Tax breaks are always good news, but for house hunters they can have an added bonus. Not only do tax cuts mean potential buyers have more cash in their pocket at the end of the financial year, but they’re also looking at increased borrowing power. A typical homebuyer’s borrowing capacity could rise by tens of … Read more
Welcome to our July newsletter In our first article, we outline each of the superannuation changes that came into effect on 1 July and how some of these changes could impact you. If you have an investment portfolio, you may be tempted to check its performance regularly – especially when markets are buoyant. If you … Read more
What is your ‘estate’? Your ‘estate’ includes everything you own – your ‘earthly possessions’, if you will. It can include for example cash, property, cars, boats, furniture, jewellery, family heirlooms, art, shares and more. What is estate planning? This is where you decide what will happen to your belongings after you pass away. By leaving … Read more
The super changes from the start of the 2024-25 financial year. A number of superannuation changes came into effect on 1 July 2024 and are designed to help working Australians get more money into the retirement savings system. If fully utilised, the changes potentially allow all super fund members, including those with a self managed … Read more
Average household wealth, and what it takes to rank among Australia’s wealthiest 1%. Being a billionaire isn’t what it used to be. Back in 1990, Australia had one of them – the late media mogul Kerry Packer. But these days Australia has lots. According to the just-released Australian Financial Review Rich List, there are now 150 individuals … Read more
