Yes, it is a little about all of us spending more than the RBA would like, but it is a lot more about state and federal governments continuing to grow their expense budgets with no real concern for the possible consequences.
The million-dollar question – how much do we need in retirement?
Obviously, there is a not a one answer fits all approach that can be provided as there are so many different factors that need to be considered on an individual bases.
Just like your car needs a periodic service to stay in tune, here’s why you should rebalance your portfolio from time to time.
When life tosses up an unexpected event – such as retrenchment, a medical emergency or even just a big bill to fix the car – it can be nerve-wracking worrying about how to deal with the crisis. And, if funds are short, that just adds to the stress.
In the lead up to the Federal Budget, better-than-expected inflation figures were cause for optimism that the lengthy run of cash rate hikes have had an impact.
May is budget month and I know you are all getting pretty excited about it. No doubt, the 9th of May is already highlighted in your diaries and you are clearing those pesky social engagements that might interrupt one of the big economic nights of the year!
It’s no secret that scammers are getting more sophisticated. As this is an ever-evolving space, scammers are constantly developing new ways to part you with your hard-earned cash – and they cast their net wide.
Superannuation has dominated recent headlines, with proposed changes announced by Treasurer Jim Chalmers. While the details of these changes still need to be released, it’s worthwhile turning our focus to superannuation balances as we approach the end of financial year.
Stay up to date with what’s happened in the Australian economy and markets over the past month.
March was marked by banking failures in the US that sent ripples through global sharemarkets.
However, the first quarter of 2023 ended on a note of optimism in Australia due to better-than-expected inflation figures and expectations of a tempering in rate rises.
Please get in touch if you’d like assistance with your personal financial situation.
Ground Floor
9 Ouyan Street,
Bundall QLD 4217
RFS Advice Pty Ltd is a Corporate Authorised Representative (402849) of Australian Advice Network Pty Ltd ABN: 13 602 917 297 AFSL: 472901.
Site crafted by The Workshop Co.
We help make all complex decisions as easy as possible.
The information provided on and made available through this website does not constitute financial product advice. The information is of a general nature only and does not take into account your individual objectives, financial situation or needs. It should not be used, relied upon, or treated as a substitute for specific professional advice. We recommend that you obtain your own independent professional advice before making any decision in relation to your particular requirements or circumstances. RFS Advice do not warrant the accuracy, completeness or currency of the information provided on and made available through this website. Past performance of any product discussed on this website is not indicative of future performance. Copyright © 2015 RFS Advice. All rights reserved
