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At Wealthy Choices, we can help you establish an ongoing financial plan that will suit your individual needs and help you meet your future lifestyle goals.

No matter how young or old you are, the crucial thing to do is to begin developing a plan today with help from the financial advice of our top experts. Learn how you can create a better future with the help of financial professionals advising you on investments, wealth building and management, insurance and retirement plans.

Consider these tough financial facts:

 

 

  • Every year, more than 20,000 Australians declare bankruptcy.
  • 29% of Australians will rely on pension or social security after retirement.
  • 80% of Australians might have to struggle to survive if they lost their primary source of income.
  • One-third of Australian workers say that they intend to continue working even after the age of 65

 

Latest Financial News

  • Australian Dollar Plunged On Greek Worries

    May.16.2012

    The Australian dollar fell almost 0.7 of a US cent following the failed talks between Greek political parties, which means the country is going for fresh elections next month. The local unit was trading at 99.35 US cents, down from yesterday's 100.02 US cents. The Aussie dollar was below parity with the US dollar almost the entire day of Tuesday, after it first broke through key threshold on Monday while Greece's situation deteriorated. HiFX senior trader Stuart Ive said the local unit moved higher at the onset after the Eurozone narrowly avoided a recession, thanks to a stronger-than-expected growth in Germany. read more >…

  • Australian Dollar Slumped As Greek Turmoil Led Risk Sell-off

    May.15.2012

    The Australian dollar continued to fall today, staying below parity with the US dollar as the Greek political turmoil led to a broad sell-off in assets. The local unit was trading at 99.69 US cents, down from yesterday's close of 99.72 US cents. Since December 19 of last year, the Australian dollar dropped below parity with the greenback for the first time. The Greek politicians' failure to form a unity government caused fears that the debt-ridden country might be rejected from the Eurozone, inciting demand for safe haven currencies such as the US dollar. Experts said that the Australian dollar may trade between 98.90 to 99.00 US cents. read more >…

  • Australian Dollar Edging Lower Through Parity

    May.14.2012

    The Australian dollar fell closer to parity with the US dollar while the Greek political chaos continues. The local unit was trading earlier at 100.07 US cents before steadying to 100.35 US cents. Last Friday, the Australian dollar closed at 100.27 US cents. The slight life in risk sentiment was due to yesterday's movement by the Chinese central bank that's set to cut the amount of cash that banks must hold as reserves by 50-basis points to 20% - creating a cushion for a slow-moving economy. Experts said that the Australian dollar was about to fall sharply if it dropped below parity today. read more >…

Current Events

May 16 2012: Mining Sector To Be Accounted For Half Of New Jobs Growth

The RBA deputy governor returned to the mining industry as he outlined the numerous challenges of an uneven economic growth, stating that it may soon account for every second job created in Australia, as major structural changes are happening in the economy. Visit

 


May 16 2012: Stocks Dropped 1.3% At Open

The Aussie stock market slumped at the open; following overnight global market falls as Greece continue to encounter political turmoil. The S&P/ASX200 dropped 1.3% to 4210.7, while the All Ordinaries dropped 1.28% to 4260.9. Visit

 


May 15 2012: Australian Stocks Opened Lower On Cues From Wall Street

Australian stocks opened lower, taking cues from poor Wall Street performance due to Greece's political standstill. The S&P/ASX200 fell 0.88% to 4259.2, while the All Ordinaries fell 0.95% to 4310.5. Visit

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