Although you may not be thinking about your retirement yet, the reality is that every little extra you put aside now will pay off later down the track. After working hard all your life, you want to retire in comfort — that’s why you need a financial plan. Here’s five ways you can start to…
Key points are as follows… · Global, and particularly Australian, shares have seen a bit of a pull back over the last month which could have further to go in the short term. · However, what we are seeing is likely a correction as opposed to a new bear market. From a fundamental point of…
Key points are as follows… · After recent sharp falls the $A may see a short-term bounce, but the broad trend is likely to remain down against the $US reflecting a rising $US generally, a secular downswing in commodity prices, overvaluation in terms of relative prices and monetary tightening in the US relative to Australia.…
You want to make the most from the sale of your business — but navigating the tax system can be tough on your own. When it comes to turning your business assets into retirement savings, there are a number of Capital Gains Tax (CGT) concessions to help you along the way. Here’s what you need…
Brian Parker, Head of the Portfolio Specialists Group at MLC, gives an update on markets during September. He discusses: why it was generally a disappointing month for share market investors how a range of geopolitical concerns continued to unsettle markets why the European Central Bank took further steps to boost eurozone growth why Australia’s economic…
Nobody likes to dwell on the worst, especially when life is going smoothly. But this is actually the time when you should think about what plans you have in place if you were to get seriously — or even fatally — ill or injured. Thankfully, insurance can go a long way in protecting your family…
The Australian housing sector is doing its part in helping the economy rebalance as mining investment slows. · Thanks largely to a persistent undersupply of new homes, Australian housing remains overvalued. Negative gearing, foreign and SMSF buying are just a sideshow to the supply shortage. · The home buyer market is still not seeing the…
Why have personal insurance? Through your working life, you may have taken out some personal insurance – cover to help give you or any dependants financial security if you were unable to work due to sickness or injury, or if you should become terminally ill or pass away. Common types of personal insurance are: Income…
Who are empty nesters? Empty nesters are a varied group. Many are living with partners, but quite a few live alone. Some own their homes outright, while others are still paying off their mortgage, or renting their home. And while a few are only years away from retirement, many still have a decade or two…
In the last decade, household debt has decelerated quite significantly — down from an average rate of 10% each year in the early 2000s to just 2% at the end of 2013.[1] As a nation, it seems we’ve become far more conscious about our spending and borrowing habits since the Global Financial Crisis. Cutting back…