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 (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...
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...
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...
Superannuation is an essential part of planning for your retirement. And while it may seem like a straightforward process, there are several strategies you can adopt to maximise your superannuation benefits. One such strategy is taking advantage of super contributions...
Want to help boost your retirement savings while potentially saving on tax? Here are five smart super strategies to consider before the end of the financial year. Add to your super – and claim a tax deduction If you contribute some of your after-tax income or savings...
The rebound in house prices has continued for another month, with values across the country rising 0.13% according to the PropTrack Home Price Index. After higher interest rates weighed on values during the second half of 2022, prices have now rebounded 0.43%...
If you’d like to pay down your mortgage faster there are some things you can do: Borrow less than you can afford – purchase a property that doesn’t use all your borrowing capacity. Save a large deposit – a larger deposit means a smaller mortgage and less...
Property prices across Australia have experienced a surprise jump over the past month. Australia’s largest five capital cities increased 0.51 per cent according to CoreLogic, led by Sydney which saw a 0.89 per cent rise. Melbourne increased 0.3 per cent, Perth...
Demand for high-quality office spaces has led to an increase in leasing deals for prime-grade offices, according to Colliers. The rebound has also led to average Australian face rental growth of 5.3 per cent across all grades. Head of Office Capital...
