can do to reduce our petrol cost? Price […]
What are Bonds?
Investment bonds have been around for a long time, but many people are not completely familiar with how they work. Here’s a quick summary on what Bonds are, and their risks and benefits. What is a Bond? A ‘bond’ is essentially a loan. It’s where governments and large businesses borrow money, with interest and principal […]