Finance News

From the monthly archives: July 2012

We are pleased to present below all posts archived in 'July 2012'. If you still can't find what you are looking for, try using the search box.

Locating And Consolidating Your Super

Posted on Wednesday, July 4, 2012
38% of Australians have at least two super accounts*, while there is an estimated $18 billion in unclaimed super. Each super account has its own set of fees which, over time, can erode your savings, reducing your final retirement nest egg. The good news is locating and consolidating your super accounts just got easier. Read the rest of entry »

Loan Agreements & Gifts Between Family Members

Posted on Monday, July 2, 2012
Question:
My son and his pregnant girlfriend recently married. A couple of days ago they called in – this is pretty unusual so I thought something might be up. The reason for their visit soon became obvious. They had just seen a house they wanted to buy but can’t because they don’t have enough money saved for a deposit. They then asked me if I could loan them enough for the deposit. I want to help but don’t want them to conveniently forget about repaying any money I lend them. Is there any way I can show them how serious I am about having the loan repaid? Read the rest of entry »
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