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Don’t panic! Here’s a plan to help keep your finances intact

There is no need for panic. Here’s how to put a clear, calm and conservative plan in place to get through the rest of the year with your finances relatively intact.

  • by Nicole Pedersen-McKinnon

Ask an expert

Is now a good time to pay down your HECS debt?

The HECS debt interest rate is indexed to inflation, so may rise to 5 per cent in the short-to-medium term.

Noel Whittaker
Noel Whittaker

Money columnist

How does the ATO treat a foreign property inheritance?

If you are an Australian resident for tax purposes, any capital gain on an inherited foreign property is treated as if it were an Australian property if you sell it.

George Cochrane

Is tapping super to pay down a mortgage a feasible option?

Over the long haul, the returns from a super fund should exceed the interest rate on a mortgage.

Noel Whittaker
Noel Whittaker

Money columnist

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