Linked Financial Services

⛳ Proud Sponsor of the 2025 Gold Coast Fundraising Golf Day ⛳

Linked Financial Services was proud to sponsor the 2025 Gold Coast Fundraising Golf Day at RACV Royal Pines Resort. It was a fantastic day of golf, connection, and community spirit — all to help raise funds for six remarkable organisations doing important work across the Gold Coast:

Gold Coast Community Fund Inc Perry Cross Spinal Research Foundation Men of Business, Animal Welfare League Queensland, Guide Dogs Queensland and the Gold Coast Hospital Foundation.

We’re proud to have contributed to an event that brings people together while helping to make a positive impact on health, education, animal welfare, and community support. A big thank you to the organisers, players, donors, and fellow sponsors who made the day such a success.

🌟 Proud Sponsor of the 2025 The Gold Coast Fundraising Ball 🌟

Linked Financial Services was honoured to support the 24th Annual Gold Coast Fundraising Ball at RACV Royal Pines Resort. It was a fantastic evening that brought together community members, businesses, and supporters, all united by a shared commitment to making a difference.

The event raised much-needed funds for six incredible organisations:
Gold Coast CommunityFund Inc , Perry Cross Spinal Research Foundation, Men of Business, Animal Welfare League QueenslandQld, Guide Dogs Queensland and the Gold Coast Hospital Foundation.

We’re proud to support these diverse initiatives that strengthen our community’s health, education, and well-being. A heartfelt thank you to the organisers, volunteers, fellow sponsors, and everyone who donated so generously to help make the night such a success. We look forward to continuing to support initiatives that create positive change across our community.

Proud sponsor of The Gold Coast Fundraising Ball

RBA Raises Cash Rate to 4.1%

In a move that comes as no surprise, the Reserve Bank of Australia (RBA) has announced a further increase in the cash rate, bringing it to 4.1%. This marks the highest level since April 2012 and reflects the RBA's efforts to tackle rising inflation. This decision will undoubtedly impact borrowers already grappling with the strain of increasing cost-of-living pressures and rising interest rates.

How does this Impact on Borrowers and Mortgage Holders?

With the cash rate increase, borrowers can expect their lenders to pass on the hike, which will add to the financial burden faced by many individuals and families. The cost of borrowing is set to rise, making it imperative for borrowers to assess their financial situations and consider proactive measures.

Do you need to Review Your Mortgages?

If you have been with the same lender for a significant period or have been waiting on the sidelines to gauge the direction of interest rates, now is an opportune time to review your mortgage. As lenders adjust their rates in response to the RBA's decision, exploring options and potentially refinancing can help mitigate the impact of higher borrowing costs.

Seeking Competitive Rates

As the cash rate rises, competition among lenders intensifies. This scenario presents an opportunity for borrowers to compare offers from different financial institutions and negotiate more favourable terms. Conducting thorough research and seeking advice from mortgage brokers can empower borrowers to find the best deals in the market.

Considerations for the Future

While the current rate increase may cause concern, it is essential to remain informed and proactive about managing your financial affairs. Keep an eye on future RBA announcements and economic indicators to anticipate potential changes in interest rates. Additionally, consider exploring alternative financial strategies such as budgeting, debt consolidation, or seeking professional financial advice to navigate through these challenging times.

Act promptly to seize the opportunity before it's too late, as a growing number of lenders are discontinuing cash back offers for refinancing.

To talk through your options, get in touch today.

Disclaimer: The information provided is for general informational purposes only and should not be considered as financial or professional advice. Seek guidance from a qualified financial advisor or mortgage broker for personalized recommendations based on your specific circumstances.

Being Self-employed is not an excuse to ignore superannuation, Hollie's story is not unique! So many small business owners do not consider the benefits of building their super account.

If you own A small business please reach out to us to discuss these benefits, we would love to talk with you about them!

The Aussies $115,000 worse off in retirement It's not just women retiring with significantly smaller super balances: self-employed Australians face difficult retirements too.

Have you thought about your retirement?

How much are you saving? how much are you spending?

This video by CNBC breaks down how much you need to invest to reach a million dollars, to give you an idea of where to start.
If you would like any assistance with planning for retirement please feel free to contact us by phone or email.

How to retire with $1 million, $2 million or $3 million in savings Retiring with millions of dollars in your savings may sound impossible, but it can be done if you get serious about investing your money. How much you'll need to save every month varies greatly depending on your age. Whether you're 20 or 50, here's how to do it.

Have you read how the new budget will help you? The budget has provided some attractive incentives for small businesses.

Some of the highlights include:
• The new “JobMaker” hiring credit of $200 per week for hiring someone age 16-29 for 20 hours per week or $100 per week for someone age 30-35. Worth $4 billion dollars.
• A new immediate deduction allowance for a business’s capital assets
• Complete fringe benefits tax exemption for employers to retrain staff.
• New carry back tax-offset to allow companies to carry losses against previous year’s profits

We would like to here your thoughts on the 2020 budget!
Feel free to leave a comment or reach out to us by phone.

Budget.gov.au | 2020-21 Budget

Choosing the right investment can be difficult, we found this article from Warren Buffet interesting.

If you would like to have a chat with us feel free to reach out to us 😊

Warren Buffett thinks index funds are the best way for everyday investors to grow their money — here's how you can start You don't have to be a stock-picking genius to grow your money in the markets. Warren Buffett suggests most people stick to low-cost index funds.