Compound interest takes time to show it’s power - it’s not for the impatient, but then most wealthy people (not merely those with high incomes) understand the importance of patience and discipline because that’s how they became wealthy in the first place, or grew their inherited wealth.

Read More

When it comes to maintaining your financial wellbeing in retirement, it’s important to understand that as you enter this phase of your financial lifecycle a certain shift in economic resources often occurs.

Read More

Having insurance through super can be a cost effective way of protecting you and your loved ones in the event of an unfortunate occurrence. However …

Read More

If your business has provided any benefits to your employees (including current, prospective or former employees as well as their associates) during the year, you may be liable for FBT.

Read More

Perhaps the most common type of objection is in relation to income tax, if you’re an individual or small business objecting to an assessment of income tax, you will have 2 years from the date the assessment was given to you.

Read More

In the event that you were to become totally and permanently disabled due to a sickness or injury and unable to work again, a total and permanent disability (TPD) insurance policy could play a vital role.

Read More

When it comes to building and maintaining wealth, super is widely considered to be one of the most tax-effective investment structures available.

Read More

The rollout of the AstraZeneca vaccine is set to begin in March as the first 300,000 doses landed in Sydney, with 1.2 million more doses due shortly from Europe before Australian partner, CSL, begins production of 50 million doses. The federal government said Australian health professionals will soon be delivering over 500,000 vaccinations a week, with general practitioners set to assist in the Covid-19 vaccine rollout in coming weeks. Health Minister Greg Hunt confirmed that Australia will keep its international borders shut for at least another three months with over 40,000 Australians still stuck overseas. GDP grew 3.1% in the December quarter, taking the yearly rate from -3.8% to -1.1%. The result marked the second straight strong quarter of growth as the economy continues to recover from Covid-19 led restrictions helped by high levels of monetary and fiscal stimulus.

Read More

On 31 March 2021, the Fringe Benefits Tax (FBT) year ends. With the ever increasing budget deficits, the ATO will be reviewing whether all employers who should be paying FBT are, and that they are paying the right amount.

Read More