Increasing your Age Pension entitlements by renovating the family home
One of the quirks of Australian society, including its taxation system, is that it puts home ownership at the centre …
MGA Financial
How is your credit score affected by COVID-19?
If you’re one of the many Australians financially impacted by COVID-19, who have deferred $218 billion worth of payments this …
Downsizing your home? Understanding the downsizer contribution
Downsizing the family home is often part of the longer-term financial plans for many older Australians. But did you know …
The 101’s of Self Managed Super Funds: some basics and benefits explained
In the right hands, a self-managed superannuation fund (SMSF) can be a beneficial way to build wealth for retirement. Whilst …
Retirement Realities: Five Tips for Rebuilding a Super Future
Australians will need to rebuild their superannuation and retirement savings, after withdrawing more than $36 billion in early super release …
How much do I need in my emergency fund?
In these uncertain times, it pays to have money set aside to give you peace of mind that if your …
Economic update and market commentary
The Covid situation took a turn for the worse, as spiralling infections saw new lockdowns introduced in Australia. The government …
Learning the lessons of 2020: An extraordinary year
When the COVID-19 pandemic hit Australia in March 2020 it brought immediate and severe financial gloom. Shares plunged 37% and …
Economic Update and Market Commentary
Risk assets including equities and credit continued to power ahead in April. Locally, the share market and the Australian dollar …
Good news – Super contribution caps to rise
On 1 July 2021, both the concessional and non-concessional superannuation contribution limits, also known as ‘super contribution caps’, will rise. …