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Category: Eureka Report

Four joint-venture options for your DIY fund

PORTFOLIO POINT: One joint-venture property opportunity, four distinct funding options. If you’ve considered JV property investments in your SMSF, you must read this. Purchasing property inside SMSFs is on the rise. You’ve only got to listen to real estate agents openly talking about how many trustees are signing on the dotted line. There can be […]

Are you good enough to run your SMSF?

PORTFOLIO POINT: How good/bad was your performance as SMSF investment manager last year? The number to beat was 3.35%. Maybe, just maybe, if the Australian market hadn’t crapped out in the last two months of the financial year, SMSF trustees would all have a little more spring in their step. As Australian shares are generally […]

An in-specie transfer

PORTFOLIO POINT: Reprieve on in-specie transfers! The legislation is too hard to frame, so you’ve got another year. As predicted here (28/9/12) just a few weeks ago, the ban on SMSFs making in-specie transfers has been put off by a year. SMSFs will be able to make in-specie transfers of shares (and other assets) into […]

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 extent, in recent years. If you were aged 55-59 and all of your super was taxable component (that is, predominantly concessional contributions), then the major […]

Super delays, but property is hot

PORTFOLIO POINT: A reprieve on the in-specie transfer ban? In any case, SMSF trustees are moving on … and moving pretty smartly. There appears to be a pattern. The government announces sweeping changes to superannuation policy. And, just as it’s due to come into force, something gets in the way and the changes are postponed. […]

The six big questions on superannuation

PORTFOLIO POINT: Yikes! The questions overflowed at last week’s bumper super webinar. Here’s some answers to the top six topics on your collective minds. Wow, it was an awesome response to the super webinar we held jointly with Business Spectator last week. James Kirby quizzed Bernie Ripoll and myself for an hour about the latest […]

Beating the superman syndrome

PORTFOLIO POINT: For very good reason, there’s a new mandatory requirement for SMSFs from July 1. In the enthusiastic rush to start your own self-managed super fund, there are countless mistakes that can be made. Thankfully, most of them aren’t disastrous. More of an annoyance. Messing up ABN and TFN documents, choosing the wrong type […]

Transfer countdown

PORTFOLIO POINT: The market’s recent slump is perfectly timed for those looking to make curtain-call in-specie transfers to their SMSFs. If you’re a trustee and enjoying life at the moment, you must have been sitting in cash. It’s been a nightmare five or six weeks. Few SMSFs that are loaded up with Australian shares are […]

Clear skies for geared property

PORTFOLIO POINT: SMSF property borrowing gets more appealing, thanks to the ATO’s response to trustee’s queries. It would appear there have been more questions than at a post-grand final press conference on the subject of SMSF property borrowing. But amid all the confusion, the good news is … your side won! Congratulations. Particularly those who […]

Picking a pension winner

PORTFOLIO POINT: Maximising income streams in retirement can involve financial magic, particularly where Centrelink is concerned Super pension income is tax-effective income. We all know that. It’s just a case of whether it’s tax-free, or tax-advantaged. If you’re over age 60, the income comes to you tax-free. If you’re under age 60, then a super […]