Why it’s so important to talk about your finances According to this research1, one in two Australians don’t sit down regularly to look at their finances and one in three say that money is a source of conflict in their relationship. To put conversations about money...
Check the income to declare, when to report a loss, and deductions you can claim for managed investment trusts. Types of managed investment trusts Managed investment trusts include: cash management trusts money market trusts mortgage trusts unit trusts managed funds,...
Key takeaways People who are good with money are aware of their finances. They create budgets so they can be on top of their income and track their expenses They’re making saving and investing part of their routine Planning ahead with short and long-term...
About downsizer contributions If you are 55 or older, you may be able to contribute up to $300,000 from the proceeds of the sale (or part sale) of your home into your superannuation fund. A downsizer contribution is a non-concessional contribution, but it doesn’t...
Key takeaways If you’re an Australian resident and able to access the full Age Pension, you can receive up to $1,096.70 per fortnight for singles and $1,653.40 for couples (each) If you are working, you can earn up to $204 per fortnight for a single pensioner or $360...
Your superannuation investment grows through: your employer’s compulsory super guarantee contributions (concessional contributions) any voluntary contributions out of your pre-tax income, such as salary sacrifice and personal contributions you’re allowed...
