Commonwealth Bank of Australia (CBA) has announced a large portion of their Wealth Management business, including Colonial First State (CFS) and Colonial First State Asset Management (CFSGAM), will be demerged….
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Headlines like ‘super members being short-changed billions every year’ are common in the media at the moment. While this might sell papers and provide interesting BBQ banter, sometimes there is…
The Royal Commission, which we initially dismissed as irrelevant to our clients and our practice, has morphed into an investigation on many aspects of the Australian financial system, including financial…
On Tuesday 8 May, the federal government handed down its Budget for the 2018-19 financial year. This is the third Budget delivered by Treasurer Scott Morrison and is likely to…
We seem to always be asking our clients for current identification, such as Drivers Licence or Passport. It is a requirement under the Anti-Money Laundering and Counter Terrorism Financing Act…
Clients who hold income protection and trauma insurance policies will have experienced, or are about to experience, base rate premium increases to their policies. This is always an unwelcome hit…
New legislation was passed in December 2017 which is aimed at assisting Australians to purchase their first home. The First Home Super Saver Scheme allows clients who are saving for…
In response to mounting pressure on housing affordability in Australia, the Government has looked to incentivise older Australians considering downsizing, to take the leap. Previously, selling the family home may…
This is not new legislation, but there has been a significant improvement to the Offset eligibility. 2017/18 is the first financial year for the new increased income thresholds that apply…
