Goldsborough Financial Services

15/10/2026

𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝗮𝘁 𝗛𝗼𝗺𝗲 𝗰𝗵𝗮𝗻𝗴𝗲𝘀: 𝗽𝗲𝗿𝘀𝗼𝗻𝗮𝗹 𝗰𝗮𝗿𝗲 𝘀𝗲𝗿𝘃𝗶𝗰𝗲𝘀 𝗳𝘂𝗹𝗹𝘆 𝗳𝘂𝗻𝗱𝗲𝗱 𝗳𝗿𝗼𝗺 𝟭 𝗢𝗰𝘁𝗼𝗯𝗲𝗿 𝟮𝟬𝟮𝟲

From 1 October 2026, the Australian Government will fully fund certain personal care services delivered through the Support at Home program. Recipients will no longer need to make personal contributions towards these services.

The affected services include showering, dressing, support with self-administration of medication and non-clinical continence management. These services were previously classified in the Independence category, where some recipients may have been required to contribute towards their cost.

From 1 October 2026, these services will instead be classified as clinical support. The Government will cover their full cost, so recipients will not need to contribute.

❓𝗪𝗵𝗮𝘁 𝗶𝘀 𝗻𝗼𝘁 𝗰𝗵𝗮𝗻𝗴𝗶𝗻𝗴 𝘂𝗻𝗱𝗲𝗿 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝗮𝘁 𝗛𝗼𝗺𝗲?

Participant contributions still apply to services delivered before 1 October 2026. Contributions already paid for those services will not be refunded.

Contributions will continue to apply to other Support at Home categories. These include Everyday Living services, such as cleaning and gardening, and remaining Independence services, such as transport.

❓𝗗𝗼 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝗮𝘁 𝗛𝗼𝗺𝗲 𝗿𝗲𝗰𝗶𝗽𝗶𝗲𝗻𝘁𝘀 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗱𝗼 𝗮𝗻𝘆𝘁𝗵𝗶𝗻𝗴?

𝙽̲𝚘̲ ̲𝚊̲𝚌̲𝚝̲𝚒̲𝚘̲𝚗̲ ̲𝚒̲𝚜̲ ̲𝚛̲𝚎̲𝚚̲𝚞̲𝚒̲𝚛̲𝚎̲𝚍̲. Support at Home recipients will automatically be eligible for this change.

From 1 October 2026, selected Support at Home personal care services will be fully government funded, with no participant contributions required.

14/10/2026

And thank you also to Fotios and Louisa!

14/10/2026

We always love receiving such fabulous testimonials from our clients!

Thank you Jill 😊

07/10/2026

𝗪𝗵𝗮𝘁 𝘁𝗵𝗲 𝗦𝗵𝗶𝗲𝗹𝗱 𝗮𝗻𝗱 𝗙𝗶𝗿𝘀𝘁 𝗚𝘂𝗮𝗿𝗱𝗶𝗮𝗻 𝗖𝗼𝗹𝗹𝗮𝗽𝘀𝗲 𝗖𝗮𝗻 𝗧𝗲𝗮𝗰𝗵 𝗨𝘀 𝗔𝗯𝗼𝘂𝘁 𝗣𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗻𝗴 𝗬𝗼𝘂𝗿 𝗦𝘂𝗽𝗲𝗿

By Michelle Sanchez

You may have seen the headlines about the collapse of the Shield and First Guardian Master Funds. It’s a confronting story, with almost 12,000 Australians affected and over $1.2 billion of retirement savings gone. Many only found out only when a letter arrived saying their super had vanished. It’s the kind of thing that makes all of us stop and check our own arrangements.

These were managed investment schemes offered through legitimate-looking super platforms. Many investors were first contacted through a Facebook or Google ad offering a “free super health check”, then handed to a lead generator and eventually an adviser who recommended rolling their super into these funds. The funds promised steady returns but were poorly governed and under-scrutinised. When they collapsed, liquidators moved in, and many investors are still waiting to learn how much, if anything, they’ll get back.

It’s worth noting a few patterns keep showing up.

➡️ Be wary of unsolicited contact about your super, whether a cold call, a social media ad or a “compare your fund” website.
➡️ Be cautious of anyone pushing a quick switch into something you’ve never heard of, or urging you to set up an SMSF purely to access one investment.
➡️ And always check your adviser is properly licensed via the Financial Advisers Register on the ASIC website.

One detail that stands out is that many victims didn’t just dabble in these funds, they were advised to roll their entire super balance into a single product, sometimes via a newly set up SMSF created purely to access it. One banned adviser was found to have recommended clients switch “their entire superannuation savings into one or more high-risk products”. When your whole retirement nest egg sits in one manager, one strategy, one fund, there’s nothing to fall back on if it fails. Spreading your super across multiple managers and asset classes doesn’t make any single investment risk-free, but it means one collapse can’t take out your whole retirement plan. 𝗜𝘁’𝘀 𝗼𝗻𝗲 𝗼𝗳 𝘁𝗵𝗲 𝘀𝗶𝗺𝗽𝗹𝗲𝘀𝘁, 𝗺𝗼𝘀𝘁 𝗲𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝗽𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗼𝗻𝘀 𝗮𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲, 𝗮𝗻𝗱 𝗲𝘅𝗮𝗰𝘁𝗹𝘆 𝘄𝗵𝘆 𝘄𝗲 𝗯𝘂𝗶𝗹𝗱 𝗱𝗶𝘃𝗲𝗿𝘀𝗶𝗳𝗶𝗲𝗱 𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼𝘀 𝗿𝗮𝘁𝗵𝗲𝗿 𝘁𝗵𝗮𝗻 𝗯𝗮𝗰𝗸𝗶𝗻𝗴 𝗮 𝘀𝗶𝗻𝗴𝗹𝗲 𝗵𝗼𝗿𝘀𝗲.

It’s also a reminder of the value of a genuine, ongoing relationship with an adviser who isn’t connected to the product they recommend.

Part of what allowed this to happen was a tangle of conflicts of interest between marketers and so-called advisers effectively paid to funnel people into these products. That’s the opposite of how I work with you, 𝗺𝘆 𝗷𝗼𝗯 𝗶𝘀 𝘁𝗼 𝗺𝗮𝘁𝗰𝗵 𝘆𝗼𝘂𝗿 𝘀𝘂𝗽𝗲𝗿 𝗮𝗻𝗱 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀 𝘁𝗼 𝘆𝗼𝘂𝗿 𝗴𝗼𝗮𝗹𝘀, 𝗻𝗼𝘁 𝘁𝗼 𝘀𝗲𝗹𝗹 𝘆𝗼𝘂 𝘀𝗼𝗺𝗲𝘁𝗵𝗶𝗻𝗴 𝗯𝗲𝗰𝗮𝘂𝘀𝗲 𝘀𝗼𝗺𝗲𝗼𝗻𝗲 𝗲𝗹𝘀𝗲 𝗯𝗲𝗻𝗲𝗳𝗶𝘁𝘀.

The good news is regulators haven’t sat on their hands. The Government has announced reforms including a crackdown on lead generation, tighter cold-calling rules, higher penalties for trustees who fail members, and changes to strengthen the Compensation Scheme of Last Resort.

𝘐𝘵 𝘸𝘰𝘯’𝘵 𝘶𝘯𝘥𝘰 𝘵𝘩𝘦 𝘥𝘢𝘮𝘢𝘨𝘦 𝘥𝘰𝘯𝘦, 𝘣𝘶𝘵 𝘪𝘵 𝘴𝘩𝘰𝘶𝘭𝘥 𝘮𝘢𝘬𝘦 𝘢 𝘳𝘦𝘱𝘦𝘢𝘵 𝘩𝘢𝘳𝘥𝘦𝘳.

If there’s one thing to take from this, it’s that your super deserves the same scrutiny as any big financial decision. If you ever get an unexpected call or message about your super, or a friend or family member asks about an investment that sounds too good to be true, reach out before doing anything. I’d always rather field a quick question than see anyone caught out.

You may have seen the headlines about the collapse of the Shield and First Guardian Master Funds. It’s a confronting story, with almost 12,000 Australians affected and over $1.2 billion of retirement savings gone. Many only found out only when a letter arrived saying their super had vanished. It.....

10/09/2026

The "official" photos from the day... 👣

08/09/2026

⭐⭐⭐ Team Goldsborough did it!! We completed the 50km Coastrek challenge!! ⭐⭐⭐

THANK YOU to everyone who supported our fundraising efforts. Together, we raised over $6,000 for Beyond Blue and the amazing services they provide.

Thank you also for all the kind words of encouragement that helped cheer us on and get us across the finish line.

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

31/08/2026

🚨𝗪𝗲 𝗮𝗿𝗲 𝗹𝗼𝗼𝗸𝗶𝗻𝗴 𝗳𝗼𝗿 𝗮 𝗖𝗹𝗶𝗲𝗻𝘁 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀 𝗠𝗮𝗻𝗮𝗴𝗲𝗿 𝘁𝗼 𝗷𝗼𝗶𝗻 𝗼𝘂𝗿 𝗧𝗲𝗮𝗺 🚨
🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟

We are looking for an experienced Client Services Manager(CSM) to join our friendly and dynamic team in our spacious Parkside offices. This is a wonderful opportunity to be part of a supportive workplace where your contribution is valued and your work makes a meaningful difference to clients.

𝗧𝗵𝗲 𝗜𝗱𝗲𝗮𝗹 𝗖𝗮𝗻𝗱𝗶𝗱𝗮𝘁𝗲: We are looking for a positive, proactive person who enjoys building strong working relationships and providing outstanding administrative support to advisers and clients.

This role would suit an organised administration professional who enjoys variety, takes pride in their work, and values being part of a collaborative and welcoming team.

𝗧𝗵𝗲 𝗥𝗼𝗹𝗲: In this varied and rewarding role, you will support our Financial Advisers in delivering a high standard of service and helping clients feel well cared for. Your responsibilities will include day-to-day administration, strategy implementation, compliance, and following Goldsborough’s internal processes and best-practice standards.

𝗞𝗲𝘆 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀:
• Proactively support Financial Advisers in delivering a warm, professional, and responsive client experience.
• Manage day-to-day administrative tasks for adviser clients with care, accuracy, and attention to detail.
• Ensure compliance with industry standards and Goldsborough’s internal processes.

𝗧𝗵𝗲 𝗘𝘀𝘀𝗲𝗻𝘁𝗶𝗮𝗹 𝗥𝗲𝗾𝘂𝗶𝗿𝗲𝗺𝗲𝗻𝘁𝘀:
• Strong client service focus and experience in a similar role.
• Comprehensive technical knowledge of financial planning strategies and products.
• Excellent organisational, written, and verbal communication skills.
• Strong attention to detail.
• High proficiency with technology applications, especially Xplan, Word and Excel.

𝗛𝗼𝘂𝗿𝘀: We are ideally seeking a permanent full-time team member to work 37.5 hours per week; however, we are also open to considering part-time arrangements of 0.8 FTE for the right person.

𝗖𝗮𝗿𝗲𝗲𝗿 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀: For candidates keen to continue growing their career in financial planning, there may be an opportunity to undertake a Professional Year with Goldsborough after a minimum of two years in the CSM role.

𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗣𝗿𝗼𝗰𝗲𝘀𝘀: If this sounds like the right opportunity for you, we would love to hear from you. Please submit a cover letter and resume outlining your relevant experience to our Practice Manager Rebekah Young at [email protected].

All applications will be treated confidentially.

27/08/2026

𝗗𝗲𝗲𝗺𝗶𝗻𝗴 𝗥𝗮𝘁𝗲𝘀 𝗧𝗼 𝗥𝗶𝘀𝗲 𝗮𝗻𝗱 𝗔𝗴𝗲𝗱 𝗣𝗲𝗻𝘀𝗶𝗼𝗻 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝘁𝗼 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲

From 𝟮𝟬 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟲, Australia's social security deeming rates will rise by 0.5%, as follows:

➡️ Lower Deeming Rate: 1.75% (applied up to $66,800 for singles and $110,600 for couples – combined amount)
➡️ Upper Deeming Rate: 3.75% (applied to financial assets exceeding the respective single or couple thresholds)

This is the third successive increase since the post COVID pandemic rate freeze ended. Before the pandemic, the deeming rate largely reflected the Reserve Bank of Australia’s (RBA) official cash rate. A recent timeline of Deeming Rate increases:

➡️ May 2020 – June 2025: Rates were frozen at historic lows (0.25% lower / 2.25% upper) during the COVID pandemic.
➡️ 20 September 2025: First post-freeze increase of 0.5%, raising rates to 0.75% (lower) and 2.75% (upper).
➡️ 20 March 2026: Second increase of 0.5%, lifting rates to 1.25% (lower) and 3.25% (upper).
➡️ 20 September 2026: Third consecutive increase of 0.5%, moving rates to 1.75% (lower) and 3.75% (upper).

Deeming rates are used by Centrelink to estimate income earned from financial assets such as bank accounts, term deposits, shares and managed investments. The actual return earned is irrelevant. Instead, Centrelink assumes assets earn the deemed rate and this income is then used to determine eligibility for social security payments such as the Age Pension.

The government has timed the increase in the deeming rate to begin on the same day that the Aged Pension and other welfare payments are indexed in line with shifts in the consumer price index (CPI). As part of the overall changes, 𝘁𝗵𝗲 𝗺𝗮𝘅𝗶𝗺𝘂𝗺 𝗔𝗴𝗲 𝗣𝗲𝗻𝘀𝗶𝗼𝗻 𝗳𝗼𝗿 𝗮 𝘀𝗶𝗻𝗴𝗹𝗲 𝗽𝗲𝗿𝘀𝗼𝗻 𝘄𝗶𝗹𝗹 𝗿𝗶𝘀𝗲 𝗯𝘆 $𝟯𝟲.𝟴𝟬 𝗽𝗲𝗿 𝗳𝗼𝗿𝘁𝗻𝗶𝗴𝗵𝘁 𝘁𝗼 $𝟭,𝟮𝟯𝟳.𝟳𝟬, 𝘄𝗵𝗶𝗹𝗲 𝗰𝗼𝘂𝗽𝗹𝗲𝘀 𝘄𝗶𝗹𝗹 𝗿𝗲𝗰𝗲𝗶𝘃𝗲 𝗮𝗻 𝗮𝗱𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 $𝟱𝟱.𝟲𝟬 𝗽𝗲𝗿 𝗳𝗼𝗿𝘁𝗻𝗶𝗴𝗵𝘁, 𝗯𝗿𝗶𝗻𝗴𝗶𝗻𝗴 𝘁𝗵𝗲 𝗰𝗼𝗺𝗯𝗶𝗻𝗲𝗱 𝗺𝗮𝘅𝗶𝗺𝘂𝗺 𝗽𝗲𝗻𝘀𝗶𝗼𝗻 𝘁𝗼 $𝟭,𝟴𝟲𝟲.𝟬𝟬.

While pension indexation will provide welcome relief against rising living costs, retirees with substantial financial assets may find that some or all of the increase is offset by the higher deemed income assessment, reinforcing the importance of ongoing Centrelink planning and asset management strategies.

If you have any queries about your personal situation, please call us on 8378 4000.

From 20 September 2026, Australia's social security deeming rates will rise by 0.5%.

24/08/2026

👟👟👟👟👟👟
We are counting down - only 11 days to go!

on Friday 4th September, four brave members of the Goldsborough Team are gearing up to take on the 50km Coastrek challenge.

They’ll be joined by three more (almost as brave 😉) team members tackling the 20km course.

Together, we’re raising funds for Beyond Blue to help support mental health across Australia.
💙 💙💙 💙

We’d love your support. Every donation and message of encouragement helps - please consider donating or cheering on Team Goldsborough as we take on Coastrek!

Thank you 🙏🏼

https://lnkd.in/gSPWt9a4



Wild Women On Top

21/08/2026

⚠️💸Fear of Running Out of Money in Retirement: How Australians Can Retire with Confidence

(article by Brenton Miegel)

One of the biggest concerns facing Australians approaching retirement is the fear of running out of money. Financial experts have even coined a term for it: FORO (Fear of Running Out). While this anxiety is understandable, research suggests that many retirees may be more financially secure than they realise.

By understanding the factors that influence retirement income and longevity, Australians can make more informed decisions and enjoy their retirement with greater confidence.

🔶Why Are So Many Australians Worried About Retirement Savings?

Retirement represents a major transition. After decades of accumulating wealth through superannuation and other investments, retirees suddenly need to start drawing on those savings. This shift can create uncertainty, especially as people grapple with questions such as:

❓How long will I live?
❓Will my superannuation last?
❓What happens if markets fall?
❓Will I have enough income to maintain my lifestyle?

Research shows that nearly half of Australians worry they will not have enough money for retirement, while many people continue working beyond their preferred retirement date because they feel financially unprepared.

However, confidence often improves once people actually retire, with many retirees reporting that their savings, combined with Age Pension support, are sufficient to fund a comfortable lifestyle.

Please continue to read the full article here:

One of the biggest concerns facing Australians approaching retirement is the fear of running out of money. Financial experts have even coined a term for it: FORO (Fear of Running Out). While this anxiety is understandable, research suggests that many retirees may be more financially secure than they...