News

On our news page, you will find the latest financial news, valuable insights and new ideas, tips and tricks we've learnt over the years and other helpful educational pieces.

Budget

Federal Budget 2018 – Super

Mr Scott Morrison, the Federal Treasurer, handed down his third Budget on 8 May 2018. Mr Morrison said the Budget is focused on further strengthening the economy to “guarantee the essentials Australians rely on” and “responsibly repair the budget”. The Budget contains a range of measures intended to ensure the integrity of the tax and superannuation system. The super highlights include:

Read more

Federal Budget 2018 – Taxation

Mr Scott Morrison, the Federal Treasurer, handed down his third Budget on 8 May 2018. Mr Morrison said the Budget is focused on further strengthening the economy to “guarantee the essentials Australians rely on” and “responsibly repair the budget”. The tax highlights include...

Read more

Federal Budget 2018 – Social Security

The 2018-19 Budget includes a big increase in the number of aged Care Home Care packages, to enable older people to receive increased services in their home rather than in residential aged care. It also includes a number of initiatives designed to encourage older people to remain engaged in the workforce, including changes aimed at older small business owners.

Read more

Understanding Downsizer Contributions

By David Lloyd
In the May 2017 Federal Budget announcement, new legislation was introduced whereby those aged 65 and over will be able to contribute an additional $300,000 into their superannuation upon the sale of their primary residence. These payments are referred to as ‘downsizer’ contributions...

Read more

Understanding The First Home Super Saver Scheme

By Alec Berry
With housing affordability becoming increasingly challenging, many first home buyers are trying to best manage their path to the goal of owning property. To assist with these efforts, starting on 1 July 2017 a new initiative was introduced for Australians looking at getting themselves into the property market.

Read more

Federal Budget 2017 – Social Security

Overall, the Budget said the Social Security budget Social security and welfare function are estimated to increase by 3.3 per cent in real terms from 2016-17 to 2017-18, and by 8.9 per cent in real terms from 2017-18 to 2020-21...

Read more

Federal Budget 2017 – Taxation

Key business and personal tax points to note from the Federal Budget 2017 announcement, including an extension to the $20,000 instant asset write-off for small business...

Read more

Federal Budget 2017 – Super

Key points from the Federal Budget 2017 announcement, including the use of LRBAs to be included in a member's total super balance and transfer balance cap from 1 July 2018 ...

Read more

Federal Budget 2016 – Superannuation Update

The budget contained a number of important changes to the superannuation system, including retirement income streams and tax changes. The announced changes took everyone by surprise and it is important that you discuss your particular situation with your adviser and how these changes may affect you.

Read more

NCC lifetime cap and you

From 3 May 2016, the amount of non-concessional contributions (NCCs) that a person can make to super will have a proposed cap of $500,000. What does this mean for you?

Read more

Federal Budget 2016

Two major factors necessarily limited Scott Morrison and Malcolm Turnbull in their first crack at a Federal Budget – our relatively fragile economy, as evidenced by yesterday’s RBA announcement, and the fact that an election will be called within days.

Read more

Federal Budget 2016: social security

Key points on social security from the Federal Budget 2016 announcement, including eligibility for the Disability Support Pension and changes to the Age Pension Assets Test...

Read more

Federal Budget 2016: taxation

Key points on taxation from the Federal Budget 2016 announcement, including personal income tax relief, an increase in the small business turnover threshold and a reduction in the company tax rate...

Read more

Federal Budget 2016: superannuation

Key points on superannuation from the Federal Budget 2016 announcement, including the introduction of the $1.6 million transfer balance cap, concessional cap changes and an ease in the restrictions for tax deductions for personal contributions...

Read more

Rumour has it: pre-Budget super speculation

With less than a week until the Federal Budget is handed down, the media is alive with speculation as to what changes the Government will impose and, as usual, superannuation is at the forefront of the pre-Budget rumour mill.

Read more

One smart pre-Budget move you should consider if aged 55* or over (at 30th June 2015)

It’s that time of year again when pre-Budget media speculation is proving very hard to escape. Every day we are told what the Budget may (or may not!) have in store for us which can be perplexing when considering pre-emptive pre-Budget strategies.

Read more