What financial records do I need to keep?
Ever feel like you’re drowning in a sea of paper? Tame the paperwork today and reap the rewards tomorrow. Life can be complicated enough without all the administrative paperwork that often accompanies it. This is particularly true when it comes to your personal finances. If stacks of old bank statements, utility bills, receipts, insurance and […]
Make the most of the current super caps
Consider John and Jane’s story before new rules limit your super contributions and pension transfer options. John’s aged 65 and Jane is 60—they’re both about to retire. John has super assets totalling $2 million and Jane’s super balance is $300,000. Because neither has made a non-concessional contribution (NCC) recently, the three-year bring-forward rule hasn’t yet […]
Is Donald Trump’s honeymoon with investors over?
Key points – Donald Trump’s presidency comes with greater than normal risks. But his policy announcements should improve in quality over time and pragmatic pro-growth policies are likely to ultimately dominate populist policies. – However, the Trump honeymoon with investors is likely over with a short term period of correction/volatility likely to continue in shares, […]
The door is closing on super’s current caps
New laws will limit the amount that goes into super. Are you prepared for the changes? Following last year’s Federal Budget, new superannuation rules will take effect on 1 July this year. After 1 July, the amount of after-tax contributions you’ll be allowed to make to super will be limited and your super balance will […]
Estate planning and why you need a super plan
When it comes to passing-on your super money, you need to put specific plans in place so the right people end up with it when the time comes. You’d probably rather be doing something other than thinking about your own mortality. But because your super can become a significant amount of money, you’ll want to […]
Procrastination: Just do it. Eventually.
Move out of a rut and reach your goals with our five helpful tips. If you’ve been living in a procrastination comfort zone for too long, you’re not alone. And evidence suggests that taking a tough approach won’t help you either.i Research shows that procrastination has its roots in the brain’s frontal systems known to […]
Give your career a health check
Health… check. Finances… check. Career… check? Are you happy at work? Do you jump out of bed excited about tackling your next project? Or are you counting down the days until your holidays or retirement? If you answered ‘yes’ to the last question, it might be time to give your career a health check. We […]
What’s your biggest obstacle to financial success?
Science reveals how our human-hardwiring can get in the way and cost us much more than we think. As humans we have changed a lot over time. Vast periods of time have seen us adapt and evolve—from hunting for food to ordering online and as our behaviour has changed, our brains have developed. But even […]
The Top 5 Forgotten Tax Deductions for Health Professionals
With tax deadline coming up, it’s a good time to think about deductions – particularly deductions that are frequently missed when preparing your return. We asked Tax Expert, Luke Casley from Morris Cohen Glen & Co – “What are the top 5 forgotten deductions on individual tax returns?” – That is, all those deductions people […]
What does a comfortable retirement look like?
How much money you’ll need will depend on a variety of things. Have you got a plan in mind for when you retire? Is it to travel overseas, hit more balls on the golf course or spend time with family and friends? Whatever your goals, you’ll need to have a plan for how you’re going […]