by orange_office | Nov 15, 2022 | Weekly Updates
Variable rate home loans have risen from about 2.25 per cent per annum at their low point two years ago to above 5.5 per cent now. That’s a huge jump if you have a big mortgage. Payments on a $500,000 loan have risen from $2,181 per month to $3,071, an increase of...
by orange_office | Nov 9, 2022 | Weekly Updates
This year has been a bad one for the share market. Because most superannuation accounts and managed funds invest at least partly in shares, it has been a bad year for them too. When will the market turn up? It could be soon now. No-one rings a bell when the share...
by orange_office | Nov 7, 2022 | Weekly Updates
The recent Federal Budget included changes that will affect investors. Labor’s plan to ban the refund of franking credits contributed to the party’s 2019 election loss. During this year’s election campaign Labor said it had abandoned that policy. It has, but it’s been...
by orange_office | Oct 25, 2022 | Weekly Updates
During the recent election campaign both major parties said they would expand access to the Seniors Health Care Card to more retirees. The new Government’s budget confirmed that single retirees with incomes up to $90,000 per annum and couples with incomes to $144,000...
by orange_office | Oct 18, 2022 | Weekly Updates
It is now more than three months since the superannuation rule changes came into effect allowing retirees up to age seventy-five to make super contributions even if they are not working. The responses from those eligible have been quite varied. Super funds, once...
