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Category: Eureka Report

Lower LVRs put a squeeze on SMSFs

    SUMMARY: Lending for SMSFs has been turned on its head. Does it still work as a strategy? It’s tighter, but yes. Property investment is a honey pot. It attracts everyone interested in making a dime. And not just from an investment perspective – developers and the lending industry too. Property’s role, from a […]

Did your SMSF smash the average?

    SUMMARY: Playing it safe gave no help for returns in 2017. It was all about risk. Did you get your SMSF to beat 7.93%? Every streak must come to an end. And for FY2017, that meant a year where being too defensive was a serious drag on your portfolio. It was a year […]

Making a mega super fund

        SUMMARY: What’s the biggest super fund that can now be built? Around $9.3m … and here’s how that is done. Want to build the biggest super fund possible? Do you want to have a self-managed super fund that smashes the $1.6m transfer balance cap and keeps growing, with millions taxed at only […]

Four strategies under the new super rules

      SUMMARY: Four strategies for SMSFs to consider immediately, now that super’s big changes have arrived. We’ve been talking about it forever, but it has finally arrived. Superannuation’s less-generous future is now on us. A future of lower contribution limits and of lower tax-free pensions and even taxed pensions. A time when it […]

Pension hazard ahead: Act now

                SUMMARY: It’s not too late for transition-to-retirement pensions to be updated to tax-free account-based pensionss. Here’s how. For a year, it has felt like we’ve been madly running a race that finishes on 30 June at midnight. For many, that was the case. A year-long marathon, with a sprint finish. […]

SMSFs cop it on some new angles

      SUMMARY: Limited-recourse borrowing arrangements (LRBAs) are under fire on two fronts, as government continues to struggle with post-July super legislation. If you can believe it, with just 9 days to go, we were still seeing the rules being written for superannuation post 1 July. I’m not kidding. In the last week of parliament […]

Getting ready for super catch-ups

      SUMMARY: Time to have a proper look at the five-year catch-up provisions – and how to make the most of them. It’s been a long-time coming for super members to get some sort of averaging provisions for tax-deductible contributions. The self-employed often struggle with annual “use them or lose them” concessional contribution […]

Timing is everything for June 30 contributions

      SUMMARY: Make sure you get your salary sacrifice sorted properly in the 30 June final countdown for contributions. Timing is everything. Normally top of mind when I’m swinging a golf club or a tennis racquet. But every June, you should have superannuation timing on the brain. This June in particular. We’ve not got […]

Federal Budget 2017: The super pros and cons

            SUMMARY: Super bonus for downsizing retirees the upside, property tax deductions the main downside from Federal Budget 2017. If you are a self-managed super fund trustee, it’s safe to take a breath. Take in a deep one. The Federal Budget was one that largely left SMSFs alone. It absolutely […]

Don’t always listen to the ATO

    SUMMARY: Put insurance at the top of your considerations when moving super from anywhere to anywhere. Sometimes the “advice” you get from the Tax Office is the worst advice you will ever receive. So bad, in fact, that it should be banned. Yes, correct. I repeat, the ATO should be banned from providing […]