Following our Treasurer, Josh Frydenberg’s comments that they stood by their policy to remove the main residence exemption for Australian expats and other foreign residents, the retrospective Bill is back. While most of the proposed amendments are the same as was originally announced in the 2017-18 Federal Budget, the key change is that the deadline [...]
When it comes to Critical Illness coverage in Singapore, the average person only has approximately 20% of what they require accordingly to a recent study released by the Life Insurance Association (LIA). The study revealed that the average working individual in Singapore has just $59,776, while the LIA recommends that you need $316,603, a staggering [...]
Australian expats may not be out of the woods with the removal of the main residence exemption Bill just yet. It was hoped for that the previous Bill would have been scrapped to remove the exemption for Australian expats in the most recent Budget, however this was not the case. Further to this, Treasurer Frydenberg [...]
Welcome to my video series, where we explore the key personal finance topics for Australians at home and abroad. Today, we’re talking about life insurance and how much you should have in place as an Australian expat. The Importance of Life Insurance Unfortunately, it’s a very sad reality that most people will only [...]
Welcome to my video series, where we explore the key personal finance topics for Australians at home and abroad. Today, we’re exploring the simple and often ignored financial strategy of setting up your emergency fund. What is an emergency fund? Forget the get rich quick schemes, the 0 to 100 properties in 12 [...]
Today, I’d like to discuss what makes Singapore such an attractive destination for Australian expats. I may be a little biased having lived and worked here for nearly six years, and loving every moment of it, but if we look at the recent surveys Singapore consistently ranks in the top three expat destinations [...]
It has been the time many were waiting for – the Royal Commission report to be released to the public punishing the ‘big 4’ banks for the terrible behaviour and horrible acts they’ve been committing for years. You may recall some of the headlines – continuing to charge fees to deceased clients, inappropriate selling of [...]
“If a child, a spouse, a life partner, or a parent depends on you and your income, you need life insurance.” - Suze Orman It is a sad reality that for many, the true value of life insurance is only discovered when it’s too late, or when they’ve had a family member or friend go [...]
“Imitation is not just the sincerest form of flattery - it's the sincerest form of learning.” - George Bernard Shaw The smartest way to achieve any goals in life, whether they be financial or otherwise, is not to reinvent the wheel, but rather to identify those who’ve already achieved those goals and mimic their behaviours. [...]
“Success is where preparation meets opportunity” - Bobby Unser You’ve made the shift to Singapore from Australia, and you’ve now officially joined the ranks of being an Australian expat. You’re quickly making new friends on this little red dot, travelling around the region, experiencing new cultures and wondering why you didn’t make the move sooner, [...]
