A big pay rise is a moment to celebrate. You’ve earned it—whether through hard work and dedication or maybe through a promotion or new job. But before you upgrade your car, move into a bigger home, or start dining out more often, there’s a silent financial trap you need to watch out for: we call it lifestyle creep. What Is Lifestyle Creep? Lifestyle creep happens when your spending increases in line with your income. It’s not reckless—it’s subtle. You start buying nicer cloth

When it comes to building wealth through investing, few concepts are as powerful—and as misunderstood—as compound interest. Often called the “eighth wonder of the world,” compound interest is the process where your investment earns returns, and those returns then earn returns themselves. Over time, this snowball effect can turn modest investments into substantial portfolios. What Is Compound Interest? In simple terms, compound interest means you earn interest not just on your

Superannuation is a great way to save for retirement, but sometimes you might contribute more than the annual concessional (before-tax) cap. The cap is currently $30,000 and includes employer contributions and salary sacrifice.  When you submit your tax return, If an excess occurs,  the Australian Taxation Office (ATO) will send you a letter called an “excess concessional contributions determination.” This letter gives you two choices for handling the excess amount: Your Two

Milestones aren’t just about celebrating life’s big moments, they’re also important when it comes to financial planning. To help you make...

Providing financial assistance to your adult children is one of the top 5 goals we regularly discuss with clients.  There are many layers...

When an elderly parent needs residential aged care, one of the biggest financial hurdles is the Refundable Accommodation Deposit (RAD) -...

30 June is around the corner, so here are a few useful strategies for the end of financial year: Top up your super Personal deductible...

The transfer balance cap limits the amount of superannuation you can move into a retirement income stream (known as pension phase)....

Creating generational wealth is new skill set for many of us.  As our society becomes wealthier new complexities arise in managing and...

We know superannuation can be complex, but there are some amazing benefits and features available to take advantage of.  Did you know...

Thinking about taking control of your retirement savings with a Self-Managed Super Fund (SMSF)? Here's a comprehensive guide to help you...

If you're new to investing and seeking a seamless way to grow your wealth, index funds might be the ideal solution. Let's delve into what...

New changes to aged care fees are coming from 1 July 2025, and they will impact both home care and residential care. After a long wait...

So, you thought your financial plan would be straightforward—but then your adviser says, “You’re complex,” and you’re left wondering,...

The share market can be a confusing place, filled with misinformation. Let’s take a moment to debunk some common share market myths to...

No one likes to talk about getting old, but when you or a family member needs help, there’s no getting around it. This year, I...

Adding to your spouse’s superannuation account is a great way to grow your shared retirement savings. In some situations, it can also...

The retirement condition of release allows members to gain unrestricted access to their superannuation and to convert transition to...

There are a lot of reasons why trustees might choose to wind-up their SMSF from performance to a change in circumstances. We look at the...

Professional services are highly respected careers and generally well recognised for earning high incomes. What is less talked about is...