The Latest Financial Information

Posted in Financial planning.

Aged Care and the Federal Budget

Not unexpectedly, the Federal Budget handed down this evening did not introduce major structural reform to superannuation, social security, taxation or aged care. It was a Budget focussed on getting people back into jobs and encouraging infrastructure spend. With the Royal Commission into Aged Care […]

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Posted in Aged Care.

Aged care and the family home

Using the family home to fund aged care can be a complicated decision, with many interdependent factors to consider. Working out what to do with your family home when you’re getting ready to move into residential aged care is one of the biggest decisions you […]

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Posted in Finance.

The HomeBuilder program

Over the last week, you may have seen the announcement of the government’s HomeBuilder grants, which will be facilitated through your State or Territory Revenue Office. This new scheme provides eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build a new […]

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managing Cashflow
Posted in Aged Care.

Managing cashflow when the home won’t sell

COVID-19 has turned everyone’s world upside down – and the implications are widespread. People moving into, or already living in, aged care are feeling the stress with implications around how to manage the former home. A move into residential aged care often leaves the former […]

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Posted in Super.

Accessing your super COVID -19

From 20 April 2020, people affected by the COVID-19 pandemic may be eligible to apply to access up to $10,000 of their super in 2019-20 and a further $10,000 in 2020-21. In the main, superannuation benefits are preserved. That is, they cannot be accessed until […]

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