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The spouse contributions tax offset may be beneficial if your partner is a stay-at-home parent, working part- time, or is out of work. Unfortunately, low-income earners are not able to accumulate a lot of money in their super fund. Fortunately, individuals are able to...

The Victorian Government’s Small Business COVID Hardship Fund will assist eligible small and medium businesses: whose operations have been severely impacted by COVID-19 restrictions that have been in place between 27 May 2021 and August 2021 that have experienced at...

Before you begin investing into property, it is important to understand the pros and cons, as there is a lot more to property investment than initially meets the eye. Recognising the pros and cons will equip you with the knowledge to make the right decision about an...

According to the Australian Bureau of Statistics, in 2017-18 the median superannuation balance for women aged 55-64 was $119,000 compared to a median balance of $183,000 for men of the same age. There is a gender gap in superannuation that the government is aware of....

Investing isn’t just about whether you have enough money, it’s also about researching the market to find the opportunities right for you. However, due to the availability of information, it is difficult to know where to begin your research. Researching the following...

If you have a Self Managed Superannuation Fund (‘SMSF’), the Fund is considered to be a trust and must therefore have a trustee. There are two options as to who the trustee can be. Barring a few exceptions, it can be the members individually or alternatively can be a...

Borrowing to buy a property in your Self-Managed Super Fund is a relatively new and exciting wealth creation strategy.  Though it is not suited for everyone, those that are suited to it should seriously consider the option. When the law first changed to allow SMSFs to...

As of 1 July 2018, people aged 65 years or older are able to make downsizer contributions into their superannuation fund of up to $300,000 from the proceeds of selling their main residence, as long as certain eligibility requirements are met. In the recently announced...

There are many fees associated with investing in property that impact overall cost and profit. Costs to buy and sell Buying and selling property involves multiple fees and costs: Stamp duty Conveyancing fees Legal costs Search fees Pest and building reports Should you...

How do you decide what amount of life insurance is the ‘right’ amount, especially when there are so many unknowns? Life insurance should ideally help cover your funeral expenses, pay off mortgages and assist with managing day-to-day expenses: Debt Various types of...