Most employed people in Australia can select their choice of superannuation fund. This comes from the Australian Taxation Office’s superannuation standard choice form, which you will need to complete when starting a new position. Whether you choose to stay with an…
Superannuation is an essential component of the Australian retirement system. However, it is not uncommon for people to lose track of their superannuation accounts over the years, especially if they have changed jobs frequently. In fact, there was over $16…
In 2019, “franking credits” were the hot topic leading up to the federal election. Franking credits were introduced under the Keating government in 1987 to eliminate double-taxation on company profits. Shareholders who were paying income tax were refunded money from…
Why Choosing A Super Fund Based On Fees Alone Is A Mistake We have all seen the ads on TV – Compare the pair - same income, same age, different superannuation balance and the reason is fees! It is a…
Towards the end of the year, people start to get philosophical about the last 12 months and start to wonder what the new year will bring. A lot of people make New Year resolutions that will improve their lives in…
Saving for a house can feel like an overwhelming and unachievable dream. Young Australians looking to enter the housing market are faced with the task of saving at least a 10% house deposit or 20% if they want to avoid…
The end of financial year is fast approaching. Once you get past all the build-up and hype over sales and bargains at this time of year, there are a few key things you could be doing to get more bang…
Here is what you need to be doing in your 20s, 30s, 40s, 50s and 60s to prosper in retirement. Do you know how much superannuation you need to maintain your lifestyle in retirement? Your super is designed to last…
Many Australians do not consult financial planners because of preconceived misconceptions they hold about advisers. No matter what your stage in life consulting a financial adviser is an investment in your future. A financial planner will work with you to…
Most of us are preoccupied with our current financial goals and needs — it’s only when we approach retirement that we start to focus on our superannuation. Close to three in five (56%) people are concerned about being able to…