Happy hump day and of course, happy day three of financial planning week! The theme today is about super and investments, so here are 10 Q&A’s about superannuation. Be warned, some of the facts in this article might just surprise you! Read here ↘↘ https://www.ambleside.net.au/10-super-simple-qas

It's day two of financial planning week and today, we are talking about savings! We know everyone saves money differently. Some set aside a percentage of their pay regularly, others use lump sums from bonuses or tax refunds. Read our savings tips in the article below ↘️↘️ https://www.ambleside.net.au/the-secrets-of-a-successful-saver

Happy Financial Planning week! Keep an eye out on our Facebook and Instagram stories this week, as we will share information on the different types of financial advice areas we can help you with. First and foremost, if you have no idea who we are, feel free to stalk us on our website, link is in our bio. 🙌🙂

Let's talk ambulance cover! 🚑🚑🚑 Ambulance cover protects you and your loved ones from being hit with a hefty fee if you do require emergency medical assistance. An ambulance call-out fee for a regional and rural emergency road ambulance service in Victoria costs $1,776. Unfortunately, there are misconceptions about ambulance cover, one being that it is covered by Medicare, another being that the Victorian state government covers the cost. In addition, if you have private health cover, a lot of people assume you'll receive full ambulance cover including air transport. However this may not necessarily be true, so it's best to read the policies terms and conditions. Ambulance cover isn't overly expensive and you get the added benefit of getting the piece of mind knowing that you and your family are financially protected if you need to use the service. For more information, head to the ambulance Victoria website on https://www.ambulance.vic.gov.au.

Financial Counsellor Shane, visited the team today to discuss how the Rural Financial Counselling Service can help our local community. If you or a loved one is in a farming business and are experiencing challenging financial times, reach out to the Rural Financial Counselling Service. Shane explained how this free service helps to identify and plan a course of action to help farmers and small business owners, build a brighter financial future. For more information, either give us a call at the office on 5561 5180 or visit their website on www.wswrcs.com.au.

Today we celebrated another one of our clients transition into retirement. It’s days like today that makes us proud to work alongside our amazing clients and witness them achieving their goals! 🍾🙌😊

Are you (or a loved one), comfortable with the full process of moving into an Aged Care facility? Have you considered the areas that need to be covered? This will include organising all of the relevant documentation that must be supplied to an Aged Care facility, or the countless calls & queue up times at Centrelink to help confirm any fee & pension support. Even when these things are completed, continuous updates are required on your position (or the aged care recipient) to ensure that accurate financial information is always on file with both Centrelink and the facility. Sadly, these are not the only factors in need of consideration when moving into Aged Care. If you are confident and have the time to handle this process yourself, that is fantastic. However, if you are finding the process to be a bit overwhelming, chat to one of our advisers here at Ambleside. Caitlin, James, or Tom will take care of all the background work for you so that you can concentrate on looking after yourself or your loved ones, as this transition period into the next chapter of life begins.

Just another call out to everyone who is interested in donating blood, please jump onto the Australian Red Cross Blood Service website http://www.donateblood.com.au/ or the Red Cross Facebook page Australian Red Cross Blood Service The Ambleside Team would like to thank all the staff at the blood bank who do a fantastic job ensuring everyone feels relaxed and calm during the process. #bloodservices #donateblood #redcross

You may have heard the latest announcement from the Morrison government regarding their decision to cut deeming rates. These changes are set to increase the amount of aged pension many people receive. For those who are unsure, deeming is a set of rules used to work out the income earned from your financial assets. Centrelink adds this amount to your other income and applies the income test to work out your payment rate. It is important to note this will only benefit people who are assessed using the income test. The payment changes will start from the end of September but will be backdated to July 1st. For more information contact our office on 03 5561 5180 or visit https://ministers.dss.gov.au/media-releases/5006

The Government’s $159 billion tax package has passed the Senate last night. What does the mean for you for this year? Check out the tax cut summary below: If you earn… • Under $37,000 – you will get $255 back. • Between $37,000 and $48,000 – $255 back plus 7.5% of what is over $37,000 (so that’s between $255 and $1,080). • Between $48,000 and $90,000 – $1,080 back, flat. No calculations needed. • Between $90,000 and $126,000 – $1,080 back but minus 3% of what is over $90,000 (so between $1,080 and $0). Over $126,000 – zero. Combined with the recent interest rate cuts the government hopes these changes will provide a much needed boost to the economy. 👍

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