Superannuation Overview Why invest in superannuation? Superannuation is an investment environment designed specifically to help you save for retirement. Knowing what superannuation is and how it works can give you greater control and the confidence to make the financial choices that are right for your needs. For...
Early access to super - important considerations This is an exceptionally difficult time for many people. Accessing some of your super savings may help you to make ends meet until your circumstances improve. If you’re eligible, you may be able to make an application to withdraw...
An effective long-term contribution splitting strategy can significantly increase a couple’s shared wealth and increase their capacity to make more and larger contributions into super. A spouse contribution split can be of assistance in reducing a member’s total super balance below one of the trigger...
It is uncertain with the potential change of government how some of these strategies will fair going forward, however, as of April 2019 we know that there are things that you can do to make your super work harder for you. Tax-deductible super contributions You may be...
Here are some of the key changes that took effect on 1 July 2018 that could impact your situation or otherwise create opportunities for you and your family. Buying your first home? Status: Bill passed Effective: 1 July 2017 for super contributions and 1 July 2018 for release...
According to the ASG Planning for Education Index (link here) released in January 2018, the costs of educating your child through the private system could be as high as $475,342. It also estimates that it could cost $66,320 in the public system and around $240,679...
With the end of financial year (EOFY) approaching quickly, it’s now a great time to start thinking about some of the actions that you could be taken before 30 June to build your wealth tax-effectively. Your key priorities may include: Maximising super contributions without exceeding the...