by orange_office | Jul 31, 2024 | Weekly Updates
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....
by orange_office | Jul 24, 2024 | Weekly Updates
Share market returns are a major driver of our superannuation and other investments. When shares do well super account values rise, when they do poorly values fall. The All-Ordinaries Index of Australian shares hit a new record closing high above 8,300 points on 17th...
by orange_office | Jul 17, 2024 | Weekly Updates
Twelve-month bank term deposits now offer around five per cent interest. Some on-call accounts pay four per cent or better. The last time rates were this high was in 2011. These rates appear quite attractive for people with lump sums available to invest for longer...
by orange_office | Jul 11, 2024 | Weekly Updates
While finalising staff payment records to the ATO for the last financial year it stuck me how much of people’s pay goes in tax. People on typical incomes pay around one fifth of their income in tax. For those earning a little more, tax increases to a quarter of...
by orange_office | Jul 2, 2024 | Weekly Updates
A new financial year usually brings changes to tax, superannuation and Centrelink rules. That’s true again this new year. There are income tax cuts for all, in the form of the Stage 3 tax cuts legislated several years ago, but then recently reduced for higher earners...
by orange_office | Jun 25, 2024 | Weekly Updates
Over recent years some public policymakers have said retirees underspend in retirement. Studies have shown many people still have most of their superannuation and investments when they pass away. They have not run their savings down living well. In order to get...
