Blog – Maddern Financial Advisers

Be ahead of the news in accounting, private wealth and finance

Will and Estate Planning

Caring for a family with a Will

Team Maddern
20/Oct/2019
Few of us like to think about death, let alone plan for it. But far from being morbid, getting your affairs in order and drawing up a Will is one of the kindest and most caring things you can do for your loved ones. Not only does a Will make your wishes clear but it ensures your family isn’t wrestling with legal red tape at a difficult and emotional time. Yet despite the advantages, it’s estimated 45 per cent of Australians don’t have a Will.i
Small business

5 signs of a well run business

Team Maddern
12/Oct/2019
Every small business owner wants their business to thrive, but it can be tough to keep the money coming in the door while staying on top of all the necessary paperwork. One way to ensure success is to understand the behaviours that separate a well-managed business from one that’s just muddling through. Surprising as it may sound, the ATO is keen to help small business owners prosper and to share its insights on running a successful business.
Diversity - coffees

Building wealth in diversity

Team Maddern
05/Oct/2019
What a difference a year makes. In recent months, Australian shares hit a record high, the Aussie dollar dipped to levels not seen since the GFC and interest rates were cut to historic lows. Towards the end of 2018, shares were in the doldrums and while experts agreed the Aussie dollar would go lower most tipped the next move in interest rates would be up. All of which goes to show that when it comes to predicting financial markets, the only sure thing is uncertainty. There’s no avoiding market risk, but it does need to be managed if you want to build enough wealth to live comfortably in retirement and achieve other life goals along the way.
Carving pie

Carving up your GST

Team Maddern
28/Sep/2019
Apportioning your GST obligations For many small businesses, reporting the GST you collect after issuing tax invoices to customers can be a headache. But there is a way to save time and make the bookkeeping process a bit easier – if you meet the ATO’s eligibility criteria.
Retirement, couple

Pensions to rise as deeming rates fall

Team Maddern
22/Sep/2019
It’s been a long time coming, but up to 630,000 retirees could soon enjoy a small but welcome increase in their Age Pension payments following a cut in deeming rates used for the pension income test.i
Side hustle, woman working

What you need to know if you have a side hustle

Team Maddern
15/Sep/2019
Whether it’s to pursue a passion or to make a little extra money, more Australians than ever now have a side hustle. But while freelancing, moonlighting and pursuing passion projects can be a great way to add value to your life, they can sometimes complicate how you go about managing both your time and finances.
Neighbourhood, houses

Postives and negatvies of gearing

Team Maddern
08/Sep/2019
Negatively gearing an investment property is viewed by many Australians as a tax effective way to get ahead.
Super hero, protection

How super is your life insurance?

Team Maddern
31/Aug/2019
For most people, life insurance provides a safety net against unexpected events. This is particularly the case if you have a mortgage, debts or family who are dependent on you earning an income.
Apps on phone

Your life in numbers - the best apps to measure success

Team Maddern
24/Aug/2019
It should come as no surprise that we love numbers… and number crunching. Luckily for us, these days you can quantify just about anything by simply reaching for your phone and opening an app.
Stressed worker

Working together to combat burnout

Team Maddern
17/Aug/2019
If both your first and last task of the day is to check your emails, you’re not alone. Contemporary work culture, spurred on by advances in technology, has meant that we are expected to always be “on”. Gone are the days of the 9-5. Many of us work at all hours, possibly even holding down side gigs, and that’s before we take into account the labour we perform in other areas of our lives.