The Sandwich Generation

Published: November 14, 2014

Caring for two generations at once can create new financial pressure on your household — so here’s how to lighten your load. The financial juggling act Running a household is tough enough on its own. You’ve got bills and school fees to pay, and groceries to buy — not to mention repayments on the home […]

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Put your tax return to work

Published: August 22, 2014

Why put a lump sum into super? If you’re thinking about investing your tax return in shares or a term deposit, you may be better off putting the money into your super instead. Because you’ve already paid tax on this money, you won’t be taxed again when you put it into your super. What’s more, […]

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Five ways to avoid sea or tree change disaster

Published: August 22, 2014

1.    Consider your needs No matter how fit and healthy you are now, there will come a time where things like the location of medical centres and hospitals will really matter. So check the town’s facilities and their proximity to where you live.Also think about the kinds of things you like doing — if it’s […]

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The pros and cons of SMSFs

Published: August 22, 2014

As at March 2014, there were 528,701 SMSFs in Australia, with a total of $558,553 million worth of assets.[1]There are many compelling reasons why SMSFs are so popular — and equally persuasive reasons as to why they don’t suit everyone. The pros If you’re a keen, experienced investor, with at least $200,000 to invest — […]

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Make the most of your super caps

Published: August 22, 2014

Even with the proposed law change to raise the retirement age, more than half of Australians think they won’t have enough super by the time they retire.[1] Adding extra to your super nest egg will not only benefit your future, but may offer you some attractive tax benefits now. But it’s important to understand the […]

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Deeming of ABPs: impact and opportunities?

Published: August 19, 2014

Q: How do Centrelink and the Department of Veterans’ Affairs (DVA) currently assess account based pensions for the purpose of the income test? An annual ‘income-free’ amount, also known as a ‘deduction amount’ applies to assets-tested account-based income streams. The ‘deduction amount’ is determined by a number of factors, such as your original pension account […]

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