The looming election

By Tuesday, June 28, 2016 0 No tags Permalink 0

Next Saturday, 2 July 2016, Australia will go to the polls to elect a new House of Representatives and a new Senate. The 2016 election is only the seventh election initiated by a double dissolution since Federation. The last double dissolution election was held in 1987 by the then Hawke Government; ...

Age Pension: a short history

By Wednesday, June 22, 2016 0 No tags Permalink 3

On 10 June 1908 the Invalid and Old-age Pensions Act received royal assent. From 1 July 1909 – Old-age pensions and the Invalid Pension became payable to the ‘appropriately qualified people’ within Australia. This new scheme replaced a number of very similar pension schemes – which had been implemented by the New ...

It’s all in the timing

By Tuesday, May 31, 2016 0 No tags Permalink 6

When is the best time to retire? To be honest – I have no idea. In the last week a ‘young’ man (60 years old) who I know decided it was the right time for him. He advised me that he is going to slowly transition to retirement by gradually decreasing ...

It’s all about transition…

By Tuesday, May 24, 2016 0 No tags Permalink 2

Back in the early 2000s we had a problem in Australia. We had a thing called a ‘skills shortage’. Skilled people were leaving the workforce to retire, and there was nobody to replace them. In response to this dilemma the government at the time came up with a rather neat idea. What ...

Moving the goalposts

By Tuesday, May 10, 2016 0 No tags Permalink 2

Don’t you just love it when the government and bureaucrats keep ‘moving the goal posts’? The superannuation announcements contained in the 2016 Federal budget are a classic example of shifting sands or a changing landscape, (depending on which cliche you prefer). Admittedly – we live in a world that is constantly ...

A ‘super’ budget

By Wednesday, May 4, 2016 0 No tags Permalink 8

It was a week earlier than usual; the Treasurer Scott Morrison simply couldn’t wait to get his first budget out! In line with expectations – the Federal Budget that was brought down yesterday included 11 measures specifically targeting superannuation. Depending on your perspective the announcements were a mix of both good, and ...

What doesn’t kill you…

By Tuesday, April 26, 2016 0 No tags Permalink 5

Last Friday on my drive home from work, while sitting in the usual afternoon traffic snarl and listening to the radio in my car, I was shocked by a news story regarding the death toll from traffic accidents during the Thai New Year celebrations – 397 people in just seven ...

 

The information contained within this website is provided in good faith. Any information is provided as a general guide only and does not take into account the objectives, financial situation or needs of any individual. Accordingly before acting on any advice or information contained within this website you should consider the appropriateness having regard to your specific individual objectives, financial situation and/or needs. Whilst every effort has been made to ensure the accuracy of the information, no liability shall be assumed on any ground whatsoever with respect to decisions or actions taken as a result of acting upon such information. We strongly recommend that independent professional advice be obtained and additionally a copy of any relevant Product Disclosure Statement before making any decision about whether to acquire a particular financial product.