The government has announced an overhaul of the superannuation performance test to capture admin fees and to provide certainty to funds looking to invest in domestic infrastructure and unlisted property. Fund administration fees will now be included in the government’s underperformance test for superannuation funds, which...
The government is being urged to consider a 1 per cent aged care levy to help pay for the underfunded sector following the release of the aged care royal commission findings. The aged care royal commission last month found a decades-long string of reports and inquiries exposing...
Superannuation funds have continued their “astonishing” COVID bounceback and are now likely to finish the 2021 financial year with double-digit growth, an industry expert has revealed. Stats released by Chant West showed that median growth funds, with between 61 to 80 per cent in growth assets,...
Australians who accessed their superannuation early are being urged to kickstart rebuilding their balances as the economy recovers from its first recession in three decades. Research released by Colonial First State showed that a majority of Australians who withdrew their super through the early release scheme...
Clients have many misconceptions around their superannuation and this can impact on how they plan for the future. The right questions can prompt a broader conversation on the benefits of estate planning. Many clients naturally assume that their superannuation will be paid in accordance with their...
If you're wondering who'll get the home you're currently living in, the car, or boat if you have one, we answer some of the commonly asked questions, so you're across your rights and responsibilities. If you’ve recently split from your partner or are simply wondering what...
Latest figures have shown a monthly decline of over 3 per cent in first home buyer activity, but levels still remain at their highest since 2009. New statistics have revealed a decline in first home buyer activity, with national first buyer lending down 3.3 per cent...
When it comes to planning for retirement, it’s important to prepare yourself emotionally and financially. If you’re building your retirement plan, here are some things you may want to think about. You may need to fund a longer retirement Australians are living longer so more of us...
Insurance might not always be top of mind, but it’s important to review your policies regularly to make sure you’ve got the right cover Whatever your mix of cover — life, total and permanent disability, income protection and trauma — insurance can be an important part...
The Government has allowed eligible people to access up to $20,000 from their super as a result of the Coronavirus crisis (a maximum of $10,000 in each of the 2019-20 and 2020-21 financial years). As a recap, to be able to apply for early access to...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.