12Mar

Household finances: Personal financial statements

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Assessing past financial performance, and predicting future performance is an important consideration for those wishing to run a successful, long-term business. With this in mind, key questions for business owners [and, managers, investors and other interest groups (e.g. creditors)] can be as follows: 1. How well did the business perform for a given period? 2. […]

12Mar

Spotlight on investment risk profiles

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Many of the financial decisions that you make regarding your personal finances involve a certain level of risk. Importantly, the level of risk that you are comfortable with can be different from the next person. Given this, when it comes to investing inside and/or outside of superannuation, whether over the short, medium or long-term, one […]

12Mar

Personal insurances: Insurance premium variables

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In our animation, ‘Personal insurances: Managing risk’, we briefly discuss the risk probability/impact matrix, which is a framework to assess whether a risk requires action or not from a risk management perspective. Importantly, in cases where a risk has been assessed as requiring action (e.g. assigned a medium to high risk probability/impact grading), the following below […]