by admin | May 19, 2022 | Economics, Family, Federal Budget, First Home, Housing, Lifestyle, Superannuation
The Election on Saturday sees the LNP and ALP hungry for First Home Buyer votes Both policies are extremely different to each other and we will look at them in due course, but first I wanted to take the time to recap the policies that are currently available for...
by admin | Mar 25, 2022 | Economics, Index, Interest Rates, Investing, RBA, Retirement
The Fed has made a move, increasing the US cash rate by 25 basis points with another 6 rate rises planned for the year. Philip Lowe of the RBA is maintaining his “prepared to be patient” rhetoric, however that hasn’t stopped the 90day rate doubling in the past 3...
by admin | Mar 24, 2022 | Estate, Retirement, Superannuation, Tax
One of the legislation changes (read about them all by clicking here) is a change to the work test, which bumps out the ability to make Non-Concessional Contributions up to age 74 without having to work. This opens up a great strategy to mitigate the potential super...
by admin | Feb 16, 2022 | Economics, Family, Federal Budget, First Home, Housing, Insurance, Lifestyle, Retirement, Superannuation, Tax
First change we have is the Removal of the work test for NCCs and Salary Sacrifice. This means that clients aged between 67 and 74 will no longer have to meet the work test to make Non-Concessional Contributions (including using the bring forward rule, where all...
by admin | Jan 10, 2022 | Family, Housing, Lifestyle, Retirement, Superannuation
Over 65? Thinking of selling your home? Since 1st July 2018 you may be eligible 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...
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