Second marriages may present additional financial challenges when balancing day-to-day expenses with implications for aged care funding. You may not share finances equally, but Centrelink/DVA will assess your obligations as if you do. Life is full of ups and downs. You might have been unlucky and lost a spouse, but then been lucky to find […]
Australia was burning in late January. China was announcing confirmed human to human contact of COVID-19, locking down Wuhan province and building temporary hospitals. While many in Australia were distracted by home affairs, some investment managers had their eye on China. Nucleus Wealth was one. A small active manager in Melbourne with an international focus. […]
“The markets haven’t been very good lately,” the investor said with some concern. “Should we be doing something?” Markets were off their highs. Trump was being Trump. August had been one of those months. Off nearly 5% in a week. Sideways for the next three. A slight upward burst at the end, but the media […]
Losing money is no joke. Witness all those forlorn investors who regularly appear on A Current Affair, 7:30 and 4 Corners, recounting how they were trying to secure their future before some financial disaster befell them. Whatever the cause (and we’ve discussed plenty of them) inevitably the discussion will turn away from their financial pitfall […]
Last week the Productivity Commission released a report into superannuation. No surprise, it didn’t paint the best picture. Suggesting the super industry was lacking competition and accountability, while many funds were still acting in their own best interests and not their members. It came with a few recommendations from the productivity commission to address the […]