Time to reflect and reset for the year ahead
Many people use the Christmas and New Year time to reflect on the year that has just passed, often in a blur, and begin thinking about the future and how to achieve their hopes and dreams. It can be a good opportunity to reconsider financial strategies and goals. If that sounds like a good idea, […]
What Everyone Selling a Property Valued at $750K or More Needs to Know
Every vendor selling a property needs to prove that they are a resident of Australia for tax purposes unless they are happy for the purchaser to withhold a 12.5% withholding tax. From 1 July 2017, every individual selling a property with a sale value of $750,000 or more is affected.
Four financial goals to kick start the new year
The dawn of a new year sees many people setting new year’s resolutions such as losing some weight or giving up smoking. Similarly, the beginning of a new year is the ideal time for setting financial goals, and here are four practical ways you can kick your year off to a great start. Decide what you […]
Stepped vs level life insurance premiums
Often there is a preconception that life insurance gets more expensive as you age. In some cases, this is true because as you get older, you’re more prone to injury or illness and can be riskier to insure. There is a choice with your premiums: you may choose a stepped or level life insurance premium. […]
Super Concessions for First Home Savers and Downsizers
Does superannuation offer an avenue to help downsizers and first home savers? The Government seems to think so. Late last month the detail of the housing initiatives announced in the Federal Budget were released for consultation. We explore what’s on offer and the implications.
Would you buy a house with friends or relatives?
It’s not uncommon for friends and relatives to band together to capitalise on the investment property market. But what happens when it all goes wrong?