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Paying taxes and maximising tax deductions

Paying taxes and maximising tax deductions

Tax time can feel stressful; however, paying close attention to allowable deductions may lower the tax you need to pay on your tax return. Here are some allowable deductions you may wish to...
5 common financial mistakes to avoid during a crisis

5 common financial mistakes to avoid during a crisis

The economic impact of the COVID-19 pandemic is playing havoc with finances for many households. In an ideal world, the financial boost should be enough and assumes that everyone was...
Balancing wealth and happiness

Balancing wealth and happiness

It can at times seem like life is a seesaw of logic and emotion. If you believe by emotion, then no amount of reason can talk you out of how you feel. It’s how some fall prey to a life of...
Super changes add flexibility

Super changes add flexibility

Just when you thought you had a grip on the superannuation rules, they change again. This time though, the changes are mostly positive, especially for older super members keen to top up...
Extension of the JobSeeker program

Extension of the JobSeeker program

The Government is extending the Coronavirus Supplement to eligible recipients to 31 December 2020. The amount of the Supplement will be adjusted to reflect the gradually improved economic...
JobKeeper changes announced

JobKeeper changes announced

The JobKeeper Payment has been extended by a further six months to March 2021, targeting support to those organisations which continue to be significantly impacted by COVID-19. From 28...
JobTrainer skills package

JobTrainer skills package

The Australian Government will invest $2 billion to provide hundreds of thousands of Australians with access to new skills by retraining and upskilling them into sectors with job...
Year in Review – Investment Insights

Year in Review – Investment Insights

Financial year 2020 has truly been a year of two halves. The first half was characterised by continued economic expansion, buoyant equity markets and historically low – even negative in...
A baby boomer’s retirement path

A baby boomer’s retirement path

Baby boomers are born consumers and love choice. For those unsure, a baby boomer is generally defined as those born just after World War II – 1946 to 1964. During these years, the number...
Family trusts under ATO scrutiny

Family trusts under ATO scrutiny

Family trusts have stood the test of time as a means of protecting family and business wealth, and managing the distribution of trust income in a tax-effective way. But the misuse of these...
New financial year – new perspective

New financial year – new perspective

The start of the financial year is always an excellent time to take stock of your current situation and visualise where you’d like to be in the future.  It’s fair to say this year...
5 Steps to Easing Anxiety After Lockdown

5 Steps to Easing Anxiety After Lockdown

With restrictions lifting in Australia, shops and cafes are reopening, social gatherings are permitted again and things are slowly starting to head back towards normal. And while many...
Making your wishes known

Making your wishes known

While Australia’s handling of the COVID-19 pandemic was among the best in the world, the speed and spread of the illness underlined just how fragile life can be. It was also a solemn...
Housing market: shaken but not stirred

Housing market: shaken but not stirred

With Australia in a COVID-induced recession, residential property is not immune to falling economic activity. Yet housing prices are proving surprisingly resilient.  Only months ago,...
Tax Alert June 2020

Tax Alert June 2020

With COVID-19 dominating everyone’s thoughts, employers are being offered a brief window of opportunity to get their tax affairs in order with the new Superannuation Guarantee (SG)...
How COVID-19 changes tax time

How COVID-19 changes tax time

As this financial year draws to a close, it will be viewed as a year like no other. COVID-19 (coronavirus) has impacted everybody’s life, albeit in different ways for different...
Instant asset write-off extended

Instant asset write-off extended

To further support Australian businesses through the fallout resulting from COVID-19, the government has extended the $150,000 instant asset write-off for an additional six months to 31...
The HomeBuilder program – government grants to eligible homebuilders and renovators

The HomeBuilder program – government grants to eligible homebuilders and renovators

The Government has announced the new HomeBuilder program to support jobs and boost demand in the residential construction sector at a time when the construction industry is facing extreme...
Unintended consequences of Government COVID-19 Policies

Unintended consequences of Government COVID-19 Policies

For every action there is a reaction. And while we’re not criticising the government’s policy response to COVID-19, we recognise that such intervention often has unintended...
Is your SMSF balanced?

Is your SMSF balanced?

The recent sell-off on global sharemarkets due to the economic impact of COVID-19 has highlighted the risks of depending too heavily on a single asset class. Even before the current crisis,...
How COVID-19 changes tax time

How COVID-19 changes tax time

As this financial year draws to a close, it will be viewed as a year like no other. COVID-19 (coronavirus) has impacted everybody’s life, albeit in different ways for different...
Maintaining your mental health through the pandemic

Maintaining your mental health through the pandemic

The COVID-19 pandemic has shifted our day-to-day lives in a dramatic way. One of the biggest changes to come from this period, was a transition to working from home for many people.  On...
End of Financial Year checklist

End of Financial Year checklist

It always takes some planning to get your finances in order for the end of financial year, and this year may look a little different, come June 30. The COVID-19 pandemic may have impacted...
9 retirement planning myths debunked

9 retirement planning myths debunked

We’ve all read internet fake news and passed down family stories about common retirement “rules of thumb”. Google the word “retirement” and you’ll get 748,000,000 results in...
Time to reassess your financial priorities

Time to reassess your financial priorities

At a time of uncertainty about the economy, not to mention unexpected social isolation, people are rethinking their personal and financial priorities.  Whether you are spending less by...
Starting over: how to bounce back after 60

Starting over: how to bounce back after 60

Have you ever gone through a major life event that forced you to start again? For some, it’s a scary time filled with change, anxiety and confusion. But it doesn’t have to be that way....
Keeping the economy moving

Keeping the economy moving

The Morrison Government’s mind-bogglingly large support packages to get Australians through the COVID-19 shutdown have dominated headlines, and rightly so. Only months ago, the Australian...
Withdrawing Super: what to consider

Withdrawing Super: what to consider

The federal government has been releasing details of financial support available to Australians who have lost income due the economic impact of the COVID-19 pandemic. A huge number of us...
The Importance of Maintaining Connection Right Now

The Importance of Maintaining Connection Right Now

“In the rush to return to normal, use this time to consider which parts of normal are worth rushing back to…” Many people around us have been using this time to consider the kind...
Why you need to keep your identity safe

Why you need to keep your identity safe

Have you received an unexpected email or text asking you to ‘confirm’ personal details by clicking on a link or opening an attachment? It could be an attempt to steal your information...

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