(03) 9020 2905PORTFOLIO POINT: Sticky fingers reaching for the super pie again? If it’s true, they’re after YOU. You might not think you are “fabulously wealthy”. But what is that anyway? We … Read More SMSFs in Labor’s super sights
Tag Archives: tax
Fixed versus variable mortgage rates: how do you work out which one you should choose?
“I know what you’re thinking. Did he fire six shots, or only five … you’ve got to ask yourself one question: ‘Do you feel lucky?’ Well, do ya punk?” Thank … Read More Fixed versus variable mortgage rates: how do you work out which one you should choose?
Transition to more super
PORTFOLIO POINT: Ramping up your non-concessional contributions before starting the pension can aid transition-to-retirement plans. There’s little doubt that transition to retirement strategies have been, well, neutered, to a large … Read More Transition to more super
What are the key mistakes people should avoid when sorting out their tax return?
What’s not to love about tax time? The ATO wants to hand back some of the money it took from you! Billions of dollars raining from the sky. Okay, your … Read More What are the key mistakes people should avoid when sorting out their tax return?
Deciding when to shop online … and off
Next time you order in a pizza, put a big dollop of ice cream in the centre. Let it melt, then eat. Bad combination? Right, now you get Debt Man … Read More Deciding when to shop online … and off
What are some of the biggest mistakes people make when it comes to paying off their debts?
Not all debt is the devil. There are actually three kinds of debt: “dumb”; “okay”; and “great” debt. To categorise them, you need to ask two questions. One: Will the … Read More What are some of the biggest mistakes people make when it comes to paying off their debts?
Tax time is less than two months away. What should people be doing now to make it less painful?
A wise man (Daniel be his name) once told me: “accountants organise what’s already happened. Financial advisers organise the future.” And that, dear readers, is today’s exercise. Six weeks till … Read More Tax time is less than two months away. What should people be doing now to make it less painful?
What can a householder learn from how the Federal Government manages its Budget?
“Oooh, ooh! Me, sir, me! I know this answer! Please sir!” “Ye-e-es, Debt Man,” the teacher says hesitantly. (He always hestitates when I raise my hand.) “That you shouldn’t get … Read More What can a householder learn from how the Federal Government manages its Budget?
Take two for a DIY ruling
PORTFOLIO POINT: Here’s another major benefit of SMSFs – managing contributions over two years. The power of super as a retirement vehicle has plenty of boundaries. There are plenty of … Read More Take two for a DIY ruling
Super and the value of segregation
PORTFOLIO POINT: These assets stay here. Those assets go there. Segregation within SMSF can lead to better tax outcomes. The word “segregation” has some nasty connotations, most usually associated with … Read More Super and the value of segregation