Posts

NOT A SCAM OR HOAX – recent Super alert from ATO

If you have recently received correspondence from the ATO regarding unclaimed Super, most likely it is not a hoax or scam. The ATO may have recently contacted you by email, SMS or letter, as part of a nationwide unclaimed superannuation campaign. It…

Personal deductible contribution opportunity deadline looming

Just a reminder that if you are an employee, you can now make a personal contribution to Superannuation from your cash savings and claim a tax deduction, hence you still have a few days left in this financial year. But be aware of what you…

Super Opportunities prior to 30 June

Are you eligible for the Government’s co-contribution? If your income is below $36,813, you may be eligible for $500 co-contribution (phases out up to $51,813). If you're a low or middle-income earner and make personal (after-tax) contributions…
property shares investment

Which is the better investment - shares or property?

Almost everyone understands the benefits of investing in property. However, the similarities and benefits of investing in equities compared to property are not so easily understood. With soaring property prices, investors need to explore…

Understanding the relationship of time to money, Part 2 – The Cost of Waiting to Invest

As previously pointed out, the key to successful wealth creation is understanding the relationship of time to money. Human nature dictates that we will do more of something when we understand it. By understanding key principles and turning…
Time_money

Understanding the relationship of time to money, Part 1 - The Rule of 72

One of the keys to successful wealth creation is understanding the relationship of time to money. Whilst a “get rich quick” idea might sound attractive, it is best to view those kinds of ideas as a hobby rather than a serious money-making…
safeguard your family wealth

How to safeguard your family wealth

Family wealth can take a lifetime to accrue, but can also disappear in an instant through poorly considered generosity. This 3 minute read may be one of the most important articles you have ever read! Many parents and grandparents are…
US election - how will it impact you financially?

US Presidential Election 2016 – How does it affect you financially?

After eleven months of campaigning, the US has now voted and elected its 45th President, Donald Trump. The election of Donald Trump to the presidency creates a great deal of uncertainty over both the economic and policy outlook for the US. In…
Brisbane Business Accountant - Children - how to help financially

How to help your children (and grandchildren) financially

There are many ways you can help your children and grandchildren financially. Here's a few simple ways to help with home deposits and retirement funds. For parents Tip 1: How to give your child a start with his or her home deposit Step 1: On…
Brisbane Business Accountant - John Oliver on financial advisors

John Oliver on Financial Advisors: how does Australia compare?

If you watch comedian John Oliver’s weekly HBO show ‘Last week tonight’ you will have seen him lambast the US retirement savings system, and particularly financial advisors. While his mentions of teacup pigs and stock-picking cats were…
Brisbane Business Accountant business coaching service

Should your Accountant be your Business Coach?

I met with clients this week who run a successful, growing business. It's growing modestly, but that's the way they like it. And they want to go national. They have their challenges, sure, but generally things are looking up. I visited their…
Brisbane Business Accountant - are you efficient or effective?

Are you Effective or Efficient?

And what's the difference? Does it matter? Don't these words really mean the same thing? No they don't, and being mindful of the difference can dramatically improve your results in life, work, business, and finance. Let me quote this adage:…
Brisbane Business Accountant - people seeking financial advice

What's the Value of Advice?

Paying hard-earned dollars for a TV makes sense. Paying a surgeon to have your appendix removed makes sense. Paying to have your car serviced makes sense. But why would you pay for professional advice? Surely you can make your own decisions…