Since the financial crisis more than a decade ago, investors have had to search much harder for income as savings rates have plunged. Many have looked to the equity market to help them achieve better income returns, with large numbers of companies increasing dividend payments to shareholders as they have grown. It is likely that […]
Despite the recent wild ride for markets coping with the uncertainty of the coronavirus pandemic, many investors are well-versed in the need to “sit tight”. They understand that moving out of positions in falling markets risks crystallising losses at the bottom and missing out on the recovery. For retirees it’s not so simple, […]
There are only certain people who can inherit your super when you die. There are also two different types of nominations you can make. Here’s what you need to know before making your super beneficiary nomination. Super is different from other assets, such as your house, because the trustee of your super fund ultimately decides […]
Wearable technology can monitor our heart rate and tell us how much sleep we’ve had, but what about our financial wellbeing? If you could benefit from a Fitbit for your finances, read on. Just like your physical health, the more you can monitor what’s happening with your finances, the easier it will be to […]
Introduction The blanket coverage of coronavirus and its impact on the economy can lead to a lot of confusion. Some reports are hopeful of anti-viral drugs, others say a vaccine is at least a year away. There is talk of curve flattening but still rising cases and deaths. There is news of an easing […]
The Coronavirus pandemic has disrupted every aspect of our daily lives from workplace closures to schooling children at home, from lockdowns to panic buying. Globally, as of 9 April 2020, there have been 1,395,136 confirmed cases, including 81,580 deaths reported to the World Health Organisation. In Australia, from Jan 26 to 9 Apr 2020, there have been 6,052 confirmed cases […]
Are you behind on your bills and struggling to cover your rent or afford food? Whatever your situation, there are services that can help you. Emergency relief If you urgently need help with living expenses there are charities and community organisations that can help you with: One-off food, transport or chemist vouchers Rent or accommodation […]
There’s an old saying that you shouldn’t make short-term decisions with long-term consequences. But that’s exactly what the Government is inviting many of us to do by relaxing the hardship provisions of superannuation to try to help people struggling to make ends meet in this coronavirus-ravaged world. Let me say at the outset, my intention […]
It may not be something you think about much. It may even make you uncomfortable to examine the way you manage money and think about whether you’d be able to cope if you suffer a significant financial setback. But your financial wellbeing can impact every area of your life, so it’s worth taking the time […]
The past week has seen a renewed escalation in concern that the coronavirus outbreak (Covid-19) has become or is becoming a global pandemic. This is first and foremost a human crisis and our thoughts are with all those affected and those trying to combat the outbreak. Naturally though investment markets are starting to become increasingly […]
