What’s a comfortable retirement income in Australia, and how much super do Australians need to achieve it? It depends on who you ask. At a glance: Three factors determine the required savings amount: income, lifestyle, and life expectancy. The commonly cited $1.6 million figure is an attempt to address longevity considerations. The ASFA’s benchmark retirement income is known as the ASFA Retirement Standard. For some Australians, A$500,000 in super and

Australia is in the midst of a bushfire crisis that will affect local communities for years, if not permanently, due to a national crisis of not having enough things like commercial insurance. Already more than 1,500 homes have been destroyed – with months still to go in the bushfire season. Compare this to 2009, when Victoria’s “Black Saturday” fires claimed more than 2,000 homes in February, or 1983, when the

Accountants can help out at various stages during the growth of your business. They can handle much more than just your payroll and tax returns. So when should you consider hiring an accountant for your small business? Share Share Email Share Xero Xero Challenges for growing small businesses There are good reasons for hiring an accountant at different stages of your company’s growth. From a business plan to company formation,