If you care about aligning your investment choices with your moral compass, you will be glad to know that ethical investing is on the rise with many funds structuring their portfolios to meet this demand. Ethical investing means supporting industries that are making a positive impact and an investment return.
If you are aged between 40 and 50 you are probably juggling a lot of balls. This is a decade when many people are carrying a heavy responsibility load. Careers are established, there may be young children or teenagers and ageing parents to consider. It’s a lot and it is easy to take your eye off the ball when it comes to money matters and financial planning. But if you make a bit of time to put a few things in order you will reap the benefits in later years.
2022 has been anything but ordinary, but one thing that remains a given is the end of financial year. As always, there are essential tax planning opportunities and matters to consider in the lead up to 30 June. This is also an ideal time to look at how you can boost your superannuation contributions. There are a number of advantages to contributing money to your superannuation, one of the most attractive being tax concessions.
The Reserve Bank has announced the first interest rate increase in more than 11 years taking the cash rate up to 0.35 percent. With all major banks deciding to pass the increase on in full this will add $65 a month to repayments on a $500,000 mortgage. This coupled with high inflation presents some challenges for those with high debt levels who may have to cut back on non-essential spending.
