The government has recognised the massive red tape burden that has been placed on financial planning firms. It has been one of their priorities to reduce this Red Tape. We…
Over the years, you may have heard us stating that low inflation, even if accompanied by low interest rates, is a good environment for retirees. While this sounds strange, given…
Please note that our office will be open from 8.00am to 4.30pm Monday to Friday. Calls received outside of these hours will divert to an “out of hours” message service…
This newsletter had been written before the stage 3 tax cuts were changed. We had prepared an article to demonstrate the effects of different levels of income. Obviously, this is…
The Australian prudential regulatory authority (APRA) is responsible for monitoring the performance and governance of Australia’s largest superannuation funds. In recent years, APRA has actively encouraged mergers of funds to…
While many are suffering from the burden of inflation and higher interest rates, there may be one or two of you who have surplus income and are seeking ways to…
As usual, there is more tinkering with Superannuation. A new tax has been proposed in a Government consultation paper released on 3 October 2023. The tax would apply from 1…
We ask clients to put away money for retirement, effectively locking up capital for many years. It is a sacrifice and at times we need to remind ourselves if it…
A cornerstone of superannuation law is the term “Sole Purpose Test”. As the name implies, expenditure (and payments) by superannuation funds must be in respect of enabling members to save…
A number of unlisted property funds have begun limiting withdrawals. The rise in interest rates, together with the continuation of the working from home phenomenon, means property valuations are under…
We offer an initial meeting at our cost to those referred to us by our clients, accountants and solicitors.