If you’re part of a family, here’s a quick run down on what Budget 2018 means for you
How the Budget may Affect Families
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First Home Buyers Assistance
First-home buyers get some help State and federal governments are creating new incentives to help first-home buyers get into the overheated housing market. Buying your own home is the largest purchase decision most people will make in their lives. However, a...
Budet 2017: Proposed Tax Measures
Budget 2017 has proposed a few tax changes. Read about them here: Medicare levy Rises from 2.0% to 2.5% from 1 July 2019 to help fund the National Disability Insurance Scheme. Capital gains tax discount for investors in affordable housing Managed investment trusts...
Budget 2017: Social Security
Lots of Social Security changes have been proposed in Budget 2017. Here's a highlights list of some of these. Please note that these are not yet enshrined in law. Reinstating the Pensioner Concession Card This will be reinstated for pensioners who lost their pension...
Budget 2017 – Who are the Winners & Losers?
WINNERS!! First home-buyers First home-buyers can save for a deposit by salary sacrificing into their super. Downsizers Downsizers, 65+, can contribute up to $300,000 each to super from the sale the family home regardless of satisfaction of the work test, total super...
Need to Understand a little more about the Downsizing Contribution?
As you're not doubt aware, the Federal Government announced it's 2017 Budget this week and one of the surprise outcomes was the Downsizing Contribution for those looking to move out of a larger family home. Here's a little more about how that works... Downsizing...
Significant changes to contribution limits to super could prove a challenge
The changes to super and tax laws proposed in this year’s federal budget, then revised and adjusted by the government in September, have been passed through Parliament and are mostly due to take effect from July 1, 2017. That means that you have until July to consider...
Good vs Bad Debt
Apparently, among richer nations, Aussies households are among the most in debt. Research from LF Economics, using official data, shows that Australian household debt has risen to 123% of the nation’s economic output, pushing both Denmark and Switzerland into second...
Property and super – beware the pitfalls
Recent years have seen a rush of investors buying property through super. But while the strategy has its advantages, there are also some potential risks to be aware of. The pitfalls While property has been a good performer in recent years, property investing still...
Government releases more superannuation legislation
On 27 September 2016 the Government released another round of draft legislation implementing a number of the changes to superannuation it announced in the 2016 Federal Budget. Many of these changes will apply from 1 July 2017 so it might be sensible to for you to...
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