Make the most of your private health insurance

Make the most of your private health insurance

Paying for private health insurance extras and never getting around to using them? About 14m Australians pay for some form of extras cover, according to figures from the Australian Prudential Regulation Authority (APRA). On average people pay about $600 annually for...
Top tips for keeping the winter blues at bay

Top tips for keeping the winter blues at bay

With the chill of winter closing in it can be hard to keep a smile on your dial. If shorter daylight hours and colder temperatures put your mood on the down low, here’s 10 ways to keep the winter blues at bay. Lighten up Laughter decreases stress hormones and boosts...
The Rise of Digital Payments

The Rise of Digital Payments

You’re about to enjoy a cappuccino from your local coffee shop, and you find yourself faced with an abundance of payment choices when the moment arrives to pay. Do you use your card? Cash? Your smart watch? Your phone? The chip embedded in your hand? (Just kidding)....
Savings vs Investments

Savings vs Investments

Savings and investments are both strategies that share a common financial goal – to grow your wealth. Despite this key similarity, there are a few differences between the two, and finding the right balance can assist you in building a more stable financial future....
Economic Update – August 2023

Economic Update – August 2023

In this month’s update, we provide a snapshot of economic occurrences both nationally and from around the globe. Key points: – Inflation has undeniably come down but is higher than Central Banks’ preferred range- Is there something different about this inflation...
Top Tips to consider before June 30

Top Tips to consider before June 30

Top up Super Make use of the generous super limits that may be available to you. Not only can you top up your super to the max limit of $27,500 but you could also have some unused super contributions that you could use to make extra top up contributions. These can be...
Federal Budget May 2023

Federal Budget May 2023

The 2023 Federal Budget focuses on providing cost of living relief through lower power bills, higher welfare payments and more support for small business and housing.Note: These changes are proposals only and may or may not be made law. Cost of living • Energy bill...
Maximising Personal Non Concessional Contributions

Maximising Personal Non Concessional Contributions

Maximising personal non-concessional contributions (NCCs) is a great way to build up retirement savings in a tax-effective environment, minimise the tax payable on super death benefits, and equalise super balances between spouses. However, there are some tips and...
Top tips for keeping the winter blues at bay

Re-contribution strategy

A re-contribution strategy can be a useful estate planning tool for those who want to minimise the taxable component of their superannuation death benefit paid to non-dependants such as adult children. This strategy involves withdrawing funds from a super account and...
More super – less tax

More super – less tax

The end of the financial year is fast approaching and there’s a great way to help you save on tax while boosting your super. By making an after-tax contribution to your superannuation before the end of the financial year, you could boost your retirement savings for...