Seismic shift: two major banks hike fixed interest rates
Are the days of ultra-low fixed interest rates over? It’s looking increasingly so, with two major banks increasing their fixed rates this week. So if you’ve been thinking about fixing your mortgage lately, it could be time to consider doing so.
The importance of labelling the purpose of your investments
I wish I had a dollar for every time I have been casually asked “what would you recommend as an investment right now?”. It’s easy to see why someone might think I would be a good person to ask.
How 1-in-10 first home buyers cracked the market 4 years sooner
Almost 33,000 Australians bought their first home four years sooner thanks to two federal government schemes that give first home buyers a leg up into the property market. Could you, or someone you know, be eligible?
Bar raised for borrowers: tougher home loan serviceability tests
Some borrowers will soon find it harder to get a mortgage after the banking regulator announced tougher serviceability tests for home loans. So who will they impact most?
Responsible investing on the rise
For many people, there’s much more to choosing investments than focusing exclusively on financial returns. Returns are important, but a growing number of people also want their investments align with their values.
Decision making your way to the best outcome
Throughout our lives, making a decision is something we do thousands of times a day. Our first thought occurs as soon as we wake, and our final thought when we drift off to sleep. Researchers have found on average, that most people will have approximately 6,200 thoughts per day.i
The next smallest action
NSW has taken its first big step in emerging from their time in lockdown. In my location in Victoria, that will also start to occur over the coming weeks. Our thoughts are already starting to look to that future when more of our freedoms are returned.
Spotlight on Super Performance
Superannuation has provided most fund members with stellar returns since last year’s COVID lows. Some funds performed better than others and recent government reforms make it easier to find out how your fund compares.
Are you too loyal for your own good? The banks think so.
Did you think you wouldn’t qualify for the government subsidies on home care? Take another look – you might be surprised.
Too wealthy for home care subsidies?
Did you think you wouldn’t qualify for the government subsidies on home care? Take another look – you might be surprised.
Moving into care – do I have to sell my home?
If moving into residential aged care, do you really have to sell your home? What are your choices? Myths and misunderstanding about the rules can add to anxiety and confusion.
House price growth hits 17-year high, but is it slowing down?
You’d have to go all the way back to the 2004 Athens Olympics to find a time when house price growth was faster than it has recently been. But latest data suggests the golden run has started to slow down.
A trusted investment vehicle
Family trusts are a popular and effective investment structure to manage and protect your family’s fortune, but you don’t have to be worth a fortune to benefit from having one.
Don’t take super cover for granted
Buying insurance through super has many advantages, but you need to make sure you are getting the right cover for your individual needs. In some cases, you may be paying for nothing.
Investing lessons from the pandemic
When the coronavirus pandemic hit financial markets in March 2020, almost 40 per cent was wiped off the value of shares in less than a month. Understandably, many investors hit the panic button and switched to cash or withdrew savings from superannuation.
How much extra will your mortgage cost when interest rates rise?
After 18 straight RBA cash rate cuts it can be easy to dismiss the notion that interest rates might rise again. But if the cash rate returned to mid-2019 levels, how much extra would an average new mortgage holder expect to pay each month? Let’s take a look.
World Elder Abuse Awareness Day (WEAAD)
World Elder Abuse Awareness Day (WEAAD) on 15 June puts a spotlight on issues around elder abuse – not just physical abuse, but also financial abuse.