Blog – Maddern Financial Advisers

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

Black outline of older couple

Aged care payment options

Team Maddern
25/Sep/2021
When it comes time to investigate residential aged care for yourself, your partner, parent or relative, the search for a facility and how to pay for it can seem daunting. The system is complex, and decisions are often made in the midst of a health crisis.
Someone watching an online class on their laptop

Future proofing your career with professional development

Team Maddern
13/Sep/2021
“The only thing that is constant is change” – so said the ancient Greek philosopher Heraclitus and it continues to ring true today. Industries are changing, continuing to evolve in response to challenges (such as the COVID-19 pandemic), technological disruptors and customer expectations. As a result, there is a greater need for the workforce to continue to adapt and develop. We need to be agile to stay on top of these changes, continue developing and learning, which will work towards future proofing our careers. While some industries have formal professional development programs, there are many ways to foster your own development for those who don’t have formal pathways. Here is how you can take the lead to future proof your career.
New covid-19 relief schemes - written text

New COVID-19 relief schemes explained

Team Maddern
02/Aug/2021
As we navigate ongoing lockdowns due to COVID-19 across Australia, here is a guide to the latest benefits you may be entitled to from the Federal and State Governments.
Business man and woman

SMSFs closing the age and gender gap

Team Maddern
10/Jul/2021
Self-managed super funds (SMSFs) have emerged from a difficult year stronger than ever. Not only have balances been repaired after the initial market shock in the early days of COVID-19, but more young people and women are taking control of their retirement savings.
Alarm clock

New Financial Year rings in some super changes

Team Maddern
03/Jul/2021
As the new financial year gets underway, there are some big changes to superannuation that could add up to a welcome lift in your retirement savings. Some, like the rise in the Superannuation Guarantee (SG), will happen automatically so you won’t need to lift a finger. Others, like higher contribution caps, may require some planning to get the full benefit.
weighing scales

Weighing up costs and benefits of an SMSF

Team Maddern
04/Apr/2021
For many people, the idea of managing and investing your own retirement savings is very appealing. But there is ongoing debate over whether running your own self-managed super fund (SMSF) is cost effective. So, what are the arguments for and against having your own fund?
Woman business meeting

Contractor or employee: Which are you?

Team Maddern
27/Feb/2021
With COVID-19 having a significant impact on traditional employment, many people are working as a contractor for the first time either by choice or necessity. It’s not just a lifestyle decision; from the tax and superannuation perspective, there are important differences between being an employee and a contractor.
Studying

Turning redundancy into opportunity

Team Maddern
06/Feb/2021
As the economy starts to recover from COVID-19 shutdowns, some sectors may take longer than others to return to their normal operating capacity and some companies may never fully recover. That means there is still the chance that some employees could be made redundant.

Watching our online and social spending

Team Maddern
15/Aug/2020
The changes to our daily lives of late have caused us to reframe our views on ‘screen time’, an activity that now more than ever takes up a significant proportion of our day.
Australian money

Cash is king in a crisis

Team Maddern
03/Aug/2020
Most of us understand the importance of saving for a rainy day, but sometimes it takes a crisis like the current pandemic to make us act on it.