Keep up with the latest news and updates
February 23, 2024
Statistics paint a clear picture of the risks Australian seniors face at home. In 2021–22, over half of all falls leading to hospitalisation happened on a single-level surface, such as slipping or due to a collision, and 7% involved stairs or steps. Such falls are not just numbers; they represent real people, our parents and
February 8, 2024
You’ve worked hard all your life, and your home is not just a place of memories but a significant asset. Recent data from the Australian Bureau of Statistics (ABS) suggests that a substantial portion of Australians over 60 own their homes outright, sitting on untapped equity. Reverse Mortgages offer a way to unlock this equity,
February 1, 2024
In 2019, Australia witnessed a significant shift in its taxation policy with the introduction of the ‘Stage 3’ tax cuts, which were set to take effect in the 2024-25 financial year. Originally, these tax cuts were structured to favor high-income earners significantly. Under this plan, the tax bracket of $120,000 to $180,000 was to be
January 23, 2024
Despite significant social and economic advancements in recent decades that have improved the financial living standards of divorced women, many continue to face financial struggles. For instance, in Australia, divorced mothers possess 68% less superannuation compared to their married counterparts, highlighting a stark financial disparity. They frequently grapple with immediate shifts in income, unstable housing,
January 3, 2024
Are baby boomers really to blame for Australia’s housing crisis? It’s a big question with no easy answers. In Australia, house prices have been going up a lot. From January to November 2023, they increased by 5.5%, and in the big cities, they went up even more – by 6.6%. The value of houses in
December 28, 2023
The conventional Australian retirement planning dream is to retire debt-free. But the reality is that in 2024, this fairly modest objective has become increasingly elusive. A growing number of Australians are facing the prospect of entering their golden years still burdened by mortgage debt. Recent research, including a pivotal study from AMP and critical data
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