RBA Announcement - December 2024
At its latest meeting, the Reserve Bank Board announced it was leaving the cash rate at 4.35 per cent.
The Value of Advice
The Russell Investments’ seventh annual Value of an Adviser Report revealed that Australian financial advisers added approximately 5.7 per cent in value to their clients over the past year.
Next move for Interest Rates?
An interest rate cut is widely expected in September in the US but in Australia, many commentators predict a rate rise before cuts.
2024/25 Financial Year Tax Cuts
The Australian Government has made changes to individual income tax rates and thresholds. This will apply to all taxable income you earn from 1 July 2024.
A $4.2 billion budget surplus announced
Treasurer Jim Chalmers presented a Federal Budget with a surplus, but more importantly an economic strategy to help ease cost-of-living pressures.
Developing a Retirement Budget Plan
At FLP, we encourage our clients to live the life they want to live by developing a plan to enjoy their money.
The 50/30/20 Budget
To achieve your financial goals in 2024, we need to know where our money is going. This is why having a budget is so important.
Six ways to pay off your mortgage faster
Paying off your mortgage early will save you money and take a financial load off your shoulders. Here are some ways to get rid of your mortgage debt faster.
Kicking financial goals in 2022
After a difficult year of COVID disruptions and uncertainty in 2021, it’s a chance to now refresh and reflect on the year that was and hopefully set some goals for year ahead.
Changes to Income Protection
Since October 1, there have significant changes made to Income Protection for new policy holders.
Planning for Retirement
Planning your dream retirement can be an exciting time. The chance to travel, time or pursue new hobbies, the possibilities are endless, but what will it cost?
Setting New Year financial goals
New Year is traditionally the season of fresh starts and personal resolutions. Along with diet and exercise, getting ahead financially is often what many aim to do.
Is food delievery eating into your budget?
The Australian food delivery industry is booming, with the ABS reporting an 18% increase in take-away spending over just three years.
Knowing your Credit Score
Most Australians are only vaguely aware – or completely unaware – of the fact that credit-reporting agencies monitor their financial transactions.
JobKeeper Changes
The new rules to JobKeeper mean that from 28 September, businesses need to show their turnover has fallen by 30 per cent in the September 2020 quarter, compared to the same period last year.
Instant asset write-off extended
To further support Australian businesses through the fallout resulting from COVID-19, the government has extended the $150,000 instant asset write-off for an additional six months to 31 December 2020.
The Homebuilder program
The Government has announced the new HomeBuilder program to support jobs and boost demand in the residential construction sector at a time when needed.
JobSeeker or JobKeeper?
In a rapidly evolving response to the spread of COVID-19, the Federal Government announced in March a new suite of welfare packages to help Australians who've found themselves out of work. Among them are the JobSeeker and JobKeeper payments. Here’s a rundown of how they work:
The average cost of Christmas
With the cost of Christmas festivities rising from year to year, it can be a jolly expensive time of year.
How much is the average mortgage?
An average home loan is close to $400,000, which may sound impressive in some parts of the country.
How much should I expect to get back on my taxes?
The ATO refunds billions of dollars each year, so how much should I expect to get back?
When do we become a cashless society?
With tap and go payments how much longer will we be still using cash as a form of payment?
The cost of raising kids
It’s only natural to want the best for the children in your life, but wanting “the best” for our children can often mean serious implications for the household budget.
10 tips to teach kids before 10
In a recent Radio Eastern Show, we outlined the 10 Money Tips to teach your kids before they turn 10.
