Collaborative Funding: Private School
A trend is emerging where grandparents and parents alike are stepping up to support their loved ones' private school education. This shift underscores the importance of thoughtful financial planning and strategic decisions.
Q2 2023 Investment Market Update
The second quarter of 2023 brought continued performance for investment portfolios as international equities continued to build on their momentum from the first three months of 2023.
Compound Investment Returns: Harnessing the Power of Growth
Investing is a smart way to make your money work for you, but if you truly want to maximise your returns, you should consider the power of compounding. Compound investment returns have the potential to significantly boost your wealth over time, thanks to the magic of exponential growth.
Victorian Budget 2023-24
One notable change is the introduction of a 10-year Debt Levy aimed at businesses with an annual Australian payroll exceeding $10 million. The levy aims to assist in debt recovery, resulting in higher payroll tax bills for around 4,000 SMEs and large businesses, as well as increased land tax bills for approximately 380,000 landowners.
How the $3 Million Super Balance Cap Will Impact Member Contribution Decisions
As of July 1, 2025, a significant change is likely be implemented in the Australian superannuation landscape with the introduction of a $3 million super balance cap. This cap is expected to have varying effects on different generations, with Generation Y likely to be more negatively affected than Generation X or Baby Boomers. In this article, we will explore the implications of this cap on member contribution decisions and how it may influence retirement planning strategies.
A Modern Must: Password Managers
In today's digital age, password management has become a significant concern for individuals and businesses alike. With the rise in cyber threats, using weak and easily guessed passwords can lead to data breaches and identity theft. Password managers have emerged as an essential tool for managing and securing passwords. We will explore why using a password manager is crucial in modern times and list three popular password managers and their benefits.
Q1 2023 Investment Market Update
The first quarter of 2023 continued on the previous quarter’s momentum as markets climbed to start the year. Early in the quarter, the market gained confidence in central banks executing on a soft-landing scenario however this sentiment deteriorated as a series of hotter-than-expected inflation prints and systematic issues in the banking sector hit the headlines. International equities generated strong returns for the quarter outperforming Australian equities. Currency markets remained volatile as the US dollar appreciated approximately 1.5% against the AUD.
Understanding Diversification
Diversification is a key investment principle used to manage some investment risk within a portfolio. It is often described as “Don’t put all your eggs in one basket”.
Business Succession Planning
Are you carrying on a business with one or more business partners?
Have you considered who will assume control of that business in the event of your death? And how to protect your family to ensure they get fair value for your share of the business?
Q4 2022 Investment Market Update
The fourth quarter of 2022 brought some much-needed relief for investors as markets climbed after a challenging previous three quarters. We saw a strong rebound from October, with markets rallying as much as 10% to late November, before retreating throughout December. Australian equities generated strong returns for the quarter outperforming international equities. Currency markets remained volatile as the Australian dollar appreciated around 3% against the USD.
Q3 2022 Investment Market Update
The third quarter was very much a tale of two halves for investment markets. We saw a strong rebound in July from June’s lows, with markets rallying as much as 10% to late August, before erasing almost all the gains in the remainder of the quarter. Australian equities were marginally positive during the quarter, whilst international equities were marginally positive in AUD, however posted significant declines in local currency terms.
Peter Leggett Named in Barron's Top 100 Financial Advisers
We're pleased to share that Peter Leggett has been named as one of the Barron's top 100 Financial Advisers for 2022. Barron’s is a 101-year-old American magazine for investors. The ranking is both a guide to consumers looking for an adviser and a scorecard that advisers can use to measure themselves against one another. Congratulations to Peter
Market Summary | June 2022
Global equity markets continued to weaken over the June quarter with the MSCI World ex-Australia index down 16.1% in USD terms, taking the annual decline to 14.4%. In AUD terms, the fall in the currency provided some diversification, with the index down 8.4% for the quarter and 6.5% percent for the year.
The dominant theme for markets is that central banks are now clearly focused on high inflation and are prepared to sacrifice growth in pursuit of price stability.
Q2 2022 Investment Market Update
Investment markets continued their decline throughout the second quarter of 2022, as both domestic and global markets trended lower. For investors, the largest challenge has been stomaching the rapid pivot in monetary policy globally and digesting inflation data which has proven to be more persistent than initially thought.
Understanding Reverse Mortgages
Are your retirement assets insufficient to cover the ever increasing cost of living? Do you have large unexpected expenses in retirement? If you answered yes and you own your own home, a reverse mortgage may provide a solution.