Buying your first home is always a big step, but with property prices rising faster than pay packets taking that first step seems more challenging than ever. National house prices rose 20 per cent in the year to September, the fastest growth since 1989. Higher prices have also fanned out from capital cities to the…
In this Issue: Market update Kane baby arrival Responsible Investing on the rise Aged care payment options More Baby News! 5 Minutes with Michael Saunders Download newsletter to read more:
Ways to make sure you get a better interest rate I’m willing to bet that if I reviewed your home or investment loan, I’d find that your interest rate is far too high, and you are unnecessarily paying more interest than you need to be, substantially more in most cases. Even if we’ve managed to…
As we navigate ongoing lockdowns due to COVID-19 across Australia, here is a guide to the latest benefits you may be entitled to from the Federal and State Governments. Australia-wide initiatives The Pandemic Leave Disaster Payment (PLDP) is a program to support you, if you find yourself in a situation where you are unable to earn…
In this Issue: Market update End of financial year reminders Superannuation contribution limits to increase from 1 July 2021 Changes to income protection insurance Dakota’s early arrival Newlife Care Charity Golf Day Download newsletter to read more:
The Federal Government has announced that reduced temporary minimum pension draw downs which were first introduced in the 2019/20 financial year as a response to the COVID-19 pandemic, have been extended for a further year. Reduced pension minimums – the minimum sum that must be withdrawn from your pension each year – were due to…
Last night, the Government handed down the 2021 Federal Budget. We have summarised the key findings and changes that are likely to be most relevant to you and your family. If you have any questions about any of the Budget measures and how you might take advantage of them, please contact your adviser. Check out…
Increased Contribution Caps Recent announcements have confirmed that the annual concessional contribution (CC) and non-concessional contribution (NCC) caps will increase from 1 July 2021. These changes are highlighted in the table below: Cap 2020/21 and earlier From 1 July 2021 Concessional $25,000 $27,500 Non-concessional $100,000 $110,000 As a refresher, contributions are broken up into 2…
