Home equity – the $500 billion resource for seniors

Published: June 14, 2017

Reverse mortgages are an option for asset-rich, cash-poor seniors to boost their cash flow in retirement, but there are downsides. The latest round of figures showing rising home values in almost all our state capitals highlights how many Australian retirees could have a valuable resource at their fingertips. Older Australians, who may not have enjoyed […]

Read more

Investing internationally now cheaper and easier

Published: June 13, 2017

Australians are keen investors with over 11 million of us holding investments outside of super. That’s great news! What we’re not so good at is spreading our money across different assets, and four out of ten investors admit they don’t have a diversified portfolio. In particular, we tend to focus on local investments yet there’s […]

Read more

It pays to contribute to your partner’s super

Published: June 9, 2017

If your spouse (husband, wife, de facto or same-sex partner) is a low-income earner or not working at the moment, chances are they’re accumulating little or no super at all to fund their retirement. The good news is, if you help by contributing some of your own money to their super, you could be eligible […]

Read more

Keep your personal financial details private

Published: June 7, 2017

Truly, I despair. Despite all the publicity about internet scams, I nearly fell over when I read this week that “123456” is still the most popular password. Why not just put your money in a brown paper bag at the front door with “take me” written on it? We are increasingly managing our money online, […]

Read more

Is a family guarantee right for you?

Published: June 5, 2017

Entering the property market is no easy feat for a first homebuyer, but even parents who aren’t prepared to hand over cash for a deposit may help by being a guarantor on a loan. Before taking the plunge however, it’s crucial to be aware of the implications involved.  Here are three questions to ask yourself […]

Read more

A realty check for accessing super early

Published: June 2, 2017

When it comes to the basics of life the issue of finding shelter – putting a roof over one's head – ranks high on most people's list. So as the dream of home ownership continues to recede further into the financial distance for younger Australians in our major cities it is not surprising that the […]

Read more

Don’t become a one-eyed investor

Published: May 31, 2017

Behavioural economists warn investors about a trap known as "confirmation bias". This involves deciding on a course of action and then looking around for evidence to support that action. The proliferation of online investment newsletters and blogs means that investors can almost immediately find someone, perhaps a so-called expert, who agrees with them. In short, […]

Read more

Six Ways To Fund A Renovation

Published: May 29, 2017

Any renovation project, large or small, can be all-consuming in terms of your energy and money. Here are six loan types that can help you with the latter. Considering transforming your home from ‘blah’ to ‘brilliant’, but lacking the funds to support your major makeover? Never fear, we’ve rounded up a few different home renovation […]

Read more

7 tips to stop you under charging and over servicing

Published: May 26, 2017

By Flying Solo contributor Kathryn Williams Over-servicing clients is a common problem for small business owners; we feel it’s what sets us apart from our competitors. All it’s doing, however, is creating unreasonable expectations, and costing us money to boot. We know we can deliver what our clients need. And because we do this for […]

Read more

Managing your money when you move in together

Published: May 22, 2017

So you’ve taken the leap and decided to move in together. It’s an exciting time which can take your relationship to a new level, but it can also add new pressures as you address practical matters such as how you divide the chores and the costs. Set your new home up for success by discussing […]

Read more