Choosing the right super investment options at the right time could make a difference to how much money you have when you retire. When it comes to your superannuation, the investment options you choose today and in future may impact how much money you retire with. If...
With Labor threatening to reinstate the 10 per cent test if elected, SMSF clients may want to make the most of their ability to claim deductions for personal contributions this financial year, says a technical expert.
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Key points - The 2019-20 Budget “delivers” the long-awaited surplus and increased fiscal stimulus mainly via tax cuts/offsets. - The main risk is that the revenue boost is not sustained & the budget continues to have relatively optimistic assumptions regarding wages growth. - The impact on the RBA...
As Australia’s $2.8-trillion super system attracts even more headlines than usual, more people may mistakenly assume that almost everyone in the workforce is covered by at least compulsory contributions.
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The ATO has identified certain red flags and problem areas with SMSFs that will attract its attention, ahead of tax time 2019.
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With the new year upon us, now is a good time to get your superannuation into shape. Figures released in 2018 showed duplicate account fees and insurance premiums had eroded savings by over $2 billion; lost superannuation had amounted to $17.5 billion and one-third of workers...
LRBA - Limited recourse borrowing arrangements
TBAR - Transfer balance account reporting
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For most of my 20s, super occupied a space in my brain alongside anti-aging creams, bingo and dentures: things I wouldn’t have to worry about for a long, long time. After all, superannuation is meant for our retirement, and I’ve only just started my career. It’s...
If you could add $61,000 to your super fund in 10 years, would you do it?
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He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.