Shorten’s 6 big tax slugs to hit Aussie middle class

By Paul Rickard  January 10, 2019 In a little over four months, Australians are set to elect Bill Shorten as their 31st Prime Minister. He will lead a left of centre, anti-business Government that will slug millions of Australians with higher taxes. Those impacted will include investors, self-funded retirees, small business entrepreneurs, professionals, managers and savers.…

The 20 Commandments of Wealth for Retirees

By legendary financial adviser Noel Whittaker 1. Ignore the prophets of doom – they are always with us and usually wrong. 2. Make sure your children have adequate insurance. It’s much more affordable than your funding their misfortune. 3. Understand compounding, and appreciate that the rate of return your portfolio can achieve will be a major factor in how long your…

How to make the most of your super when paying for residential aged care

  by Louise Biti      9 Aug 2018   Australian Financial Review Residential aged care would be an expensive proposition if the government did not subsidise the cost of care. In 2016-17, the average subsidy paid by the government was $49,724 per resident. Residents generally pay for accommodation plus basic living expenses ($50.16 per day). They…

Five financial stages in everyone’s life

by Don Ezra We go through stages in our lives. Sometimes it’s useful to look at how our psychology changes as we move from one stage to another. This article describes five financial stages, looking at minimum, successful and exceptional standards. I don’t have numerical benchmarks for you. Individual circumstances vary too much for standardised benchmarks.…