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
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.
Long empty road ahead

The road ahead for shares

Team Maddern
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.
a couple of people signing documents at a table

Going guarantor on a loan

Team Maddern
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.
Image of paper cut-out house with a man in the background signing papers with a pen

Your key priorities when winding down your mortgage

Team Maddern
10/Apr/2022
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
04/Apr/2022
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.
Professionally dress woman looking bored at her work desk

A great time to reassess your career

Team Maddern
26/Mar/2022
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.
Man looking at his laptop and iphone which have his stock trades displayed

How to calm those market jitters

Team Maddern
04/Mar/2022
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.
Older couple walking side by side on the beach

Easing into retirement

Team Maddern
23/Feb/2022
As the nation drifts back to work after the summer break, it’s often a time to start putting your New Year’s resolutions into practice. For some, an extended holiday may have convinced you that you are ready for more of the good life and that it’s time to retire. In the past, that would have meant leaving work for good. These days, retirement is far more fluid. You might simply want to wind back your working hours. Or you may want to leave your full-time job but keep your career ticking over with part-time or consulting work. Others may dream of leaving the nine to five to run a B&B or buy a hobby farm.
Little wood play house with a set of keys next to it

SMSFs and property: What are the rules?

Team Maddern
07/Feb/2022
With the property market hitting all-time highs in 2021, interest in investing in direct property through your SMSF has never been higher. In the September 2021 quarter, Australia’s SMSFs had almost $88 billion invested in non-residential real property, with another $47 billion in residential real property. But before you add property investments to your SMSF, there are rules you need to be aware of.
Man working at his desk on his computer in his home office

Tax deductions for your home-based business

Team Maddern
30/Jan/2022
Using your home as the base for your business is increasingly popular, particularly due to COVID-19, with many of Australia’s 2.1 million enterprises with four or less employees now based at home.