The 2020 Budget on Tuesday night delivered another new term to our vernacular – JobMaker – a clear sign it is all about jobs and spending to make more jobs! Add in bringing forward the personal income tax cuts announced in last year’s budget and...
Ahead of the Father’s Day weekend what better time to pass on some sage wisdom from the father of all investment fathers, Warren Buffet. It’s well documented that at the age of 10 Mr Buffett had an epiphany. The importance time has on money and how...
It’s always interesting to hear the answers people give when asked to name their most valuable asset. Unsurprisingly, age and lifestyle play key roles in the variety of answers given. Most young people would answer this question with material possessions (think car) while a young...
Binding Nomination Your super will grow to become one of your most valuable assets, so it’s important to understand where it’ll go if anything happens to you unexpectedly. Have you completed your binding nomination for your superfund? We recommend that your Superannuation Binding Nomination be kept...
Volatility has been the underlying theme in markets of recent times. Within that volatility there are always a few managers that are able to shine. We’d like to make note of the SGH Emerging Companies Fund which has been a star in our portfolio. In...
On Tuesday, 21 July 2020, the Federal Government released a range of proposals to the JobKeeper and JobSeeker Payments to effectively extend the schemes for a further six months until 28 March 2020. JobKeeper key points Here's what you need to know: Existing rules will continue to...
The start of a new financial year is the best time to get private health insurance to maximise the benefits. If you are currently paying the Medicare levy surcharge you should consider taking out private health insurance as soon as possible to avoid paying the surcharge...
If you are tempted to blow your bonus on a holiday or car upgrade, consider this. Salary sacrificing your bonus enables you to put pre-tax money into your super, therefore reducing your taxable income and the amount of tax you pay in that year. The...
Our Financial Planners have been inundated with questions relating to work from home tax deductions. As it’s a popular topic, we thought we’d address it as a breakout blog piece. A lot of us have worked from home (and may still be working from home)...
With the end of financial year (EOFY) near we are pleased to share our EOFY 2020 Checklist. TOP UP SUPER CONTRIBUTIONS Putting more money into superannuation is a great way to get a win-win of boosting your super AND lowering your tax bill. Additional contributions are an...
