It's possible

understanding with invest blue

Holiday spending and the economy

Did you know last year Australians spent $52.9 billion dollars over the festive season? Given the ongoing financial impacts of COVID-19, we share some key insights into the 2020 expected holiday spending figures and how you can further support the Australian economy.

Recent insights from the Australians Retailers Association reveal Christmas holiday spending is expected to increase by 2.8 per cent this year, injecting $54.3 billion dollars into the economy. This may come as a surprise considering the financial disruptions many have faced this year due to COVID-19.   If you would like to discuss your options and... view article
December 2nd 2020

Negative Vs Positive Geared Investment Properties

Gearing is the process of using borrowed money to make investments. The income from investments can either be positively geared or negatively geared, each has its own advantages and disadvantages.

When it comes to choosing any investment your timeline, goals, overall financial position, and risk tolerance should always be front of mind. Once you understand what your goals and motives are, considerations such as choosing a negative or positive geared property can then be considered.   If you would like to discuss your options and how... view article
November 27th 2020

How much does a single person need to retire?

Did you know over the last decade there has been a rise in Australians living and retiring solo? So, you’re not alone! Financially it can be harder for singles in retirement compared to couples, and many people do wonder how much does a single person need to retire?

With divorce rates highest amongst those nearing retirement (eg. aged 50 ) as reported by the Australian Bureau of Statistics, this is a key reason for why more Australians are entering retirement single. There are of course many other reasons you may find yourself retiring single such as from separation, a partner passing or simply... view article
November 20th 2020

Expenses to Consider When Moving Out of Home

Moving out of home for the first time is a huge milestone in life. Finding a sense of freedom and independence is an exciting time however like any milestone, it is one you should prepare and plan for financially.

Costs to consider when moving out The one-off expenses that are top of mind are not the only ones that you will incur when you move out of the home. Those who start living away from home for the first time may also find a flurry of other unanticipated expenses, especially during the first few... view article
November 18th 2020

Ask an Adviser – Your dream retirement

In this month’s edition of Ask an Adviser, we interview our Financial Planner, Goran Velevski to answer your top asked retirement questions on how you can plan to live your best possible life in retirement.

So, you’re starting to seriously think about retirement and are asking such questions as ‘when can I retire?’ and ‘how much do I need to retire?’. These are all common queries, especially for those transitioning into retirement. In order to help answer these questions some key areas that need to be considered including reviewing your... view article
November 17th 2020

Should I see a financial adviser? 5 valuable reasons why

Have you ever thought should I see a financial adviser, is a financial adviser worth it or what does a financial adviser do differently over a do-it-yourself (DIY) investor?

According to the global investment manager, Russell Investments, they offer a lot more benefits than just financial advice. We know from experience that there are many tangible and intangible benefits that a great advice relationship can provide a client. In their latest Value, an Adviser report Russell Investments was able to quantify the tangible investment benefits,... view article
November 12th 2020

RBA cuts interest rate to record a low of 0.1 per cent

Interest rates have been slashed once again in hopes of boosting the economy.

On 3 November 2020, the Reserve Bank Australia (RBA) cut interest rates to a new record low of 0.1 per cent down from the previous 0.25 per cent. The decision for the cut was made as an economic response to Australia entering a recession in hope to further boost the economy. This is good news... view article
November 5th 2020

Our take on the Federal Budget 2020 – winners and the forgotten

What do we think about the Federal Budget 2020?

Compared to other years the latest budget is relatively tame, with little change that would have an immediate impact on the financial advice we give our clients. With that said, some areas came out on top and some opportunities were missed altogether. This year’s 2020 Federal Budget was one of the most critical for the... view article
October 27th 2020

Current scams in Australia targeting your hip pocket

Did you know in the last year the combined financial losses of current scams in Australia were over $634 million as reported by ACCC’s Scamwatch?

A terrible reality many Australians are facing as sophisticated scams target our vulnerabilities and become more prevalent during the ongoing health and financial crisis we’re experiencing. You may think that these scams only affect our older Australians, when in fact they’re painfully swindling most age groups at a similar rate. Those aged 55 to 64... view article
October 16th 2020