How does an interest rate rise work? Commercial banks will have to pay a higher rate of interest on their short-term loans, an increased cost which they can then pass on to their consumers. What does this mean for me? Basically, the rise means that it will be more...
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Financial missteps can mean missed opportunities
In a world of constant financial noise, from market updates and interest rate speculation to economic forecasts, it's easy to feel overwhelmed and choose to do nothing. But inaction can be costly when it comes to building long-term wealth. Whether it's leaving money...
Next Chapter
Next ChapterEdge Advisory Partners merge with Coastline Advice in an exciting move 20 years in the making.With decades of experience, shared values, and friendship, Coastline Advice founder Darryn Jacobs and Edge Advisory Partners founder Shaun...
How do taxes work on an investment property?
As a property investor, you can expect your tax obligations to be different to someone who just owns the property they live in. Luckily, most of these tax changes are favourable and you will be entitled to a number of tax deductions. It's essential to be aware of your...
The power of two: couples who plan together
Why both partners should be involved in financial planning In many relationships, it's common for one partner to take the lead in managing finances. Whether it's due to a natural interest in numbers, a greater understanding of financial matters, or simply out of...
Tax deductible donations – get the most out of giving back
Donating to charity can be a great way to help others and give your tax return a boost, but not all donations are tax deductible. Here's what you need to know about making a tax deductible donation. Giving to charity or cause you care about is a win-win for both you...
Tax tips for the end of financial year
As the end of the financial year (EOFY) approaches, it's a great time to review your finances and implement strategies to minimise your taxes. Whether you're an employee, investor, business owner, or planning for retirement, here are some key considerations to ensure...
An EOFY checklist – what you need to know
As the end of another tax year rapidly approaches on 30 June, we've put together an End of Financial Year checklist to help you get the most from tax-time benefits. How you can prepare Don't put your Tax Return into the 'too hard basket'. You could enjoy an End of...
Granny flats: tax traps and tips
With more older Australians looking to downsize and younger generations looking to get a foot on the property ladder, building a granny flat or a second dwelling in your backyard has become a more affordable solution. In 2023, CoreLogic analysis of residential...
Can you really afford the big house, luxury car and holidays?
For many Australians, lifestyle choices are often seen as rewards for hard work. The big house. The new car. The overseas holidays. The designer labels. On the surface, these purchases seem like signs of financial success, but when you dig deeper, they often come with...
