Time to invest
Unpaid Super – the issue is bigger than you think
March 29th, 2017
Almost a third of Australian workers are being shortchanged on their super, a joint study by Industry Super Australia and Cbus report has claimed. The sheer scale of unpaid super is affecting thousands of a comfortable retirement and has prompted the Federal Government to investigate. Employers must contribute at least 9.5 per cent to the […]
Why now is the time to roll-in your Super
March 29th, 2017
Now is the time of year when many of us receive multiple super statements. We can think about rolling all of the accounts into one, but it may never happen. It somehow slipped into the too hard or too busy basket. When you receive more than one super statement, it’s time to consolidate. There are […]
Ask Andrew Jewell
March 29th, 2017
Q: I have been notified by my Payroll department that I need to review my salary sacrifice contributions. Why do I need to do this? Your Payroll department is letting you know that you may need to change your salary sacrifice contributions so that you do not have to pay extra tax or incur penalty […]
Is negative gearing right for me?
December 20th, 2016
Some critics label it a tax break for rich people. Others see it as a way of helping ordinary Australians get a foothold on the property ladder.So how do you know if negative gearing is a useful strategy for securing your financial future? In its simplest terms, negative gearing means enjoying a tax deduction on […]
How going part time could impact your Super
December 13th, 2016
Almost one-third of Australian workers are part time, up from 28 per cent a decade ago. For some it’s because it’s all that’s available to them, but for many others it’s a lifestyle choice. It might be to spend more time with pre-school children, it might be to care for a family member or it […]
Is salary sacrifice worth it?
September 29th, 2016
Salary sacrificing has the dual benefits of reducing your taxable income and boosting your superannuation.
Ask Peter Scott – September 2016
September 29th, 2016
Question 1: My wife and I are both 67 and we own our home. I receive a Superannuation Pension from First Super and my Wife and I receive a part pension from Centrelink. Could you please explain the changes to the Age Pension that start from 1 January 2017? Answer: You may be affected by the […]
Things to consider before starting a SMSF
July 6th, 2016
Having an SMSF is not as easy as you may think. Here are some things you should consider if you are going to become one.