Townsville
First-home buyers (and even second- and third-home buyers) are often baffled by the jargon used by real estate industry professionals. This can result in expensive misunderstandings unless you take the time to learn the lingo. Here are some frequently misunderstood terms and concepts you should...
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...
When it comes to setting financial priorities, medium-term goals often suffer from middle child syndrome, not taken as seriously as the oldest or indulged as much as the youngest. The serious long-term goal of saving for retirement gets lots of attention, and rightly so. It’s...
Self Managed Superannuation Funds (SMSF), provided that the governing trust deed allows for it, have the capacity to borrow money to purchase property. This is called a Limited Recourse Borrowing Arrangement (LRBA). We have a video on how it works and you can get it...
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...