When you’re desperately trying to save up a deposit for a home and just see the prices of property climbing and climbing, it’s difficult to remain patient. But there is another way: a guarantor can help. If you don’t have a substantial deposit for a home loan, there are still a number of ways to … Read more
By Tony Kaye, Senior Personal Finance Writer, Vanguard Australia The Federal Government announced in the May Budget that it is widening the scope of the scheme allowing eligible Australians to sell their home and put extra money into their superannuation. First introduced in the 2018-19 financial year, the “downsizer measure” has provided an opportunity for … Read more
By Tony Kaye, Senior Personal Finance Writer, Vanguard Australia You’re ready to start investing, but there’s a few things holding you back. Firstly, while you have a bit of money set aside, you don’t have a lot and you’re thinking it’s probably not enough to start off with. You also don’t know a lot about … Read more
Returning to work after maternity leave can be difficult and needs careful planning. Here are our tips to help make the transition much smoother. When considering childcare When you return to work, you might need to put your kids in childcare. This can be expensive, costing up to $140 a day, which is a big … Read more
Fixing the roof is easier, and more enjoyable, when the sun is shining. What a shame then that we only tend to look critically at our investments when it’s blowing a hooley in the markets and we are scrabbling around for buckets to catch the drips. A year into the most remarkable recovery for stock … Read more
For many Australians, the decision to move into retirement living can be difficult and fraught with emotion, yet downsizing is a process most of us will go through. When the time comes to taking the next step, there are many considerations to weigh up. Cranbrook Care, a multi-award-winning provider of premier aged care and retirement residences, … Read more
A private sale can be a great alternative to an auction, potentially landing you a sale that’s perfect for your situation. We’ll help you create a plan with your agent so you can work towards the best outcome. 1. Choosing the right agent Your agent is crucial to the outcome of your sale, so it’s … Read more
If your business is paying rent while your super sits around getting fat, it’s time to consider putting your super to work. Is your business paying rent to an investor for its premises? Using your self-managed super fund (SMSF) to purchase business premises means that your business would pay rent, at market rates, into your … Read more
Understanding exactly how much of what you spend is tax deductible is crucial for understanding what you can spend on your business (and when). People often fall into the trap of thinking that spending a dollar on tax deductible expenses or assets will save a dollar in tax. But the tax man isn’t that generous. In fact, … Read more
