I’ve just finished perusing the recent Productivity Commission report on Superannuation in Australia. It’s named ‘Superannuation: Assessing Efficiency and Competitiveness – Inquiry report”. There is 700 pages of it plus 18 technical supplements, of which one alone “Investment Performance Methodology…
As a person who has worked shift work for many years, I was always amazed at how being tired basically just became normal. I often hear people say that it is a ‘routine’, that once you do a few night…
It’s a sad fact that most Australians feel they will never become wealthy. Exactly what ‘wealthy” means varies from person to person, but if most don’t feel they will ever reach their version of wealthy, then there must be reasons…
Don’t miss out on the property of your dreams! Without getting a pre-approval from the bank first, you can easily miss out on securing a home. Stories of heartbreak are common at auctions, where the buyer puts down a deposit…
I often speak with people who are buying property, be it first home owners, first time investment property buyers, or seasoned investors. In just about all cases they are borrowing money to complete their purchase, and thus taking on more…
Cast your mind back to a primary school English class as a 10 year-old and you will probably remember learning the terms ‘verb’ and ‘noun’. To refresh your memory, a ‘doing’ or ‘action’ word is known as a verb, while…
As of 2017, almost all tax-payers can make a private, personal contribution into their superannuation fund and then claim the contribution as a personal deduction when they do their tax return. You can contribute any nominated amount provided that your…
One of the common questions I’m asked is “how much money do people need in retirement?”. It crosses most people’s minds at some point because they don’t particularly relish the thought of ending their working life without enough money to…
Self Managed Superannuation Funds (SMSF’s) appear to be the “flavour of the month” of late. Whilst there is little doubt they are appropriate for some, they can also be a bad idea for others. Here are some indicators that a…
