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Happy New Year and welcome to our first edition for 2021! We hope you had an enjoyable break over the holiday season.

If you’re thinking about buying an investment property, is an interstate property something you’ve considered? Very few of us do but there are some things to keep in mind before you make that decision.

With interest rates at an all-time low, we’re currently earning little or no interest from our savings accounts and term deposits. We provide a couple of alternative investment options for you.

For the majority of us, our superannuation is a long-term investment, and our balances tend to fluctuate over time – explore why in this article.

Retirement could be imminent or decades away. Here are some tools and strategies you can use to work out what your retirement will look like and how much money you might need to enjoy it.

Finally, here’s a few delicious summer recipes to try on the BBQ.

We love to hear from you, so please feel free to contact us with any questions about our articles in this newsletter on 03 5143 3450 or email admin@promm.com.au.


Kind regards,

Jodie & the Team at Professional Money Management

Investing interstate

When people think of buying an investment property, many only think locally. Investing in a property interstate could possibly be a smarter idea, potentially resulting in a better return on your investment. it may also be a potential way to snaffle a bargain.

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Low interest: Australia's $1 trillion cash pool

The Reserve Bank's decision this month to cut the official interest rate to a record low 0.1 per cent was another wake-up call for Australians heavily reliant on income from savings, especially many retirees.

Read full article >>

Why super balances fluctuate

Should you worry if your super balance is fluctuating? Or is it a sign that you’ve got the right long-term, growth-oriented approach to your super.

Read full article >>

How much do you need to retire

You’ve spent decades working, so you don’t want to spend your retirement years scrimping for cash.

How can you make sure that doesn’t happen?

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Sizzling summer BBQ recipes

Summer and BBQs make an irresistible combo.

And for cooking inspo beyond ordinary, check out these delicious dishes courtesy of our friends at Weber.

Read full article >>