When you’re just starting out in the workforce, it’s easy to see superannuation as money that’s not quite yours. After all, if you’re focused on funding your lifestyle and saving for short term goals, retirement can seem a lifetime away; … Read more
Compulsory super contributions paid by employers went up in July. Here are 8 things you should know, including what it could mean for your take home pay. Super contributions employers are required to make increased from 10.5% to 11% of … Read more
We all want to make the most of our tax return each year. Did you know, other than claiming the usual work related expenses, certain super contributions may also be tax deductible? If you’re looking at what deductions you might … Read more
Shop around We often shop around to get the best deal when it comes to consumer items but the same should always apply to services we get. It’s a highly competitive world out there and service companies want to get … Read more
Key points – After the rough ride of 2021-22, 2022-23 turned out to be a good one for investors as shares rebounded thanks to falling inflation and hopes rates are near the top. – Shares are at risk of a … Read more
When will you be ready to retire? There are two important ages you need to consider when thinking about retirement – preservation age when you are eligible to start drawing on your super and Age Pension age when you are … Read more
Want to invest but don’t know where to start? Here are five basic steps for investing. Define your goals Taking the first step on your investment journey may feel daunting. However, setting clear goals with achievable targets can be a … Read more
Dating and romance scams are very destructive – both financially and emotionally. Don’t let them break your heart or wallet. Stay one step ahead of romance scams with these tips. Unfortunately, romance scams are on the rise. Australians lost $142 … Read more
If you’re over 55 and looking to boost your retirement savings, you may be eligible to make a super contribution of up to $300,000 from the sale proceeds of your primary residence. On 1 January 2023, the age when eligible … Read more
Smart super strategies for this EOFY Want to help boost your retirement savings while potentially saving on tax? Here are five smart super strategies to consider before the end of the financial year. Add to your super – and claim … Read more