The Latest News and Insights

See our articles about Education, Key Alerts, and Investment Information.

5 Ways of saving for your Child’s education

Funding your child’s education is a hot topic today with the spiralling costs of schooling. The research is based on a child starting pre-school today and suggests that opting for the private school route from Prep – Year 12, will set you back a cool $367,569 per child. Even if you decide on a government school for primary years and private for secondary, you will still need to come up with $244,822.

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Teaching Kids about Money

One of the most important roles we play as parents is educating our kids about finances. It’s not a lesson taught in school and that they shouldn’t have to learn as adults in the school of hard knocks. Like most behaviours, our kids learn their spending behaviours from us.

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Government Announces Superannuation Changes

As you may have heard, yesterday, 15 September 2016, the Government announced some significant changes to the superannuation proposals announced earlier this year on Budget night. It’s important to be aware that we still don’t have any legislation released on these measures, which is essential in determining how the new measures will truly operate. The Government has indicated that legislation is expected to be introduced into Parliament before the end of 2016.

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NEWS FLASH: Official interest rates unchanged

The Reserve Bank of Australia left the cash interest rates on hold at 1.75 per cent on Tuesday, although governor Glenn Stevens hinted at cuts ahead if inflation remains low.

With continuing signs of weakening local economic activity and growing concerns over the state of the international economy, the likelihood is increasing however of a cut in rates over coming months.

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