Using your equity to build wealth
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
October 10, 2019
Property
Is household debt consuming you?
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
June 6, 2019
5 common financial mistakes people make in their 40s
The 40s are, for many people, a critical decade for building wealth. Income is usually on the rise, but so are expenses such as mortgages and school fees. Juggling priorities
February 16, 2019
You’ve paid off your mortgage! Now what?
Paid off your mortgage? Woo-hoo! Break out the champagne and celebrate the freedom you must now feel! But once the dizzy excitement has passed, what will you do next? Discharge
April 6, 2018
The super scheme for first home buyers
You’re moving into your new home; corks are popping and there are smiles all around – classic advertising that for many seems unattainable. Although many Australians may want to bash
March 23, 2018
Making clever use of offset accounts
It’s a common misconception that mortgage offset accounts are loan products when in fact they are savings accounts sitting within a mortgage structure. If you’re not sure how mortgage offset
February 9, 2018
November 10, 2017
The art of downsizing
The kids have finally left home and now you’re rattling around in a house way bigger than you need. If it’s time to think about downsizing, there’s more to it
October 19, 2017
Home loans – to fix or not to fix?
It is said that Aussies will bet on anything – even two flies crawling up a wall. Our bets have become a bit more sophisticated and now it seems the
September 15, 2017
How the Family Home Can Affect Aged Care Fees
Residential aged care is playing an increasing role in helping many older Australians enjoy comfortable and carefree lives. However, one of the tasks for anyone assisting an elderly relative with
June 23, 2017
Responsibilities of an Executor
If you’re the eldest sibling in the family, or deemed to be the “most responsible”; if you’re seen to be a good friend by someone; or a fine upstanding citizen
May 19, 2017
First Home Savers, Downsizers and Small Business are the Winners in Treasurer Scott Morrison’s Second Budget – While Taxpayers Face an Increase in the Medicare Levy
Note: These changes are proposals only and may or may not be made law. On Tuesday 9 May, the Federal Government handed down its Budget for the 2017–18 financial year.
May 10, 2017