SUMMARY: SMSFs who were pushing the boundaries on 0% related-party loans face big tax penalties from the ATO. When the Tax Office wants to close a door, they’ve been known … Read More Lending to your SMSF? Look out
All posts by Bruce
Most of us overindulge at Christmas. What are your tips for having a fun and happy silly season without the financial hangover?
NAH! Go the whole hog! Literally. Buy the fattened pig! It’s the annual Christmas spendathon. Make it your mission to kick-start the economy. Why deny retailers a little Christmas joy? … Read More Most of us overindulge at Christmas. What are your tips for having a fun and happy silly season without the financial hangover?
Here comes the investment property squeeze
SUMMARY: Property investors copping one in the neck – intense focus from regulators and FSI to cool the property market. Property investors must be wondering why a red bullseye suddenly … Read More Here comes the investment property squeeze
What are the best ways for people to save money on their life insurance?
Let’s start easy – no insurance at all will save thousands of dollars a year. And if you’re a nihilist, don’t really love your spouse and kids, or believe you’re … Read More What are the best ways for people to save money on their life insurance?
What are the best ways for people to save money on their life insurance?
Let’s start easy – no insurance at all will save thousands of dollars a year. And if you’re a nihilist, don’t really love your spouse and kids, or believe … Read More What are the best ways for people to save money on their life insurance?
Morphing mortgage from millstone to firm friend
When you decide that you really hate something, it’s funny how you can see all of the faults so much more clearly. Like the snivelling moron you sit next to … Read More Morphing mortgage from millstone to firm friend
Protect yourself using super
SUMMARY: Superannuation is not just about your retirement. A secondary purpose is to protect yourself and your family. Super is that great promise that you’ll have a grand sum of … Read More Protect yourself using super
Are travel money cards a good idea for Australians planning to holiday overseas?
On my first big overseas trip, back in the mid 90s, I loaded up my credit card with cash. While I was drawing on my savings, I made cash advances … Read More Are travel money cards a good idea for Australians planning to holiday overseas?
An income stream in the family home
SUMMARY: Reverse mortgages are likely, eventually, to become a mainstay of retirement planning. The day is coming when governments will declare that the family home is no longer sacrosanct when … Read More An income stream in the family home
Learn to love your mortgage
When you decide that you really hate something, it’s funny how you can see all of the faults so much more clearly. Like the snivelling moron you sit next to … Read More Learn to love your mortgage