Nationwide Financial Blog
News and tips to make a difference in your life and future finances.
GETTING RETIREMENT PLANS BACK ON TRACK
After a year when even the best laid plans have been put on hold due to COVID-19, people who were planning to retire soon may be having second thoughts. You may be concerned about a drop in your super balance, insecure work, or an uncertain investment outlook....
TAX-EFFECTIVE WAYS TO BOOST YOUR SUPER
After a year when the average superannuation balance fell slightly or, at best, moved sideways, the summer holidays could be a good opportunity to think about ways to boost your super while being mindful of tax. With the Reserve Bank reducing interest rates to...
Granny Flats: Tax Tips & Traps
The idea of adding a granny flat to your property sounds like a great idea. A property to rent out to generate some welcome extra income, or a home for adult children or mum and dad in their later years. But there are important tax and personal considerations to...
How the Budget may affect business owners
The announcements in this update are proposals unless stated otherwise. These proposals need to successfully pass through Parliament before becoming law and may be subject to change during this process. What you need to know The Budget is forecast to result in a...
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