It is intended that once passed by Parliament, the new tax – which doubles the tax rate from 15 per cent to 30 per cent for balances that exceed $3 million – will apply from July 1, 2025. The tax […]

Whether you’re looking to maximise tax benefits, rebalance your investment portfolio, or to simply ensure you’re ticking all the right boxes, smart end of financial year (EOFY) planning can make a big difference. So, to finish the financial year on […]

What you need to consider first If you have more than one super account, consolidating them to one account may be an option for you. Consolidating your super could save you from paying multiple fees, however, if you have insurance […]

The S&P ASX200 index added just under 7 per cent in the 10 months to October 31 closing at 8160.i It reached its previous all-time high of 8355 just two weeks before. So, if you were invested in an index fund […]

Some love it so much that they believe property is a better option for providing a retirement income. They see a bricks and mortar investment as a more tangible and solid approach than say, superannuation, preferring to take their super […]

With income protection insurance, you can be paid some 70 per cent of your income for a specified period to help when you cannot work.i The most common claims are for illnesses such as cancer, heart attack, anxiety and depression.ii Payments […]

You also have a host of choices to make when it comes to funding your new life away from paid work. Here are four different options to consider.i Account-Based Pension An account-based pension (ABP) using your superannuation is one of […]

The latest data demonstrates property’s popularity. One-in-five households (21%) owns a home in addition to their usual residence.i Maximising taxation benefits is one key element but the ATO recently found 9 out of 10 returns were incorrect, so it’s essential […]

Topping up super One important item for the To Do list is to top up your super with either concessional (pre-tax) or non-concessional (post-tax) contributions. For example, you could make a voluntary concessional contribution up to the limit allowed and […]

In March 2020 the Aussie dipped below US58 cents for the first time in a decade. Since then, a high of just over US77 cents in 2021 has been followed by a rollercoaster ride, mostly downhill. In October 2022 the […]