Preparing for retirement during Covid-19

Nov 30, 2020 | Retirement

Timing is everything. It’s true in comedy, and it’s also the case when it comes to retirement. After decades of work, moving to the next stage of your life is a time of great anticipation. Your super is at its highest, you’ve planned for a lifetime of retirement...

What you need to know if you deferred your loan repayments due to COVID-19

Nov 30, 2020 | Financial Advice

With the initial six-month deferral period coming to an end, lenders have started contacting customers who deferred their home and business loans due to COVID-19. Over the next month, Aussie lenders will contact more than 450,000 borrowers to assess whether they can...

Economic Update

Nov 30, 2020 | Economic

Australia: The Reserve Bank of Australia cut the official cash rate to a new historic low of 0.1%. The Treasurer released Australia’s latest Federal Budget. This was essentially a ‘no-surprises’ package of measures designed for Covid-19 challenged times. Given the...

Five reasons why this downturn and subsequent recovery are different

Nov 4, 2020 | Financial Advice

This economic downturn and recovery differs from those of the past in that: the downturn was driven by a government shutdown; fiscal and monetary support has been faster and bigger; forced asset sales have been headed off; it’s dependent on containing coronavirus; and...

Five things to consider when saving for a house deposit

Oct 30, 2020 | Financial Advice

Before you can step onto the property ladder and buy your first home, you’ll likely have to do some serious saving to build up a deposit. Here are some things to consider that can help get you started, and on the road to home ownership sooner. Work out your current...