Advice For Living in Rosanna, Victoria | Financial planner

Advice For Living

Locality: Rosanna, Victoria

Phone: +61 3 8370 5307

Address: 6 Thomson Drive 3084 Rosanna, VIC, Australia

Website: http://www.adviceforliving.com.au/

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25.01.2022 With Fathers Day coming up, and being locked down, we thought we would do some highlights of some local businesses.

25.01.2022 10 Essential Reasons why you need an adviser.

21.01.2022 Highly recommend anyone near Healesville to drop in and grab your breakfast this weekend.

21.01.2022 +++++UPDATE++++ Update 4:30pm: Lifting of the Precautionary Boil Water Advisory ... Yarra Valley Water, after consultation with the Department of Health and Human Services and Melbourne Water, advises customers that the Boil Water Advisory issued on 28 August 2020 is now lifted across all suburbs. Water quality testing has confirmed that the water supply in the network is safe to drink. It is recommended that customers flush internal taps for two minutes to draw fresh water into their internal plumbing. We monitor water quality across our network on an ongoing, daily basis to ensure it’s of a high quality for our customers. As always, we encourage any of our customers experiencing hardship or financial difficulties to contact us for support on 1800 994 789. Where people have been out of pocket by having to purchase bottled water, please call us to receive a refund. We sincerely thank you for your patience while we have worked to confirm the safety of drinking water and apologise for the inconvenience. We take our responsibility to provide safe drinking water very seriously and do not issue these advisories lightly. For more information https://bit.ly/3jsEcdq Yarra Valley Water has issued a contaminated water notice which includes our community. Damage caused by storms overnight led to undisinfected water from Silvan Dam entering the water supply system. Please do not drink tap water or use it for food preparation unless it is boiled first. Water which has not been boiled may be used for showering, bathing, flushing toilets, hand washing, washing dishes, clothes and garden watering. The contaminated water may cause gastro-like symptoms if consumed; if you have these symptoms, please contact your doctor. I understand the power is back on and the problem has been solved, but the undisiinfected water is still in the system. As soon as I hear it is ok to drink tap water, I’ll post an update. Yarra Valley Water is working to ensure that emergency drinking water is available to those who need it. If you have special needs and require assistance, please contact them on 13 2762.

21.01.2022 Please find attached a link to our latest update video. We have, as of yesterday, started with our new back-office organisation (at last!). Also, we are relocating our business. And the video also includes my thoughts on the current economic conditions, and how this may affect your portfolio. https://youtu.be/W_XHxEBJK-E

20.01.2022 We hope everyone is well - and continuing to be safe at this time - a short market update video for you to view. https://youtu.be/bKpeF-t3OXo

20.01.2022 Just a short video with an update on sharemarkets and also a reminder about the option to withdraw $10,000 from super. Contact us if you want more information about the super option. Stay safe and have a good weekend https://m.youtube.com/watch?v=EpyBxGbGslc

18.01.2022 Happy Easter Everyone!

18.01.2022 Please find attached a video about the major changes being made to income protection. https://youtu.be/sOP3hcjRrnQ

17.01.2022 We have recorded a short video after just hearing about the impending reintroduction of Lockdown for Melbourne. A little about markets and also about our new office location. https://www.youtube.com/watch?v=KQxQBky3nxA&t=50s

17.01.2022 Please find below our latest market update video. We are are starting to get an idea of how we might emerge financially from the lockdown. This video gives an update on where we are and what may happen. Also, an update on our office move. Same office, just a different spot!

16.01.2022 Choosing an income protection policy May 20, 2021 MoneySmart (ASIC)... Some of the things you’ll need to consider when choosing an income protection policy are: Policy type Income protection policies are provided as either an: Indemnity value policy the amount you’re insured for is a percentage of your salary when you make a claim. If your salary has decreased since you bought the policy, you’ll get a smaller monthly insurance payment. Indemnity value policies are generally cheaper and can be useful for people with a stable income. Agreed value policy the amount you’re insured for is a percentage of an agreed amount when you sign up for the policy. These are generally more expensive but can be useful if you have income that changes from year-to-year. Waiting period This is the amount of time you must wait before your payments start. Most income protection policies offer a waiting period between 14 days and two years. In general, the longer the waiting period, the cheaper the policy. When you’re choosing the waiting period, think about how much you have in sick and annual leave, savings and emergency funds. Benefit period The benefit period is how long the monthly payments will last. Most income protection policies offer two or five years, or up to a specific age (such as 65). The longer the benefit period, the more expensive the policy. But it also means greater protection if you’re unable to work for a longer time. Stepped or level premiums You can generally choose to pay for income protection insurance with either: Stepped premiums recalculated at each policy renewal, usually increasing each year based on the higher chance of a claim as you age Level premiums charge a higher premium at the start of the policy, but changes to cost aren’t based on your age so increases happen more slowly over time Your choice of stepped or level premiums has a large impact on how much your premiums will cost now and in the future.

16.01.2022 An insight into our team at Advice for Living https://www.youtube.com/watch?v=Qm4qrECiZ9s&t=2s

14.01.2022 In this month's video there is an update on financial markets, some information on a new computer scam, a reminder about insurance changes, and a message for clients who have us as their Centrelink nominee. https://youtu.be/6-duBpoVx5g

14.01.2022 We wish all our Dad's, Step Dad's, Grandads a wonderful Fathers Day!!

12.01.2022 For any eager children out there the Diamond Creek Traders are running a Winter Competition during the school holidays. The Kids can colour in the Diamond Creek designed A4 flyer, and will go in the draw to WIN 1 of 5 $100 Diamond Creek gift cards. If you know of any children who are interested please share.

11.01.2022 We hope you are keeping safe and well and remembering on Anzac Day....

10.01.2022 Andrew has put together a video about binding death nominations. Give us a call if you would like further information or would like to make an appointment. Stay safe and well ! https://youtu.be/2MX_NuzpRMs

09.01.2022 Happy Mothers Day to all our beautiful mothers. We hope you have had a wonderful day! From Andrew, Alison, Marlene and Lisa.

06.01.2022 Just a short video today, with my thoughts on market activity and the recovery. Also, a short item about ANZAC Day. Stay safe and contact us if you need anything. https://www.youtube.com/watch?v=VGS0i-yeptE

04.01.2022 What the income tax cuts mean to you October 6, 2020 Paul Osborne (Australian Associated Press)... STAGE TWO INCOME TAX CUTS TAXABLE INCOME (TAX SAVING IN 2020/21) $40,000 ($1,060) $60,000 ($2,160) $80,000 ($2,160) $100,000 ($2,445) $120,000 ($2,745) $140,000 ($2,565) $160,000 ($2,565) $180,000 ($2,565) $200,000 ($2,565)

02.01.2022 Federal budget 2020/21 at a glance October 6, 2020 Paul Osborne (Australian Associated Press)... THE FEDERAL BUDGET AT A GLANCE KEY FORECASTS Budget deficit of $213.7 billion for 2020/21 (11 per cent of GDP) Economic growth to fall by 1.5 per cent Unemployment to average 7.25 per cent Inflation to average 1.75 per cent Wage growth of 1.25 per cent Net debt to rise to $703 billion TAX $17.8 billion in tax relief About 95 per cent of taxpayers to have 30 per cent or lower marginal rate in 2024/25 BUSINESS Businesses with a turnover up to $5 billion will be able to deduct the full cost of eligible depreciable assets of any value in the year they are installed. Loss carry-back will also be available to around one million companies Small and medium businesses can access up to 10 tax concessions HOUSING Extra 10,000 places under the First Home Loan Deposit Scheme to buy a new home or newly-built home $1 billion increase of the government guarantee to the National Housing Finance and Investment Corporation to support more affordable housing INFRASTRUCTURE Boost in infrastructure spending to $110 billion over the decade THE BUSH $328 million to help agricultural exporters and the recovery from drought, bushfires and COVID-19 $550 million regional package to support tourism, rural health workforce, manufacturing and technology YOUNG WORKERS JobMaker hiring credit of up to $200 a week to support around 450,000 people aged between 16 and 35 get into work $1 billion JobTrainer fund will support up to 340,700 free or low-fee training places WOMEN $240.4 million package to deliver job opportunities, support parents and increase participation in STEM industries HEALTH $4.9 billion in health measures to deal with the coronavirus pandemic, including support for hospitals, protective equipment and vaccines and treatments PENSIONERS $2.6 billion for two additional payments of $250 to pensioners and other eligible recipients ENVIRONMENT $249.6 million over four years to modernise recycling infrastructure, reduce waste and recycle more SUPERANNUATION Ability to keep your superannuation fund when you shift employers, effectively stapling the fund to the worker SECURITY Extra $201.5 million to deliver a cyber security strategy, with new investment in training and countering cyber criminals Source: Treasury

01.01.2022 Good morning, Last night's Federal Budget provided initiatives in superannuation, aged care, taxation, and a range of other areas. I have recorded a video this morning that provides a summary of the items that I think may be of interest and relevance to our clients. It is a little longer than usual so I apologise for that in advance. The last few minutes actually relate to computer and phone scams so if that's not something that interests you, you can skip that bit. I have also attached budget summaries prepared by two of the financial companies. The Challenger summary relates particularly to retired people whilst the Colonial summary tries to cover off all of the major issues raised in the Budget. I thought these may be of interest to those of you who want to know a little bit more. https://youtu.be/Bm91YV3g9cw

01.01.2022 Please find below a link to my latest video. It includes an update on share markets, notification of some government changes that may affect you, and a reminder that we are accredited to provide aged care advice if you are struggling with moving someone to care. https://m.youtube.com/watch?v=l33-zOq6PtA&feature=youtu.be