Financial Review

What to do with a six-figure redundancy payout

Being made redundant can be emotionally and financially devastating if you weren’t expecting it. But large lump sum payouts also present an opportunity to reset your career and finances.

Reporter
Chrystal Dias rebounded from being made redundant from her marketing job in health by switching to a role with a professional basketball team. It meant a different industry and relocating from Melbourne – where she had recently bought a property – to Hobart, home of the Tasmania JackJumpers.

 

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What to do with a six-figure redundancy payout

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