What can a financial planner do for me in 2021? | Money & Life

What can a financial planner do for me in 2021? With the ups and downs of the COVID-19 pandemic largely behind us, now’s a great time to revisit your finances. So should you seek the help of a professional financial planner, or can you ‘do it yourself’? Read on to find out what a financial planner can do for you. After a rollercoaster 18-months, the financial shocks of the COVID-19 pandemic are finally receding from …

Buying a home in 2021? Read this first | Money & Life

Buying a home in 2021? Read this first Thinking about making a sea-change or tree-change? Wondering if it’s a good time to buy in the city? With house prices rising fast across most of the country, here’s what you need to know to get onto the property ladder. It’s official, Australia is experiencing a widespread property boom not seen for more than a decade. After COVID-19 put the brakes on the housing market early last …

Budgeting tips for students

Budgeting tips for students Starting or returning to study is an exciting time! But let’s be real, unless you’re also working full time, you’ll have less income while you complete your studies. That’s where a little planning can help make the most of your student budget. Surviving on a student budget isn’t easy, but don’t worry, it can be done. Whether you’re studying remotely this year, or returning to campus, we have some great tips …

Frugal February – how much could you save?

Frugal February – how much could you save? It’s the shortest month of the year so what better time to make a change and save some money? We’ve got three tips for each of the next four weeks to help those dollars pile up in Frugal February. Week 1 – the same lifestyle for less In week one, we’re easing you into the swing of saving with some good financial habits to get you into …

The benefits of contactless payments

The growth of contactless payments COVID-19 has accelerated our move towards a cashless society. If you can’t tell your Apple Pay from your AirPlay, now’s a good time to consider the benefits of contactless payments. It’s a very 2020 story. Your new homemade breadmaking skills are as uneven as the lump you lifted from your oven, so you pop down to the bakers for their tasty sourdough rolls. But as you make it to the …

Give yourself a new financial year check-up

Give yourself a new financial year check-up Start the new financial year in the best way possible by giving your finances the once-over. Financial year 2019-20 is now behind us and there’s nothing like closing a chapter to inspire thoughts of a fresh start. But global challenges persist: Australia is officially in a recession while also bracing for a post-JobKeeper economy in September. While it’s impossible to anticipate future changes to the global economy, there’s …

5 ways to help prepare your finances for a recession

5 ways to help prepare your finances for a recession If you think storms may lie ahead, it makes sense to prepare your craft for choppy waters. With Australia facing continued economic uncertainty, it may be time to take stock of your finances and get in the right shape. First the good news. The Australian economy fared better in the first quarter of 2020 than many other countries¹. To the end of March, the economy …

Five asset classes we’re watching in the COVID-19 recovery | AMP Capital

Five asset classes we’re watching in the COVID-19 recovery At a time when most investors are seeking out defensive positioning, savvy managers should have an eye to the opportunities provided by the unfolding pandemic. These may be asset classes that are already undervalued at the present moment, but also include those which stand to benefit from an eventual recovery to an extent not currently priced in by the market. The latter might not necessarily represent …

Making the most of tax savings before 30 June | Money & Life

Making the most of tax savings before 30 June The COVID-19 crisis is turning out to be a tough time for many households. Maximising tax effectiveness is one strategy for being smart with your finances. With the financial impact of COVID-19 being felt by many individuals and families, perhaps you’re looking to lodge your next tax return quickly to benefit from a refund. Before the end of the financial year arrives on 30 June, it’s …

Essential checklist for the end of financial year

Essential checklist for the end of financial year The end of financial year on 30 June is a good time to take stock and get your finances in order. This is an end of financial year like no other. Being prepared, reviewing your super contributions and submitting your return on time are good policies every year, but the shadow of COVID-19 (coronavirus) means many of us face unexpected pressures in a changing economic environment. Many …