Uncategorized
FROM BLOCKS TO BENEFITS
NAVIGATING THE PRACTICAL AND FINANCIAL REALITIES OF SUBDIVIDING YOUR PROPERTY Introduction: The Allure and Opportunity of Subdivision For many Australians, property is more than a home—it’s a cornerstone of wealth and security. As cities grow and land becomes scarcer, the opportunity to subdivide a property has become an increasingly attractive strategy for those seeking to…
Read MoreAustralian Property Prices
NAVIGATING THE WORLD’S MOST EXPENSIVE MARKET Introduction: The Global Stage and Australia’s Property Phenomenon Australia’s property market has long fascinated both local and international observers. With house prices reaching un- precedented heights, the nation now sits among the world’s most expensive markets, rivalled only by global hotspots such as Hong Kong and New Zealand. According…
Read MoreCareer Break to Travel
My partner and I want to take a career break to travel, how can we plan financially to make it possible? Taking time off work to travel or pursue personal goals can be incredibly rewarding, but it also requires thoughtful financial planning to avoid putting long-term goals at risk. The first step is understanding how…
Read MoreRedundancy Payout?
I’ve recently received a redundancy, what should I do with my pay out, and how can I make the most of it? Receiving a redundancy payout can be both overwhelming and an opportunity to reset financially. It’s important to understand how your payment is structured, what portion is tax-free, what is taxed concessionally, and whether…
Read MoreFamily Trusts and Estate Planning
A friend mentioned they’re setting up a family trust to protect their estate, how does that actually work? Family trusts are often used as part of estate planning to help protect assets and control how wealth is passed on. Unlike a will, which becomes a public document after death, a trust can provide greater confidentiality…
Read MoreInheritance: What to do?
I’ve recently inherited some money. What are the first steps I should take to make smart decisions with it? Inheriting money can be both an emotional and financial turning point, and it’s wise to approach the next steps carefully. Rather than making quick decisions, the first thing to do is assess your overall financial position.…
Read MoreDefined Benefit Super Fund
I’m getting close to retirement and have a defined benefit superannuation fund. How do I know if I’m making the most of it? Defined benefit (DB) superannuation funds can be valuable, but they also work very differently from standard accumulation-style funds. Your final benefit is generally based on a formula that could involve your years…
Read MoreBeyond Life Insurance: Exploring Trauma Insurance and Its Benefits for Young Families
Life is full of surprises, and while some bring joy, others can pose challenges that test our resilience. For young families navigating their financial journey, ensuring protection against unexpected health issues like cancer is crucial. Trauma insurance, often overlooked, plays a vital role in providing financial security during such times, complementing traditional life insurance options.…
Read MoreOpportunities await – Super changes from 1 July 2022
Changes to super contribution rules from 1 July may create a great opportunity to revisit yoursavings and super contribution strategies. The changes may create new or enhanced optionsto build your savings. Outlined below is a brief explanation of some of the key changes andhow you could benefit. Super changes aheadNow is a great time to…
Read More2022 Federal Budget Analysis
This year’s Federal Budget covers a range of measures aiming to reduce the pressure from increased costs of living and help people into homes. Note: These changes are proposals only and may or may not be made law. Summary Personal taxation Cost of living tax offset: The Low and Middle Income Tax Offset (LMITO) will…
Read More