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…
Our Practice Manager Jenna Wilson recently sat down with long-term client Judith Munday to ask about her history serving in the Australian Army and how this led her to a long life of community service which, now into her late 70s, is still serving and making a difference to the lives of so many. How…
There are requirements and age restrictions you will want to be across if you’re looking to boost your super leading up to, or during ‘retirement’. If you’re 65 or over, you can typically get full access to the funds in your superannuation. However, you may not be ready to retire just yet, or you could be…
In this Issue: Market Update Changes to Superannuation Contribution Rules for Over 65’s Love and Money, Achieving Financial Harmony Staff New Year Resolutions and Updates Download newsletter to read more:
At first glance, investing can seem daunting. So much complex information and so little time to absorb and act on it when you’re busy getting on with life. It’s little wonder that so many of us put it in the too hard basket for longer than is good for our wealth. The good news is…
Most of us dream of the day we can stop working and start ticking off our bucket list. Whether you dream of cruising Alaska, watching the sun rise over Uluru, improving your golf handicap or spending time with the grandkids, superannuation is likely to be a major source of your retirement income. The more money…
Retirees are often anxious when they retire. Their regular salary ceases and they need to adjust to living off their superannuation, any investments and the Age Pension (if they qualify). Many retirees try to live off the income their super or investments generate – without eating into their capital. Up until 2020 we would advise…
Beginning my career in financial services in 2007, what impressed me most about the profession was (and still is) the immense amount of value we could provide to clients through the provision of strategic financial advice. One strategy that particularly stood out to me most (2007/8 and 2008/9 financial years) was utilising generous concessional contribution…
Investors usually have mixed feelings about cash. In bull markets, cash is shunned whereas in volatile bear markets, when equities and bond prices are falling, it can be looked on as a safe heaven and ready liquidity. Attempting to successfully time your re-entry into markets can be challenging even for professional fund managers. Fund managers…
