First-home buyers get some help State and federal governments are creating new incentives to help first-home buyers get into the overheated housing market. Buying your own home is the largest purchase decision most people will make in their lives. However, a...
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Budet 2017: Proposed Tax Measures
Budget 2017 has proposed a few tax changes. Read about them here: Medicare levy Rises from 2.0% to 2.5% from 1 July 2019 to help fund the National Disability Insurance Scheme. Capital gains tax discount for investors in affordable housing Managed investment trusts...
Budget 2017: Housing Affordability
The Government has announced some Incentives to improve housing options. Among these, are: Allowing first-home buyers to save a deposit through voluntary contributions to superannuation Disallowing travel deductions for investment residential property Limiting...
Budget 2017: Social Security
Lots of Social Security changes have been proposed in Budget 2017. Here's a highlights list of some of these. Please note that these are not yet enshrined in law. Reinstating the Pensioner Concession Card This will be reinstated for pensioners who lost their pension...
Need to Understand a little more about the Downsizing Contribution?
As you're not doubt aware, the Federal Government announced it's 2017 Budget this week and one of the surprise outcomes was the Downsizing Contribution for those looking to move out of a larger family home. Here's a little more about how that works... Downsizing...
Are You Missing out on Government Entitlements?
The chances are you dutifully file your tax returns every year but are you making the most of your government entitlements? In this article, we guide you through some key entitlements available for families. Are you confused about your government entitlements? The...
Safeguarding your retirement plan
From wills to long-term budgeting, there’s a lot to think about when making your retirement to-do list. Here’s some tips to make sure you’ve ticked all the boxes. 1. Check your will Without a valid will, an administrator will be appointed to manage your estate,...
Government Entitlements for Retirees
The Government has legislated changes to the Age Pension rules from 1 January 2017, which it estimates will see 300,000 Australians lose all or part of their pension entitlements.1 If you are retired or about to retire, some careful planning now may put you in shape...
Safeguarding your retirement plan
From wills to long-term budgeting, there’s a lot to think about when making your retirement to-do list. Here’s some top tips to make sure you’ve ticked all the boxes. 1. Check your Will and Power of Attorney documents Without a valid will, an administrator will be...
Do you have a valid Will?
Creating a valid will is one of the most important things you can do to protect your loved ones. Here we explain how to go about it. Seek legal advice While DIY will kits can seem like an easy and inexpensive way to make a will, they can be fraught with pitfalls. Your...
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