L A T E S T B L O G P O S T S
7 reasons you should read your super statement
When was the last time you opened that superannuation statement and actually read it? If you’re like most people, you probably don’t take much notice of the detail in that envelope because you can’t touch that money until you retire anyway, right? Wrong! Taking a...
9 things to do before you die
We may not like to think about it but when it comes to death, it pays to plan ahead. The emotional impact your death can have on your family and friends is tough enough without the addition of financial stress due to ill-planning or no planning at all. Here are 9...
Time to apply investment lessons
Every market cycle – bull or bear – provides opportunities for investors to improve their process for investing. The best thing to do is learn from past events and apply those lessons to your future investment strategies and circumstances. Lesson 1: Keep your cool ...
All I want for Christmas is to survive it debt free
With the holiday season fast approaching, it’s tempting to throw out the year’s careful planning and budgeting to splurge in the name of Christmas. But getting into the Christmas spirit doesn’t mean you have to get into debt. Follow these tips to ensure that you...
Have your cake and eat it
When it comes to property investing, the merits between investing in your own name and through a superannuation fund have long since been debated. In reality there are pros and cons to both, and many factors to consider such as: Do I have to borrow money to afford the...
Property in Super? Beware of the sting in the tail
Without doubt superannuation is the most long-term tax effective vehicle for accumulating wealth. For many people it is also their only form of savings outside of their family home. We've also heard time and time again about Australians' love affair with investing in...
Why Dividing Farm Assets Does Not Always Work
One of the toughest conversations farm families have to have is how to distribute farm assets after the senior generation has passed away. That conversation however, is a lot easier than the one on how a business is to be transitioned whilst everyone is fit and well!...
Corporate VS Individual Trustees for your SMSF
There has been much debate for many years about individual versus corporate trustees for self-managed superannuation funds. One sticking point for many clients has been the additional cost involved with establishing a corporate trustee, but recent changes to the way...
The value of time
I have been recently conducting seminars on the West Coast of South Australia on ‘Risk Management’. This presentation was originally designed to talk about the typical risks we see in businesses such as property damage, personal injury and lack of diversification. I...
New ATO penalties for Self-Managed Super Funds
The ATO has introduced new penalty powers which it can impose on you if your fund breaks certain superannuation rules. The new rules apply from 1 July this year and allow the ATO to fine you and require you to rectify the mistake that has been made. They can also...