Term Deposits Verses Shares

The Australian share market is hitting new heights, and of course the question now is whether it is overvalued, or whether it is still a good place to invest. Let’s start with a fundamental truth – nobody in the world can consistently accurately predict the movement of markets. Remember all the doomsayers who sold out …

Main Residence CGT Exemption

Capital gains tax on the family home has always been a confusing topic. For starters, your home is exempt from capital gains tax (CGT) provided it is in the name of the homeowners personally, and not in the name of the family trust or a company. Also, you can be absent from your home, and …

Power Of Compounding

I have often written about the power of compound interest. But I am still getting many queries asking what kind of investments offer compound interest. As one reader pointed out, the banks are only paying about 1.5% if you’re lucky, even though she has heard me mention returns of up to 9% per annum. The …

Deeming Rates

A slight rise in the age pension rates, and some small changes to the deeming rates, mean that many pensioners may now be slightly better off. Also, some retirees who did not qualify for an age pension because they were over the asset test cut-off point may start to qualify. Under the new rules a …

Splitting Super Contributions Between Spouses

Superannuation is always under attack, no matter which party holds government One thing is clear – you should always be on the lookout for strategies to prevent the consequences of changes that are certain to come in the future. One strategy is simple, legal, and highly effective -splitting your superannuation with your spouse. To be …