News
COVID-19 – ADVICE FOR FPA MEMBERS
The FPA is closely monitoring the outbreak of respiratory illness caused by coronavirus (COVID-19). The World Health Organisation (WHO) has declared the outbreak of COVID-19 as a Public Health Emergency of International Concern. You can access the latest information on COVID-19 from the Australian Government Department of Health. Please find information and latest updates on […]
Read MoreShow me the cashflow!
When it comes to managing finances and building wealth, there’s one key conversation I have with all my clients – spend less than you earn. It seems so simple, yet for many it can be difficult and for some, just impossible. Others, however, may just think it’s impossible… Sometimes knowing what you spend is half […]
Read MoreAre we too comfortable with debt? What you can do.
Australians have some of the highest amounts of debt in the Western world. What can you do to manage your own debt? Credit cards, zero per cent balance transfers, lines of credit, interest-free store loans…it really has never been easier to spend money that you haven’t yet earned. Throw in low interest rates and a […]
Read MoreProperty and your financial plan
Whether it’s a discussion about buying a family home or building a property portfolio, the steps to successful investing remain the same. You need to understand why you are investing, how that investment is going to meet your needs and what compromise you will need to make to get there. Being clear on the answer […]
Read MoreInsurance: are you putting yourself at risk?
Insurance can sometimes seem counter-productive, especially if you’re paying premiums year after year and never making a claim. Managed wisely, however, it can be a valuable partner in your long-term wealth creation plans, and guard against severe financial disadvantage if your circumstances change. As with any investment, choosing the right level of insurance cover can […]
Read MoreSuper strategies for end of financial year 2016
The end of the financial year is fast approaching. It’s not too late to review your situation to take advantage of strategies that may be appropriate. Let’s take a look at some of the strategies and incentives that you can consider regarding super. Super co-contribution Under this incentive, for every dollar you contribute, the Government […]
Read MoreCaring for elderly parents
Do you help care for an elderly parent or special someone? This post outlines some of the issues you may need to consider. As we live longer, more and more Australians are becoming part of the sandwich generation, finding themselves caring for an elderly parent whilst also looking after their own children. This can put […]
Read MoreBuying residential property results in unavoidable concentration risk
The decision to purchase a residential property in Australia is an expensive one. The median property price in our two largest cities at the end of 2015 was $718,000 in Melbourne and in Sydney this increases to $1,013,000. Melbourne and Sydney have been called the fifth and second most expensive cities in the world respectively, […]
Read More6 ways women can make more of their super
Women have to work their superannuation investments harder to help improve their retirement income. Lower salaries and time out of the workforce to raise families leave women with less than half the retirement savings of men, according to a recent ANZ study A Senate inquiry is underway to examine the problem but in the meantime, […]
Read MoreAre you committing (financial) infidelity?
Do you have a secret bank account, stash of cash or credit card that you keep from your partner? How about that pricey pair of shoes you omitted to tell your husband about? Or, the money you covertly set aside after you scored a bonus at work? If your answer is a sheepish ‘yes’ to […]
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