How to avoid unwanted ATO attention
Nobody wants to attract unwanted scrutiny from the ATO. Tax audits can be stressful and potentially costly.
Young invincibles – the importance of insurance
When you are young, healthy and just starting your working life the last thing on your mind is life insurance.
Weighing up the cost of risk – insuring your business
Running your own business can be rewarding, but there is also risk involved when you put your own money and reputation on the line. What would you do if your shop was destroyed by fire, a client sued over advice you gave, or your business was disrupted for months in the aftermath of a freak […]
Bankruptcy: Not the end of tax considerations
With personal debt on the rise, many Australians are struggling with their finances. In most cases, a repayment plan can be worked out to get you back in the black. If that’s not feasible, another solution can be to declare bankruptcy, but this can have serious implications if you are running your own small business. […]
Millennials are FIRED up for financial freedom
Millennials are often accused of living for the present and wasting their money on smashed avocado. So it may come as a surprise that younger Australians are at the vanguard of a growing movement committed to the old-fashioned virtues of thrift and saving, but with a modern twist. Whereas the mantra of the Baby Boomers […]
Superannuation and inheritance: making your wishes known
People often think their superannuation will be treated as part of their estate when they die and distributed according to their Will, but that’s not the case. Unless you have nominated your beneficiaries, the decision as to who receives your super is in the hands of the trustees of your fund. When that happens, the […]
It’s time to talk about debt
Debt in Australian households are among the highest in the world and rising, thanks largely to worsening housing affordability and plentiful consumer credit. So how do we measure up and should we be worried? Most global comparisons measure total household debt as a percentage of net income. At last count, Australia’s household debt to income […]
Maddern Financial Advisers named a finalist for the Fintech Business Awards 2018
Maddern Financial Advisers has been shortlisted for the prestigious Fintech Business Awards 2018. A local firm based in the prestigious leafy suburb of Malvern, in Melbourne, is in the running to take out one of Australia’s top industry awards. Maddern Financial Advisers has been shortlisted as a finalist to win one award in the Accounting […]
Avoiding the holiday debt hangover
We’re coming up to the festive season and for all its fun and frivolity, it’s also a time when we loosen the purse strings to accommodate the excess.
We all know there’s nothing worse than starting the new year with unpaid debt. Making a solid plan for your silly season spend can make a big difference and will help you avoid a holiday debt hangover.
Managing big life changes
You’ve probably heard the saying ‘change is as good as a holiday’. And sure, in some situations, altering your circumstances can be refreshing. But not all major life changes make you feel immediately clear, secure, and ready to take on the world. When everything you know is turned upside down, moving forward successfully is not […]