Blog – Maddern Financial Advisers

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

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Tax offset v tax deduction: What’s the difference?

Team Maddern
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.
Long empty road ahead

The road ahead for shares

Team Maddern
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.
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Budgeting for success in 4 easy steps

Team Maddern
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.
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Going guarantor on a loan

Team Maddern
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.
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Your key priorities when winding down your mortgage

Team Maddern
Many of us make paying off our mortgage a priority. It’s the new Australian dream. But before making that last home loan repayment, use our checklist to make sure you’re prepared.
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Sharing super a win-win for couples

Team Maddern
Australia’s superannuation system is based on individual accounts, with men and women treated equally. But that’s where equality ends. It’s a simple fact that women generally retire with much less super than men.
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A great time to reassess your career

Team Maddern
The pandemic has ushered in broad-ranging societal change including fuelling a trend that has become known as ‘The Great Resignation’ or ‘The Big Quit’, where employees are reviewing what they value and are looking for in a job and in some cases, leaving in search of greener pastures.
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Tax Alert March 2022

Team Maddern
New super and tax rules passed in Parliament Some of the last sitting days before this year’s Federal election saw changes to the tax and super rules finally pass through both houses of Parliament. Here’s a roundup of some of the key developments.
Income tax books stacked on top of each other on a messy desk with papers

Avoid the rush: Get ready for June 30

Team Maddern
It seems like June 30 rolls around quicker every year, so why wait until the last minute to get your finances in order? With all the disruption and special support measures of the past two years, it’s possible your finances have changed. So it’s a good idea to ensure you’re on track for the upcoming end-of-financial-year (EOFY). Starting early is essential to make the most of opportunities on offer when it comes to your super and tax affairs.
Man looking at his laptop and iphone which have his stock trades displayed

How to calm those market jitters

Team Maddern
It’s been a rocky start to the year on world markets but that doesn’t mean you should hit the panic button. Staying the course is generally the best course, but that’s easier said than done when there’s a big market fall.