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Counting the lifetime cost of an unexpected illness or accident
Counting the lifetime cost of an unexpected illness or accident It’s a pretty confronting scenario that thousands of Australians face the reality of every year: what would you do if the main breadwinner in your household could no longer bring in an income? Most people don’t have a backup plan. This is where insurance comes in. Curve balls. They’re unexpected, often deceptive and it’s impossible […]
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Going deep with diversification
Going deep with diversification The principle of solid investment diversification is one of the fundamentals of money management. It isn’t complicated, either – investors reduce their risk by spreading their assets across a range of markets and exposures. But what about the complexities of diversification? For instance, Warren Buffett, hailed as one of the world’s greatest investors, has been […]
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Aged Care? Planning early is key
Aged Care? Planning early is key Early planning can take away a lot of the stress and uncertainty that can arise when considering aged care at home or a residential aged care facility. Know what your options are The first option that probably comes to mind is a residential aged care facility. These facilities provide accommodation and care depending on your […]
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Boost to voluntary savings required to achieve comfortable retirement: ASFA Retirement Standard June
Boost to voluntary savings required to achieve comfortable retirement: ASFA Retirement Standard June Retirees have experienced a slight increase in the cost of living in the June quarter, according to the Association of Superannuation Funds of Australia (ASFA) Retirement Standard. The ASFA Retirement Standard June quarter figures indicate that couples aged around 65 living a comfortable retirement needing to spend $59,160 per year and singles $43,062, 0.4 per […]
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It’s time for Small Business to embrace an administration overhaul
It’s time for Small Business to embrace an administration overhaul In what was an unexpected finding given the technology now available, Cloud accounting company Xero recently released compelling analysis which revealed that more than 51% of Australian small and micro businesses are still using a paper-based system to manage their invoices and receipts. Small Business still keeping paper records Uncovered was the alarming statistic that the average […]
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