If you own a home, you may be able to utilise the equity on your home loan to purchase a second property. Given current all-time low interest rates, now may be a good time to consider this option.
We put the spotlight on the health and wellbeing in our workplace for two quarters in a row. With some amazing feedback and results from our people we decided to document our activities and some of the company wide benefits to share with you, which included improved work efficiency. Our activities ranged from weekly health challenges, one dedicated health wellbeing day off per quarter and weekly check ins with the team.
What to do with a lump sum of money; whether it be from an inheritance, a gift or a withdrawal from your superannuation or retirement savings.
There are now more options and flexibility available within superannuation and retirement planning with recent changes to the superannuation work test age as set in the 2019 Federal Budget. From July 1st 2020 the superannuation work test age will be moved from 65 to 67 years of age, allowing more time for Australians to save for retirement.
How are Australian's coping with debt stress, and what will happen when JobKeeper payments end?
There’s a lot to take into consideration when choosing your next investment, from market performance and your risk tolerance to your long-term goals and dreams. Whether it’s your first investment or the latest addition to a growing portfolio each of these factors needs to be researched and considered in order to make an educated investment selection.
Protecting your family from life’s unexpected
There are many events in life which may result in you taking out a loan and as a result acquiring debt. From weddings, cars, your home, education, the list goes on. Although we may perceive debt to be bad, in some cases borrowing money could enable you to grow future wealth. It all comes down to successfully managing your debt, avoiding unnecessary bad debt and having a plan to reach financial freedom and security.
If you have multiple small debts, you might have wondered if debt consolidation is a good idea. There are benefits of debt consolidation like easier debt management and sometimes it may ease the financial pressure of having multiple debts. But before you go ahead, you should first consider the pros and cons, other available options and the long term impacts it could have on your financial position.