Couples will have to work together as a “superannuation team” to avoid paying increased retirement taxes following the July 2 Federal Election. Tougher tax regimes will be imposed on superannuation by both the Coalition and Labor, but particularly those with larger balances. The Turnbull Government plans to implement the biggest shakeup for superannuation in a […]
Remember Tony “Plugger” Lockett? The former Saint who took my Swans to the 1996 grand final … the result of which is a little less raw because of 2005 and 2012. Legend. Sausage roll count of 1360. Kicked 100-plus six times, Brownlow medallist, four-time Coleman medal winner. But my admiration for Lockett occurred before he […]
SUMMARY: The reports of the death of TTR have been exaggerated. Still a worthwhile strategy, even if a little less effective. For many, it was almost too good to be true. A tax lurk that allowed a roundabout of tax minimisation that was effectively a handout to those over 60. Transition to retirement pensions. For […]
SUMMARY: The reports of the death of TTR have been exaggerated. Still a worthwhile strategy, even if a little less effective. For many, it was almost too good to be true. A tax lurk that allowed a roundabout of tax minimisation that was effectively a handout to those over 60. Transition to retirement pensions. For […]
Forget the phoney election “class warfare” grabbing the headlines, with Billy claiming this and Malcolm claiming that. There’s a bigger, more important, war erupting. Generational warfare. An economic one. And your side, like many a child’s football team, was decided at birth. The year of your birth is your battle line. Falling interest rates mean […]
SUMMARY: The Budget super changes are far from law. But, clearly, couples must work more closely as a super team from this instant on. If the Turnbull Government’s super changes are enacted, stand by for a flood of new super strategies. Of Biblical proportions. I’m stacking them up, ready to deliver in this forum. Strategies […]
Nobody predicted the scale of last week’s changes to superannuation. It was a big-bang, 8.7-on-the-Richter-scale, once-in-a-decade, event. While almost all of the changes had been floated, that all of them would be done at once … mindblowing. The wealthy will have gritted teeth. Those with seriously large superannuation funds will get whacked. But will it […]
SUMMARY: Mind-blowing changes to superannuation in last night’s budget. Here are some early, important, strategies. Welcome back to 2006. Last night’s Budget set superannuation back a full decade. But arguably it’s far, far worse. Getting money into super – from 7.30pm last night when the Treasurer stood to speak – has become much, much harder. […]
Finances go backwards occasionally. Precious few could say it’s never happened to them. Sometimes it’s because markets are imploding. Stock and/or property markets occasionally tank, temporarily at least flushing possibly considerable wealth down the s-bend. Other times, it’s because we’re out of work. It’s understandably difficult to move forward with no income and nothing to […]
SUMMARY: Finish off the super year with care – getting your contributions right is critical. Contributions to super funds are rarely made by accident. But many accidents can happen when making contributions to super funds. There are only about 2.5 months to go […]
© Bruce Brammall Financial 2009 -2025
Bruce Brammall Financial Pty Ltd as trustee for the Castellan Financial Consulting Unit Trust is an authorised representative of Sentry Advice Pty Ltd (AFSL number 227748). Bruce Brammall Financial Pty Ltd as trustee for the Castellan Financial Consulting Unit Trust is not authorised to provide credit services. All credit and mortgage services referred to on this website are provided by Bruce Brammall Lending Pty Ltd (ACL number 448881). The information contained within the website is of a general nature only. Whilst every care has been taken to ensure the accuracy of the material, Bruce Brammall Financial will not bear responsibility or liability for any action taken by any person, persons or organisation on the purported basis of information contained herein. Without limiting the generality of the foregoing, no person, persons or organisation should invest monies or take action on reliance of the material contained herein but instead should satisfy themselves independently of the appropriateness of such action.