Archive for category: General Finance
News
What is the cost of university education in Australia?
One of the biggest questions many people have is, 'what is the average cost for university in Australia'? The cost of your degree will depend on the type of degree you're striving for. This article explores the cost of university education in Australia for a bachelor's degree, a master's degree including a Master's of Business Administration (MBA), and a doctoral degree.
... read moreFive financial moves to make in your 40s
Being in your 40s often involves balancing many responsibilities that it becomes easy to neglect your own financial wellbeing. But it’s not too late to secure your future. Here are some tips that may help you financially make the most of your 40s.
... read more2023: The Year that Wasn’t
Towards the end of the calendar year, there’s a natural tendency in the financial media to look both back and forward – back on the events of the past 12 months and forward to what we imagine the coming year will hold.
... read moreThe RBA says the fight against inflation has entered a new phase. Here's what it means for interest rates
Australia has entered a new frontier in its fight against inflation after the Reserve Bank left interest rates on hold at 4.1 per cent for the second month in a row at its August meeting.
... read moreTeaching children healthy money habits
As a parent, you try to ensure your children have the skills to make smart financial decisions. For example, you tell them about the importance of saving or the power of compounding interest. But did you know that you could be sending them negative money messages without meaning to?
... read moreMay 2023 Federal Budget
The 2023 Federal Budget focuses on providing cost of living relief through lower power bills, higher welfare payments and more support for small business and housing.
... read moreWhen Headlines Worry You, Bank on Investment Principles
On Friday, March 10, regulators took control of Silicon Valley Bank as a run on the bank unfolded. Two days later, regulators took control of a second lender, Signature Bank.
... read moreMarket Review 2022: After a Down Year, Looking to the Past as a Guide
It was an up-and-down year for markets—in the end, one with more down than up. The world gave financial markets a lot to process. This review provides some key takeaways about the 2022 market.
... read moreTrust the Financial Advisor Who Trusts the Market
With over 200,000 fnancial advisors in the United States, how do you pick one? First, eliminate the stock pickers. Those are the people making predictions about which stocks are going to be winners and losers. Cross off the market timers, too. They’re the ones who get into and out of the market, trying to buy the dip and sell at the peak.
... read moreFederal Budget Oct 2022 summary
This year’s Federal Budget focuses on providing relief for those with children, homebuyers and social security recipients whilst maintaining pre-election commitments.
... read moreLight at the End of the Inflation Tunnel?
It seems some investors have resigned themselves to a new normal of high inflation following decades of below-average consumer price changes. However, financial market data tells a different story, one of potentially softening inflation.
... read moreEOFY Tips and Tax Return Checklist
To help you complete your tax return, including if you’ve been working from home, this checklist outlines income and expenses you need to disclose to the Australian Taxation Office (ATO) when lodging your return. We’ve also provided an overview of the types of tax offsets and deductions you may be entitled to claim plus other handy tax tips.
... read moreFour Ways to Improve the Probability of a Good Retirement
Around the world, individuals are being asked to take on greater responsibility for their own retirement.
... read more2022 Federal Budget Analysis
This year’s Federal Budget covers a range of measures aiming to reduce the pressure from increased costs of living and help people into homes.
... read moreFive tips for looking after your household’s finances
Take the pain out of managing your family’s finances with some simple tips every family can use.
... read moreA new year is a chance for a fresh start
New year is a great time for making lifestyle changes, however, for goals and changes affecting your financial health, there's often no better time than when starting a new job.
... read moreKey Questions for Long-Term Investors
Whether you’ve been investing for decades or are just getting started, at some point on your investment journey you’ll likely ask yourself some of the questions in this article.
... read moreWhat to Expect in my First Financial Advice Meeting
When you haven't done something before, you can be nervous. When it comes to your first Financial Advice meeting at Endura we want you to be clear on exactly what's going to happen. Watch this video to find out more.
The True Value of Advice - Confidence Delivers
Confidence helps you get more out of life. A recent landmark survey found that for clients who received financial advice, they were free from financial stress. And when you're not stressed, you live a better life.
How do you know when the advice is right?
Seeking financial advice can turn your life around and put you on a path to a happier and more secure financial future. But where do you start? Who do you trust? How do you know you are going to get value for money?
... read moreNavigating your way through a redundancy
The Australian Bureau of Statistics announced a record 932,000 jobs were lost between the March and June 2020 quarters in the wake of COVID-19. While the Government extended temporary economic assistance for most businesses until March 2021, it has gradually been phased back which may result in many businesses downsizing, winding up or becoming bankrupt. This means it’s possible that more jobs may be lost in the coming months.
... read moreHow will the Federal Budget affect you?
During this year’s Federal Budget announcement Treasurer Josh Frydenberg stated “Australia is back!”. The Budget proposes positive changes to superannuation, an extension of the low and middle income tax offsets and a boost to aged care services.
... read moreUpdate on the housing market
Last May we discussed the likely impact of the Coronavirus on the Australian property market and concluded that the pandemic will place downward pressures on the general level of house prices by either reducing demand or increasing supply.
... read moreWhat financial mistakes have you made?
Have you made a big financial mistake in the past? One that cost you a lot of time and money to fix? One that caused you a big headache?
... read moreEndura Private Wealth is 100% committed to the BFO
Endura Private Wealth is 100% committed to the Banking and Finance Oath that re-asserts the ethical foundation of the industry.
... read moreThe Pizza Pandemic
The global pandemic wrought by COVID-19 has created great uncertainty among policymakers, investors, workers and consumers, but it’s worth noting that its repercussions on the economy and the share market have not been all in one direction.
... read moreTake control of your retirement
Are you affected by the increase in the Age Pension’s qualifying age? Take steps now to avoid getting caught short on retirement income.
The minimum age to qualify for the Age Pension has started going up. For those born on or after 1 July 1952, the qualifying age increases by six months every two years until it reaches 67 in July 2023. It rises to 66 in July this year.
... read moreLess for longer: Extension of JobSeeker and JobKeeper Payments
On 21 July 2020 the Government announced a range of proposals to the JobKeeper and JobSeeker Payments as existing arrangements are set to expire in late September 2020. Certain tax concessions to assist businesses were also extended and have been legislated.
... read moreThe Dangers of DIY Trading
Many people have taken advantage of the coronavirus lockdown to learn new skills—from baking bread, to knitting, to learning a language. But trading securities, like rewiring the house, is not something you should do without professional advice.
... read moreDo Downturns Lead to Down Years?
Stock market slides over a few days or months may lead investors to anticipate a down year. But a broad Australian
market index had positive returns in 15 of the past 19 calendar years, despite some notable dips in many of those years.
COVID-19 update
Updates that we feel you need to be aware of about our office, the investment market, and how to get through 2020.
... read moreHelping your children, financially speaking
As a parent you probably have great expectations for your child. They will have everything you had and more! You will consider their every need and make the most of every opportunity to help them get ahead, right?
Whilst every parent wants their child to be healthy, happy and financially secure, figuring out how to get them there is another thing. Working with a financial adviser can help you understand options available to financially help your children, and teach them how to take control of their financial future once it is time for you to step out of the equation, and them to step up. Introducing these discussions as a family from early on means you can get help for your children that will serve them well into their future.
... read moreDownsizing when you retire
Many retirees consider ‘Downsizing’ their home at some point. This is often for financial reasons (as the current home may now be too big) or to move into a new house better equipped to accommodate them. Over the last few years, Endura Private Wealth has specialised in providing guidance on ‘Downsizing’ for residents from Malvern to Prahran and Caulfield to Glen Iris.
... read moreSuccessful Investor Secrets
The investment world can change dramatically from one month to the next. But these secrets of successful investors never go out of style.
Successful investing can be one of your biggest allies in the quest for long-term financial security. Unfortunately, unsuccessful investing can leave you wishing you’d kept your money in the bank.
... read moreHindsight is 20/20. Foresight Isn't
The year 2019 served up many examples of the unpredictability of markets.
Download and read this article issued by DFA Australia Limited (AFS Licence No. 238093. ABN 46 065 937 671). Material provided for information only.
... read moreWhat is the value of an Adviser?
A new report has dived into the value of advisers and found that they deliver value of at least 4.4 per cent or more every year to their clients beyond investment-only advice.
... read moreFurther Information
Following our update from last week, we would like to provide you with further information on the business changes to take place shortly.
We are excited to announce that from the 1st August 2019 knp Financial Services will be changing our name to Endura Private Wealth.
... read moreAn exciting new development
knp Financial Services (knpFS) are now ready to share an exciting development for our business. From 1 August 2019, knpFS will operate as an independent entity, which will see our firm relocate, rebrand and regenerate our service offering.
... read moreHow to find the right financial adviser for you
When it comes to getting financial advice, it's imperative to find someone you trust.
But with the financial services royal commission revealing a culture of greed in the financial advice industry, it's hard to know where to turn for advice.
... read more