What makes your debt tax deductible?

There are two kinds of debt in this world: the kind that is tax deductible and the kind that isn’t. Knowing the difference, and planning your purchases accordingly, can significantly improve your cashflow, opportunities and overall…

Putting the property price dip into perspective

Sure, the value of the average Australian home may have fallen for nine consecutive months, but it’s far from doom and gloom. Let’s put it all in a bit of perspective. It’s easy to see a headline such as “Australian dwelling…
Salary sacrificing Australian tax

Could you benefit from salary sacrificing?

Keen for a new laptop, car, or even an airport lounge membership? Sick of putting your hand in your pocket for school fees, the rent or your mortgage? All of these things could be paid for through a salary sacrifice arrangement. With…

Don't blow the budget on your next property purchase

You know how it goes. You see that dream property you’ve just got to have, and then next minute, the budget is in smithereens. Well, at least that’s what happens to almost a quarter of home buyers. Here’s how to keep a lid on your…

How to save for a first home deposit

So you’ve decided to finally take the plunge and start saving for a deposit to buy your first home? Here’s a few handy tips to get you started. Saved for a holiday before? Or a car? What about TV or computer? The good news is that…

The truth about 0% car finance offers

Seen an offer along the lines of: ‘Drive away, 0% finance to pay’? Well, like most things in life, when it sounds too good to be true, it probably is. Finance offers like 0% (or other low interest rates) for new cars exist for a reason:…

Using your super fund to save for your first home

For most first home buyers, the property market can seem like a tough nut to crack. But today we’ll look at a new super scheme that makes it a whole lot easier to save for a deposit. Heard of the First Home Super Saver (FHSS) scheme? No?…
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Calculators online

We have put together some online calculators to help you research prior to coming in and seeing us work out the knitty gritty. We know that knowledge is power, and we want you to have the most information possible. Head on over to our calculators…
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Budget wrap-up 2018

Tuesday night Scott Morrisson handed down what can be best described as an pre-election Budget and in our opinion a very tax centric budget. No major announcements of increases or decreases in service spend and It is still expected that…

You're married! Now what about your finances?

The hangover has worn off, the (frightening) wedding bills have been paid, and you finally have time to relax and look forward to a long life of marital bliss ahead. Or do you? You and your partner probably had a number of money-related…

Redundancy equals opportunity

Redundancy – not something most of us like to contemplate.  Yet it is a reality for many of us in our working life.  So rather than redundancy being seen as something negative, let’s flip it around - your redundancy could be the best thing…

What you need to know before buying your second property

Whether it’s as an investment asset or a holiday home, buying your second property poses a unique set of challenges. Here’s what you should consider.  Australians love property, and it’s not difficult to see why. Property is seen…

Do you know what you can and can't claim?

Taxpayers are being put on notice by the ATO, which will be paying close attention to claims for ‘other work-related expenses’ this year. Ensuring you have appropriate records, and sound advice, will be more important than ever for…

How triathlons are like Financial Planning – guest post by Paul Benson

Over the years I’ve found that the best way for me to stay fit and engage in some regular exercise is to set myself a goal.  Last year I set myself a goal of completing a triathlon.  I’ve done quite a bit of running over recent years,…

Going guarantor on a family member's loan?

Saying no to family is always difficult. But if a family member or friend asks you to become a loan guarantor, it always pays to think carefully before signing on the dotted line. Being a co-borrower or guarantor on a loan certainly has…
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The sharemarket – a beginners guide by Paul Benson

If you catch a snippet of the radio in the morning on your way to work, you’re likely to hear what happened to the Dow Jones overnight.   If you read your news on-line or watch the news on TV it’s likely you’ll hear about the All Ords…

Four business hurdles that trip up first timers

Whether you’re keen to start monetizing a passion project, or want to finally escape office politics and run your own show, here are four issues that regularly trip up new business owners. Starting your own business is an exciting time.…
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Seven reasons why you shouldn't hit the panic button

Sure, the first half of this week has seen the Australian share market described as a “bloodbath”. But now’s not a good time to panic. Here’s why. The US Dow Jones might have suffered its biggest dive in history, and the Australian…

Lending restrictions could soon ease

Financing options for homebuyers could open up once more with the federal government suggesting that lending restrictions could be eased if property prices fall sharper than expected. Federal Treasurer Scott Morrison says the government…

Floating the idea of refinancing your home loan?

When it comes to refinancing your home loan, it’s a case of reward vs risk. Let us step you through some of the most common questions and concerns. Refinancing your home loan is the process of either extending or replacing an existing…

Procrastination – 9 tips to combat this number one killer of Financial dreams

How hard is it to get started?  I’m sure we’ve all had things that either need to be done, or that we’d like to do, but we put them off – shift them to the bottom of the pile or check out our Facebook feed instead. When it comes…
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Improve your finances one month at a time with this 2018 to-do list

It’s easy to get overwhelmed with a long list of tasks, so we’ve simplified things for you. Just tackle one job on this list each month and you’ll make a huge difference to your finances in 2018. January: Create a monthly family budget…

Shaun talks about Trusts: Podcast

Shaun Farrugia (Optimised's founder), recently sat down with Paul Benson from Financial Autonomy (who is also our resident Financial Planner). They talked about all things Trusts, including: The dummies guide to what exactly a Trust…

Make sure your New Years resolution includes a home loan health check

Whenever we think of New Year’s resolutions, we always seem to commit to improving our physical wellbeing rather than our financial wellbeing. Whether that involves signing up to the gym, getting a personal trainer, or subscribing to…

Bitcoin: Boom or bubble?

Ask 10 different financial experts about the future of Bitcoin, and you’ll get 10 different answers. Here’s the good, the bad and the outright ugly. The price of a single Bitcoin has skyrocketed more than 1700% since the beginning…

Why it might be time to consider a principal-and-interest home loan

Australians have gravitated towards the benefits of interest-only home loans in high numbers in years gone by. But a raft of changes mean it might be a good time to start looking into the principal-and-interest option instead. In Australia, four…

Regulator to crack down on home loan lending standards

It could soon become harder for Aussie families to secure a loan directly from lenders, with the prudential regulator warning people to prepare for a crackdown on lending standards. APRA’s main concern is that banks and other lenders…
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Dissecting the PM's Tax cut teaser

You may have heard the PM drop a big hint earlier this week that tax cuts are coming for middle-income Aussie families. However it was all very light on detail, so here’s what to make of it. In case you missed it, here’s the tidbit…

The big interest rate news you probably missed this week

You may have heard that the RBA is once again holding its horses when it comes to the official cash rate. But you probably missed the much bigger interest rate news one day earlier. Every year, on the first Tuesday of November, Australians…

Create a business budget in seven simple steps

You’ve got clients, you’re making money and you’re paying the bills. But if you don’t have a budget, how do you know your business is on track? Many businesses make the mistake of not creating a budget, either because they don’t…