Preparing financially for Aged Care

What you need to know about financing aged care and seeking financial advice Written by Adam Cursio, 7th July 2018 Dealing with complex financial issues at a time when your main concern is the health and welfare of loved ones can be challenging, not to mention time consuming and very confusing. Just getting a basic [...]

Major bank tightens screws on interest only loans

Major bank tightens screws on interest only loans ANZ said it will be regarding all interest-only loan renewals as credit critical event requiring full income verification effective 5 March. In a broker update last week, the bank said the change covers borrowers shifting from P&I to IO repayment type and those extending their IO terms. [...]

2017 Federal Budget Analysis

First home savers, downsizers and small business are the winners in Treasurer Scott Morrison’s second Budget – while taxpayers face an increase in the Medicare levy. Note: These changes are proposals only and may or may not be made law     Superannuation Contributions from downsizing the home Date of effect: 1 July 2018 Individuals [...]