Blog

September 27, 2017

The power of extra salary-sacrificed contributions

As the first quarter of 2017-18 draws to a close, it’s worth checking whether you are making the most of your ability to make regular salary-sacrificed super contributions. If your salary-sacrificing contributions are lagging, think about stepping up your contributions for the remaining nine months of the financial year. Your ability to step up your contributions – never overlooking the annual contributions cap – will much depend on your personal circumstances. There are, of course, two broad categories of super contributions – concessional (before-tax) contributions and non-concessional (after-tax) contributions, each with different annual contribution caps*. If you are thinking of […]
September 20, 2017

Generation – A Poem

Generation by Ron Le Pla When a nations short of volunteers and numbers in decline, A selfish generation says, “we just don’t have the time. It’s sad to see so many groups, have fallen by the way, When we lose all our volunteers, then someone has to pay. A country built on mateship, to give someone a hand, Is changing at a rapid rate, it’s hard to understand. Wasting time on facebook, with useless show and tell, Broadcast all their private life, who cares, so what the hell. Buying stuff that’s trendy, to keep up with the mob, A cost […]
September 20, 2017

Investing as a couple: the power of two

Self-managed super fund trustees could be described as forerunners for couples to save and invest together for retirement. Couples would make up the vast majority of members in these multi-members SMSFs, which, in turn make up the vast majority of SMSFs. Almost 70 per cent of SMSFs in 2014-15 had two members while another 8 per cent had three or four members, according to the tax office’s SMSF statistical report – March 2017 (the latest available). Superannuation law does not allow joint super accounts. Yet independent consultants and actuaries Rice Warner points out that self-managed super provides a “proxy for joint super”. […]