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Time to enjoy

Time to enjoy     

Households struggling with rising energy bills are paying more than they should be for their electricity. By not reading up on the finer details of their bills they are often paying avoidable charges and excessive fees, a new report warned. And with more Australians tipped to work from home well into summer – when the […]

If you earn below $54,837 a year, you could be eligible for a super co-contribution of up to $500. It’s a great way to grow your super without having to do it all yourself. Here’s how it works. The Government Co-contribution Put a little extra money into your super before the end of the financial […]

Saving and paying down debt have become national pastimes as Australia enters its first recession in nearly three decades.   Amid revelations of a record economic contraction, household spending fell by $35.2 billion in the three months to June 30 while household savings rose by a whopping $42 billion.  Fitzpatricks Private Wealth certified financial planner Randall Stout said […]

New research from Industry Super Australia (ISA) claims industry super funds (like First Super) plan to invest $33 billion in the economy over the next five years, playing a crucial role in the country’s financial recovery from coronavirus. The planned investment is expected to stimulate business activity and create hundreds of thousands of jobs.   However, these plans could be affected if the Federal Government backflips on a legislated rise in the superannuation guarantee (SG) rate. Between now and 2025, the SG […]

Financial support beyond super

It can be overwhelming making financial decisions right now, especially if you’re struggling with the impacts of the coronavirus pandemic. But seeking help and taking action now can go a long way to getting things under control and, eventually, back on track.   Check out these websites and online tools for a helping hand:  MoneySmart outlines steps you can take to look after yourself and your money, including making super and investment decisions, accessing […]

Connecting safely online

Do you know how to spot an online scam? What about how to sell your products safely online? With more of us working from home, the eSafety Commissioner is hosting free webinar presentations on a range of topics to help Australians use the internet confidently and safely. While the webinars are primarily aimed at older Australians, anyone looking to upskill or protect […]

The Federal Government’s consumer protection agency, ASIC, is reporting that fraudsters are contacting unsuspecting super members claiming to represent ASIC and offering to help them combine their superannuation accounts.  What to look out for  ASIC will never call members offering to help with consolidating (rolling in) super, and it doesn’t let anyone else act on its behalf to push financial products or services. So any call, […]

Time to enjoy     

Looking to ease into retirement by reducing your hours, but worried about loss of income? Check out our latest FIRSTtalk video on how a different approach could work for you.