What is diversification?

What is diversification?

Diversifying your investments will reduce their risks and volatility, but what does it involve? Often described as “not putting all your eggs in one basket”, diversification is crucial to reducing the volatility of investing. It’s about spreading your risks. We know...
What does it really cost to raise kids?

What does it really cost to raise kids?

We often hear that raising kids is expensive, but just how much will it cost you over the first five, 10 or 20 years? Here’s a closer look at the costs of each stage of life. If you’re thinking about having kids, or have already taken the plunge, you might be...
Deferred loan repayments

Deferred loan repayments

What you need to know if you deferred your loan repayments due to COVID-19. If you’re one of 900,000 Aussies who deferred their home or business loan due to COVID-19, you could be getting a call from your bank in the next few weeks. Here’s our guide to your...
Changed to pension drawdown and deeming rates

Changed to pension drawdown and deeming rates

The Australian Federal Government has proposed two key measures to help retirees and those receiving income support to manage the financial impact of COVID-19. 1. Lower minimum pension drawdown rates The government has announced a 50% reduction in the minimum income...