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Investing: How to reduce concentration risk

Investing: How to reduce concentration risk

Posted: 27 October, 2021
Concentration risk. No, it’s nothing to do with thinking too hard about something. In fact, it’s more likely to be a result of not paying enough attention. Concentration risk is the increase in in…
Economic Update: July-September 2021

Economic Update: July-September 2021

Posted: 7 October, 2021
COVID here to stay The third quarter of the calendar year brought with it the third and by far the biggest wave in COVID-19 infections. Largely restricted to NSW and Victoria the outbreak was driv…
Who gets your super?

Who gets your super?

Posted: 29 September, 2021
Who decides what happens to your superannuation savings when you die? You may think that you do, but that isn’t always the case. The ultimate decision may be made by someone you don’t even know – …
DIY insurance – is it right for you?

DIY insurance – is it right for you?

Posted: 15 September, 2021
Research shows that Australians are underinsured which has led to the proliferation of television advertisements promoting personal insurance cover. Are these quick and easy plans suitable for your…
Giving the gift of investing

Giving the gift of investing

Posted: 2 September, 2021
Did you have a savings account when you were young? It wasn’t uncommon and those old Passbook accounts funded many a first car. Now you’re a parent, are you thinking of opening an account for your …
Mistakes new investors should avoid

Mistakes new investors should avoid

Posted: 18 August, 2021
You’re young, expecting a satisfying future brimming with friends, family and a comfortable lifestyle. You’re a Next Generation Investor, likely aged between 18 and 25, and you’re starting to thin…
Personal Insurance FAQs

Personal Insurance FAQs

Posted: 4 August, 2021
Personal insurances are designed to provide protection from the financial consequences of death or disability. They therefore form an important part of most financial plans. Here, in brief, is how …
Economic Update: April-June 2021

Economic Update: April-June 2021

Posted: 21 July, 2021
Employment surprise JobKeeper was a cornerstone of Australia’s response to the coronavirus pandemic. It provided millions of Australians with an ongoing income and kept thousands of businesses afl…
When was the last time you paid cash?

When was the last time you paid cash?

Posted: 7 July, 2021
Prior to COVID, we were steadily moving towards a cashless world. Post 2020, even the most resilient of us has made the leap to tap-and-go payments sooner than we expected. From the morning coffee…
EOFY is coming – Have you thought about …

EOFY is coming – Have you thought about …

Posted: 23 June, 2021
The end of another financial year is looming, and with that may come thoughts about your tax return and how your wealth has tracked throughout the year. Whether you’re nearing retirement, a high-in…
What does a good financial adviser do?

What does a good financial adviser do?

Posted: 9 June, 2021
Some people may think that a financial adviser’s role is to forecast the direction of the share market from month to month and invest clients’ money accordingly. This is not the reality, of course…
Can you afford to retire early?

Can you afford to retire early?

Posted: 26 May, 2021
Many Australians caught in the nine-to-five grind of working for a living, dream of the possibility of taking early retirement and spending their days travelling or playing golf or doing nothing mu…
Working from home? How to boost your next tax return

Working from home? How to boost your next tax return

Posted: 13 May, 2021
With the range of technology and software available today, it’s become easier than ever to work from home. Employees can efficiently complete calls using teleconferencing software, many collaborati…
Six super hacks to retire richer

Six super hacks to retire richer

Posted: 28 April, 2021
While it’s easy to be discouraged by superannuation and fear you will never have enough money saved to stop working, remember even a modest superannuation balance can make a big difference in retir…
Quarterly Economic Update: January-March 2021

Quarterly Economic Update: January-March 2021

Posted: 14 April, 2021
The global COVID-19 jab-fest gathered pace with some countries, including Israel and the United Kingdom, achieving high rates of immunisation. However, the rollout has had some issues. Rare side ef…
It’s not too late for super planning in your 60s

It’s not too late for super planning in your 60s

Posted: 31 March, 2021
For most Australians, their 60s is the decade that marks retirement. For some this means a graceful slide into a fulfilling life of leisure, enjoying the fruits of a lifetime of hard work. However,…
Push the super pedal down in your 50s

Push the super pedal down in your 50s

Posted: 17 March, 2021
If 50 really is the new 40, then life has just begun. The kids are gaining independence or may have left home, and the mortgage could be a thing of the past. Bliss. But galloping towards you is… re…
It’s time to get focused on super in your 40s

It’s time to get focused on super in your 40s

Posted: 3 March, 2021
Typically your forties is a time of established careers, teenage kids and a mortgage that is no longer daunting. There are still plenty of demands on the budget, but by this age there’s a good chan…
Pay attention to super in your 30s

Pay attention to super in your 30s

Posted: 24 February, 2021
If you are in your 30s, chances are life revolves around children and a mortgage – not super. And as much as we love our kids, the fact is they cost quite a lot. As for the mortgage, this is the ag…
Super in your 20s: Boring? Doesn’t have to be!

Super in your 20s: Boring? Doesn’t have to be!

Posted: 10 February, 2021
Superannuation is for the oldies, right? In some ways that’s true, but even in your twenties there are good reasons to take a bit more interest in your super. The average 25-year-old has around $10…
Three steps to your children’s financial success

Three steps to your children’s financial success

Posted: 27 January, 2021
For many of us, our first experience of banking and savings was the school Savings Account Program. But in 2019 the Australian Securities and Investments Commission (ASIC) raised concerns that thes…
Economic Update: October-December 2020

Economic Update: October-December 2020

Posted: 27 January, 2021
COVID-19 update Finally, some good news on the COVID-19 front: several vaccines have been rolled out in a number of countries. While a huge step forward in bringing the pandemic under control, it c…
Market crashes: The good, the bad and the ugly

Market crashes: The good, the bad and the ugly

Posted: 13 January, 2021
Just as night follows day, it seems part of the regular cycle of the world’s share markets that market crashes and falling prices follow good times and rising prices. The impact of the COVID-19 Glo…
Why seeing a financial adviser could be your best Xmas gift

Why seeing a financial adviser could be your best Xmas gift

Posted: 30 December, 2020
The run-up to Christmas is usually a hectic time. Aside from the shopping and Christmas parties, there are deadlines to meet, loose ends to tie up and, for many farmers, the last of the crop to har…
How does Australia’s pension plan stack up?

How does Australia’s pension plan stack up?

Posted: 16 December, 2020
One in six people will be over 65 years old by 2050. With the world’s population ageing quickly, it is natural to think about how pension systems around the world will cope, particularly in Austral…
Super success for women

Super success for women

Posted: 2 December, 2020
While women earn less and spend less time in the workforce than men, sharply reducing their super contributions throughout their working lives, there are some simple steps women can take to boost t…
Turbo boost your retirement savings

Turbo boost your retirement savings

Posted: 18 November, 2020
Once your mortgage and other financial commitments are manageable, it is usually time to put the pedal down on your super. Those prime income years, between age 40 and 50 in particular, should be u…
What is money… really?

What is money… really?

Posted: 4 November, 2020
That $50 note in your pocket. What’s it worth? “$50,” you say, probably thinking it’s a dumb question. But is it really? Or a sheet of plastic and a bit of ink that likely cost the note printer les…
Quarterly Economic Update: July – September 2020

Quarterly Economic Update: July – September 2020

Posted: 21 October, 2020
COVID-19 remained the big story of the last quarter. Tragically, by the end of September the pandemic had caused over one million deaths. That was up by 500,000 since the end of the previous quarte…
Reviewing your insurance as you get older

Reviewing your insurance as you get older

Posted: 7 October, 2020
So, you are seriously starting to think about your retirement. The kids are finally more independent, the mortgage is less than it was, and the super is more than it was. You look at your monthly b…
Positioning your portfolio in turbulent times

Positioning your portfolio in turbulent times

Posted: 23 September, 2020
As any experienced investor knows, all investment markets have their ups and downs. Regardless of investor experience, turbulent times are a cause of anxiety, and that can lead to poor decision-mak…
Unlocking financial secrets for different phases of life

Unlocking financial secrets for different phases of life

Posted: 9 September, 2020
One of the keys to financial success is to adopt the right strategy at the right time. As you move through the stages of life, here are some tried and tested ‘secrets’ that will help you build and …
Are you investing or gambling?

Are you investing or gambling?

Posted: 26 August, 2020
The potential financial results of investing can feel limitless, and it can be tempting to think that just one stock pick could make you an overnight millionaire. Yes, stock-picking can have a plac…
Get your super together and save

Get your super together and save

Posted: 12 August, 2020
If you have had different jobs with different employers over your working career you will probably have superannuation accounts in many different funds. Apart from the time it takes to keep track o…
What will you do with your tax refund?

What will you do with your tax refund?

Posted: 29 July, 2020
Thousands of Australians receive tax refunds every year. Some refunds won’t even cover the cost of a pizza to celebrate, however many are quite substantial. If you’re one of the lucky ones, what wi…
COVID-19 Economic Update

COVID-19 Economic Update

Posted: 15 July, 2020
During the last quarter one story has dominated the news – COVID-19. By the end of June at least 10 million people had contracted the disease, and over 500,000 had died. With 8,000 cases and 104 de…
Investing 101

Investing 101

Posted: 1 July, 2020
Whether it’s taking a more active interest in our superannuation, starting to build an investment portfolio, or even trying our hands at playing the stock market, we…
What to consider when withdrawing your super early

What to consider when withdrawing your super early

Posted: 17 June, 2020
[fsn_row][fsn_column width=”12″][fsn_text] As the COVID-19 virus took a sledgehammer to the economy, the federal government rapidly introduced a range of initiatives to help individuals who lost i…
Shares are more than numbers

Shares are more than numbers

Posted: 3 June, 2020
[fsn_row][fsn_column width=”12″][fsn_text] Whether it’s by direct purchase, via a managed fund or through superannuation, most Australians hold some form of share investment. Many of us are aware …
When an SMSF may be the wrong idea

When an SMSF may be the wrong idea

Posted: 20 May, 2020
Since the Australian Government introduced compulsory employer contributions to people’s superannuation funds in 1992, Australia’s funds invested in super have grown to $3 trillion. In this time, s…
Your wealth during the COVID-19 pandemic

Your wealth during the COVID-19 pandemic

Posted: 6 May, 2020
There isn’t a single person in the world who hasn’t been impacted by COVID-19. As new case numbers start to slow in Australia, so too is our economy. This time presents new challenges as everyone g…
5 ways to benefit from record low interest rates

5 ways to benefit from record low interest rates

Posted: 22 April, 2020
Interest rates have never been lower, and it’s possible they might fall even further. This creates opportunities for householders and businesses, so how can you best take advantage of low interest …
Economic Update: First quarter results reflect shock

Economic Update: First quarter results reflect shock

Posted: 8 April, 2020
The first quarter of 2020 will forever be remembered for delivering one of the greatest health and economic shocks of all time. The economic damage was an inevitable consequence of governments worl…
The upside of a market downturn

The upside of a market downturn

Posted: 25 March, 2020
Most people view share market downturns as unequivocally bad events. Suddenly, hard earned savings aren’t worth as much as they were yesterday. It seems as if our money is evaporating, and in the h…
The true cost of a pandemic

The true cost of a pandemic

Posted: 11 March, 2020
Recent events such as the coronavirus outbreak, bushfires across Australia and the drought highlight the far-reaching effects of an epidemic. Following the initial devastation of these events, the …
4 financial resolutions to kick start the New Year

4 financial resolutions to kick start the New Year

Posted: 18 December, 2019
The dawn of a new year sees many people setting new year’s resolutions such as losing some weight or giving up smoking. Similarly, the beginning of a new year is the ideal time for setting financi…
5 ways to benefit from record low interest rates

5 ways to benefit from record low interest rates

Posted: 4 December, 2019
Interest rates have never been lower, and it’s possible they might fall even further. This creates opportunities for householders and businesses, so how can you best take advantage of low interest …
Being sensible with Buy Now Pay Later this silly season

Being sensible with Buy Now Pay Later this silly season

Posted: 20 November, 2019
Move over debit and credit cards; consumers are flocking to Buy Now Pay Later (BNPL) services. Afterpay, Zip Pay and several similar payment solutions allow shoppers to take home their goodies now …
Financial Advice, Royal Commission and You

Financial Advice, Royal Commission and You

Posted: 6 November, 2019
The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry delivered its final report in February 2019, capping off a process that revealed the unethical an…
Making the most of low interest rates

Making the most of low interest rates

Posted: 23 October, 2019
Banks have not been passing on the full reduction in the Reserve Bank’s official cash rate, but no one knows with any certainty, what the future holds for rates and to what extent. Most prediction…
Tap into the amazing power of compounding

Tap into the amazing power of compounding

Posted: 9 October, 2019
When you invest over a period of time, compound interest is your best friend. In effect, it means you are earning interest not just on your own capital, but also on the interest you’ve already earn…
Millennials & Money – your unique needs

Millennials & Money – your unique needs

Posted: 25 September, 2019
If you entered the world between 1980 and 1996 you’re part of the “millennial generation”. You’ve grown up in an age of unprecedented abundance and incredible technical innovation, and as a group, …
Five reasons to refinance your home loan

Five reasons to refinance your home loan

Posted: 11 September, 2019
Many people treat their home loan as a set-and-forget, riding out whatever the original loan terms and prevailing interest rates dish up. They may be doing themselves a disservice, as there are sev…
Insurance: Inside or outside Super?

Insurance: Inside or outside Super?

Posted: 28 August, 2019
Most people can choose to own life insurance themselves or to hold this insurance in their superannuation fund. But it’s not a simple decision – the way these policies operate and are taxed may var…
Trauma insurance fills the gaps

Trauma insurance fills the gaps

Posted: 14 August, 2019
According to an Australian Bureau of Statistics report published in September 2018, cancer is the most common cause of death in Australia accounting for more than 29,000 fatalities in 2017. Incredi…
A good financial planner is your best asset

A good financial planner is your best asset

Posted: 17 July, 2019
Financial planning is about establishing a long-term strategy to secure your financial future with the lifestyle and living standards you desire. ‘Value’ often goes beyond dollars and cents. It can…
Tax rules do not treat all income equally

Tax rules do not treat all income equally

Posted: 3 July, 2019
Anyone who has completed their own tax return will know that the tax office treats different types of income differently. Bank interest is recorded in one section, dividends from shares in another …
How much do I need to start investing?

How much do I need to start investing?

Posted: 5 June, 2019
Far from being the realm of the rich, building an investment portfolio is something that most people can do. It can start as a simple savings plan – a few dollars in the bank – before expanding int…
Frequently asked questions about Super

Frequently asked questions about Super

Posted: 22 May, 2019
If the ins and outs of superannuation leave you confused, the answers to these frequently asked questions will help you understand the basics. How much do I need to retire?According to the Associat…
Personal Insurance FAQs

Personal Insurance FAQs

Posted: 8 May, 2019
Personal insurances are designed to provide protection from the financial consequences of death or disability. They form an important part of most financial plans. Here, in brief, is how they work….
6 common financial mistakes people make in their 30s

6 common financial mistakes people make in their 30s

Posted: 24 April, 2019
Climbing the career ladder, perhaps buying a home and starting a family – the 30s are an exciting stage of life. However, decisions made now can make a big difference to future financial wellbeing,…
6 common financial mistakes before retirement

6 common financial mistakes before retirement

Posted: 10 April, 2019
Many of us would like to think that ‘older’ means ‘wiser’, but when it comes to money that isn’t always the case. The complexity of Australia’s superannuation system doesn’t help. The upshot is tha…
Financial advice is not the same for everyone

Financial advice is not the same for everyone

Posted: 20 March, 2019
Investment planning is an important part of financial planning but underpinning the whole process of creating wealth in the first place is having a good financial strategy. For many people that str…
Retirement: it’s time to get busy living!

Retirement: it’s time to get busy living!

Posted: 6 March, 2019
Many people eagerly anticipate retirement. Others view its approach with trepidation, worried over how they’ll fill their days. Australians are living longer; it’s not unreasonable to assume you’ll…
Making interest-free deals work for you

Making interest-free deals work for you

Posted: 20 February, 2019
They have been around for decades, but interest-free deals can still be confusing and costly when not managed correctly. Excitable advertising can make these offers almost too good to refuse, parti…
Does the value of the Aussie dollar affect you?

Does the value of the Aussie dollar affect you?

Posted: 28 November, 2018
You might think that only importers and exporters pay attention to the value of the Aussie dollar, but movements in the exchange rate affect us all. After peaking at US$0.81 in late January 2018 th…
What can you tell your employees about Super?

What can you tell your employees about Super?

Posted: 14 November, 2018
It’s a common question asked by employees: “what should I do about my super?” If you are an employer or manager and feel confident of your knowledge of superannuation and investment, it can be temp…
To gift or not to gift

To gift or not to gift

Posted: 31 October, 2018
With Australia’s age pension being subject to an assets and income test, a simple way for part-pensioners to increase their pension payments is to give away some assets. Not surprisingly the govern…
Switch and save

Switch and save

Posted: 17 October, 2018
When developing a budget, it’s easy to think that you have no control over costs for essential items such as electricity, particularly when every bill seems to be higher than the last. But if you l…
Navigating the loan maze

Navigating the loan maze

Posted: 5 September, 2018
When choosing the right type of loan to suit your needs now and into the future, there are many factors to consider. What is the purpose of the loan? Credit cards provide immediate access to credit…

03 5382 3460

Tollfree 1800 009 533

info@consortiumpw.com.au

Send us an email anytime!

24A Darlot Street, Horsham

Victoria Australia 3400
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