Insights

How can you buy property with your superannuation?

Budget, Insights, Investing, News, SMSF, Super
Self-managed super funds (SMSFs) remain a popular retirement funding option for Australians due to greater control and investment flexibility. Many SMSF members have also gone on to harness an SMSF’s full potential with property investment.  In this post we explore why you may want to use your super to buy property through an SMSF and…

The 3 main reasons you might be selected for an ATO audit

Insights, News, Tax
Each year, the ATO reveals what they will be targeting when it comes to tax returns.  But these aren’t the only reasons you may be selected for an audit.  The last thing anyone wants is to be audited, so what are some of the most common reasons you might be selected and how can you avoid…

Expanded Eligibility for Home Guarantee Scheme

Insights, News
The government has made it easier for more people to access the HOME GUARANTEE SCHEME in the new financial year. Eligibility criteria for all elements of the scheme, including the First Home Guarantee, the Regional First Home Buyer Guarantee, and the Family Home Guarantee, will be expanded. The main changes take effect from 1 July 2023 and…

How to be financially free

Most of the time when we talk about being financially free, the focus is trying to make as money as possible, as quickly as you can, so you can get on with the things you enjoy rather than work. However here’s the thing – what does it mean to be free? We have created incredibly…

How is your mortgage interest rate determined?

Insights, News
Being aware of the factors affecting your mortgage interest rate may help you position as a low-risk borrower and score a rate reduction. Here we explain the factors influencing interest rates, so you can increase the likehood of securing the best rate for your needs. Mortgage interest rates are a big factor in loan repayments…

How to manage financial stress and anxiety

Budget, Insights, News, Savings
Financial stress and anxiety can permeate every area of your life – from your relationships and parenting, to work performance and sleep.  It’s also one of the most common causes of marriage breakdown. But as bad as it might seem at times, know that there are things you can do to improve your financial situation and manage…

Is it better to use a financial advisor or do it yourself?

ETF's, Insights, Investing, News, Super
Money is one of the most important resources you will ever manage.  How you manage it will significantly impact your lifestyle, both now and in the future. So deciding on who gets to help you make decisions about money will be an important consideration. In Australia, you have two options: seeing a financial advisor or managing your…

How redraw facilities and offset accounts can save you money

Insights
Most of us have probably heard of the terms ‘offset account’ and ‘redraw facility’, but what actually are they, and how can you use them to leverage your wealth?  This article explains what offset accounts and redraw facilities are, how they can benefit property owners, as well as considerations to make before taking them out.…

16 tips for saving on your next holiday

Budget, Insights, News
We know how costly holidays can be, especially with extra expenses such as insurance, eating out, tours and excursions all loaded on top. But saving for a holiday isn’t complicated, and shouldn’t stop you from experiencing the world with your family and friends. There are hundreds of budgeting hacks online.  But to save you time…