240515 Budget

Federal Budget 2024-25 Analysis

What does the Federal Budget mean for me? Treasurer Jim Chalmers has high hopes that his 2024 Federal Budget will rein in inflation earlier than expected, ease cost-of-living pressures and build a stronger economy in the future. It’s a Budget for the here and now, he says, but also for the decades to come. More…

Read More
240314 Channel 7 Michelle Email

LifePath Financial Planning On Channel 7 News

We were thrilled to have Channel 7 come into our office to interview our client Michelle regarding the importance of receiving age care advice from her experience. You may be aware the Government released the final report from the Aged Care Taskforce, which contained 23 recommendations to reform the fees and funding across home care…

Read More
Website Evidence Based Ways To Hold Back The Hands Of Time

Evidence-based ways to hold back the hands of time

You can’t stop the clock, so the saying goes, but humanity has spent a long time trying to slow down or even reverse the effects of aging. Even today it can be hard to distinguish those measures that work from those that may not work and avoid those that may be downright dangerous! Fortunately, science-…

Read More
Website Insurance Is A Sound Investment

Insurance is a sound investment

Managing risk is an essential part of investment strategy to reduce the potential for losses. Risk is not just associated with investing though – life can throw a curve ball or two and insurance is one way to manage risk in a broader context. It’s a matter of weighing up your risks and thinking about…

Read More
Website Understanding The New $3m Super Tax

Understanding the new $3m super tax

The much-debated tax on superannuation balances over $3 million is inching closer and those who may be affected should ensure they have considered the implications. Although it is not yet law, the Division 296 tax should be taken into account when it comes to investment strategy and planning, particularly in relation to any end-of-financial-year contributions…

Read More
240227 Lpfp Article 1

LifePath recognised in Financial Planning magazine

Professional Planner article written by Chris Dastoor, February 5, 2024 | 4.11pmi Years before the Professional Year was brought into being, LifePath Financial Planning had set up its own apprenticeship pathway to gain new talent. Lifepath [co-founder] and senior financial adviser Brad Monk tells Professional Planner the practice implemented this system to train new advisers and “take…

Read More
Powering Down For A Relaxing Holiday

Powering down for a relaxing holiday

It’s nice to enjoy a break over the summer months. In fact, it’s an Aussie tradition – that mass exodus after Boxing Day that sees us head off for some well-earned rest and relaxation. However, it can be hard to unwind when we have a device in our pocket buzzing away every couple of minutes….

Read More
Financial Wellbeing Is A Gift Worth Giving Yourself

Financial wellbeing is a gift worth giving yourself

The festive season is a time of joy and celebration but, for some, it can also lead to a financial hangover in the New Year. Overspending on gifts, parties, and decorations can quickly add-up, leaving us with unwanted debt in the New Year. In 2022, Australians spent more than $66.7 billion during the pre-Christmas sales…

Read More
How To Give Back

How to give back

Australia is a giving country, but we often give in kind rather than financially. Whenever there is a disaster here or overseas, Australians rush to donate their time, household goods and cash. However, we still lag New Zealand, the US, Canada and the United Kingdom when it comes to giving money. According to Philanthropy Australia,…

Read More
Destinations To Fire Up Your Passions

Destinations to fire up your passions

The world is an amazing place, with so much to see and do. In fact, sometimes it can feel as though there is so much to experience it can be quite a challenge selecting a destination, but if you follow your heart and explore your passions when planning a trip you can’t go wrong. Considering…

Read More
How The Aussie Dollar Moves Your Investments

How the Aussie dollar moves your investments

It has been a wild ride for the Australian dollar since the Covid-19 pandemic struck and that could mean good news or bad news for your investment portfolio. In March 2020 the Aussie dipped below US58 cents for the first time in a decade. Since then, a high of just over US77 cents in 2021…

Read More
Should I Buy Insurance Through My Super

Should I buy insurance through my super?

While we all hope for good health, the reality is that some of us may struggle at times with sickness or injury. And that may affect your family’s financial wellbeing. Different types of life insurance or personal insurance can provide an income when you’re unable earn, or a lump sum to protect your loved ones…

Read More