Downsizer Contributions – value for some is questionable!

In November 2017, legislation was passed that will allow certain individuals who sell their main residence to contribute up to $300,000 of the sale proceeds to superannuation without being constrained by the usual restrictions that otherwise apply to contributions including contribution caps and work requirements. The value of homes in most ...

Should life be this hard?

Have you ever tried to change your bank, electricity supplier or phone/internet provider? Why is it just so hard? A couple of years back I heard a theory that banks aspire to have multiple relationships with their customers. They work on the philosophy that the more relationships (i.e. accounts) a person has ...

Affordable housing – Is super the answer?

In its 2017 Budget, the Government announced several measures designed to ease the pressure on spiralling housing prices, particularly in the East Coast capital cities of Melbourne, Sydney and to a lesser degree, Brisbane. I was in Sydney recently on a personal visit and couldn’t help but notice the eye-watering prices ...

 

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