Fitzroy Financial Advice 
For some people, the word frugal conjures up images of deprivation and penny-pinching. But being frugal isn’t about being tight-fisted. Instead, it’s about prioritising your spending, so you have the money to enjoy what’s important …
The spread of coronavirus has been followed by some of the biggest plunges in share markets since the Global Financial Crisis (GFC), both here in Australia and around the world. There’s nothing new about a …
As the Coronavirus continues to spread, many people are naturally fearful for their health, their livelihoods and those they care for. During times of great uncertainty, it’s natural to be anxious however it’s also important …
If the threat of a large-scale outbreak of an infectious disease isn’t enough to worry about, the financial implications of coronavirus is also making investors nervous. You may have read about how the shutdown of …
March 2020 What it means for individuals, retirees and the Australian economy Here we explain some of the benefits you may be eligible for. With the COVID-19 coronavirus crippling the Australian economy and affecting livelihoods, …
If you’re looking for inspiration this year, we’ve rounded up six podcasts to help you flip your thinking on your 2020 plans, whatever they look like for you. From money know-how to new skills to …
It is forecast that by 2020, the average Australian household will save a tiny 2.1% of their total disposable income – a drop of around 5.5% from 2014. Having money in the bank means you …
It may not be something you think about much. It may even make you uncomfortable to examine the way you manage money and think about whether you’d be able to cope if you suffer a …
With 2020 now in motion, many parents and carers are probably looking at how they’ll cover school fees for the year ahead, not to mention other costs, which might include things like uniforms, shoes, stationery, …
Investing on behalf of your children can help give them a financial leg up and introduce them to good financial practice at an early age. Here are some considerations to help you find an appropriate …
Impulse purchases and buyer’s remorse often go hand in hand. But if you take a week (or a month) to reflect on your spending, you could see a noticeable boost in the funds accumulating in …
Key points While reported new coronavirus cases in China have slowed, the pickup in cases outside China has led to a renewed sharp fall in share markets and bond yields. Our base case is that …
In Australia, special capital gains tax rules apply when dealing with assets of a deceased estate. The most common types of assets inherited by a beneficiary that could be subject to a capital gain are …
In the wake of recent ferocious bushfires, the climate change debate has climbed the news agenda, with many Australians now considering what they can do to help. If you’d like your money to make a …
To help pay for the public health system which we call Medicare, you’re required to pay a 2 percent Medicare levy as part of your income tax. While the low-income tax offset can reduce your …
Everyone who’s approaching retirement wants to know how much money they need to save – how much is enough to leave work confidently and then live comfortably? Lately, we’ve been seeing $1 million dollars bandied …
Super law sets out some requirements that trustees of regulated super funds need to consider when formulating an investment strategy. These requirements include (but not limited to) the composition of investments, risk and return, liquidity, …
When considering the financial position they’ve achieved in retirement, many Australian retirees share the same opinion: “I wish I’d saved more.” For some people, keeping up with day-to-day living expenses and staying on top of …
Australia Headline inflation rose slightly more than expected in the December quarter. Prices rose 0.7% over the three-month period, the fastest quarterly increase in three years. This took the annual inflation rate to 1.8%. The …
The Coronavirus is slowly jumping international borders after its initial spread in China, and markets have not been immune to its impact. Coronaviruses are a large family of viruses which have long been known to …
In Australia, people are living longer and interest rates are lower than ever. While the first is good news, the second carries risks if you’re looking for an adequate income to see you through retirement. …
There are a number of ways you can contribute more to your super, to take advantage of time and the magic of compound interest. These include salary sacrificing, and a range of tax-deductible, spouse and …
Call it a sign of the times but, if you’re not living in a multigenerational household yourself, chances are you know someone who is. A recent study found that adult children who return to the …
What is the ASX? ASX stands for Australian Securities Exchange (not stock exchange like many people think). How does it work? The ASX provides a market for people to buy and sell shares in the …
Australia’s bushfire crisis has so far claimed 28 lives, killed an estimated billion animals, destroyed more than 2000 homes and burnt through more than ten million hectares of land. If you live or operate your …
Key points: The bushfires are expected to result in around a 0.4% hit to GDP mainly in the March quarter followed by a rebuilding boost. The hit to consumer spending and tourism is likely to …
For decades real estate not only delivered security and comfort to bring up Australian families but also a cast-iron vehicle for wealth building, seemingly immune from the ups and downs experienced by other types of …
Tiny homes are seeing rising popularity among Millennials, many of whom are facing unaffordable housing prices and gig-economy jobs with unpredictable income. It’s no surprise they’re looking for innovative ways to set up a house. …
It’s the getaway you take when a getaway’s out of the question – the staycation. Whether it’s venturing out locally and returning each evening, or taking a few nights to explore places within driving distance …
As retirement comes into view, it’s time to imagine a new you for the post-work age. You remember your first day at school, your first job, your first home. And now your final pay check …