Super through the ages

Superannuation is not a set-and-forget proposition. It’s a long-term strategy, which must include planning and regular review to put you in the best financial position when you retire. The earlier you start planning, the better! Your first job If you’re over 18 years old, your employer must contribute 9.25% of your earnings into your super account. Super is compulsory for all workers, but you are legally entitled to choose your […]

Super Advice – Super Critical

The Australian Taxation Office (ATO) announced an increase in its monitoring of self-managed super fund (SMSF) operations by stepping-up its auditing of SMSF trustees in areas of income, tax and regulatory compliance specifically involving loans, related party transactions and SMSF returns lodgements. Funds with a history of compliance breaches will attract particular interest. After this statement was made, the SMSF Professionals’ Association of Australia (SPAA), suggested that the need for […]

Interest Rates

What do low interest rates mean for you? With interest rates in Australia at historical lows there has never been a better time to review your debts. It is also a good time to think about new loans and ensuring you structure them properly. There is many articles talking about ‘locking’ or ‘fixing’ your loans, and whilst this is may be a good strategy for new loans or loans requiring […]