Financial Planning articles
What’s better – salary package car via Novated lease or buy outright?
The decision to buy or lease a car is something that needs to be given full consideration because it is an investment to our means of livelihood. Most of us cannot afford to buy a car outright or even if one can, it is at the cost of something valuable...
Should I Invest in Managed Funds?
Is it right to invest in managed funds?
The concept of managed fund is not new in Australia and was first introduced in 1930s. It provides investors the opportunity to dip their toe in the investment market. According to Australian bureau of statistics, managed funds have more than $1.3 trillion of...
How Much Do I Need to Buy A Home?
The Australians are looking at the property market with eager eyes because of the record low interest rates these days. So, how much to save and how much to take loan? This question comes in everyone’s mind who is looking to purchase a property. After all, opting for a mortgage...
Paying insurance from super vs paying insurances personally, which is better?
Deciding whether to have your insurance from super fund or paying it personally can be a complex decision. The question that arises is which one is better? There is no straight answer to this question as each has its own pros and cons.
The main disadvantage of paying insurance through super...
Should I buy shares for income or for growth?
You make investment in shares either for a regular income or growth of your investment. In an ideal world, you would like to invest in the shares which offer regular deividends and record higher capital growth. While it might be possible for some companies to combine the two, but often...
Which is better, an apartment vs a house for investment?
Are you looking to invest in the Australian property market? What are your options? Should you invest in an apartment or an old house? Unfortunately, there are no easy answers.
Historically, Australians loved living in freestanding houses on a quarter-acre of land. Europeans, on the other hand, such as Germans and...
The ABC’s of Child Care Rebates
The government’s child care rebate program is a vital part of many Australian family’s budgets. With a bit of research and some guidance, the process can be painless and straightforward. The rebate program covers 50% of all out of pocket child care expenses (up to $7,500 per child), for child...
Making an election to stay resident vs non-resident for tax if working overseas?
As the world has converted into a global village, people often live and work in a country other than their home country for better living or work opportunities. People come from other countries to work in Australia and vice versa; for their skills and expertise to be well rewarded.
As the...
Review your Life Insurance policy
There has been a lot of media attention this week on the validity and strength of Comminsure life insurance policies with several case studies of people who have been declined claims based on what would appear to be valid claims on the surface.
It is...
Australian Innovation Grants: Can Small Business Play Too?
Today, more than ever in human history, technology is transforming and defining how we live, work, and communicate. Businesses who fail to recognize this fact, do so at their own peril.
Groundbreaking development, research, and innovation are often thought of as the domain of large corporations and publicly held companies. This...