Category: general-advice-and-information

Income stream refers to the various sources of money that an individual or a business receives on a regular basis. It is the lifeblood of financial stability and success, providing the means to cover expenses, save for the future, and invest in growth opportunities. Understanding the concept of income streams is crucial for anyone looking…

MySuper is a revolutionary new app that is changing the way people manage their finances. With its user-friendly interface and powerful features, MySuper is helping individuals take control of their money like never before. In this article, we will explore the key benefits of using MySuper and how it can help you achieve your financial…

Recruitment Terminology can often be confusing for both job seekers and employers. Understanding the terminology used in the recruitment process is essential for effective communication and successful hiring. Whether you are a seasoned HR professional or a recent graduate looking for your first job, familiarizing yourself with recruitment terminology can help you navigate the job…

Merging Super is a concept that involves combining multiple superannuation accounts into one, streamlining and consolidating your retirement savings. Many people end up with multiple super accounts over the years due to changing jobs or simply neglecting to actively manage their superannuation. However, having multiple accounts can lead to unnecessary fees and reduced returns. In…

Combining two super accounts can be a smart move for individuals looking to simplify their retirement savings and potentially reduce fees. Super accounts are essentially retirement savings accounts in Australia, where employers are required to contribute a percentage of an employee’s salary. Over time, individuals may end up with multiple super accounts from different jobs,…

Listed Investment Companies (LICs) are a popular investment vehicle among investors looking to gain exposure to a diversified portfolio of assets. LICs are closed-ended investment funds that are listed on a stock exchange, allowing investors to buy and sell shares in the company just like any other publicly traded company. How do LICs Work? LICs…

Having multiple super accounts is a common scenario for many people, especially those who have changed jobs several times throughout their career. However, the question of whether you can have two super accounts is one that often arises. In this article, we will explore the answer to this question and delve into the implications of…

Starting a new job can be an exciting and nerve-wracking experience. As an employer, hiring a new employee also comes with its own set of challenges. Unfortunately, not every new hire works out as expected. When a new employee is not working out, it can be a difficult situation to navigate for both the employer…

Leaving Australia can be an exciting adventure, whether it’s for a short-term relocation or a permanent move. However, when it comes to your superannuation, it’s important to understand what happens to your retirement savings if you leave the country. In this article, we will explore the implications of leaving Australia on your superannuation and what…

Recruitment is a crucial aspect of any organization’s success. Finding the right talent to fill positions within a company can make all the difference in achieving business goals and maintaining a positive work environment. With the rise of technology and the increasing competitiveness in the job market, recruitment has become more challenging than ever. This…