Expanding eligibility to downsizer measures: Legislation has been introduced to reduce the downsizer eligibility age from 60 to 55. This measure will take effect from the first quarter after passing into law, which is expected to be 1 January 2023.
Not all financial goals are achievable or can be done in the timeframe you have set for yourself. Don’t trip yourself up before you start by being over ambitious or impractical.
It’s not just your circumstances that influence financial wellbeing. There are two significant money behaviours identified by the ANZ report as being key to better financial wellbeing and it’s all about sticking to a budget: