In this video, Andrew Dadswell, Senior Manager Consumer Communications, provides an update on ASIC’s Moneysmart program. Through Moneysmart, ASIC provides trusted tools, information, and guidance to help Australian’s take control of their money and make informed financial decisions. Start here. Original Author: Produced by Moneysmart and published on 03/08/2023
How much do you need to retire comfortably in Australia? Knowing how much money you might need, how long it will last can be tricky. Working out how much is enough for retirement depends on many factors, such as your lifestyle, plans for the future, and the number of years you’ll spend retired. Additionally, estimating how much you’ll have when you plan to retire depends on factors such as your current salary, super balance and …
Understanding home loans Chances are, buying a home will be the most expensive and exciting purchase you’ll make during your life. Like most Australians, you’ll need to take out a home loan to help fund your purchase. Here, we explain how different home loans work and what to look out for. How home loans work A ‘home loan’ or ‘mortgage’ is a sum of money loaned to you by a financial institution so you can …
How to prepare financially for starting a family Starting a family is exciting, but it can also mean big changes to your lifestyle and your finances. As expecting parents, it’s natural to have questions around family finance planning. One of the main questions you may have when starting a family is “how much do babies cost?” According to research, it costs an average of $140-170i. It could help to plan and have a family budget …
