First Financial Blog

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The Federal Budget 2023

Posted on May 18, 2023 by First Financial

Treasurer Jim Chalmers presented the Federal Budget 2023 on Tuesday May 9. Here is a summary of what we saw and what we wanted to see in the budget.

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Should I repay my child’s HECS if I’m able?

Posted on May 17, 2023 by First Financial

With HECS indexation expected to peak at 7% this year, you might be wondering if you should repay your child’s debt for them- if you’re able to do so.

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Do retirees pay capital gains tax in Australia?

Posted on May 17, 2023 by First Financial

When it comes to retirees and capital gains tax, there’s a lot to consider. But don’t let concerns about capital gains tax spoil the serenity of your golden years.

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Breaking the glass ceiling: why women in finance are on the rise

Posted on April 20, 2023 by First Financial

In an industry traditionally dominated by men, women are now on the rise. We’re seeing more women in finance, and First Financial is a proud supporter of growing the careers of young mums and other women.

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Caravanning in Australia after retirement – the best spots, dos and don’ts

Posted on April 20, 2023 by First Financial

Up for an adventure post-retirement? It’s time to hit the road. If caravanning in Australia after retirement sounds like a great way to wind down after a long and demanding career, then read on.

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How do the collapsed US banks affect investors in Australia?

Posted on April 19, 2023 by First Financial

The recent spectacular collapse of three major US banks has caused concern for investors globally, including here in Australia. While it is natural to be cautious during such events, the potential impact on Australian investors may not be as significant as some fear.

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Defined benefit versus accumulation superannuation – What you should know

Posted on March 28, 2023 by First Financial

While defined benefit funds are no longer open to new members, some Aussies who are nearing retirement are members of those funds – and here we explain the difference between defined benefit plans and accumulation super funds.

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Higher interest rates: selling assets to cover your costs

Posted on March 14, 2023 by First Financial

Rising interest rates continue to be a massive concern for many Australians. This is not just for homeowners, but everyone affected by the resultant increase in cost of living.

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Paying off your mortgage faster

Posted on February 27, 2023 by First Financial

Successful property investment advice can yield significant returns. However, cost of living increases and rising interest rates necessitate a more focused approach when you’re trying to pay off your mortgage faster.

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The superannuation downsizing limit has changed: what you should know

Posted on February 27, 2023 by First Financial

The change in superannuation downsizing limit is a key driver in helping older Aussies to boost their income in retirement. Here’s how the lower age limit can benefit your retirement.

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