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...
Salary Sacrifice Still a Smart Strategy

Salary Sacrifice Still a Smart Strategy

The new ‘income tax cuts for all’ are now in full operation, and most welcome. However they do have a small downside. For most people tax deductions are now worth less. Deductions that previously saved 34.5 cents of tax per dollar now only save 32 cents. Those...
Best Investments Short and Long Term

Best Investments Short and Long Term

Those hoping for strong investment returns last financial year weren’t disappointed. This follows an equally healthy performance in the 2023 financial year. According to Lonsec Research the typical diversified portfolio with up to 70 per cent in growth assets returned...
Managing the Living Cost Squeeze

Managing the Living Cost Squeeze

There has been much talk about the “cost of living crisis”. Many people are finding it difficult to pay their bills. The biggest strain is on young people to meet mortgage payments. Yet this isn’t the first time a cost-of-living squeeze has occurred, far from it....
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