Should Jennifer and Toby continue to build savings in a mortgage offset account or invest in a portfolio of listed shares, ETFs and bonds? And what is the outlook for their two Perth properties?
Tax cuts, policies to help older Australians and new protections on super accounts - there's likely going to be more money heading to your back pocket.
"I decided what I really wanted my life to look like in five years. I wanted to own a house and a car and to have won awards for my craftwork," says Joanna Jones.
From July 2017, concessional super contributions were capped at $25,000 per year. The good news is, from next year you can catch up on unused contributions.
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