Credit card fraud on the rise Card fraud has been on the increase, more than doubling to $2.1 billion during 2014-15 from $1 billion in 2010-11, according to Australian Bureau of Statistics (ABS) figures. Credit cards are targeted more than debit cards. The good news is that in most cases you won’t be liable for […]
Introduction A few months ago Reserve Bank Governor Phillip Lowe provided four common sense points we should all keep in mind regarding borrowing to finance a home. (The Governor’s speech can be found here). I thought they made sense and so summarised them in a tweet to which someone replied that every checkout operator knows […]
Many younger Australians are joining the Financial Independence, Retire Early (FIRE) movement. Is it right for you? When you’re starting out in the workforce and building your career, retirement can seem like a long way away. And with the age at which you can access your super and age pension creeping up—not to mention the increasing cost of living—you […]
The next ‘it’ suburbs are often those where renovators are hunting for bargains. Falling property prices are creating more opportunities for investors, first-home buyers and growing families considering whether to buy, renovate or detonate the dwelling in their dream postcode. Analysis of the nation’s capitals shows pockets of value in prestigious postcodes, the next generation […]
The first strategy is to always pay more than the minimum. Fifteen years after we first signed our lives away, we reached our goal of becoming mortgage free. We queued at the bank to make that final mortgage payment, and found that with one simple transaction, one signature and the bank teller’s words of, “well […]
Being a Financial Planner at Tailored Lifetime Solutions is not just about Superannuation and Investments. It is about putting our clients’ needs first and making a real difference in their lives. For us, our values of Security, Peace of Mind and Genuine Care ring true and can be found in many of our clients’ stories. […]
Are you entitled to a tax deduction on personal super contributions? Published 17 April 2018 Last financial year was the first time that employees were able to claim a tax deduction for their personal super contributions. Personal super contributions made during the 2017-18 financial year can now be claimed as a tax deduction by most […]
JAMES COLQUHOUN AUG 20, 2018 Headaches? Tension in your back? Tight jaw? Not sleeping well? It sounds like something is playing on your mind. Take your pick of the below 7 health hacks to train your mind to find its happy place, no matter what life throws at you. Get ready to rediscover some zen in your […]
Why would you consider this strategy? Your family home loan is not considered good debt because it doesn’t generate an income and the interest repayments are not tax-deductible. Debt recycling is a way to recycle the non-deductible debt from your family home into tax-deductible debt. You may even use any earnings from this ‘debt recycling’ strategy to pay off the […]
AMP Capital chief economist Shane Oliver says he expects the Australian dollar ($A) to weaken further – making unhedged offshore investments more attractive — as interest rates continue to rise in the US. However solid commodity prices should put a floor under falls. So far this year the $A has fallen from around US$0.80 to […]
Tailored Lifetime Solutions has been awarded the Firm of the Year at the 2025 Count.ed Conference on Hamilton Island. Chosen from a strong field of finalists, Tailored Lifetime Solutions was acknowledged for our professional excellence, commitment to clients and contribution to the advice community. The awards shine a spotlight on the Count network’s most outstanding […]
We look at how much money you might need each year and ways you can still budget for your social life. Australian retirees generally need a certain budget each year to live a modest or comfortable lifestyle, and industry figures recently revealed the highest annual increase in those budgets since 20101. The Association of Superannuation […]