THE ADVISER MONTHLY

VOLUME II. ISSUE 11. NOVEMBER 2022.

Stagflation, Housing Values, Superannuation, Parental Leave, and Cryptocurrency Regulation:

What You Need to Know

This time of the year marks the start of the holiday season with the Melbourne cup kicking off the fun! 

The holiday season is traditionally a time of heightened spending and consumerism. Not to spoil the excitement, but while you enjoy buying those presents, it is also a good time to remember all the work you have put in this year to stick to your budget and hit those longer-term savings goals 

There are also a few items to be across before the end of 2022 to ensure you end the year financially well. 

There are many things to consider when it comes to your finances and future. It’s important to understand the concepts of stagflation, inflation, and deflation so that you can make good decisions about investments, such as your home loan. 

Keep up with Sydney’s housing market updates so that you know when the best time to buy or sell a property. Staying informed on the current state of Sydney’s housing market is crucial for making smart buying and selling decisions. 

As Australians continue to live longer and face an uncertain economic future, it is crucial to ensure that our superannuation funds are being managed effectively. This includes ensuring transparency and scrutiny in the operation of these funds. 

The new government has announced it will be introducing a framework to the relatively unregulated cryptocurrency sector in 2023 which could see some significant changes to the crypto climate in Australia. 

Another introduction from the new government is the boost to paid parental leave in 2026. Hear more about the policy below. 

Lastly, stay on top of current financial affairs and news so that you are in the know. By being an informed consumer, you can make the best choices for yourself and your family. 

The team at Make Work Optional hopes you enjoy spending time with your family, friends, and colleagues over the upcoming festive season. 

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STAGFLATION, INFLATION, AND DEFLATION

What’s the fuss? The economy has been growing steadily for years, but that could change soon. We’re in danger of entering “stagflation” where high unemployment and low economic growth go hand-in-hand with prices rising at an accelerated rate due to decreased production – it feels like we’ve already started this transition! The good news is there are steps you can take now so as not to get caught off guard when inflation strikes!

HOME LOAN: HOW HOME LOAN WORKS?

More than half of Australians believe that home energy efficiency ratings are significant and a deciding factor when looking or buying a property. Good news? There’s plenty you can do about all these rising costs by making some simple changes in the design of house or choices of equipment layout which will not only reduce how much electricity that goes into your heating water but also produce fewer greenhouse gases and lessen the effects in our environment as well. 

SYDNEY HOUSING VALUES UPDATE 

Sydney’s housing market is in the midst of a sharp correction, with values falling at their fastest pace since the global financial crisis. The declines are being driven by tighter credit conditions, falling affordability, and increased economic uncertainty. While some regions have fared better than others, all areas of Sydney have now recorded falls in property values. The outlook for the market remains uncertain, but if recent trends continue we could see prices fall by up to 15% from their peak levels. 

8 INDICATORS: ARE YOU RETIREMENT READY? 

Retirement is a big decision and not one to be taken lightly. Making the decision to retire is a big one, If you’re not sure if you’re quite ready yet, that’s okay – many people feel the same way. If you’re unsure if you’re ready, take a close look at your finances and lifestyle to see if you meet any of these eight indicators can help five you a better idea of whether you’re on track for retirement – or if you need to make some changes first. Have you checked any of these off your list?

BLOCKCHAIN & CRYPTOCURRENCY REGULATION IN 2023

A new era is coming for blockchain and crypto currency regulation in Australia next year as the new Government announced that it is ready to commence consultation with stakeholders on a regulatory framework for the crypto sector and the first step will be Treasury prioritising a token mapping exercise in 2022 to better inform regulation. What will this mean for your current portfolio?

BOOST PARENTAL LEAVE BY 2026 

The new policy is a huge step in the right direction for parents across the country who have been struggling to balance work and child-rearing. The paid leave will go a long way in helping families financially while also providing some peace of mind during what can be a chaotic time. What do you think of the government’s new parental leave policy? Will it make a difference for your and your family?

Thought to live by.

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Successful investing takes time, discipline, and patience. No matter how great the talent or effort, some things just take time. 

WARREN BUFFETT, INVESTOR AND PHILANTROPHIST

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