Blog – Maddern Financial Advisers

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

The power in delaying gratification: are you too soft on yourself?

The power in delaying gratification: are you too soft on yourself?

Team Maddern
25/May/2017
Delaying gratification is a simple concept, but as most people know it’s much more difficult to employ in our lives. Ask yourself truthfully, when was the last time you had to wait for something you really wanted? Not just your morning coffee, or an item on sale you’ve been wanting – something especially important? Think back to […]
Keeping track of your credit rating

Keeping track of your credit rating

Team Maddern
18/May/2017
Today, applying for a loan seems to have never been easier. Interest rates are comparatively low and competition among lenders for new business is intense. So it can come as a surprise when a loan application is turned down. The reason is often a bad personal credit score, but few people understand what that is, let […]
What will the budget mean to you?-1

What will the budget mean to you?-1

Team Maddern
10/May/2017
Treasurer Scott Morrison’s first budget of the Coalition’s second term in office marked a significant shift in tone from the tough stance of its three previous budgets. Gone is the mantra of debt and deficit. Instead the Treasurer has balanced the government’s resolve to live within its means with promises to tackle the cost of […]
Taking care of business when disaster strikes

Taking care of business when disaster strikes

Team Maddern
04/May/2017
When Cyclone Debbie swept across Queensland and Northern NSW in March 2017, the damage to homes, farms and businesses ran into the billions. But while the initial focus has been on the damage to buildings, crops and infrastructure, business owners also face a loss of income until repairs are complete and they can resume normal […]
Greater choice in home care

Greater choice in home care

Team Maddern
27/Apr/2017
When loved ones become frail and elderly, families may feel that moving them into a retirement home is their only option. But that’s no longer the case. Recent changes to home care provision funding now give older people more choice and control over the type of assistance they can receive if they want to keep […]
Tax and the super afterlife

Tax and the super afterlife

Team Maddern
20/Apr/2017
Death and taxes are never pleasant topics to think about, but a little careful consideration now could save the people who will inherit your superannuation savings a big tax bill. Many people assume there’s no tax payable on super death benefits, and in some circumstances this will be the case. But tax may be payable […]
A helping hand for small business

A helping hand for small business

Team Maddern
14/Apr/2017
It is universally acknowledged that operating a small business can be a risky and lonely enterprise, although if you are running your own show you’ll also be aware that it can be a rewarding one. If it does sometimes feel as if you’re waging a one-person battle against an indifferent world, there is help available. […]
Australian economy: still going strong

Australian economy: still going strong

Team Maddern
06/Apr/2017
Australia, take a bow. We are on the brink of overtaking the Netherlands’ record for the longest period without a recession and very close to pulling off an even greater feat. Not only have we survived the end of an extraordinary mining boom without going bust, but the economy is showing signs of renewed growth. […]
Using tax for effective property investing

Using tax for effective property investing

Team Maddern
30/Mar/2017
With Australian property remaining expensive and banks tightening their lending criteria, investors need to ensure their property investments are a financial success. A key element is maximising the taxation benefits flowing from your investment. This includes correctly structuring the loan and ensuring your deduction claims don’t fall foul of the tax man. Getting the structure […]
The cost of hobbies

The cost of hobbies

Team Maddern
23/Mar/2017
In modern times, hobbies have become an essential part of life. This sounds a bit weird, since by definition, they’re activities that you choose to do for yourself. Since the advent of the eight hour day and the rise in average wealth in Australia, it’s got to the point where having a passion outside your […]