The 1 July 2017 super reforms have opened up a fantastic new opportunity to build wealth in super and reduce your tax bill at the same time. That is, it’s now easier to claim a tax deduction on your personal super contributions than ever before.
When people consider investing, many think about buying a house or shares. However, you may be better off pooling your money and using a managed fund to achieve your financial goals.
Completing a thorough estate planning review is crucial for your peace of mind as well as the comfort and wellbeing of loved ones. It is also much more than just making a Will.
Super is one of the most tax-effective ways to save. You could be thousands of dollars better off by making ‘concessional contributions’, into your super – and, putting more money into your super now, could make a big difference to your retirement lifestyle later.
Risk and investing are intrinsically linked. In fact, risk is defined as the chance you will lose money on an investment – however, crucially it is also the driver for making money.
It doesn’t matter how much money you have or make, sometimes it just doesn’t feel like it is enough. When you create and stick to a budget, at least you know how much you actually have and you can avoid that urge to splurge.
Children certainly don’t come with an instruction manual. From the time they’re learning to crawl parents begin teaching their children about right and wrong, personal safety, manners and morals. Over time, children are taught about stranger-danger, healthy eating and personal accountability. Interestingly however, many Australian parents leave out one of the most important ‘survival skills’ their children will need into the future – how to take care of themselves financially.
A lot of people leave their preparation for the end of the financial year until it is too late. If you feel that your finances could do with a shake-up before June 30, there are many tax-effective strategies that we can help you implement now to ensure that the end of June runs as smoothly as possible.
Yes it can, but only in certain situations. While most people try hard to strike a fair balance when they write their Will, sometimes there may be people who are unhappy with how the estate has been divided and decide to challenge it.
Interest rates are very important for many Australians, and rightly so – after all, whether it's the returns
on savings accounts or mortgage repayments, the rate of the day can have a significant impact on the household budget for millions of Australians. So what influences interest rates, and why are they changed?