Can you believe we’re already in the final month of winter? The weather’s starting to warm up and it’s a great time to do a quick financial reset. With tax cuts now in place and interest rates still holding, there’s a bit of breathing room for many Australians. In this month’s newsletter, we’ll take a look at the key updates in the economy, changes to super, and some important planning areas that are worth revisiting as we head into spring.

Interest rate watch

The Reserve Bank of Australia has held rates steady again, but many economists are tipping a potential rate cut next week if inflation continues to ease. Annual inflation is now the closest it’s been to the RBA’s target in over two years. This is good news for borrowers, but it also means now is the time to review your loan structure and interest rates to make sure you’re in a strong position when cuts eventually arrive. We’re still seeing solid growth in sectors like infrastructure, health, and tech, which may present opportunities for long term investors.

Estate planning and beneficiary updates

We’ve recently had several clients reach out with questions about how their super and personal assets would be passed on. The answer often depends on having the right nominations in place and a current estate plan. If you’ve had any major life changes recently such as a new relationship, children, or property, it’s worth checking who your nominated beneficiaries are and ensuring your will still reflects your wishes. Estate planning isn’t just for the wealthy, it’s about making things simple for the people you care about.

Check in on your insurance

We’ve also had a few conversations lately about personal insurance. Whether it’s life, income protection or trauma cover, your insurance needs can change over time. If your debt levels have reduced, your kids have grown up, or your income has changed, your policy might need adjusting. On the other hand, if you’ve recently taken on new financial responsibilities, you may be underinsured. It’s a good time to reassess your cover to make sure you’re protected without overpaying.

Cashflow and spending pressures

Despite some positive economic signs, we’re still hearing from clients that everyday costs are biting. Groceries, fuel, energy bills and rent remain high for many households. If you’re feeling the pressure, consider reviewing your budget and prioritising any surplus funds toward an emergency buffer. Small changes in spending can make a big difference over time. Remember, the goal isn’t perfection, it’s about being intentional with where your money goes.

Looking ahead

As we move closer to spring, the outlook is cautiously optimistic. Inflation is easing, investment markets remain relatively steady. That said, this is also a great time to review your strategy, double check your goals, and make sure your financial plan is still aligned with where you’re headed. We’re here to help if you’d like to sit down and run through it together.