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Property: It’s a buyer’s market!

While the cost of living continues to rise, property prices are declining. This is good news for those looking to buy property, especially if it’s for the first time. Indeed, the State Government has introduced to parliament a proposal to give home owners the option of choosing Stamp Duty OR Land Tax. So, what do…

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Overwhelming: Taxes about to increase as cost of living gets tighter

Federal Treasurer, Jim Chalmers has indicated that some tax and revenue measures may need to be adjusted (aka increased) in the next annual Federal Budget in May 2023, or as soon as 25 October when a mini budget is scheduled to be presented to Parliament. With interest rates and everyday expenses also rising, it’s important…

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Australians are the richest people in the world?!

Credit Swisse recently released a global wealth report that showed the median Australian adult had a net worth of $US273,900 at the end of 2021, making them financially better off than adults of any other country. This reflects a favourable share and property market position for Australians at the time of the report. It is…

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Taking control of superannuation as a wealth-building strategy

superannuation

This month is an important one for superannuation funds as they go under the microscope once again for performance assessment. It’s got many members wondering how they can take control and start treating super not as a fall-back option, but as a driver for wealth. The government is reviewing default super funds for performance. You…

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Divorce rates have increased, and the way you settle your finances really matters

divorce

The 2021 Australian Bureau of Statistics census data recently released shows that 2.5 million Australians are now divorced; up from 2.2 million in 2016. Of 5.55 million families, nearly 1.07 million are now single-parent families. Divorce is an extremely emotional event and a huge milestone in anyone’s financial life. It is the emotional nature of a relationship…

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