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Opportunities 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…
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First Home Super Saver scheme – how does it work?
From 1 July 2022, if you’re a first home buyer you can release up to $50,000 (up from $30,000) from your voluntary super contributions to help you buy your first home. Under the scheme, voluntary concessional and non concessional contributions…
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…
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Inflation: what does it mean for me and my money?
Inflation is a hot topic at the moment. But what exactly is it, and how does it affect you and your money?Inflation is making news daily through wage inflation, energy inflation, food inflation, fuel inflation… and not just in Australia,…
Read MoreDownsizer Contributions to Super
Since July 2018 thousands of people have taken advantage of the Government’s downsizer contribution scheme by selling their home and making contributions to their super. This has allowed older Australians to have more money to fund their retirement.Although this is…
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