During the early stages of the pandemic the Australian Government created a program with the early release of Australian’s superannuation to help cope with the demands of the pandemic.
A redraw facility allows you to make extra repayments towards your home loan in addition to your minimum repayments.
When looking at mortgage interest rates today, our parents compare and boast a high 17% rate when they bought a house.
During COVID a lot of Australian’s took advantage of the low interest rates on home loans, fixing their rate for a period of time. With those fixed home loans now reaching the end of their term, we are being forced to meet the current high interest rates which are substantially increasing the price of home loan repayments.
A study has found that the number of retirees who still possess superannuation funds at the end of their life has been grossly overestimated.
We are happy to announce that due to the positive feedback following our presentation in February regarding Understanding Your DVA and CSC Entitlements During Transition, The Oasis Townsville have kindly invited us back to deliver this presentation once again.
The ATO recently created a comparison tool to help members understand how their superannuation fund is performing. You can access this tool by clicking here. As with any comparison tool, it does not take into account your personal circumstances, future goals or risk tolerance.
We would firstly like to thank The Oasis Townsville for hosting Evergreen’s presentation last night regarding DVA & CSC financial entitlements during transition and allowing us to present to a wider veteran and support network audience.
We’re pleased to announce that Roshan Pandalai and Yannick Fitzsimmons will be hosting a presentation at The Oasis Townsville (Hut 6) on Tuesday 28th February from 4:30pm – 5:30pm, to explain important details about DVA and CSC financial entitlements for transitioning veterans and their families.
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