Self Managed Super Funds

Superannuation is back in the news with a raft of recommendations from the Productivity Commission about ways we can make the superannuation system better. One area under scrutiny is Self Managed Superannuation Funds. The view of the commission is that many people running self-managed funds are insufficiently skilled, and often the returns of their funds …

Taking Care of Your Finances

Welcome to a new year – it has certainly started off with the huge degree of volatility. Much of it is due to uncertainty about economic conditions generally thanks to Trump, Brexit, and the ongoing conflict between America and China. But as we move into 2019 with all its hope and uncertainty, remember that there …

Budgeting

The Chinese “Curse” is “may you live in interesting times” and the coming year promises to be just as interesting as last year. In Australia, a change of government is a strong possibility which opens up the possibility of significant changes to franking credits, negative gearing, and capital gains tax. On the international scene, the …

Noel’s Credit Card Advise

Christmas is nearly upon us – unfortunately, it’s potentially the most dangerous and most frustrating time of the year. You can spend eleven months doing all the right things and making solid progress, and then find all your good work destroyed as the holiday season hits and you get caught up in the inevitable spiral …

Retirement Income Spin is not a New Thing

I have often heard older people talk about the way the pension system used to be. According to their recollections, part of the income tax you paid was supposed to be hived off and credited to a separate fund, out of which you would receive a pension for life. Because it was all so vague, …