Nov 22, 2019 | Finances, Financial Literacy, Financial Planning, Interest rates, Lending
Interest rates have never been lower, and it’s possible they might fall even further. This creates opportunities for householders and businesses, so how can you best take advantage of low interest rates? Pay off your debt more quickly By maintaining constant...
Oct 10, 2019 | Financial Literacy, Financial Planning, Investing, Lending, Loans, Property
The equity you have in your home is simply the difference between the current market value of your home and the amount you still owe on your home loan. For example, if your home is worth $800,000 and your outstanding loan balance is $200,000, your equity is $600,000....
Oct 5, 2019 | Finances, Financial Literacy, Financial Planning, Lending, Loans, Retirement
Increased housing costs and low wage growth are seeing more Australians carry higher levels of debt into retirement. Repaying this debt can place a major drag on retirement cash flows and hinder the achievement of retirement goals. These may include maintaining an...
Aug 29, 2019 | Finances, Financial Literacy, Health & Wellbeing, Interest rates, Lending
If you’ve ever laid awake at night thinking about your finances you’ll know: financial stress can be debilitating. What you may not be aware of is the strong link between financial stress and mental health. According to the Australian Institute of Health and Welfare,...
Jun 6, 2019 | Finances, Financial Literacy, Financial Planning, Health & Wellbeing, Interest rates, Lending, Loans, Property
By the end of 2018 Australia had, relative to the size of its overall economy, one of the highest levels of household debt in the world. At 127% of gross domestic product (GDP), our household debt, as a percentage of GDP, had nearly doubled over the last 20 years. So...
May 23, 2019 | Finances, Financial Literacy, Financial Planning, Insurance, Investing, Lending, Loans, Retirement, Superannuation
Ask most 30 year olds who their financial planner is and the typical response might be ‘huh?’ After all, financial advisers are for older people with plenty of money to invest, aren’t they? Well, yes, people nearing or in retirement will benefit from sound advice. But...
