Decoding the Australian Housing Market: A Guide for Beginners | The Ultimate Superannuation EOFY Checklist 2024 | The Art of Happiness - Economics and the "Hedonic Treadmill"

This issue of Wealth Adviser includes:

Decoding the Australian housing market: A guide for beginners. The complexities of the Australian housing market are decoded in this beginner’s guide. Key factors such as interest rates, supply and demand, and government policies are discussed. It delves into the various intricacies of the market, including factors such as pricing trends, property types, and location considerations. You will gain insights on navigating the housing market and making informed decisions when buying or investing in real estate.
The ultimate superannuation EOFY checklist 2024. A comprehensive checklist for optimizing superannuation before the end of the financial year in 2024. Tasks include reviewing contributions, consolidating accounts, assessing investment strategies, and capitalizing on tax advantages. Guidance is provided on effectively managing superannuation funds for financial security and maximizing benefits in the upcoming financial year.
The art of happiness – economics and the “hedonic treadmill”. The concept of happiness within the framework of economics is explored, focusing on the “hedonic treadmill” theory. Individuals adapt to changes in their circumstances, leading to a constant pursuit of happiness through material possessions. Understanding the hedonic treadmill can help individuals make more mindful choices that contribute to long-term well-being and fulfillment.
Q&A

I’ve recently found out that I own both trauma and income protection insurance covers. What is the difference between trauma and income protection insurance?
I have a friend who recently set up a self managed super fund (SMSF). What are the advantages of having an SMSF?
I’ve been told that I should get my Enduring Power of Attorney (EPOA) sorted as part of my estate planning. What is an EPOA and what do they do?