Blog – Maddern Financial Advisers
Be ahead of the news in accounting, private wealth and finance
Franking credits facing the chop
03/Apr/2018
Here we go again. Superannuation could be about to undergo more change with the federal opposition announcing it will end cash refunds of franking credits on share dividends if it wins the next election. The change would have a significant impact on people paying little or no tax, especially self-funded retirees in pension phase. Seniors […]
Transition to retirement still a smart move
05/Feb/2018
They say 60 is the new 40. And while it’s true that today’s over-50s are healthy and active for longer than previous generations, many in this position begin to dream about scaling back their work commitments so they can start ticking off their bucket list. You may want the flexibility to travel more, volunteer or […]
Retirement and the impact of home ownership
13/Nov/2017
Owning your own home has long been the Australian dream but after years of strong house price growth it’s becoming less of a reality for many. This has major implications for retirement planning. The major factor behind the shifting approach to home ownership is the prohibitive price of property, particularly in Sydney and Melbourne. As […]
Life insurance inside or outside super?
07/Sep/2017
If you’ve got super, chances are you’ll have some default insurance included and the option to buy more at an attractive price. It’s a cost effective way to get a basic level of cover, but holding insurance inside super does have some downsides. Forms of superannuation insurance There are three types of insurance you can […]
Living longer, living better
31/Aug/2017
There’s nothing quite like a tabloid story about a centenarian partying hard for their birthday to make you feel the creaks in every joint. It doesn’t matter whether they’re on a golf course in the Kangaroo Valley, carving up the slopes in the Rockies or hitting the gym for regular yoga and Pilates classes (and […]
Time to review transition to retirement pensions
25/Aug/2017
Amid the major reforms to superannuation that took effect on July 1, some significant changes to the tax treatment of your Transition to Retirement Pension (TRIP) may have flown under the radar. Some individuals will be affected more than others, so if you have a TRIP or are thinking about starting one, now is the […]
It’s time to protect your income
19/Jul/2017
Consider cover for your most important asset – your ability to earn. One of the reasons people say they don’t have income protection is the perceived cost. But if you were to lose your ability to earn you might regret not having cover, or not having enough cover. Sadly, one in five Australian families will […]
What will the budget mean to you?-1
10/May/2017
Treasurer Scott Morrison’s first budget of the Coalition’s second term in office marked a significant shift in tone from the tough stance of its three previous budgets. Gone is the mantra of debt and deficit. Instead the Treasurer has balanced the government’s resolve to live within its means with promises to tackle the cost of […]
Greater choice in home care
27/Apr/2017
When loved ones become frail and elderly, families may feel that moving them into a retirement home is their only option. But that’s no longer the case. Recent changes to home care provision funding now give older people more choice and control over the type of assistance they can receive if they want to keep […]
Australian economy: still going strong
06/Apr/2017
Australia, take a bow. We are on the brink of overtaking the Netherlands’ record for the longest period without a recession and very close to pulling off an even greater feat. Not only have we survived the end of an extraordinary mining boom without going bust, but the economy is showing signs of renewed growth. […]