Blog – Maddern Financial Advisers

Be ahead of the news in accounting, private wealth and finance

Lessons from the ‘rich list’

Lessons from the ‘rich list’

Team Maddern
12/Sep/2018
Most people who are intent on building their personal and business finances know there is no quick road to wealth. While some people dream about their lucky numbers finally being called, others are making every day count. Of course, not everyone can make it onto the Forbes rich list, and some individuals rise to wealth […]
Weighing up the cost of risk – insuring your business

Weighing up the cost of risk – insuring your business

Team Maddern
03/Sep/2018
Running your own business can be rewarding, but there is also risk involved when you put your own money and reputation on the line. What would you do if your shop was destroyed by fire, a client sued over advice you gave, or your business was disrupted for months in the aftermath of a freak […]
Bankruptcy: Not the end of tax considerations

Bankruptcy: Not the end of tax considerations

Team Maddern
28/Aug/2018
With personal debt on the rise, many Australians are struggling with their finances. In most cases, a repayment plan can be worked out to get you back in the black. If that’s not feasible, another solution can be to declare bankruptcy, but this can have serious implications if you are running your own small business. […]
Is your money personality set in stone?

Is your money personality set in stone?

Team Maddern
20/Aug/2018
Our upbringings hugely influence the attitudes we have towards money and our ‘money personality’. Did you observe your parents working hard to put food on the table? Was money a cause of conflict in your household? Was it spent freely, or were budgets obeyed? The money attitudes you were exposed to as a child aren’t […]
Making your budget stick

Making your budget stick

Team Maddern
13/Aug/2018
With 86% of Australians saying they don’t know what they spent last month, it’s fair to say we aren’t great budgeters.i But in many cases, the problem isn’t writing a budget per se so much as it is sticking to it over the long term. The good news is with a few simple tricks you could […]
Millennials are FIRED up for financial freedom

Millennials are FIRED up for financial freedom

Team Maddern
03/Aug/2018
Millennials are often accused of living for the present and wasting their money on smashed avocado. So it may come as a surprise that younger Australians are at the vanguard of a growing movement committed to the old-fashioned virtues of thrift and saving, but with a modern twist.  Whereas the mantra of the Baby Boomers […]
Maddern Financial Advisers – ifa Excellence Awards 2018

Maddern Financial Advisers – ifa Excellence Awards 2018

Team Maddern
30/Jul/2018
Maddern Financial Advisers are pleased to announce that we have been nominated for two awards in one of the financial industry’s most prestigious awards. As a local independent financial advising and accounting firm based in Melbourne we are in the running to take out an award at the independent financial advice event of the year. […]
A little adrenaline can be a good thing

A little adrenaline can be a good thing

Team Maddern
24/Jul/2018
We all know what it feels like to be stressed. For most of us, it is a hallmark of our daily lives. While the word has very negative connotations, stress can actually drive us forward. That surge of adrenaline we get when tackling something out of our comfort zone helps us to achieve our goals. […]
Superannuation and inheritance: making your wishes known

Superannuation and inheritance: making your wishes known

Team Maddern
16/Jul/2018
People often think their superannuation will be treated as part of their estate when they die and distributed according to their Will, but that’s not the case. Unless you have nominated your beneficiaries, the decision as to who receives your super is in the hands of the trustees of your fund. When that happens, the […]
How to avoid common SMSF mistakes

How to avoid common SMSF mistakes

Team Maddern
09/Jul/2018
Running your own self-managed super fund can be time-consuming, but it’s about to get a little easier thanks to a change announced in the May 2018 Budget. From 1 July 2019 SMSFs will be able to move to three-yearly audits if they have three consecutive clear audit reports and lodged their annual returns on time. […]