Week in review - 29th September

Week in Review with Matthew McCabe:

This week at Newcastle Advisors, we had the rewarding opportunity to inform a client that, after nearly 12 months, six complaints, four case managers, and two underlying insurance providers, their total and permanent disablement (TPD) insurance has finally been paid out into their industry super fund. This significant milestone means they can now make the necessary renovations to their home, improving their living conditions, repaying their debts, and starting to plan for a more secure future.

In addition to this great outcome, I was interviewed by Susan Graham-Ryan for ABC Queensland. The discussion centred around lost and unclaimed superannuation—a fantastic opportunity for our Supermen Podcast to reach a wider audience and help even more Australians gain valuable insights into their super.

We’ve also had five families with unique financial circumstances seek our advice this week. These included:

- An 80-year-old father looking to secure his disabled son's future.

- Medically retired police officers still 15-20 years away from traditional retirement, seeking strategic financial guidance.

- A couple in their early 50s who are looking to ease the financial strain of an underperforming investment property.

- A small business owner in their 40s, teaming up with a friend to continue building wealth and diversify income streams.

- A couple in their 70s facing a large potential tax bill from selling their mixed-use property, originally bought for $300k, now worth $7 million+.

- A 50-year-old single professional looking to leverage their current home equity and $500k annual income.

It has been another dynamic week at Newcastle HQ, where we continue to help families navigate complex financial situations with strategic advice and tailored solutions.