Library

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

Compulsory Director Identification Number

25 October 2021
Earlier this year, the government released a data standard for Director Identification Numbers, which follows on from the Treasury Laws Amendment (Registries Modernisation and Other Measures) Act 2020. The Treasury has now revealed the deadlines by which new and existing directors will need to apply for a director ID to avoid civil and criminal penalties.

Read more

MGD Tax update | October 2021

20 October 2021
A summary of recent tax developments and information that we hope you find interesting and useful. This update contains a wide range of information, with a particular focus on COVID-19 financial support measures available to businesses, tax on COVID-19 financial support payments, 2020-21 tax changes for businesses, superannuation for individuals, and key upcoming tax dates.

Read more

Back to the Bush! AVA Branch Meeting

23 August 2021
In July, the Australian Veterinary Association (AVA) North and Central Queensland Branches hosted their two-day “Back to the Bush” Branch Meeting. Stephen Furness and Richard Marsden from our advisory attended the event - here's a snapshot of the weekend.

Read more

Why you should consider reviewing your estate plan

10 August 2021
In this video, Andrew Albury discusses the trend we are noticing among clients with regard to estate plan reviews and why this is an important action item to cover off no matter one’s current circumstances.

Read more

Predicting the Future

28 July 2021
By Richard Marsden
In this paper, Richard Marsden explores how financial modelling can add clarity to financial decision-making, assist in planning retirement, and improve the prospects of achieving a financially successful retirement.

Read more

2021 BSB Showcase

26 July 2021
In early June, the 2021 Business South Bank (BSB) Showcase took place in the Plaza Ballroom at the Brisbane Convention and Exhibition Centre. Here is an overview of the event.

Read more

2021 RDAQ Conference

26 July 2021
Recently, the Rural Doctors Association of Queensland (RDAQ) hosted their annual four-day conference. Here is an overview of the conference.

Read more

ALERT: Newly passed superannuation legislation

2 July 2021
By Brad Hoffman
On 17 June 2021, two long-awaited bills passed through the House of Representatives and the Senate. This includes the Treasury Laws Amendment (Self-Managed Superannuation Funds) Bill 2020 and the Treasury Laws Amendment (More Flexible Superannuation) Bill 2020.

Read more

MGD Tax update | June 2021

28 June 2021
A summary of recent tax developments and information that we hope you find interesting and useful. This update contains a wide range of information, with particular focus on incentives to help businesses recover from the impacts of the COVID-19 pandemic, small business tax time errors to avoid, fringe benefits tax, year-end tax tips, and key upcoming tax dates.

Read more

EOFY superannuation tips

21 June 2021
Andrew Albury and Brad Hoffman discuss key considerations ahead of the end of the 2020/21 financial year including the bring forward of concessional contributions and the first indexation of the new limits put in place in 2017. If you’d like to discuss EOFY strategies specific to your own circumstances, please get in touch with your adviser.

Read more

How rational are we? Are we as rational as we think we are?

17 June 2021
By Rachel Barlow
Standard finance theory is designed to provide mathematically elegant explanations for financial scenarios based on assumptions of perfect rationality, perfect self-interest, and perfect information. Unfortunately, real-life does not quite operate with precise, elegant conditions. Humans do not always make simple, rational decisions or behave objectively; particularly in times of stress or challenge.

Read more

2021 Queensland Chain Reaction Challenge

8 June 2021
Recently, following months of dedicated training, John Barton and Brett Schmidt rode as part of the MGD/TRACTION Team in the 2021 Queensland Chain Reaction Challenge. Here is an overview of the ride.

Read more

Working Mums, you are worth it!

7 June 2021
By Mikaela Holmes
Whether you are working part-time, full-time, or not at all, mothers are a valuable asset for any household and one worth insuring. When undertaking an insurance needs analysis for clients, we consider various financial impacts, such as caring for someone who is sick or injured, or caring for children and running the household. These can all have a monetary value assigned to them and should be considered a need in the case of various insurable events.

Read more

Budget superannuation wrap up

24 May 2021
Andrew Albury and Brad Hoffman discuss the key superannuation announcements made by the Federal Government on 11 May including repealing the work test, extending access to downsizer contributions, legacy product conversions, relaxing residency requirements for SMSFs, and the removal of the $450 minimum monthly wage exemption for Superannuation Guarantee.

Read more

Wealth management team expands at boutique financial services firm MGD

18 May 2021
MEDIA RELEASE
Boutique financial services firm MGD has welcomed three highly experienced wealth management professionals to its expanding Brisbane-based team.

Read more

Federal Budget 2021 | Overview

12 May 2021
On 11 May 2021, the Government handed down the 2021/22 Federal Budget. Whilst this marked a return to the traditional timing of the budgetary processes, the content of the 2021/22 Budget continues to remind us that our economy and way of life has still not returned to full normality post the events of COVID-19. Here is an overview on the announcement.

Read more

Federal Budget 2021 | Taxation

12 May 2021
Federal Treasurer, Mr Josh Frydenberg, handed down the 2021/ 22 Federal Budget at 7:30 pm (AEST) on Tuesday, 11 May 2021. With the virus still a threat to the global and domestic economy, the Budget contains various measures to support businesses and individuals with job creation, incentives, tax relief, and superannuation changes. The tax highlights are set out in this post.

Read more