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NEWS & UPDATES | 30 NOV 2023
A Note from Dan
The great economic fear over what may happen in the Middle East relates to the potential for a conflict that goes far beyond Israel and Hamas, which would likely send the oil price skyrocketing. However, it’s also possible that oil prices would not remain elevated for an excessively long time.
8 min read
NEWS & UPDATES | 20 NOV 2023
Money Mantras: Building financial wellness one step at a time
Achieving financial wellbeing requires more than just smart investments and strategic planning. We have developed five ‘money mantras’ offering you a roadmap to financial success that is not only effective but also empowering.
6 min read
NEWS & UPDATES | 20 NOV 2023
Effective ways to grow your super
Super is like a financial safety net that ensures you'll have a comfortable retirement. But here's the kicker – you can't just set and forget it, or at least, not if you want to maximise its value. Here, we'll walk you through some effective ways to turbocharge your super so you can enjoy retirement to the fullest.
6 min read
NEWS & UPDATES | 20 NOV 2023
Withdrawing your super: What’s involved?
Many of us assume that our super is inaccessible until retirement, but that is not always the case. There are a range of conditions that enable you to access your super early.
5 min read
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INVESTMENT | 13 NOV 2023
Australian consumers are ‘under pressure’
Australian consumers are being squeezed by rising prices, mortgage interest rates and rents. The Reserve Bank of Australia has just added to the burden by raising the cash interest rate by 0.25% to 4.35%. MLC's Senior Economist Bob Cunneen believes the Australian consumer will remain under pressure until inflation is finally nailed down.
8 min read
INVESTMENT | 25 OCT 2023
How to help grow your money through compound interest
Compound interest enables you to earn interest on interest which is accumulated over time. We look at how you can make the most of it.
4 min read
INVESTMENT | 6 OCT 2022
6 things to consider before investing
Investing your money may be one of the most effective ways to help you build long-term wealth. Here are some things to consider before investing.
4 min read
INVESTMENT | 15 SEP 2023
8 signs that indicate you’re smart with money
Are you smart with money? We look at the eight signs that may indicate you are.
6 min read
INVESTMENT | 10 JUL 2023
Managing investment market highs and lows
We will look at strategies to effectively manage investment market fluctuations, from the highs to the lows.
5 min read
INVESTMENT | 4 JUL 2023
Sharemarkets strong despite cloudy economic picture
Steve Gamerov, Head of Diversified Portfolios at MLC Asset Management digs more deeply into the drivers of performance and how the MySuper Growth Portfolio is being positioned for the future.
3 min read
INVESTMENT | 30 JUN 2023
Maximising investment property tax deductions
Here, we have outlined some key mechanisms that can help maximise your investment property tax deductions.
6 min read
INVESTMENT | 30 JUN 2023
A guide to donation tax deductions in Australia
Let's explore how you can maximise your philanthropic impact while optimising your tax benefits.
4 min read
INVESTMENT | 19 JUN 2023
5 ideas for generating passive income
Looking for ways to generate passive income while maintaining your regular job? Here’s five options to consider.
9 min read
INVESTMENT | JUN 13 2023
Australia’s “painful squeeze”
Australians are experiencing tough times. Every trip to the supermarket leaves us leaner and poorer in terms of our purchasing power. While high inflation is clearly a global problem, MLC's Senior Economist Bob Cunneen believes the question needs to be asked: Is the RBA mindful of how dramatic this “painful squeeze” really is?
10 min read
INVESTMENT | 5 JUN 2023
Investors’ guide to gearing: benefits and drawbacks
Looking for a way to earn potentially higher returns through investing? Gearing may be a good option.
5 min read
INVESTMENT | 5 MAY 2023
Pros and cons of investing in cryptocurrency: a simple guide
Considering investing in cryptocurrency? We look at the pros and cons to help you make an informed decision on whether it’s right for you.
7 min read
INVESTMENT | 5 MAY 2023
Investing in the sharemarket: what you need to know
Investing in the sharemarket can offer a simple way to grow your wealth. We look at strategies to help reduce risk and some things to be aware of.
5 min read
INVESTMENT | 19 MAY 2023
A quarter of contradictions
Steve Gamerov, Head of Diversified Portfolios at MLC Asset Management looks at the last quarter’s numbers and discusses how we’re approaching the evolving economic environment.
3 min read
INVESTMENT | 31 MAY 2023
Protect yourself from super and investment scams
Super and investment scams can be devastating for those who fall victim to them. We look at some of the most common and how you can protect yourself.
4 min read
INVESTMENT | 5 MAY 2023
Calculating your super: which tools are best
We discuss some of tools you can use to review your super, including how they could support you in planning your retirement.
4 min read
INVESTMENT | 24 APR 2023
What is capital gains tax?
Capital gains tax: what it is, how it works and current rates. Discover what happens to your investment profits.
3 min read
INVESTMENT | 24 APR 2023
Are bonds a good investment
After a terrible year for bonds in 2022, is the outlook better? We discuss why you might consider including bonds in your investment portfolio and what could be ahead for the bond market.
8 min read
INVESTMENT | 15 FEB 2023
50/30/20 budgeting strategy
The 50/30/20 budgeting strategy requires you to designate a portion of your earnings to three categories. We look at how it works and some areas to consider.
6 min read
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NEWS & UPDATES | 30 NOV 2023
A Note from Dan
The great economic fear over what may happen in the Middle East relates to the potential for a conflict that goes far beyond Israel and Hamas, which would likely send the oil price skyrocketing. However, it’s also possible that oil prices would not remain elevated for an excessively long time.
8 min read
NEWS & UPDATES | 20 NOV 2023
Money Mantras: Building financial wellness one step at a time
Achieving financial wellbeing requires more than just smart investments and strategic planning. We have developed five ‘money mantras’ offering you a roadmap to financial success that is not only effective but also empowering.
6 min read
NEWS & UPDATES | 20 NOV 2023
Effective ways to grow your super
Super is like a financial safety net that ensures you'll have a comfortable retirement. But here's the kicker – you can't just set and forget it, or at least, not if you want to maximise its value. Here, we'll walk you through some effective ways to turbocharge your super so you can enjoy retirement to the fullest.
6 min read
NEWS & UPDATES | 20 NOV 2023
Withdrawing your super: What’s involved?
Many of us assume that our super is inaccessible until retirement, but that is not always the case. There are a range of conditions that enable you to access your super early.
5 min read
NEWS & UPDATES | 20 NOV 2023
Super contribution caps 2023-24
Knowing the super contribution caps is an important aspect of retirement planning, as understanding the rules can help you maximise your retirement savings.
4 min read
NEWS & UPDATES | 20 NOV 2023
Maximising wealth together: Super contributions for your spouse
Maximising super contributions for your spouse can lead to significant benefits, including tax advantages and a more comfortable retirement for you both.
5 min read
NEWS & UPDATES | 20 NOV 2023
Is it worth salary sacrificing into super?
We explore the ins and outs of salary sacrificing into your super and help you determine if it's worth considering as part of your financial strategy.
6 min read
NEWS & UPDATES | 20 NOV 2023
Personal super contributions: what are they and how can they benefit you?
What are personal super contributions, how do they work, and why they can be a game-changer for your retirement goals?
6 min read
NEWS & UPDATES | 10 NOV 2023
Mortgage vs super: where should I put my extra money?
It’s a dilemma many of us face – are we better off directing extra money to our mortgage or super? As with most financial decisions, it’s not a one-size-fits-all-approach.
8 min read
NEWS & UPDATES | 10 NOV 2023
Carry forward (catch-up) super contributions: how it works
If you’re looking for ways to potentially increase your retirement savings while reducing tax, carry forward (catch-up) contributions could be a good option.
7 min read
NEWS & UPDATES
Economic and market update
Which key events have been driving markets? Read this article by Senior Economist Bob Cunneen to find out.
5 min read
NEWS & UPDATES | 26 OCT 2023
How to achieve financial freedom: comprehensive guide
In a world of ever-changing economic landscapes, achieving financial freedom has become a universal aspiration. We’ve covered the essential strategies and mindset shifts required to pave the way toward financial independence.
25 min read
NEWS & UPDATES | 10 OCT 2023
A note from Dan
China’s decades-long economic model has seemingly reached its limits. Despite this, potential returns from Chinese shares may be more promising now than in the years when the country’s economy was growing at thumping rates.
8 min read
NEWS & UPDATES | 11 OCT 2023
Are super contributions tax deductible?
Making additional tax-deductible super contributions can help you save tax while bringing you closer to your retirement goals.
8 min read
NEWS & UPDATES | 09 OCT 2023
The five stages to keep on top of your money management
It's easy to overlook the importance of our financial wellbeing, so to help you navigate the path to financial success, we've outlined five stages to keeping your money matters in check.
7 min read
NEWS & UPDATES | 09 OCT 2023
The pros and cons of having life insurance inside your super
When it comes to securing your financial future and protecting your loved ones, life insurance is a key consideration. Here, we'll explore some of the pros and cons of having life insurance inside your super, helping you make an informed choice to suit your own individual circumstances.
8 min read
NEWS & UPDATES | 09 OCT 2023
Life insurance: Key things you need to know
Life is unpredictable, and while we can't control every twist and turn, we can certainly plan for the unexpected. An essential aspect of this planning is to secure your family's financial future with life insurance.
8 min read
NEWS & UPDATES | 6 OCT 2023
The super moves you should make today
Your super is your ticket to a comfortable retirement, and a little bit of attention now can make a world of difference later. Following these ten tips can help you supercharge your super.
5 min read
NEWS & UPDATES | 11 SEP 2023
Should you fix your home loan?
Deciding whether to fix your home loan involves a careful analysis of your financial situation, future plans, and the prevailing economic climate. A fixed-rate home loan can provide stability and protection against rising interest rates but may limit your flexibility and potential savings. On the other hand, a variable-rate home loan can offer more flexibility, but it does expose you to interest rate fluctuations.
5 min read
NEWS & UPDATES | 11 SEP 2023
Home refinance loans: what you need to know
Navigating the world of home refinancing can be complex and overwhelming without the right knowledge, so here we will cover everything you need to know about home refinance loans in Australia, empowering you to make informed choices that suit your financial goals before making this important decision.
6 min read
NEWS & UPDATES | 11 SEP 2023
Property investing: the complete guide
Property investing in Australia can be a lucrative venture, providing opportunities for both long-term wealth accumulation and passive income generation. As with any investment, it's essential to approach it with careful planning and a solid understanding of the local property market. In this comprehensive guide, we will outline everything you need to know to begin your journey as a property investor.
6 min read
NEWS & UPDATES | 11 SEP 2023
What does a mortgage broker do, and should you use one?
A mortgage broker can play a key role in simplifying the home loan process for you. They offer access to multiple lenders, expert advice, and personalised loan recommendations, potentially saving you time and money.
6 min read
NEWS & UPDATES | 11 SEP 2023
How much can you borrow for a mortgage?
Securing a mortgage is a significant milestone in our lives. Understanding how much you can borrow (and how much you should borrow) is crucial to making a well-informed decision. By considering your income, debt-to-income ratio, expenses, LVR, interest rates, credit history, and financial goals, you can determine an appropriate borrowing amount that aligns with your financial capabilities and aspirations.
6 min read
NEWS & UPDATES | 11 SEP 2023
The first home super saver scheme: a handy guide for homebuyers
The First Home Super Saver Scheme is a valuable initiative to help first-time buyers overcome the challenges of entering the property market.
6 min read
NEWS & UPDATES | 11 SEP 2023
Talking about money with your partner
In this guide, we will explore the importance of talking about money with your partner, provide tips for initiating the conversation, and offer strategies to manage finances as a team and navigate those conversations successfully.
6 min read
NEWS & UPDATES | 7 SEP 2023
How super works in Australia: comprehensive guide
Understanding how superannuation works in Australia, will help you better understand how your money’s being managed so you can make more informed decisions.
6 min read
NEWS & UPDATES | 7 SEP 2023
Pros and cons of self-managed super funds
While SMSFs are not for everyone, they do offer significant benefits. Running an SMSF successfully requires investment, legal, super and admin skills—or the ability to get help from people who have those skills.
6 min read
NEWS & UPDATES | 15 AUG 2023
Financial Freedom Report
The findings of this report explore how Australians are currently positioned to live a life of financial independence and freedom which allows them to achieve their dreams. Central to many of these aspirations and hopes is a sense of financial wellbeing.
NEWS & UPDATES | 11 AUGUST 2023
A note from Dan
There is nothing melodious about inflation. It is insidious, but it is the leitmotif of the
time we are living in.11 min read
NEWS & UPDATES | 3 AUG 2023
Super changes from 1 July 2023
NEWS & UPDATES | 10 JUL 2023
2022-23 financial year in review
Consumers are being squeezed by high inflation, rising interest rates and tighter credit. While these intense pressures may cause a global recession in the coming year, global share markets have delivered very strong returns for the last financial year, reflecting hopes that any economic downturn should be brief. MLC's Senior Economist Bob Cunneen provides a review of what happened in investment markets over the financial year.
10 min read
NEWS & UPDATES | 30 JUN 2023
How to prepare yourself when you’re speaking to a financial adviser
Here's a list of actions you can take to prepare before speaking to a financial adviser that can help you achieve the maximum benefit from the discussion.
4 min read
NEWS & UPDATES | 30 JUN 2023
Five rules of money management
Here are five rules of money management that can help build a solid foundation for financial wellbeing.
4 min read
NEWS & UPDATES | 5 JUN 2023
Side hustles for supplementing income
More people are turning to side hustles to supplement their income. We explore a range of side hustles that are accessible to people of all ages.
5 min read
NEWS & UPDATES | 5 JUN 2023
Starting a new job: should you stick with your existing super fund?
We explore the pros and cons of sticking with the same super fund to help you decide what’s best for you.
4 min read
NEWS & UPDATES | 11 MAY 2023
Federal Budget key changes
The 2023 Federal Budget focused on providing cost of living relief through lower power bills, higher welfare payments and more support for small business and housing.
5 min read
NEWS & UPDATES | 31 MAY 2023
How to take control of your spending habits
Take control of your finances with these tips to control your spending. From paying down debt to setting monthly budgets, here’s how to take back control of your spending habits.
3 min read
NEWS & UPDATES | 31 MAY 2023
10 tips to improve financial health
Managing money isn’t always easy and it requires an honest look at your own financial habits, biases, expectations, and cash flow. Where to start? Below are some simple steps to help get you on your way.
5 min read
NEWS & UPDATES | 31 MAY 2023
Potential tax savings through super
Here are five super strategies that could help you save tax before end of financial year.
4 min read
NEWS & UPDATES | 24 APR 2023
How to find your lost super
Finding $5 in your jean pocket is great. But imagine finding thousands in super contributions that you had lost track of. Here’s how you can check if you have any lost or unclaimed super.
4 min read
NEWS & UPDATES | 29 MAR 2023
A fragile and volatile world
Global share markets opened the new year with mild optimism that inflation and interest rate risks were becoming more manageable and economic activity was improving. However, a sequence of financial shocks in March have dented this optimism. MLC's Senior Economist Bob Cunneen explains why we seem to be still living in a fragile and volatile world.
10 min read
NEWS & UPDATES | 07 MAR 2023
7 Tips for Super Savvy Women
Here are 7 super-savvy tips that can help close the financial gap for a more secure future. #IWD2023 #CrackingTheCode
5 min read
NEWS & UPDATES | 03 MAR 2023
7 smart money moves to make in your 20s and 30s
Whether you want to buy a house, build up your retirement nest egg or spend time travelling the globe, these 7 financial tips will help set you up for a better financial future.
6 min read
NEWS & UPDATES | 06 FEB 2023
What to do when your fixed-rate home loan is ending
In this article, we have explained what to expect when your fixed interest rate ends and how to prepare for it.
6 min read
NEWS & UPDATES | 01 FEB 2023
Top tips for women to negotiate a higher salary
Here's how to make a strong case for a salary package that truly reflects your skills and experience.
6 min read
NEWS & UPDATES | 01 FEB 2023
Super tips for women - take control of your financial future
Regularly checking your super balance and investing any extra money you receive into your super, are some ways women can improve their retirement savings.
4 min read
NEWS & UPDATES | 31 JAN 2023
10 Australian women share their money tips
NEWS & UPDATES | 11 NOV 2022
How to deal with rising inflation
We look at some of the ways you can offset inflation by continuing to invest, increasing your income or reducing expenses.
8 min read
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RETIREMENT | 10 NOV 2023
Helping your parents financially while saving for retirement
We address how you can provide for your parents financially while still securing your own financial future.
6 min read
RETIREMENT | 9 NOV 2023
Transferring your wealth to the next generation
Having a plan for how and when you want your wealth to be passed on, will help those receiving it understand your intentions and the process. Here’s how to get started.
5 min read
NEWS & UPDATES | 09 OCT 2023
Are you retirement ready? Six tips for retirement wellbeing
Retirement is one of the most significant milestones in our lives, representing the culmination of years of hard work and dedication to a career. To ensure you're as prepared as you can be for a fulfilling retirement, consider these six tips for retirement wellbeing.
8 min read
RETIREMENT | 5 OCT 2023
Am I eligible for the age pension?
Whether you're on the cusp of retirement or just curious about what the future holds, understanding your eligibility for the Age Pension is a very important aspect of retirement planning.
6 min read
RETIREMENT | 7 SEP 2023What is the retirement age in Australia?
There isn't an official retirement age in Australia but there are generally two age rules that impact when most Australians can retire - preservation age and the age pension.
7 min read
RETIREMENT | 7 SEP 2023
How much do you need to retire?
There’s a whole host of factors that will determine your lifestyle in retirement – super, savings, tax, investment strategy and more. There are tools and strategies that can help you enjoy your retirement if you start preparing for it now.
7 min read
RETIREMENT | 3 AUG 2023
How to plan for retirement financially
We look into the essential steps you should consider to financially secure your retirement, from understanding your living costs to creating a financial plan.
5 min read
RETIREMENT | 3 AUG 2023
Transition to retirement income stream: a complete guide
We look into the essential steps you should consider to financially secure your retirement, from understanding your living costs to creating a financial plan.
6 min read
RETIREMENT | 3 AUG 2023
How much is the Age Pension in Australia?
We look at what the current Age Pension rates are, how much extra income you could earn without losing benefits, and how often it’s paid.
5 min read
RETIREMENT | 10 JUL 2023
Help your retirement funds last the distance
We will outline key strategies to help boost and preserve your retirement savings, to help you achieve long-term financial security throughout your golden years.
7 min read
RETIREMENT | 10 JUL 2023
The essentials of estate planning
Here, we explore the essentials of estate planning in Australia, including key components, legal considerations, and the importance of seeking professional guidance.
7 min read
RETIREMENT | 31 MAY 2023
Keeping your physical and mental wellbeing in retirement
Retirement can cause a range of emotions so it’s important to not only prepare yourself financially but also emotionally.
RETIREMENT | 31 MAY 2023
Protect yourself against romance scams
Dating and romance scams are very destructive – both financially and emotionally. Don’t let them break your heart or wallet. Stay one step ahead of romance scams with these tips.
4 min read
