Archive for the ‘General News’ Category

Best practice online security

By admin • December 4th, 2018

WHAT YOU NEED TO KNOW In order to ensure best practice security standards to protect the online communications between the financial institution and you about your personal information between, both parties have important and significant roles to play at each step of the way when you use their online services. These steps and the respective […]

What will you do with your tax refund?

By admin • December 4th, 2018

Thousands of Australians receive tax refunds every year. Some refunds won’t even cover the cost of a pizza to celebrate, however many are quite substantial. If you’re one of the lucky ones, what will you do with your tax windfall? If you go out and spend it, all you’re doing is giving part of it […]

Is a DIY Will kit enough?

By admin • December 4th, 2018

More than 45% of Australians don’t have a valid Will. If you die without one, your hardearned wealth (your estate) will be distributed according to the rules of intestacy – a government-determined formula. That may not divide your estate as you would like, and if your family consists only of distant relatives your assets could […]

Downsize your home, upsize your super

By admin • December 4th, 2018

Over 65? Thinking of selling your home? From 1 July 2018 you may be able to contribute up to $300,000 ($600,000 for a couple) from the proceeds of the sale of your home to your superannuation fund. This incentive, known as the ‘downsizer contribution’, is part of a federal government program to improve housing affordability. […]

Transitioning into retirement

By admin • December 4th, 2018

If you’re nearing retirement age but don’t want to stop work entirely, another option might be to transition into retirement by accessing some of your accumulated superannuation. For those over 60, Transition to Retirement (TTR) pensions are tax-free and TTR strategies can provide a number of benefits. Let’s look at some options available to 62- […]

Securing your network

By admin • December 4th, 2018

FOR BUSINESS OWNERS Many small businesses don’t have dedicated technology staff to install, configure and update their networks and the job is often left to somebody who may not have had formal training. While networks make it easy to share information within the office and with others, an improperly configured network risks allowing outsiders to […]

What is the pension loan scheme?

By admin • December 4th, 2018

Currently 1.8 million Australian homeowners receive some level of age pension, with around 700,000 on a part pension. What many of these part-age pensioners may not know is that, along with recipients of the disability support pension, carer payment and some other Centrelink payments, they are able to access some of the equity in their […]

Placing your family wealth in trust

By admin • November 28th, 2018

The basic function of a trust is to separate control and ownership. The result of using a trust is that assets are protected and profits are distributed in the most tax-effective way. There is no ‘one-size-fits-all’ type of trust. The trust you use depends on many factors, such as the type of asset or business, […]

Qualifying for the Commonwealth Seniors Health Card

By admin • August 31st, 2018

The Commonwealth Seniors Health Card (CSHC) provides eligible self- funded retirees and workers over pension age with concessions on prescription medicines and a range of other benefits, such as: • Bulk-billed doctor appointments (at the doctor’s discretion). • Lower PBS Safety Net threshold. • Concessions on health, transport and education costs provided by state governments. […]

Longevity in financial planning

By admin • August 31st, 2018

Everything we do has a time frame. Whether it’s when we want to wake up or decide to take a holiday, our everyday decisions often involve time. It’s no surprise that ‘time’ is one of the most used words in every language. We understand and use time concepts ‘all the time’, from a very early […]

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