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Welcome to Bruce Brammall Financial

Where does super stand this election?

  Bruce Brammall, 1 May, 2019, Eureka Report     SUMMARY: If super is your hot button for voting in this month’s election, here’s a snapshot of both parties’ super policies. A week out from the last federal election, the Coalition didn’t have a friend when it came to their superannuation policy. They were advocating […]

Put the negative gearing gun away

Bruce Brammall, The West Australian, 29 April, 2019 When political promises are made, you largely take them at face value. “Party ABC stands for this”. If given the opportunity to govern, this is the policy they want to implement. For whatever stated reasons. Most of the time, no matter your political colours, you should be […]

Truce be with you in debt star battle

Bruce Brammall, The West Australian, 15 April, 2019 Raising the white flag, when I was a really young lad, meant “surrender”. Giving in. Admitting defeat. It wasn’t until later that I learned it also meant a truce or ceasefire was being requested. Time to see if a negotiated settlement could replace hostilities. We recently had […]

Maximising your super contributions

Bruce Brammall, 17 April, 2019, Eureka Report SUMMARY: Don’t miss the opportunity to make bigger NCCs to your super fund by misunderstanding the rules. Here’s what you need to know. Getting money into super has become a great deal harder in recent years, with various layers of caps complicating one’s ability to contribute. There have been […]

Budget ‘back in the black’

Bruce Brammall, 3 April, 2019, Eureka Report             SUMMARY: Some will be able to pump an an extra $250,000 into super from the Coalition’s Budget. Can you benefit? We’ve become conditioned in recent years that when superannuation comes up in a Budget, it ain’t gonna be good. The bad streak […]

To top up, or pay down?

Bruce Brammall, 5 March, 2019, Eureka Report SUMMARY: Low interest rates make the strategy of topping up super instead of paying down the home loan a worthwhile consideration. If you’re in your 50s, do you smash the home loan? Or contribute extra to super? Does one strategy beat the other, or is it really just “same […]

Why SMSF and OTP just don’t click

Bruce Brammall, 19 March, 2019, Eureka Report SUMMARY: A win for some little SMSF people and the figures showing buying off-the-plan is a financial disaster. Within a few minutes of Mary and Rohan sitting down with me, my blood had started to boil. Not because of them. They were an ordinary, hard-working, lovely, professional couple. […]

Stay of execution for brokers a lifesaver for borrowers

Bruce Brammall, The West Australian, 18 March, 2019 Bank share prices took an unexpected dive last month. And it was a moment Australians should have stood up and quietly applauded. You should have been cheering for your own back pocket. And maybe just a little bank bashing, because it’s a sport in Australia and, hell, […]

Carnage and chaos reign on the super highway for SMSF trustees

Bruce Brammall, The West Australian, 4 March, 2019   Something about bad things happening in threes? Well, that’s how many DIY super fund car wrecks I saw last week. Each was opened for very different reasons and, of course, with the best of intentions – to get on the self-managed superannuation fund super-highway. Sadly, each […]

A new political party for SMSFs

Bruce Brammall, 20 February, 2019, Eureka Report   SUMMARY: DIY super fund trustees get political, forming their own party to take their interests to Canberra. Self-managed super fund trustees are feeling pretty peeved. Picked on and pilloried by politicians, many feel it’s time to rise up and stick up for themselves. They’ve been under attack, […]