What to Do if the Market Tanks When You're Retired or Close to It Uncertainty is becoming the new normal for investment markets. After the global economy began recovering from the pandemic, fresh challenges like geopolitical conflicts and shifting global alliances introduced new volatility. This can...
Comparing Residential Property vs Shares: A Long-Term Investment Perspective With interest rates starting to come down in Australia, property investing has once again come into favour. After a period of tightening monetary policy, higher mortgage rates and softening prices, investors are now re-entering the market with...
9 Mistakes of Investing Key Points Many of the mistakes investors make are based on common sense rules of thumb that turn out to be wrong. As a result, it’s often wise for investors to turn common sense logic on its head. The easiest way to...
How Much Do You Need to Retire in 2024? Retirement is a significant milestone that requires careful financial planning to ensure you can maintain your desired lifestyle. Understanding how much you need to retire comfortably is crucial, as is knowing what options are available to supplement...
How to prepare for falling term deposit rates In recent years, cash has stood out among defensive assets, reclaiming its title as ‘King’ thanks to steep interest rate hikes by the Reserve Bank of Australia (RBA). Since the cash rate peaked at 4.35% in November 2023,...
The beginning of the financial year is a great opportunity to review your financial situation, to make sure you’re on track and on top of changes happening across tax and superannuation. Here are five areas that you may wish to review early this financial year. #1:...
What is Div. 293 Tax Div. 293 tax is an additional 15% tax that may apply to the concessional contributions (CCs) of higher income earners. Div. 293 tax is payable when your income and CCs, within their CC cap (known as ‘low tax contributions’), exceeds $250,000 in...