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Aged care fee changes – what you need to know

After a long wait, new legislation which is aimed at reshaping how aged care is delivered and funded in Australia has been passed. Like most countries around the world, our population continues to age, making it important to have a sustainable aged care system that provides quality care and treats our older Australians with dignity....
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Gifting for future generations

At this time of year, when giving is particularly on our minds, some might turn their attention to how best share their wealth or an unexpected windfall with their loved ones­. You might be thinking about handing over a lump sum to help them with a major purchase or business opportunity, or be keen to...
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Dollar cost averaging: can it work for you?

Australian share prices have seen record highs in 2024 after a sluggish couple of years. The S&P ASX200 index added just under 7 per cent in the 10 months to October 31 closing at 8160.i It reached its previous all-time high of 8355 just two weeks before. So, if you were invested in an index fund...
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Helping the kids without derailing your retirement plans

As parents, the instinct to support our children never truly fades, even when they become adults but when you are looking at giving them a financial helping hand there is a bit to consider. It’s important to ensure any support you provide is not at the expense of your financial future. It can also be...
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Make festive season conversations matter

It’s more than prawns and pavlova. The festive season brings families together from near and far. If you notice signs that an older family member is experiencing the declines of ageing, be observant and take the opportunity to start a conversation. As the year flies by, it’s easy to miss subtle changes in your loved...
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Super vs property: what works for retirement income?

There is no debate that Australians love investing in property. The value of Australian residential real estate at the end of August 2024 was an estimated $10.95 trillion.i Some love it so much that they believe property is a better option for providing a retirement income. They see a bricks and mortar investment as a...
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Is a retirement village right for you?

The retirement living sector is growing rapidly in Australia as the population ages and demand increases for a spot in a retirement village. For many people, the idea of having someone on site to help with property and garden maintenance is enough for them to make what can be a major change later in life....
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Embracing change to ease a transition into aged care

Change is often met with resistance, especially when it feels out of our control. For many people, the idea of growing older and transitioning into residential aged care is daunting and may evoke fears of loss and uncertainty. It’s not just older people who feel the weight of this change — their children and families...
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How Aussie parents and grandparents are investing for kids

An increasing number of parents are making regular investments into minors’ accounts. October has become a particularly busy investment month for many parents in the United States, and the activity has nothing to do with Halloween. It’s because of two, some might say, quirky annual days in the first couple of weeks of this month,...
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