Industry-wide collaboration necessary to better prepare Australians for aged care costs: Investment Trends 2016 Retirement Income Report

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Leading research firm Investment Trends have released its 2016 Retirement Income Report, an in-depth study of Australians’ attitudes towards retirement and postretirement issues. The report is based on a large-scale survey of 6,987 Australians over the age of 40 conducted through September and October 2016. Key highlights include: Australians are growing more concerned about their […]

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ASIC launches new teaching resource to build the financial capability of Indigenous students

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ASIC has launched a new financial literacy teaching resource – Knowing, Growing, Showing – to support authentic learning opportunities for Indigenous students. The resource is aligned to the Australian Curriculum and addresses cultural and community values around money, finances and consumer issues. Coinciding with National Close the Gap Day, the resource aims to improve the […]

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SUPERCentral announces new course for advisers to confidently meet the needs of the inter-generational wealth transfer demand

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For advisers, there hasn’t been a better time to integrate estate planning into their practice as Australia enters the greatest period of inter-generational wealth transfer in history. The demand for estate planning is rapidly growing and advisers will need to come up to speed if they wish to remain current and be able to meet […]

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‘Bank of Mum and Dad’ helps kids get ahead in education and business start-ups, new research finds

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The report A new look at the channels from housing to employment decisions, undertaken for the Australian Housing and Urban Research Institute (AHURI) by researchers from RMIT University and Curtin University, explored how intergenerational wealth transfers, which are typically financed through housing wealth, influence the education and work careers of beneficiaries. Professor Gavin Wood, one […]

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Asian millennials face critical retirement finance crunch

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A new survey of Asian investors reveals that millennials in the region are at substantial risk of a cash crunch during their later years, with many expecting to carry mortgage debt into retirement or even run out of money altogether. Yet there’s optimism too. Millennial investors, surveyed as part of the Manulife Investor Sentiment Index […]

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CPD: Millennials – next gen investors

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Millennials – otherwise known as Generation Y – comprise the fastest growing segment of the Australian workforce. Although there are more than five million millennials in Australia, approximately 20% of the population, they are less likely to seek financial advice or own their own home than preceding generations. In this article, DomaCom examines the factors […]

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Asking prices jump in Sydney and Melbourne, listings fall

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Figures released yesterday by SQM Research reveal residential asking property prices grew in most Australian cities over the year to February 7, 2017, with Sydney and Melbourne leading the nation in a strong start to the year. Sydney has just edged out Melbourne and Hobart to lead the nation for growth in asking prices for houses, […]

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Using interest free finance wisely for home renovations

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If our passion for television show “The Block” is anything to go by, Australians like to renovate (or watch other people renovate!).  Many of my clients are joining an army of renovators and I can sympathise as my wife and I have just completed a kitchen renovation while expecting our second child, So, if you […]

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Can a Court override your right to decide whether or not to receive medical treatment?

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An individual can normally consent or refuse any medical treatment.  However, this right could be taken away by the Courts in some extreme circumstances. A Court’s ability to override the right of a person who lacks mental capacity to refuse medical treatment in extreme circumstances was highlighted in a NSW Supreme Court case earlier this […]

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Australian business confidence surges to highest level in 6 ½ years

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Small and medium business (SMB) confidence is now sitting at its highest level since March 2010, following an eight point rise to +46 on a net basis, according to the latest Sensis Business Index (SBI) survey. Sensis Chief Executive Officer, John Allan said: “Businesses closed out 2016 on a high, with confidence up seven points […]

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