Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has...
The Reserve Bank of Australia (RBA) reduced the official cash rate by 0.25% last month, with the intent of jumpstarting Australia’s economy. With the official cash rate now at a record low of just 1%, it’s important to consider the implications for investors....
If you own a business, then it should be a primary focus of your financial profile and wealth creation strategy. Good business advice is probably the most important advice of all and can have significant impact on your personal tax planning and investment strategies....
Using a discretionary trust enables income to be distributed to companies and trusts associated with family members. A discretionary trust enables income with different tax characteristics to be streamed to family members individually. The structure can also be applied to non-family beneficiaries....
A common misconception with negative gearing is that it can only be used for property. False. Negative gearing can be used for any asset where some or all the purchase price is borrowed. ...
Self-managed super funds often come into consideration during financial planning, particularly for high-income earners. Here’s a quick run down of the top 8 insights from the 2019 SMSF Benchmark Report released by Class in March this year....
Positive gearing lets you make a profit on your investment from day one. Provided there is no capital loss, this can be a great way to make money. Problem is: everyone else has thought of that, too. Positive gearing a decent property investment is hard....
There are two ways to think about the price of anything. The first is the number of dollars it would cost to purchase that thing. The second is to think about what else we could spend our money on. This is called ‘opportunity cost’ and...
This Guide to Preparing a Medical Practice Business Plan has been developed to assist both doctors and practice managers understand the potential of their practices. It contains numerous practical tips and advice and identifies the main issues connected to planning and successfully running the practice....
Superannuation, or ‘super’ as it is more often known, is a cornerstone of most people’s personal financial management. Learn more about self managed super funds within this comprehensive article....
