Where is the best place to stash your cash?-1
Australia’s historically low interest rates are great news for borrowers but a headache for savers. Whether you are a young single saving for a home deposit, a family saving for future education costs or a retiree seeking income, the hunt is on to find the best return on your savings. In a recent survey by […]
Declare what you share
With living costs rising every day, many people are keen to earn some income on the side using the flexible opportunities created by the new sharing economy. Digital platforms like ride-sourcing app Uber, or Airtasker for odd jobs and deliveries, are making it easier than ever for buyers and sellers to connect. Remember it’s income, […]
Aged care changes and the family home
Decisions around aged care are always difficult and emotional. From the start of next year they are likely to get even more complex, with both the Age Pension and aged care sectors set for another shake-up. Currently, many people entering aged care choose to keep their former home and rent it out to help with […]
Property: Rent, buy or invest?
Buying a home has been heralded as the way to get ahead for generations of Australians. But with housing affordability a rising concern for would-be first home buyers and their parents, many younger Australians are beginning to weigh up whether it’s better to buy, rent or invest in residential property. Despite record low interest rates, […]
Budget your way into the black
$2.2 trillion. That’s how much Australian households owe right now, according to the latest ABS stats.i Household liabilities grew by $1.2 billion in the last quarter alone. Real household debt per person has risen steadily by around 2 per cent per year, and now sits at around $79,000 per person.ii Sound scary? The good news […]
Can I give a Christmas gift to my clients?
At this time of year it is common to provide gifts to existing clients and customers as an act of goodwill and as a thank you for their custom and support of your business. As the gift is an expense to your business it is generally considered to be a tax deduction. The ATO has […]
Keys to de-stressing your mortgage
“Don’t sail out farther than you can row back.” This Danish saying is sound advice for anyone thinking of borrowing to buy a home, particularly now that interest rates are low and house prices are generally rising in most metropolitan centres of Australia. According to a paper1 for the Centre of Policy Development and University […]
Financial Commentary and Investment Opportunities for September 2016
Today, in our monthly video newsletter, Dennis speaks about current economic issues and three major investment opportunities for Australian investors.
It’s time to focus on Australia’s credit rating
Global ratings agencies Standard & Poor’s and Moody’s have effectively put the new Turnbull government on notice to reduce the nation’s budget deficit or risk a downgrade in Australia’s credit rating. Sounds serious, but what does it actually mean and is it necessarily a bad thing? With the government still lacking a majority in the […]
Buying a business
Set yourself up for success Many of us dream of running our own business, with all the independence and satisfaction that offers. While striking out on your own can be personally and financially rewarding, getting off to a good start is crucial to success. So if you are seriously thinking about becoming your own boss […]