The Insights published on our website have been written by our professional staff strictly for educational purposes.

In some cases, Insights may no longer be up to date, and care should be taken when reading the articles. The publication date of each Insight is included for reference.

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    What Is a Settlement Date?

    You’ve found your dream home; now you’re eagerly waiting for the big day—settlement day!  What is a settlement date?  It’s the agreed-upon day when you pay the property’s purchase price in full, ownership transfers, the seller hands over the keys, and your homeownership journey truly begins. How Is the Settlement Date Decided? During the contract…

    What Is a Reserve Price? A Buyer’s Guide

    When you’re gearing up for an auction, one number holds the power to seal the deal—the reserve price. What is a reserve price at auction? It’s the lowest amount a seller will accept for their property at auction. If bidding doesn’t hit this figure, the property won’t sell, and the seller can negotiate with interested…

    Reverse Mortgage Guide: Unlock Your Home’s Equity

    Did you know your home could do much more for you in retirement than just giving you a roof over your head?  With a reverse mortgage, you can tap into the equity in your home—the portion of its value you’ve paid off over the years—to fund your lifestyle, cover unexpected expenses, or enjoy greater financial…

    What is Mortgage Protection Insurance?

    You’ve just signed the papers for your dream home. You’re picturing family dinners in the kitchen, lazy Sundays in the backyard, and the joy of finally calling this space your own.  But then a nagging thought creeps in…what happens if life takes an unexpected turn—an illness, an accident, or worse? How would your family keep…

    Other Insights from Pherrus

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      Shred or Store? How Long You Need to Keep Tax Records in Australia

      You’ve just finished your tax return at tax time. The hard part is done. But then you look at the pile of receipts, invoices, and digital files you’ve gathered over the past year. Now you’re wondering: Do I have to keep all of this? It’s a common dilemma. Individuals, sole traders, and small business owners…

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      When Is the Last Day to Do a Tax Return? (It’s Not Always October 31st)

      Think October 31st is your tax deadline? Not always! If you lodge your own return, yes, October 31 is usually the cut-off. But if you go through a registered tax agent, you might have a much later deadline. When is the last day to do a tax return to avoid late penalties and stay on…

    • How-to-Save-on-Tax-in-Australia

      How to Save on Tax in Australia This Year: 7 Simple Ways

      Tax season is upon us! Are there legitimate ways you can save money on your tax bill this year?  There could be! Smart tax planning isn’t about finding loopholes; it’s about knowing how to make the most of the ATO rules that apply to you.  If you want to know how to save on tax…