Financial Planning Blog

In a move that’s been widely anticipated, the Reserve Bank of Australia (RBA) has announced an interest rate cut. As of today, the cash rate target has been reduced by 25 basis points, bringing it down to 4.1%. This decision is likely to have a significant impact on the Australian

Superannuation is a vital part of retirement planning in Australia. With so many options available, it can be overwhelming to navigate the superannuation landscape. In this article, we’ll break down the different types of superannuation funds, contribution strategies, and investment options to help you make informed decisions about your super.

Creating a budget can seem like a daunting task, especially if you’re not sure where to start. However, having a budget is essential for managing your finances effectively, achieving your financial goals, and reducing financial stress. In this article, we’ll take you through a step-by-step guide on how to create

Investing in the share market can seem daunting, especially for beginners. However, with the right knowledge and guidance, anyone can start building wealth through share market investing. In this article, we’ll take you through the basics of share market investing, helping you get started on your investment journey. What is

Reaching milestones in your 30s, 40s, and 50s can be an exciting time, filled with career advancements, family growth, and increased financial stability. However, it’s also a period when financial mistakes can have long-lasting consequences. In this article, we’ll explore some common financial mistakes to avoid during these critical decades.

As we begin a new year, we hope you’ve had a chance to relax, recharge, and refocus on your financial goals. The holiday break has come to an end for us, and we’re excited to be back in action, helping you navigate the ever-changing financial landscape. We trust that you’ve

As we approach the festive season, it’s essential to remember those in need. At BW Private Wealth, we’re passionate about supporting local initiatives that make a real difference in people’s lives. Recently, we had the privilege of donating long-life milk and cereal to Siena Catholic Primary School Lucas. This generous

As Halloween approaches, the age-old question echoes through the streets: “Treat or trick?” While the answer may seem simple for trick-or-treaters, it’s a daunting dilemma for those navigating financial decisions. In the world of personal finance, treats can bring long-term rewards, while tricks may lead to costly mistakes. The Treats:

A permanent disability will change what the rest of your life looks like. It can also make life much more expensive in terms of medical care and home modifications – which is why TPD cover is so valuable. When you’re looking at TPD cover, there are 3 key things you

There’s more than one way to protect yourself with life insurance. Here we explore the 4 main types of cover, how they can help and how much cover you may need. Life cover Pays a lump sum to your beneficiaries or estate in the event of your death or terminal

Your life insurance is flexible and can be adapted to your changing needs. Make sure you have a cover review with your adviser every 12-18 months to ensure you’re covered for just the right amount, paying the right amount, and getting the best value from your policy. Every 12-18 months,

As your life changes and your responsibilities expand, your life insurance should expand with it. And if you’re thinking that sounds like a lot of effort, think again. Most policies allow you to increase your cover without any medical checks or complicated forms when major life events occur, like having