How to help kids financially without a severe impact on your retirement savings

By Bina Brown   12 Jan 2018  Australian Financial Review   Family gatherings at this time of year may trigger talk of early inheritance or financial assistance with upcoming expenses. But, as they say on the airlines, fit your own oxygen mask before assisting others. It doesn’t matter whether the money is needed to pay for living expenses,…

How the government wants young people to use superannuation to save for a home

By Sam Jacobs   Business Spectator  9 May 2017 The Turnbull government will launch a tax break for people saving for their first home, in the form of voluntary contributions to superannuation. The First Home Super Savers Scheme will come into effect from 1 July this year. Savers will be able to make additional contributions…

Are Incentives for elderly to downsize homes coming?

DAVID CROWE Political correspondent Canberra @CroweDM The Australian  11 March 2017 The federal government will move within weeks to break down barriers that discourage older Australians from “down­sizing” to smaller homes, in a bid to release more property to the market and help tackle housing affordability for younger families. Retired Australians would gain new incentives…