In Australia, people are living longer and interest rates are lower than ever. While the first is good news, the second carries risks if you’re looking for an adequate income to see you through retirement. Here we look at three elements that affect a post-work reasonable income – interest rates, inflation, and longevity. Interest rates … Read more
There are a number of ways you can contribute more to your super, to take advantage of time and the magic of compound interest. These include salary sacrificing, and a range of tax-deductible, spouse and downsizer contributions, as well as government co-contributions. What you do right now affects how well you can live in future. … Read more
Call it a sign of the times but, if you’re not living in a multigenerational household yourself, chances are you know someone who is. A recent study found that adult children who return to the family home typically cause a significant decline in their parents’ quality of life and well-being. But researchers say a startling … Read more
Never a bad time to brush up on the basics. What is the ASX? ASX stands for Australian Securities Exchange (not stock exchange like many people think). How does it work? The ASX provides a market for people to buy and sell shares in the companies listed on it. If the company does well, … Read more
Federal Government assistance for those severely affected by the Bushfires Australia’s bushfire crisis has so far claimed 28 lives, killed an estimated billion animals, destroyed more than 2000 homes and burnt through more than ten million hectares of land. If you live or operate your business in a fire-affected area, there is help available. The … Read more