In the pursuit of financial security, Australians diligently build their wealth through savings, investments, and superannuation but often overlook Income protection insurance. Yet, the most foundational asset underpinning this entire structure is often the most overlooked: the ability to earn an income. An unexpected illness or injury can instantly remove this cornerstone, jeopardising everything from…
Death and Disability Insurance is often included in the superannuation of many Australians, which is a cornerstone of their retirement planning. Beyond its role in building a nest egg for the future, your super fund can also provide a crucial safety net for you and your family in the event of unforeseen tragedy. This safety…
In the journey of life, we plan for milestones, but unfortunately, Trauma Insurance and Income Protection Insurance are seldom considered; buying a home, starting a family, and building a career take precedent. Yet, few of us like to plan for the unexpected detours, like a serious illness or an injury that stops us from working.…
Navigating the Australian property market can feel like setting sail on a vast and complex ocean. With countless lenders, ever-changing interest rates, and a sea of paperwork, it’s easy to feel adrift. This is where a good mortgage broker can act as your financial navigator, steering you towards the safe harbour of a suitable home…
End of Financial Year or June 30 (as it's commonly referred to) looms, and pressure starts to build. For many Australians, it’s a time of frantic document gathering. There’s also a sense of dread about the tax bill to come. But what if you could change that narrative? What if End of Financial Year became…
Retirement. For many, the word conjures images of leisurely days, exotic travels, and the freedom to finally pursue long-held passions. But for a startling number of Australians, the prospect of their golden years is clouded by financial anxiety. A recent UniSuper study found that over 90% of us are worried about retirement, with money being…
Navigating the complexities of personal finance can often feel like sailing in uncharted waters, and this includes finding a financial adviser. From managing daily budgets to planning for long-term goals like retirement, the journey is fraught with decisions that can have a lasting impact on your financial well-being. In Australia, the financial landscape is further…
Deciding whether or not to set up an SMSF is a significant financial decision that should not be taken lightly. Before you take the plunge, it’s essential to consider your personal circumstances carefully and whether you have the time, expertise, and commitment to manage your own super fund. Here are some key questions to ask…
“Total and Permanent Disability Insurance” is designed to relieve financial pressure in case you become permanently disabled as a result of illness or injury. The statistics paint a sobering picture: approximately 9 million Australians currently hold Total and Permanent Disability (TPD) insurance, yet many remain underinsured or completely unaware of what their policies actually cover. The…
Before diving into strategies, it’s essential to understand what you’re paying for and what levers you can touch to reduce mortgage repayments. What you pay: principal, interest, fees Principal: the original amount borrowed (or the outstanding balance). Every repayment contributes to reducing this to some extent. Interest: the cost of borrowing – usually expressed annually…
