Home Care Changes
Home Care changes – Arrowstone can assist you, your family or friends in understanding and assessing the impact of the new rules. Commencing Home Care and managing the eventual transition into Aged Care is a difficult process for retirees and their families. Understanding the aged care system, as well as the interaction with social security […]
Aged Care Advice
Aged Care Advice – Arrowstone can assist you, your family or friends in understanding and assessing the impact of the new rules. Commencing Home Care and managing the transition into Aged Care is a difficult process for retirees and their families. Understanding the aged care system, as well as the interaction with social security and […]
Estate planning gives you a final say
Planning for what happens when you pass away or become incapacitated is an important way of protecting those you care about, saving them from dealing with a financial and administrative mess when they’re grieving. Your Will gives you a say in how you want your possessions and investments to be distributed. But, importantly, it should […]
Should I put my money into my mortgage or my super?
With interest rates on the rise and investment returns increasingly volatile, Australians with cash to spare may be wondering how to make the most of it. If you have a mortgage, should you make extra repayments or would you be better off in the long run boosting your super? The answer is, it depends. Your […]
Budget Summary October 2022
Budget October 2022: sign of the times In his first Budget, Treasurer Jim Chalmers’ emphasised the three Rs – responsible budget repair and restrained spending, right for the times. For good measure, resilience also got a mention with spending targeted at building a more modern economy to deal with the challenges ahead. This is the […]
Spring 2022 Newsletter
Spring 2022 Welcome to our Spring newsletter. September means it’s football finals season and hopefully the beginning of warmer weather despite the recent late winter chill. In August, the focus was on US Federal Reserve chair Jerome Powell’s speech at the annual Jackson Hole business gathering on August 26, and he was blunt. To hose […]
A Super window of opportunity
New rules coming into force on July 1 will create opportunities for older Australians to boost their retirement savings and younger Australians to build a home deposit, all within the tax-efficient superannuation system. Using the existing First Home Super Saver Scheme, people can now release up to $50,000 from their super account for a first […]
How to manage rising interest rates
Rising interest rates are almost always portrayed as bad news, by the media and by politicians of all persuasions. But a rise in rates cuts both ways. Higher interest rates are a worry for people with home loans and borrowers generally. But they are good news for older Australians who depend on income from bank […]
Preparing for the next chapter
Retirement means starting a new chapter of your life, one that gives you the freedom to create your own story, as you decide exactly how you want to spend your time. While retirement may not be part of your immediate plans, there are advantages to giving some thought as to what retirement looks like for […]
Budget Summary 2022
A balancing act Billed as a Budget for families with a focus on relieving short-term cost of living pressures, Treasurer Josh Frydenberg’s fourth Budget also has one eye firmly on the federal election in May. At the same time, the government is relying on rising commodity prices and a forecast lift in wages as unemployment […]