The key to life is living, not retiring, but there may come a time in your life when you want to change what you’ve been doing and either stop working completely, or take a long holiday and work out what’s next.
The key to life is living, not retiring, but there may come a time in your life when you want to change what you’ve been doing and either stop working completely, or take a long holiday and work out what’s next.
Imagine you were no longer able to look after your financial affairs, or, less dramatically, simply found it an increasing burden to manage your money. How easy would it be for a trusted family member to step in and help you?
Tired of paying rent to a lazy landlord and watching your friends become homeowners, you crunch the numbers and figure out you can get a home loan at an interest rate of around 3.7% per annum.
Personal insurances are designed to provide protection from the financial consequences of death or disability. They therefore form an important part of most financial plans. Here, in brief, is how they work.
The Fair Work Commission has announced a 3.0% increase to minimum wages following its 2019 Annual Wage Review.
At it's meeting today, the board of the Reserve Bank of Australia have announced a drop in the cash rate by 25 basis points to 1.25%, a new record low.
In a statement from Reserve Bank of Australia Governor Philip Lowe, it confirms "the Board took this decision to support employment growth and provide greater confidence that inflation will be consistent with the medium-term target".
Recently, the Federal Government introduced the Protecting Your Super package, designed to ensure that members are not paying for insurance cover that they do not know about, or premiums that inappropriately diminish their retirement savings.
At it's meeting on May 7th, the board of the Reserve Bank of Australia have announced the cash rate will remain unchanged at 1.50%
The Reserve Bank of Australia (RBA) and the major trading banks may play the most visible role in setting interest rates, but in many cases they are being reactive rather than proactive.
Share markets have rebounded nicely in the first quarter of 2019, after major declines late in 2018 due to US Federal Reserve tightening, US-China trade tensions, and fears of a slowing global economy. In the US, the S&P 500 rose almost 13% in the quarter, and at home our ASX 200 climbed almost 11%.
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