With media revenue driven by the number of clicks, headlines are becoming increasingly outlandish to lure in readers. As a media consumer of financial news, it’s vital to read media content throug[...]
Given the points raised earlier, more clients are enquiring how they can give their children a leg up in their own financial journey. This may be in the form of helping them buy a bigger home, fundi[...]
The modern day ‘bank robber’ wants to be your best friend. Verify everything. Don’t make assumptions. The scammers are professionally trained experts. Given these risks, many Banks are man[...]
The proposal to increase superannuation tax on earnings on member balances > $3m from 15% to 30% (i.e. 30% tax rate on the proportion of earnings >$3M only) was introduced to parliament on 30 No[...]
The Tax Office has recently increased scrutiny of Family Trust distributions to adult children (>18-year-old child) to ensure the child receives the financial benefit and enjoyment of the funds. Th[...]
The former government legislated three stages of personal income tax cuts commencing FY19 with the final stage to commence 1 July 2024 unless the Albanese government legislates to overturn this which [...]
Since 1926, the U.S. equity market has experienced positive returns: 56% of the time on a daily basis 63% of the time on a monthly basis 75% of the time on a yearly basis 88% of the time on a 5 year b[...]
We are living in exciting times with one of the most significant advances in history – the release of Chat Generative Pre-Trained Transformer (ChatGPT). Ask any question and get an eloquently worded[...]
Sadly, we have clients who have unknowingly been targeted by “professional” English speaking criminals who have hacked their main bank account resulting in financial loss. Unfortunately, this lo[...]
Minimum Pension Expected to Revert to 100% for Financial Year 2024 (FY24). The government did not announce any extension of the 50% reduction on the pension minimum drawdown requirements, which have[...]