Tax update June 2024
June 3, 2024
Tax cuts ease the message of greater ATO oversight Every taxpayer can look forward to a tax cut from 1 July thanks to the centrepiece of the Federal Budget delivered in May. On average, taxpayers will save around $36 a week under the new rules, which were legislated in February.i The lowest tax rate in…
Enjoy the now and secure your future
June 3, 2024
Managing your financial situation always involves tension between how you live your life now and preparing for your future – whatever that looks like. The worry about not getting the balance right and making unnecessary sacrifices now – or not having enough money for the things you want to do in the future is a…
EOFY 2024
May 31, 2024
The lead up to 30 June can be a good time to maximise tax benefits that may be available to you inside super. With June 30 fast approaching, it’s time to start thinking about your super for another year. MLC have put together five smart strategies that may benefit you now and help boost your…
Centaur Financial Services Investment Update and Budget Briefing Event | 2024
May 20, 2024
On Thursday the 16th of May 2024, we had over 180 people join us at Currumbin RSL for the Centaur Financial Services Investment Update and Budget Briefing Event for 2024. We had valuable insights and perspectives shared by three of our distinguished speakers: Hugh Robertson CFP®, CIMA®, SSA® – Centaur Financial Services Managing Director and…
Federal Budget 2024-25 Analysis: What does it mean for you?
May 15, 2024
What does this mean for me? Treasurer Jim Chalmers has high hopes that his 2024 Federal Budget will rein in inflation earlier than expected, ease cost-of-living pressures and build a stronger economy in the future. It’s a Budget for the here and now, he says, but also for the decades to come. More than $8.4…
Market Movements & Economic Review – May 2024
May 1, 2024
Stay up to date with what’s happened in markets and the Australian economy over the past month. As eyes turn to the 2024-25 Federal Budget, stronger-than-expected domestic inflation was recorded for April. The markets have been subdued due to geopolitical instability and uncertainty around cash rates both in Australia and the US. The S&P/ASX 200…
The scoop on resources for EOFY and how it can help your super
May 1, 2024
Our good friends at MLC have provided a plethora of useful End of Financial Year (EOFY) resources to help educate and arm you with all of the important ‘in the know’ things that can help you leading up to 30 June. This blog post will provide you with: Whilst these resources are extremely helpful, we…
The art of refinancing
May 1, 2024
Refinancing your home loan has the potential to save you thousands, reduce your monthly repayments and free up your finances to achieve your goals. However, mastering the art of refinancing requires strategic planning, an understanding of the process and taking numerous considerations into account. Whether you plan on external or internal refinancing, here’s what to…
Caught in the middle: help for the sandwich generation
May 1, 2024
If you are feeling a bit like the meat in the sandwich you are not alone. The ‘sandwich generation’ is a growing social phenomenon that impacts people from all walks of life, describing those at a stage of their lives where they are caring for their offspring as well as their elderly parents. The phenomenon…
What’s all the noise about loud budgeting?
May 1, 2024
Loud budgeting is a trend that may have started as a joke but is being embraced by those who want to share their financial goals and priorities and in doing so, also improve their chances of achieving them. It was comedian and writer Lukas Battle who brought the term “loud budgeting” to the world in…
Living your best life in retirement
May 1, 2024
If you’re nearing retirement age, it’s likely you’re wondering if you will have enough saved to give up work and take it easy, particularly as cost-of-living increases hit some of the basic expenses such as energy, insurance, food and health costs. Fortunately, someone has already worked out what you might need. The Association of Superannuation…
Advisers shoulder massive wealth transfer – Financial Standard
April 29, 2024
Our very own Hugh Robertson was invited to chat with Karren Vergara from Financial Standard Magazine to talk about the huge responsibility Financial Advisers have in helping clients navigate the world of Intergenerational Wealth Transfers. Whilst Centaur Financial Services has recorded an episode of the PODCAST on this topic (click here to view), Hugh talks…
the PODCAST – Super & Tax Changes + EOFY Tips | Episode 13
April 16, 2024
Centaur Financial Services is delighted to share with you our most recent PODCAST – touching on all of the most recent and upcoming changes including EOFY tips and tricks to ensure you stay ahead of the super and tax game. You can catch the latest episode on Spotify or YouTube. This new episode has our…
Market Movements and Economic Review | April 2024
April 5, 2024
Stay up to date with what’s happened in markets and the Australian economy over the past month. Expectations of interest rate cuts later this year in Australia and the United States fuelled activity in the markets last month. Australian shares reached a new record high at the end of the month, driven by mining shares…
New Increased Super Contribution Caps
April 2, 2024
As the end of financial year gets closer, some investors are thinking about the most effective ways to boost their super balance, particularly with an increase in the caps on contributions from 1 July. The concessional contributions cap, which is the maximum in before-tax contributions you can add to your super each year without paying…
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