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What happens when I retire

What happens when I retire

Savannagh Close You’d be forgiven for thinking that retirement is as simple as hanging up the work boots, withdrawing your super balance and continuing to live your life, funded by a recently-accessible lump sum of cash. However, there are…

Capital Gains Tax

Capital Gains Tax

Shannon Ferney Did you know that your tax position can be affected by selling some assets? Capital Gains Tax, or CGT for short, is tax payable on any amount of money you earn by selling an asset for more…

The difference between an actual financial loss and a loss on paper, also known as an unrealised loss

Paper Loss

The difference between an actual financial loss and a loss on paper, also known as an unrealised loss John Pearson The share market can be a highly volatile place with wide-ranging annual, quarterly, even daily swings. Although this volatility can present…

Take Advantage of your Super

Take Advantage of Your Super⁠

Damian Rajah⁠ Generally, super access starts at retirement. However, what not many people know is that there are several ways you can access your super capital a little earlier. ⁠⠀⠀⠀⠀⠀⠀⠀⁠ The first way is via hardship provisions. This is when…

The Rise of ESG Investing

The Rise of Environmental, Social and Governance (ESG) Investing

Dominic O’Regan Environmental, Social, and Governance (ESG) is an approach to sustainable investing that drives positive environmental, social, and corporate responsibility outcomes, alongside financial results. ESG investing achieves this through consideration of the three ESG factors, along with taking…

Is Superannuation Tax Deductible

Is Superannuation Advice Tax Deductible?

Typically speaking, financial advice related to superannuation is not an eligible tax deduction for your assessable income outside of your superannuation and cannot be stated on your tax return. However, financial advice fees outside of superannuation can be tax…

Carrying forward concessional contributions caps

Carrying forward the concessional cap

In May 2016, a measure known as the ‘carry forward’ rule was introduced by the Government, allowing individuals to carry forward their unused concessional contributions (‘CC’) cap from previous financial years to a later year as part of the…

Consumer confidence back to pre-COVID levels

Consumer confidence back to pre-COVID levels

Australian consumer confidence is back to its pre-COVID levels, but not back its overall high point, according to analysis from AMP Capital.Consumer confidence rose again during June by 6.3%, but remained negative with an index reading of 93.7, below…