Coping With Bigger Loan Payments

Coping With Bigger Loan Payments

Borrowers all around the country will be very keen to know if the latest Reserve Bank interest rate increase will be the last. Are we there yet? There is a good chance that we are. When announcing the last rate rise the RBA Governor said sternly that we shouldn’t be...
Government Contributes to Inflation

Government Contributes to Inflation

The Reserve Bank surprised most analysts and raised interest rates another notch last Tuesday. This creates the distinct impression that the Bank does not have confidence that the Treasurer and Government will do enough in the Federal Budget to help control inflation....
The RBA Walks a Fine Line

The RBA Walks a Fine Line

The Australian economy is performing strongly at present. There are widespread job vacancies. Shortages of goods and delivery delays continue, though the holdups are reducing. Yet some economists are talking of a recession ahead. What is the logic? Inflation has...
Understanding Aged Care Fees

Understanding Aged Care Fees

Many older Australians eventually reach a time when they need assistance with some of the tasks of daily living. In some cases their needs can be satisfied by carers visiting while they continue to live in their own home. In other cases residential aged care is...
Are Super Fund Valuations Accurate?

Are Super Fund Valuations Accurate?

Super fund members rarely think about how the value of their account is calculated and whether it is accurate. They accept the figure online or in the annual report. Is it accurate? Super funds own different types of investments. Most are traded on a market, with...

Super Contribution Options

Tax deductible superannuation contributions can be very beneficial as discussed last week. It is also possible to make non-tax-deductible contributions to super. They are called non-concessional contributions and the limits on amounts allowed are much higher. The...