2013 Budget De-Brief
Last night the Budget delivered no real surprises after the majority of the proposed changes had been drip fed to the market in previous months.
From a Financial Planning perspective, there have been a few changes in relation to superannaution and taxation which may have an impact on your personal situation. We have provided a brief summary on some fo the key changes.
Cap on Tax Free Earnings - At the moment, any income in the pension phase is tax ...
Understanding your Retirement Options
Understanding your retirement options can be a complex and daunting task. There is a number of elements that will impact your retirement options and everyone is different. It is important to have a personalised strategy to help you understand what income you need in retirement, how many assets and the most tax effective way to structure your financial affairs. In the e-book below, we have gone back to the basics to get you thinking about some ...
How to buy property in your Super
Please click on the link below to download the e-book on how to buy property in your super. This e-book focuses on the process as opposed to the benefits and risks.
SMSF Essentials E-Book
Please click on the below to download the SMSF Essentials E-Book
What insurances do you need?
There is so much confusion when it comes to what insurances you require. The attached flyer summarises two key insurances, how much you need and how to structure it.
Borrowing to Invest
Borrowing, or gearing as it is commonly referred to is a great strategy to help you accumulate wealth. There are many different types of version of 'borrowing to invest' and you need to understand the complexities of each before you invest.
From a basic perspective, you borrow money from a lending provider (usually a bank) and then combine this money with yours to invest in an asset. The combined income and growth you receive needs to be greater than the ...
Credit Cards - benefit or hindrance?
Everyone has seen those ads, rollover your credit cards and pay no fees or interest for the first 12 months. Plus we will throw in some loyalty points and discounts to a selection of service or product providers. It sounds promising, but who really wins?
Banks don't release products they make a loss on. Just like the casino would never introduce a game where the odds are not stacked in their favour. However, if you manage your cards well ...
Why property in Super might not be the right choice
The idea of taking control of your super, selling those under performing shares that have been managed by a professional whocharges ridiculous fees regardless of the performance sounds appealing but be careful. Here are 5 reasons why buying property in your super might not be the right choice for you;
1. Small balance - If you super balance is less than $150,000, it could be dangerous purchasing a property in your super as you would need to use quite a ...