Financial planning

You are never too smart to get advice.

“In life, you need many more things besides talent. Things like good advice and common sense.” Hack Wilson In the financial world what constitutes good financial advice may not be seen straight away. Recent news from the banking royal commissions and our increased access to information it is not hard to understand why people rely […]

Freedom of movement could be the wealth of the future: Top passports

Along with privacy, we could see freedom of movement be the realm of the wealth. Having the ability to easily move around and perhaps work in another country may be the difference, especially as technology disruptions become larger and more frequent. According to the Age Newspaper and theHenley Passport Indexhere are the most powerful passports: […]

New HELP Repayment schedules

From 1st of July 2019 a new payment minimum of 1% at income of $45,881 and a maximum threshold of 10% at $134,573 For comparison here are this years HELP rates: 2018–19 repayment income thresholds and rates for HELP, SSL, ABSTUDY SSL and TSL Repayment income (RI*) Repayment rate Below $51,957 Nil $51,957 – $57,729 […]

Home attached to your business? Better read this

Cross-posted from An insolvency specialist is warning business owners to be alert to the risks associated with falling property prices, given the family home is often used as security for business finance. Trent Devine, a partner at Jirsch Sutherland, suggested that the huge boom in values – particularly on Australia’s east coast – has […]