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.

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...

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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...

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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...

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In focus: Mike Atkins

Recently we sat down with Mike Atkins, MGD client and long time McDonald’s licensee, to find out more about his life with the global fast food giant and how he is helping young people in his community look forward to a brighter future.

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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.

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Is your SMSF adviser right for you?

It’s no secret that SMSFs are regulated by a complex and frequently changing set of laws and regulations making maintaining compliance and optimal operation within this legal framework an increasingly challenging task. This is why many SMSF trustees (or directors of a trustee company) turn to specialists to help guide them through this maze to ensure their obligations are met.

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Moving to, investing in and doing business in Australia for the wealthy

Australia continues to develop its taxation and migration laws to attract wealthy foreign citizens to invest in and to live in Australia. Although moving to or investing in Australia can be attractive, expert advice should be obtained to ensure compliance with Australian regulations.

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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.

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High profile specialists join leading Brisbane boutique financial services firm

Boutique financial services firm, MGD Wealth, has enjoyed a bright start to 2016 with the addition of two very experienced wealth management specialists, Richard Marsden and Rachel Barlow, to its growing team.

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How sticky are you?

How sticky are you? How many of the dollars that you earn this week, this month or this year will you still have next year or the year after? Would your chances of building the best possible future for yourself (and your family) be improved if you could increase your stickiness? Of course it would.

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Senator: unfair to change super tax policy

Well-respected Liberal National Senator Matthew Canavan has today featured in SMSF Adviser responding to speculated changes to superannuation taxation policy. Senator Canavan said it would be unfair to change the tax arrangements for people’s superannuation balances (or their earnings) as many people have contributed to their fund for many years.

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2016 – Not a Very Happy New Year

Well the New Year’s here and global equity markets are not off to a great start. Most equity markets have recorded their worst start to a calendar year ever. And this comes on the back of calendar 2015 performances which in price terms were negative for most major equity market indices – and those that did record positive performances were mostly in the low single digit range.

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ATO taxes Chinese citizen on cash transferred to Australia….a timely reminder for immigrants

Case study: ATO taxes citizen on overseas cash transfers made to Australia after he moved here.

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In focus: Tony Kelly

Recently we sat down with Tony, a client and a friend, to find out more about his remarkable career and to get an update on his exciting new business venture.

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How to help your kids get into the property market

While other 70-year-olds may be planning exotic cruises or luxurious overseas holidays, state government veterinarian Colin McQueen continues to clock in at the Ararat export abattoir as he works to pay off the last of the three homes he bought in Melbourne’s inner northern suburbs for his adult children.

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Reframe your thinking and take control of your future — Part Two

In Part One of our discussion on reframing we considered the benefits of thinking about your income as an asset. Turning now from income to your investment assets, it can be equally valuable to reverse your thinking when it comes to your personal balance sheet.

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Reframe your thinking and take control of your future — Part One

We all understand that the way we ask a question can have a huge impact on the answer we receive. In academe, this is called framing and it refers the cognitive bias which causes people to react to a particular choice in different ways depending on how it is presented.

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