Transaction accounts and debit cards

A transaction account is an account you use for day-to-day banking such as paying bills and getting your wages. Transaction accounts are often called ‘everyday accounts’. When you choose a transaction account, compare the account features and choose a no-fee or low-fee account. What to look for in a transaction account Most transaction accounts come … Read more

Super investment options

Your super fund invests your money for you. Most funds let you choose from a range of investment options, from conservative to growth. It’s worth taking the time to check your options and decide what’s right for you. The options you choose can make a big difference to how your super grows. You can find … Read more

How to transition to retirement

As you get closer to retirement, you’ll start to wind down and want to work less without compromising your lifestyle. That’s where a Transition to Retirement Pension (TRP) could work for you. It could help you through the next stage of life when you’re not quite ready to give up working yet. Work less for … Read more

Sole trader, partnership or company – which structure is best for your business?

Many business owners start out as sole traders. As a sole trader, you – the business owner – are the business. You have a registered business name, an Australian Business Number (ABN), and if turnover exceeds $75,000 p.a., you are registered for GST, writes Rolf Howard, Managing Partner at Owen Hodge Lawyers.  You still only … Read more

Retirement can be risky business

By Robin Bowerman, Head of Corporate Affairs, Vanguard Australia Anyone with a healthy superannuation balance heading into retirement in February 2020 would have felt relatively confident that they were both mentally and financially ready for the next chapter in life. But fast forward a few weeks and that confidence might have been shaken somewhat as … Read more

Pet insurance

Insurance can help cover costs if your pet gets sick or hurt. Make sure you know it will cover your pet’s needs and the full costs before you take out a policy. Types of pet insurance The different types of pet insurance and how they work. Accident-only insurance Covers vet costs if your pet is … Read more

Rental yields – what you need to know

Rental yield – essentially the rate of rental income returned against the costs of an investment property is a great indicator of a property’s investment potential. But you need to keep things in perspective when you factor it into your decision to purchase property. Calculating rental yield  A good first step in examining rental yield’s … Read more

Five investing tips for beginners

By Balaji Gopal, Head of Personal Investor 1. Evaluate where you’re at financially Before beginning your investment journey, it’s important to sit down and map out your financial position and goals so that you know where you are and exactly what you’re working towards. Start by looking at your savings, income, living expenses and personal … Read more