Young People Can Get Ahead

Young People Can Get Ahead

Intergenerational jealousy seems to be on the rise lately. The baby boomers are being accused of stacking the financial world in their own favour and hoarded their wealth. It’s clear the older generation has messed up the housing market badly, with a system unable to...
Interest Rate Cuts and Basic Economics

Interest Rate Cuts and Basic Economics

When will we see a cut in interest rates? Borrowers with large mortgages are particularly keen to know. The surprising answer is that some cuts have already occurred. All the major banks have reduced the rates they pay on term deposits. Whereas twelve month deposits...
Pre-Retirement Pensions Can Boost Super

Pre-Retirement Pensions Can Boost Super

People who have reached age sixty and are still working can start a pre-retirement pension. It will give regular income payments from the person’s super account. Why would anyone start a pension before retiring? It will draw money out of their super, reducing the...
Buying a First Home in Regional Areas

Buying a First Home in Regional Areas

Buying a home in Australia is difficult, but not quite as difficult as some may think. There are circumstances and schemes that make it just a little more possible in our area. First let’s look at some facts. The Firstlinks financial newsletter has compared statistics...
Insurance Isn’t Disposable When Costs Rise

Insurance Isn’t Disposable When Costs Rise

The cost of living crisis is biting hard. Evidence of this is shown in recent company reports. Major bank NAB said loan payment arrears have increased sharply this year. AGL and Origin Energy say arrears and bad debts on energy accounts are rising quickly.  The...
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