The 2024/25 Financial Year brings minor regulatory changes that may present opportunities to update your superannuation and investment plans. Increase to superannuation contribution caps. Superannuation contributions are limited each year based on annual caps. These caps have now increased for the 2024/25 Financial year. Concessional contribution caps have increased from $27,500 to $30,000 per annum. … Read more
Do you have big goals for your future, like buying property or retiring early? A good place to start is being mindful about your spending to get ahead with saving and investing. Beyond that, here are a few financial mistakes you could be making that could cost you: You have too much cash in a … Read more
The latest ‘Cost of Care’ report has revealed the financial burden of illness, costing some Australians millions of dollars. Zurich Financial Services has released its updated analysis on the growing incidences and cost of illness to help better understand the potential financial implications for Australians. It compares publicly available data on the prevalence, incidence, and … Read more
Check… that your Super is consolidated Multiple accounts mean multiple fees, eating into your retirement savings. Use the ATO’s online services to track down lost super and consolidate your accounts easily. Important Note – Make sure to check your insurance status before attempting any consolidation! Check… how you are invested Your super’s investment strategy should … Read more
The image of a standalone family home with a spacious backyard for the kids to play and a barbecue area for weekend gatherings was once the status symbol of society. An indicator of success and stability for all who held the title (deed). Has this dream now been retired to its resting place alongside the … Read more
