As we approach 30 June, now is the ideal time to review your finances, superannuation and long-term goals to ensure you're making the most of the opportunities available before the end of the financial year. At Watson Wealth, our financial…
Superannuation, or just “super”, is money set aside for you while you work, so you can live off it when you retire. In Australia, employers must pay a percentage of your wage into your super account. This money is invested…
Thinking about buying property through your super? You’re not alone. Many Australians are exploring SMSF (Self-Managed Super Fund) property investment. It sounds appealing—using your retirement savings to buy an investment property—and it can be a powerful wealth-building strategy. But like…
A Self-Managed Super Fund (SMSF) is a superannuation fund that allows individuals to take full control of their retirement savings. Unlike traditional super funds managed by financial institutions, an SMSF is run by the members who act as trustees. This…
Self-managed super funds (SMSFs) give individuals greater control over their retirement savings and offer flexibility in investment decisions. One popular strategy within SMSFs is using Limited Recourse Borrowing Arrangements (LRBAs) to invest in assets such as property. While LRBAs can…
A self-managed superannuation fund (SMSF) is a private superannuation fund that allows you to control your retirement savings. Unlike retail or industry super funds, SMSF members are also the trustees, meaning you can make decisions about how your fund is…
Many Australians have opened self-managed super funds (SMSFs) to control their retirement savings. In fact, according to the latest statistics from the Australian Tax Office (ATO), there are 603,432 SMSFs in Australia with a total of 1.1 million members - and…