12 May 2016
The Government is replacing the previous cap of $180,000 per year (or $540,000 over 3 years under the ‘bring forward’ provisions) with a lifetime cap of $500,000. This will be indexed, presumably on an annual basis. While this change is effective from Budget night, importantly it is also retrospective as it will take into account all non-concessional contributions made since 1 July 2007.
05 May 2016
Treasurer Scott Morrison reveals his first Budget.
01 Apr 2016
With the end of financial year fast approaching, here are some tips to consider.
29 Jan 2016
As at 12 March 2014, the Australian laws for credit reporting (also known as your credit rating) have changed. This change means you will now be assessed on whether you pay your bills on time (rather than if you have occasionally paid them late). Now, more than ever, it is important to effectively manage your household finances.
20 Jan 2016
It doesn’t matter how much money you have or make, sometimes it just doesn’t feel like it is enough. When you create and stick to a budget, at least you know how much you actually have and what you can do to make the best of it.
16 Dec 2015
Many people don’t consider consulting a financial adviser until they are close to retirement. However, to reach a reasonable level of financial security, the earlier you start a regular plan of saving and investing, the better.
23 Nov 2015
The rules regarding super and tax are complex and, for many, the tax paid when putting money into super, its earnings while invested, and when benefits are finally paid can be a mystery. We take a look at how superannuation is taxed.
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