As of the 1 January, the Commonwealth Government’s First Home Loan Deposit Scheme comes into effect. The scheme lets borrowers get a loan with only 5% equity saved. Places are filling fast, so if this could be of interest, get in touch with us ASAP.
Make sure you take your holidays. There is plenty of science that shows that people who take holidays actually get more work done. What’s more, their careers - and their lives - last longer and they end up providing more for themselves and their families.
Divorce changes everything. Often without realizing it has happened, most married people’s money management becomes intrinsically entwined with their spouse. When the relationship ends, that makes for a lot of unwinding.
When it comes to estate planning, many people overlook their superannuation. This is risky, because superannuation does not necessarily form part of your estate. This means that your regular legal will may not address what happens to your super when you no longer need it.
the mathematics underpinning life insurance has a lot in common with betting on horse racing. Because of this, most punters and most life insurance policyholders ‘do their dough.’ That said, life insurance is a bet you hope you lose - which makes it very different to backing a slow horse.
At some stage, most of us will be asked to lend money to family or friends. Usually, we are only too happy to help. After all, what are family and friends for if not to help each other out. That said, mixing money and relationships can be problematic. In this article, we discuss various ways to minimise the risk of the loan going wrong and a relationship suffering.
Saving money or repaying debt can be a bit like losing weight. From day-to-day it feels like nothing is changing. So, you need to alter the way you think about financial targets - which can even mean thinking about them less frequently.
Australia introduced a consumption tax in the early 2000s. Consumption taxes have a lot going for them, and this article examines some of those benefits. It will be worth thinking about next time you are tempted to complain about all that tax you have to pay.