When you compare your current lifestyle, expenses and savings with what you’re planning for in retirement, does it all add up? Find out why it’s important to balance your cash flow now with the super savings you’re going to need in retirement.
There are over 29 million pets in Australia with approximately 61% of households owning one of these 29 million pets. Of that 61%, most are dog owners at 40%, followed by cat owners at 27%. In 2019, over 60% of dog and cat owners considered their pet as a member of their family[1] – which means we want to treat them well and keep them in good health for a long and happy life, but at what cost?
In this article we take a look at the benefits of pets and the costs involved with keeping them – which should be considered in your household budget!
Changes to super, the bringing forward of tax cuts, and two lump sum
payments to those on the Age Pension are just some of the Government’s
proposed measures from the big spending 2020-21 Budget – released by
Treasurer Josh Frydenberg on Tuesday 6 October 2020.
There’s no doubt that this year’s Budget holds particular importance in light of the
events of 2020. And whilst the main focus of the proposed measures are towards
creating more jobs to stimulate the economy after a record deficit, there’s plenty in
the Budget for anyone who’s retired (or planning retirement) to consider too. We’ve
put together this report to make sure you don’t miss any of the essential information.
It’s worth noting that these proposed measures aren’t law yet – and could change.