BLOGS

Federal Budget 2016/17 Overview

Below I have set out a summary of the personal tax and superannuation changes announced in the budget on 3 May 2016. In summary, the tax benefits associated with contributing into super for higher income earners (i.e. > $250,000 p.a.) are proposed to be scaled back. Whilst it is still largely beneficial to contribute the …

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Should you choose fixed or variable rates?

With interest rates at historic lows and more talk of further interest rate cuts, many clients are wondering if they should fix their interest rate. Less flexibility It is important to note that fixed interest rates have less flexibility than variable rates. That is, if you break a fixed rate loan, you could be up …

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How to pay for a car? Cash or lease?

I’m often asked by clients whether they should pay for their car using cash savings or fund it via a lease. One theory suggests that you should not use debt to fund personal-use (depreciating) assets. This relates to the good-debt versus bad-debt principal. That is, if you use debt to purchase a depreciating asset you …

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How does the location of your house drive your investment strategy?

Click here to download a printable PDF The location of your “great Australian dream” can dramatically alter your wealth building activities and as such, you must take this into account when developing your investment strategy. Homes are typically not purchased with the sole or dominant reason of building wealth as there are many non-financial, lifestyle …

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What if you approached building your personal wealth with the same energy that you bring to your career?

Click here to download a printable PDF Have you ever met a tradesman that has many unfinished projects at home? They have all the knowledge, experience and tools to do this work themselves but fail to do so. Isn’t it ironic how these tradesmen will make improvements to a customer’s home but not their own? …

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