What Wealthy Means to Australians in 2023
The tax perks of owning an investment property are considerable, but there are downsides for those who don’t know what they’re doing. So, how exactly does our tax system treat property investors?
Own An Investment Property? The Tax Perks – And Traps – You Need To Know
The tax perks of owning an investment property are considerable, but there are downsides for those who don’t know what they’re doing. So, how exactly does our tax system treat property investors?
6 Tips For The Young Investor In Today’s Markets
This also could be a great time to dollar-cost average. “Dollar-cost averaging” is the practice of purchasing a fixed dollar amount of a particular investment on a regular basis, regardless of the share price.
Changes to the Rules for the Commonwealth Seniors Health Card
A recent announcement of higher income thresholds for the Commonwealth Seniors Health Card (CSHC) has opened the ability to make changes to older Account-Based Pension funds without losing the card. The changes to the income thresholds for the Commonwealth Seniors Health Card (CSHC) may allow people with a pre-2015 Account-Based Pension fund to change how those income streams operate without any concerns they may lose access to the card.
Managed Super Funds vs SMSFs
There are a number of reasons why some Australians have both an APRA regulated superannuation fund as well as an SMSF. Still, first, it’s essential to understand the differences between the two. According to the Australian Prudential Regulation Authority (APRA) and the Australian Tax Office (ATO), Australians have around $3.5 trillion in superannuation investments, spread across more than 23 million different super fund accounts.