If your personal information falls into the wrong hands, it can be used to steal your identity.
If you think your identity has been stolen, report it to your local police and your bank, and change your passwords.
From 1 July 2022 a number of changes will occur to superannuation, many of which were announced back in the May 2021 Federal Budget.
Key takeaways
It’s important to remember that interest rate increases are gradual, and while uncomfortable now, they will help to control rising inflation
Interest rate rises can affect your super balance depending on how your retirement savings are being invested
When reviewing your finances, consider building a buffer for further rate increases that might affect your mortgage repayments and speak to a financial adviser.