How much does it really cost to buy a property?

Published: February 10, 2016

Some of the costs involved with home ownership include government fees, insurance, interest charges, strata fees, council fees and more. Read on for a full run-down of the costs you’re likely to come across. Upfront costs Purchase price This is what you’ll pay to purchase the property and unless you’re paying outright, it’s likely to […]

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Making sense of account-based pensions

Published: February 8, 2016

If retirement is on the horizon, you’ve probably heard about an account-based pension (also known as an allocated pension) as one of the income stream options available. We’ve answered some of the commonly asked questions about account-based pensions to help you navigate your way. What is an account-based pension? An account-based pension is a regular […]

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5 small things you can do in retirement

Published: February 4, 2016

If you’re retired, you don’t want to fritter away the savings you’ve worked all your life to achieve. So, whether you’re living a comfortable or modest lifestyle in retirement1, there are still ways you can make every dollar count and stretch your dollar further. Here are five things to consider: Get rid of the second […]

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Paying to get out of debt – be careful before handing over money

Published: February 1, 2016

According to a study by AMP/NATSEM, average household debt has soared from about $60,000 in the late 1980s to around $250,000 today. For many people, a good chunk of household debt is taken up by their home loan. If you can manage the repayments, that’s not a problem – your home will grow in value […]

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Retirement rolls around faster than you think

Published: January 27, 2016

Take it from me, the day when you’re ready to hang up your work boots is likely to roll around far more quickly than you anticipate, and it pays to be prepared. If you think time passes more quickly as you get older, you’re absolutely right. It turns out there’s a whole range of scientific […]

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Sharemarket volatility calls for perspective

Published: January 18, 2016

Over more than three decades in financial planning, I have seen sharemarkets tumble on quite a few occasions. However I have also seen share values recover and rally to new highs following a market low – something that doesn’t attract the same level of media attention. In fact, over the past century, the Australian sharemarket […]

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Hats off to working parents!

Published: December 7, 2015

According to the Australian Institute of Family Studies, the number of parents who work is far greater than a few decades ago. Not so long ago in 1983, the number of parents who both worked full time was just 17%. The most recent Australian Census shows  that in 2009 it had increased to 25%1. Given […]

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How to take the tension out of your building project

Published: December 2, 2015

Proper planning is the key to getting a project done on time and close to budget, and that hinges on laying some basic foundations. You can take some of the stress out of your project, whether you are renovating or creating something from scratch, by following these six tips. 1. Pick your design The first […]

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7 ways to keep Christmas spending under control

Published: November 16, 2015

Whether you celebrate it or not, Christmas is a happy time of year full of holiday festivities. And if you plan ahead, you can avoid a New Year budget hangover when the bills arrive. Here are seven tips to help you scale back on the festive season expenses. 1. Plan well ahead This may seem […]

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Money and the future

Published: November 16, 2015

Around Australia many thousands of secondary school leavers, uni and TAFE graduates are celebrating the end of their formal education. It's a chance to let your hair down, for a while at least, before making plans for what will hopefully be a bright future. Today’s school leavers enjoy a wealth of options in terms of […]

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