News
On 1 November: the start of the new Aged Care Act and its sweeping fee reforms. The team at Phillips Wealth Partners takes you through the framework and fees.
Last weekend, I had the privilege of taking part in the 25th Hartley Cycle Challenge, an event that’s so much more than a ride—it’s a testament to resilience, teamwork, and community spirit.
The RBA’s stance suggests stability, not relief. With inflation lingering and rate cuts unlikely, proactive financial planning is essential.
The Better Targeted Superannuation Concessions Tax (BTSC Tax), commonly referred to as Division 296, is a new tax proposed by the Labor government. Updated details were released on 13 October 2025.
There’s no plans to look at anything other than the tax policies that we have on the agenda at the minute,” Mulino said, reaffirming the government’s focus on superannuation tax concessions.
Financial advisers play a crucial role in supporting the sandwich generation. From budgeting and cash flow management to estate planning and aged care navigation, advisers can help families make informed decisions
While headlines overseas focused on Prince Andrew being ousted from his royal residence, back home in Australia, a far more significant change quietly took effect on 1 November: the start of the new Aged Care Act and its sweeping fee reforms.
On 1 October 2025, the federal government officially launched its expanded First Home Buyer Guarantee scheme, allowing eligible Australians to purchase a property with just a 5 per cent deposit—without the burden of lenders’ mortgage insurance.
The document discusses the impact of climate change on home values and the prevalence of underinsurance among Australian households, highlighting the financial risks faced by homeowners and renters in the event of natural disasters.
At the Educational Seminar held in Ballina this September, financial adviser Craig Phillips of Phillips Wealth Partners delivered a compelling message: retirement is not the end of financial planning—it is the beginning of a new phase that demands clarity, adaptability, and strategic thinking.
Whether you're early in your career or approaching retirement, taking small, consistent steps to grow your super can lead to significant long-term benefits.
After a five-year freeze, the Australian Government has announced a 0.5% increase in deeming rates effective 20 September 2025. This marks the first adjustment since the rates were locked in during the COVID-19 pandemic, and signals a shift in policy as economic conditions evolve.