Australia has a generous benefit system, ranging from unemployment benefits to aged and disability pensions. But the cash that the Government provides is not the only way they help. Payment recipients can also claim some additional extras which can also make life a lot easier. And the best news is that sometimes you only need to qualify for a small Government payment in order to access these added extras.
Every time we tap or swipe to make an electronic payment, or send a direct debit, there is someone who knows exactly what we have spent our money on. That someone is, of course, our bank. What they can tell us about our overall spending is fascinating.
Twice a year, Commonwealth benefits are automatically adjusted. In the current high inflation environment, this month’s adjustments are quite substantial.
What’s the ideal age to retire? We came across some intriguing research recently that shows that people’s ideal retirement age changes as they get closer to actually retiring. And, perhaps surprisingly, the closer we get to leaving work, the more we want to keep working!
You can generate super savings in two ways: contributions and investment earnings. While you work, investment earnings are really important. Once you retire, earnings become even more important.
Working Australians contribute money into super each year. It may be tempting to think that these contributions make up the bulk of your retirement savings. But, for most people, that’s not how it works. There’s a super secret and we want to let you in on it.
You know that the worst of Covid is behind us when the rules for your super start to bounce back to normal. On July 1 this year, we saw yet another temporary Covid measure come to an end. Minimum income stream payments are back to where they were in 2019.
The Women’s World Cup is on and the Matildas are playing magnificently! They have already made the final eight, and this weekend they have the chance to push through to the semi-finals. Here’s just a few ‘money management tips’ from the Matildas.
Did you know that there is more than one type of money? In countries like Australia and the US, which use fiat currencies and central banks, there are really four types of money. Read on to find out more.
As financial planners, much of our time is spent happily helping people plan for retirement. But one of the things we really love doing is helping people plan for other important and special times of their lives. Becoming a parent is one such time.
