This is a true story. Only the personal details have been redacted for privacy reasons. Jack and Diane have been married for forty-three years. Jack is seventy-one and Diane sixty-eight. They have three children and seven grandchildren. Diane works four days a week in a local business - just because she enjoys ...
Last night was a very late night as I worked my way through hundreds of pages of budget documents produced by Treasury. You might well ask if I would prefer to be doing something else on budget night. The answer is a resounding YES but then, it has become a bit ...
A couple of weeks’ back I covered the rules around the timing of superannuation contributions. In line with the same theme, I thought it would be worthwhile to revisit some other important things to keep in mind about contributions, especially considering some of the significant changes that came into effect from ...
ANZAC Day, as we are all aware, is a national day of remembrance in both Australia and New Zealand that broadly commemorates all Australians and New Zealanders who served and died in all wars, conflicts, and peacekeeping operations and the contribution and suffering of all those who have served. But, are ...
As we move into the start of the fourth quarter of the financial year, it is timely that we turn our mind to tax planning and the things we need to be considering as 30 June looms ahead. Firstly, you need to be very mindful of the correct timing of superannuation ...
What am I talking about? I will try and provide a very simple explanation. The “Superannuation Sweet Spot” is recent terminology referring to the amount of money a person or couple needs to have saved in superannuation to ensure they achieve a reasonable level of income while maximizing their age pension. There ...
We have previously written on a number of occasions about the risks of internet-driven identity theft and perhaps, more importantly, the theft of our hard-earned savings. But did you know that thousands of Australians have indirectly ‘given’ billions of dollars of their super to the Australian Taxation Office (ATO)? This is not ...
As readers of the blog will know that to qualify for an age pension, you first need to reach the necessary qualifying age - which now can depend on the year you were born. You also need to be an Australian resident. According to the Social Security Act, this requires you ...
In the past week, there has been an enormous kerfuffle about Mr Shorten’s plans to abolish the refunding of excess franking credits. On the surface, this might look like a topic that is best ignored, however, there has been so much media commentary both in favour of and against the proposal, ...
Hardly a week goes by without mainstream media reminding us of Australia’s predominantly East Coast housing affordability crisis and just how difficult it is for young people to break into the housing market and buy their first home. The government has introduced initiatives such as the First Home Super Savers scheme, ...
PK believes people have the right to accurate, affordable and unbiased information that addresses all aspects of their preferred retirement lifestyle, thereby giving them the opportunity to make informed decisions that will empower them to live out their lives with dignity, certainty and security.
Tealey’s ambition is to change how people think about their retirement, he wants people to dream, plan and realise retirement is not defined by a magical age prescribed by the legislation.
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.
Connect with us