At PHB Financial Planning we believe in helping our clients live a lifestyle of choice.
03/12/2024
Mandatory cybersecurity standards under new laws Smart devices will be subject to cybersecurity standards and some businesses will have mandatory reporting requirements for ransom payments under new laws. The Albanese government’s legislative package passed federal parliament on Monday, and has given Australia its first standalone Cyber Security...
03/12/2024
The benefits of financial planning and personalised strategies Financial planning is a cornerstone of financial health, helping individuals and businesses navigate the complexities of managing wealth, preparing for the future, and achieving their unique goals. Whether your aspirations are personal, such as buying a home, saving for retirement, or starting a fam...
22/04/2024
Super access won’t lower hurdles for young home hunters Many young Australians living in the capital cities will not be able to pay for a house deposit, even if they drained their entire retirement savings, a report has found. Rates of home ownership are declining for young Australians as prices climb and supply struggles to keep pace with demand. In 200...
06/09/2023
The importance of personalised advice in navigating ambiguous information In an era saturated with information, the need for personalised advice tailored to an individual’s unique financial situation is paramount. Whether it’s in the business world, investment markets, or personal finance, we are bombarded with advice and information that might appear to be suitable b...
05/06/2023
What to do when a loved one passes away Handling the death of someone you love can be one of the most challenging experiences in life. When a loved one passes away, complex emotions rise to the surface, depending on the quality of your relationship with the one who died. You may need to adjust to major changes in your life and confront th...
05/06/2023
Struggling to make mortgage repayments? Here are some steps you can take Owning a home is a significant milestone. However, the financial responsibility of mortgage repayments can be daunting for some homeowners. In times of financial difficulty, it’s essential to find ways to manage your mortgage and avoid defaulting on your loan. Here are some practical tips you can ...
06/12/2022
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Most common financial mistakes The 5 Most Common Financial Mistakes It’s easy to make mistakes with money, especially if you’re unaware of how dire the consequences of your actions could be. Here, we'll look at some of the most common financial mistakes people commit that frequently result in severe financial difficulties. Ev...
02/08/2022
4 Reasons to Hire a Bookkeeper Did you ever hire a bookkeeper to help you keep track of your expenses and tax obligations? If not, find out why now may be the best time to do so. 4 Reasons to Hire a Bookkeeper Bookkeeping is an essential component of any organisation. To focus on other tasks, such as marketing, attending clien...
02/08/2022
Help on way after funeral insurer collapse People who held policies with collapsed insurer Youpla as of April 1, 2020, will receive payouts for funeral expenses. The federal government announced on Monday that as many as 500 people impacted by the collapse will get access to payments in line with the cover eligible policy holders took out in...
02/08/2022
Superannuation Benefits – When and How to Access Them Did you know you need to meet certain criteria to be able to access your superannuation benefits? Read on to learn all about the conditions of release. Superannuation Benefits – When and How to Access Them Superannuation in Australia is designed to supplement the retirement income of fund account ...
10/06/2022
ACCC sues Mastercard over retailer deals Australia’s consumer watchdog is suing Mastercard over alleged anti-competitive conduct in deals with large retailers. The ACCC has instituted Federal Court proceedings, accusing Mastercard of substantially lessening competition in debit card acceptance services. The alleged anti-competitive condu...
10/06/2022
Claiming deductions for personal super contributions You can’t claim a deduction for superannuation contributions paid by your employer directly to your super fund from your before-tax income such as: the compulsory super guarantee Salary sacrificing super amounts Reportable employer super contributions. You may be able to claim a tax deduction for ...