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Category: Eureka Report

How your DIY fund rates

PORTFOLIO POINT: Finally, you can take a good look in the mirror. The Cooper Review into superannuation has produced probably the best, and most fascinating, statistical analysis of SMSFs yet compiled. So, how exactly do you and your SMSF measure up? Are you an average SMSF member, with a taxable income of approximately $92,000? Are […]

SMSFs reasons to be fearful, phase three

PORTFOLIO POINT: The SMSF industry is being asked to stand up against the wall as critics take aim. Which parts should be salvaged in an extreme makeover? Jeremy Cooper has loaded his weapon for his investigation into SMSFs. And his weapon of choice appears to be a scatter-gun. The terms of reference for “Phase Three: […]

The “Peak SMSF” theory

PORTFOLIO POINT: Has your interest in DIY super peaked? A major study believes this is as popular as it gets for SMSF investing. “Investors’ inclination to run their own self-managed super funds has peaked. Over the next 15 years, SMSF growth by numbers and assets will slow. While they will double in size in assets […]

Super rich: You have been warned

With every speech that Superannuation Minister Chris Bowen makes in regards to Labor’s vision for the future of superannuation, the picture gets clearer. And exponentially more concerning. Significantly for Eureka Report’s readers – a large proportion of which are self-managed super fund trustees and self-directed investors – it seems increasingly likely that any “improvements” made […]

Eight ways to gear DIY super

PORTFOLIO POINT: Here are the top eight SMSF gearing tips from super strategic guru Grant Abbott. The onset of the Global Financial Crisis ruined a few global parties. Overzealous equity prices, securitisation, property, any company/instrument with too much debt. When reality (the fun police) was belatedly called in, a few “good things” came to an […]

Super noose tightens another notch

PORTFOLIO POINT: Heard about “reportable super contributions”? They’re another Rudd Government attack on the wealthy. Here’s how they work. Means testing was launched back onto the political agenda with the incoming Rudd Government, who decided to make a feature of whacking the wealthy to save a few bucks for the Budget’s bottom line. It was […]

DIY funds grow, as do their challenges

Two of the worst years for investing in the nation’s history and legal headwinds for trustees have not dented Australians’ desire to take personal control of their super. At the end of June, the number of SMSFs in Australia jumped above 410,000 for the first time – and the take-up rate only slowed marginally for […]

Now industry funds target SMSFs

PORTFOLIO POINT: SMSF trustees don’t have time to relax. They might need to take up arms against industry super funds next. The constant battles faced by trustees to protect SMSFs and their investment sphere must be getting exhausting for everyone. Earlier this year it was lobbying to keep imputation funds from being scrapped. A few […]

Keeping a step ahead of super tinkering

PORTFOLIO POINT: Super contribution and pension strategies are going to need constant tinkering to stay one step ahead of Rudd Government legislation changes. Considered research continues to highlight the difficulties being encountered by Australians trying to work within the new contribution rules to provide for their retirement following the Rudd Government’s halving of the concessional […]

The truth about DIY super and property

PORTFOLIO POINT: Residential property and your SMSF … today, we sort out a few misconceptions. There must be a great sociological explanation for Australians love of dirt, bricks and mortar. But I’ve not yet heard it. In unequal parts, it’s about security, because we understand property as an asset class, it’s less volatile than shares […]