With interest rates at historical lows, it may be worth considering whether or not you should fix it. At least one of our lenders is offering a 5.49% fixed rate for 5 years - that's low. Following are some guidelines, which may help you decide: Are You on a Tight Budget? If you're on a tight budget, fixing your interest rate will at least give you peace of mind, knowing your repayments won't change during the fixed rate period. Do You Expect Any Changes in Your ...

How the economy actually works is not an exact science, because an economy is made up of people....and people can be unpredictable and emotional creatures, at times, so we can do things that don't make sense. But if you want a broad-brush view of how the economy is supposed to work, go to to this YouTube site of Ray Dalio's, and spend 30 minutes. Ray has provided one of the best explanations of how an economy basically works, so it's worth the time. Here's the link:...

I recently finalised a data audit for a client's Life Insurance Review. As part of my detailed audit process, I discovered the client was only covered for half of their insurable income, and they had to prove their income at the time of claim! What Does Income Insurance Cover? It's a good question. Unfortunately there is no simple answer (of course there isn't). As with most insurance contracts, what your income insurance actually covers depends on the insurer and t...

After many threats and promises, we finally had our new coffee machine installed at our new East Brisbane office today! We'll now be able to make our clients cafe-style coffee (just like a bought one), with our own supply of fresh Genovese coffee beans (supplied by the lovely Kylie -
Genovese Coffee rep. for QLD), ground with our own grinder (also supplied by the lovely Kylie), and freshly brewed using our coffee-shop strength machine (nothing is too good for our clients!). H...