Welcome to our March newsletter We begin our newsletter by delving into the new tax being imposed on superannuation balances over $3 million. If your super balance is over $3 million, it is time to review your investment strategy. When it comes to investing, keeping a cool head can help to build a solid investment … Read more
If one of your goals is to buy your own home, then 2024 might just be your lucky year. It will see the launch of the Federal Government’s exciting new Help To Buy scheme. Over the next four years, this initiative aims to help up to 40,000 low- and middle-income Australians finally buy a place … Read more
Scammers are skilled at tricking you out of your money. Knowing the signs of a scam can help you identify when something doesn’t feel right. Scamwatch, run by the National Anti-Scams Centre (NASC) says: Stop – Don’t give money or personal information to anyone if unsure Think – Ask yourself could the message or call be fake? … Read more
Adding to your super You can boost your retirement savings by making voluntary super contributions, such as by: setting up a salary sacrifice arrangement with your employer making personal super contributions (and a non-concessional contribution may make you eligible for the government’s super co-contribution) transferring any super you have in a foreign super fund arranging for your spouse to contribute to your … Read more
It’s challenging buying property. It’s tough scraping together a deposit, it’s not easy dragging yourself to one open-for-inspection after another (especially if you’ve been doing it for a while!), and it can be soul destroying being pipped at the post when you have set your sights on a particular property. Then there is getting the … Read more
Understanding your retirement income options How you organise your retirement income streams can make a huge difference to your quality of life. Here are some options you might want to consider. What will you do with your super when you retire? You have plenty of flexibility as there’s a wide range of options inside and … Read more
Give me the main points The most important reason to consider taking out life insurance is to protect your family if you die or become unable to work. There’s a good case for anyone with dependants or people who plan to have dependants to take out life insurance. Life insurance policies can be bought through … Read more
Welcome to our February newsletter. In our first article, we explain what the upcoming changes to Australia’s tax system are, what implications this may have on investor strategies and super contributions before the end of financial year. Next, we outline three of the common mistakes people tend to make when there is market volatility and … Read more
If you’re lucky enough to have received a windfall, perhaps an inheritance or a retrenchment payout, your first decision will be what to do with it. Assuming you have decided against a shopping splurge, finding the best place to invest a lump sum is all about the effect on your tax bill and how soon … Read more
