Blog – Maddern Financial Advisers
Be ahead of the news in accounting, private wealth and finance
A super end to the financial year
26/Jun/2022
As the end of the financial year approaches, now is a good time to check your super and see what you could do to boost your retirement nest egg. What’s more, you could potentially reduce your tax bill at the same time.
Three mistakes to avoid during a downturn
19/Jun/2022
Heightened global markets volatility – as we’re experiencing right now – can easily trigger kneejerk reactions by panicked investors.
Widespread selling, triggered by the Russia-Ukraine crisis, has been behind the recent big swings on global financial markets, including on stock markets, commodities markets, and currency markets.
How to manage rising interest rates
12/Jun/2022
Rising interest rates are almost always portrayed as bad news, by the media and by politicians of all persuasions. But a rise in rates cuts both ways.
Get your SMSF ready for 30 June
05/Jun/2022
With the end of the financial year (EOFY) just around the corner, it’s important to ensure your SMSF meets its compliance obligations.
Sowing the seeds of succession
29/May/2022
Succession planning can be difficult at the best of times without dealing with the added pressures farmers have recently faced with droughts, fires and floods.
Avoiding emotional bias in financial decision making
21/May/2022
Our emotions colour every aspect of our lives including our financial lives. Recognising how emotions can influence your financial decision making puts your rational side back in the driver’s seat and can help you to achieve positive outcomes in business and your personal finances.
Tax offset v tax deduction: What’s the difference?
15/May/2022
This year’s Federal Budget was full of talk about one-off support for households in the form of tax offsets, but most people are a bit hazy on the difference between a tax offset and a tax deduction.
The road ahead for shares
01/May/2022
Trying to time investment markets is difficult if not impossible at the best of times, let alone now. The war in Ukraine, rising inflation and interest rates and an upcoming federal election have all added to market uncertainty and volatility.
Budgeting for success in 4 easy steps
24/Apr/2022
With all eyes on the Federal Budget and balancing the nation’s books, it’s a good time to review your personal balance sheet. If it’s not as healthy as you would like, perhaps it’s time to do a little budget repair of your own.
Going guarantor on a loan
17/Apr/2022
If you guarantee a loan for a family member or friend, you're known as the guarantor. You are responsible for paying back the entire loan if the borrower can't.
If a lender doesn't want to lend money to someone on their own, the lender can ask for a guarantee.
Before you agree to be a guarantor, think carefully about your own finances. Make sure you understand the loan contract and know the risks.
If you're feeling pressured or unsure about a financial decision, speak to a financial counsellor. It's free and confidential.