Your first SMSF portfolio: Don’t overlook fundamentals amid super changes

Published: May 17, 2017

New SMSF trustees face something of a double challenge in 2017-2018: Coming to terms with the long-standing fundamentals of having your own fund together with the biggest changes to super in a decade. It is critical for new trustees not to neglect any of the fundamentals of self-managed super in their efforts to understand the […]

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How to live in harmony with your adult children

Published: May 15, 2017

If you thought you’d have the house to yourself once the kids reached adulthood, statistics paint a different picture, with more adult children remaining in the family home today than in years gone by. Not only are children living with their parents for longer, a high portion of those who move out end up coming […]

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Renters need over $1m to retire comfortably

Published: May 12, 2017

While the implications of housing affordability is often acknowledged when it comes to younger Australians, the repercussions it’s having on pre and post-retirees also requires attention. According to figures published last month, couples living in rental accommodation in Australian capital cities need over $1 million in super to live a comfortable lifestyle in retirement. And, […]

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The 2017-18 Australian Budget – pragmatism and fairness rule

Published: May 10, 2017

The 2017-18 Budget has much to make it popular. In fact, the goodies make it almost feel like a pre-election rather than a post-election budget. The transformation from the austerity to end “the age of entitlement” of the 2014 budget to the “fairness, security and opportunity” of this Budget has been profound.1 Key budget measures […]

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Buying A Tenanted Investment Property

Published: May 8, 2017

There are plenty of upsides to buying an investment property that already has a tenant, as well as a raft of risks. Here’s how to minimise them. Purchasing an investment property that already has a tenant means you collect rent from day one, with no vacant period and no lease fees to find a new […]

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To rent or own: retirement living options

Published: May 5, 2017

In Australia there are both ownership and rental opportunities for retirement living options. Generally the deciding factor of whether you rent or buy is subject to your financial situation. Ownership & legalities Property ownership in retirement villages comes under slightly different legislation to normal home ownership. They have different forms of legal title and occupancy […]

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Life’s financial turning points: good and not-so-good

Published: May 3, 2017

The marriage and divorce statistics for 2015 sadly suggest that 43 per cent of Australian marriages may end in divorce. Significantly, this number-crunching does not include separations of de facto couples. Unfortunately, the breakdown of a relationship is a reality for many couples and it is a reality with typically damaging financial and emotional consequences. […]

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Planning a holiday, building a house and creating a portfolio

Published: May 1, 2017

Two quick questions. How long did you take to plan your last Christmas holidays? And how long did you take to plan your investment portfolio? "It's often said that many people spend more time planning a two-week vacation than they do on their investment plan," say US-based Vanguard investment analysts Donald Bennyhoff and Colleen Jaconetti […]

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In your interest: a mortgage buffer

Published: April 28, 2017

Homebuyers who make higher repayments than the minimum required are developing a valuable buffer to help cope with future rate rises or unexpected financial setbacks. A mortgage buffer makes much sense. More than three years ago, the Reserve Bank reported that "anecdotal evidence suggests" that about half of households had not reduced their regular monthly […]

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Dementia is more than just forgetfulness

Published: April 26, 2017

It may begin with forgetting where you left your car keys and can eventually lead to potentially dangerous situations such as forgetting to switch off the heater or kitchen stove. This is a very real experience for more than 353,800 Australians living with dementia right now. With Australia’s population rapidly ageing, the prevalence of dementia is […]

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