Penny Pryor
Contributor
Advisor
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Top ASX Stocks To Watch In 2024
The S&P/ASX 200 ended last year in a better place than it started, but it has certainly was a bumpy ride. Morningstar head of equity research, Peter Warnes, says that 2023 was a better year for equities than most people... -
Life Insurance Outside Of Super: Pros And Cons
Life insurance is one of those things that nobody likes to talk about but most of us need. It is the cover that will pay out an amount—designed to support your dependents or cover outstanding debts—on your passing. There are... -
What Is A Self-Managed Super Fund?
Self-managed superannuation funds (SMSFs) are private superannuation funds with no more than six members that you can set up yourself. Your employer will pay your superannuation guarantee into your SMSF, instead of a larger retail or industry fund, and you... -
Guide To Making Super Contributions In Australia
Australia’s superannuation system provides most Australians with a decent income in retirement. Employers are required to pay a set percentage of your pay packet into your fund each pay cycle—called the superannuation guarantee—but there are also a number of other... -
Family Home Guarantee: Everything You Need To Know
In 2021, Australia’s housing market was one of the most unaffordable in the world, according to the Demographia International Housing Affordability 2022 report, a situation that doesn't appear to be reversing any time soon. While interest rates kept house prices... -
Credit Card Cash Advances Explained
There were a whopping 15,750,456 personal credit cards on issue in Australia in February 2023 and 988,553 credit card cash advances made, according to RBA data. But while many people are using their credit cards at the ATM, it’s really... -
Find Lost Super: Everything You Need To Know
Despite the ATO publicity campaigns urging Australians to check and claim lost super, the size of the nation's lost super pile continues to mount in ghost accounts across the nation. New ATO data released a month ago has found that... -
Private Health Insurance Rebate Explained
The private health insurance rebate has been with us for almost 25 years, having been introduced by the Howard Liberal Government back in 1999. The rebate is a percentage amount the federal government will contribute towards your private health insurance... -
What Is Probate Of A Will In Australia?
When somebody dies it will usually be an emotional and upsetting time. Unfortunately, even if the person has left a detailed Will, it can also be a complicated one when it comes to administering the deceased’s estate. It’s not enough... -
Best Investments To Beat Inflation
Most of us are aware of how high inflation has risen over the past 12 months and the majority of us are feeling it in our back pockets (kudos to you, if you aren’t). After staying low for years, inflation—as... -
Want To Retire At 60? Some Super Tips To Help You
A lot of people enjoy their work, but for those that don’t, or at least those who would prefer to be not clocking on everyday, the prospect of early retirement appeals greatly. It is estimated that Australians have about $3.3... -
Super In Australia: What It Is And How It Works
Australia has a world-class retirement savings system that would be the envy of any country. It is designed for all workers, whether they are part-time or full-time, and provides Australians with the steady income we need to properly enjoy our... -
Guide To Salary Sacrificing Into Super
The superannuation guarantee, which is the amount your employer must contribute into your superannuation fund by law, currently sits at 10.5% of your salary. While that’s a far cry from the 3% it was when the SG was introduced in... -
What Is The Capital Gains Discount?
Capital gains tax is the tax you pay on capital gains made when selling assets. As an individual you will be taxed on the capital gain at the same rate as your personal income tax rate. You can read more... -
Buying Off The Plan: Everything You Need To Know
One way to dip your toe in the property market if you want to buy a brand new property is to buy off the plan. This involves entering into an agreement with a developer when a property has yet to... -
Buying An Apartment: What To Look For
Entering the property market is becoming more difficult than ever thanks to higher interest rates and still high property prices. While prices across the board have seen falls over the past 12 months, property—and especially houses—are still out of the... -
Superannuation Withdrawals Explained
Over three decades ago, Australia’s then-Prime Minister, Paul Keating, heralded the introduction of the compulsory superannuation scheme by telling parliament that “for the first time in our history…ordinary Australians will be able to build a decent nest egg for their... -
Early Release Of Super: Everything You Need To Know
Superannuation is intended to support you in your retirement so it is only in very limited circumstances that it can be accessed before you retire or reach your preservation age. But that doesn’t mean early access is impossible, and if... -
First Home Super Saver Scheme Explained
There is no doubt that buying into today’s property market is hard, but the government is aiming to help first home buyers through the tax-friendly savings vehicle that is superannuation. The first home super saver scheme (FHSSS) was introduced in... -
Industry Super Funds Explained
When it comes to choosing your superannuation fund, there are several different types of funds to select from, and one of the most popular is industry funds. Industry superannuation funds are the largest fund type by assets under management, holding... -
What Is The Superannuation Guarantee?
Superannuation is designed to provide an income for all Australians in their retirement. And the superannuation guarantee, or SG, is the percentage amount of your salary that all employers are required to pay into your superannuation fund to fund your... -
How Does Buy Now, Pay Later Work?
Buy now, pay later (BNPL) is pretty much exactly what it says on the tin. With BNPL you can take home a purchase on the basis that you will pay for it in a series of instalments. It’s a little... -
How To Manage Your Super In Retirement
The sole purpose of superannuation is to provide members with the financial security to live secure and self-funded lives during retirement. Yet because we spend years of our working lives attempting to maximise the performance of our contributions — and...