It’s almost a decade since the global financial crisis created havoc in financial markets. While the global economy continues to show signs of recovery, political uncertainty in Europe and the United States is creating fresh confusion on global markets as investors wait to see how current events play out. It started just over a year […]
From time to time a Self Managed Superannuation Fund (SMSF) is really not necessary. The discussion comes up as to whether to close the fund and move it back to retail super. Be warned, this is not as straightforward a process as it was moving from retail to SMSF in the first place. Consider this before […]
With June now here we thought one more update is in order before the financial year comes to a close. For employees… This is the first tax year that you can top up your deductible super contributions before June 30 by making a lump sum contribution. So as an example, if your employer has paid […]
Smashed Avo for breakfast or buying your First Home? Why not both? In response to the increasing house prices in Australia, parliament has passed new legislation allowing first home buyers to save for their home deposit (residential home) within superannuation. Saving a deposit to buy your first home can seem unattainable. To be approved […]
Australians buying their first home or downsizing in retirement are about to receive a helping hand thanks to new superannuation rules which come into effect on July 1 2018. From that date, first home buyers will be able to contribute up to $30,000 into their super fund towards a home deposit while downsizers can put […]
Blockchain is only at the tip of the iceberg of its immense potential. Industry leaders like Bob Greifeld, CEO of Nasdaq, have already pegged the emerging technology as “the biggest opportunity set we can think of over the next decade”.i From the humble origins of Bitcoin, blockchain has since captured the imagination of everyone from Richard […]