If only this had been available when I was studying Economics at University all those years ago in the Welsh hills. Check out this video for a great explanation of why governments are reducing interest rates, printing money and buying bonds. It is so user friendly that even the kids will love it! Once watched,… Read More Economics made easy
Hello, Another busy month of seemingly perpetual motion on this end! There have been some interesting highlights. The school holidays included a trip to Brisbane to watch short thing compete in a sports aerobics competition. If your daughters are thinking of going down this path, beware. Imagine listening to a well known eighties disco tune,… Read More October Reflect
Following on from the “talking to your parents about their finances” webinar, here is some further info for you. You need 3 documents to deal with your ageing parents, or for your children to deal with you! An enduring power of attourney – to make financial decisions, A will, and An enduring power of guardianship –… Read More Legal docs for Aging parents
The video is my first webinar and deals with talking about finances with your family, specifically talking with your parents about their finances, and the topic of aged care. Please share it with family and friends and of course, should you have any questions about anything, don’t hesitate to contact me: 02 8090 4112 or 07… Read More Webinar: Talking About Finances & Aged Care
Hi Everyone, Just managing to squeeze the August newsletter in before the end of the month – but I have many excuses including my birthday! The trees are budding, spring is near and I have 4 hand reared ring-tailed possums almost ready for release. Anyone want them released in their garden? Still, hand feeding possums… Read More August Reflect
Are you a fair dinkum Non-Resident? With 23AG exemptions no longer available, there have been a vast number of individuals who are wishing to be treated as non-resident for tax purposes from 1 July 2009. The ATO are aware of this, and over the next few years will check the cirumstances of those whose residency… Read More Are you Really a Non Resident
Here is a useful leaflet to read and remember for a future day. It explains the basics of aged care and how I can help your parents both access care, and structure their assets to maximise their pension and minimise their aged care fees. Add that to the estate planning tips that will be published… Read More Aged Care – Helping your parents with their finances
The government’s co-contribution scheme is still in force for the 2012/13 year -albeit in a watered down state. The government will contribute 50% (up to a maximum of $500) of a non-concessional contribution you make to your superfund before 30 June 2013. To be eligible, your taxable income + fringe benefits + salary sacrificed super must… Read More Contribute before June 30 for a free $500
I am sure you are all hanging on the edges of your chairs for my budget update. So putting aside the removal of the baby bonus, which has been done to death in the media (and in my opinion was about $1m short of an incentive to have more children), here are some other, perhaps more important,… Read More Budget Update 2013
The Federal Government has just passed legislation that gives them the power to take your money from your bank account if you have not used it for 3 years. What do you mean? That’s outrageous! The budget deficit has to be filled somehow. From the 31st of May 2013, the Federal Government will have the… Read More New Legislation
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