Treasurer Josh Frydenberg delivered his maiden budget for 2019-20 on Tuesday night, potentially a few weeks before the Federal Election takes place in early or mid-May this year. One of the headlines from the announcement is the forecast of an estimated $7.1 billion surplus, which will be the first time the budget has returned “back […]
The 4 P’s of Spending
What are the 4 P’s of spending? Saving money is one of those difficulties for many people and being in the age of online shopping certainly presents extra challenges. It’s so easy to press a few buttons and before you know it, you’ve just spent your whole week’s wages in a few seconds. The next […]
Are you an emotional investor?
It’s a difficult question to answer yourself without considerable bias. And if you sat down and asked yourself about the types of decisions you make every day about your money, your answer might sound something like this: “No I don’t make decisions based on my emotions. I am definitely objective about the financial decisions I […]
Royal Commission Key Recommendations & Our Thoughts
Commissioner Kenneth Hayne has released the final report to last year’s 68 days of hearing where the banking, superannuation and financial services sector came under the spotlight for misconduct. Hayne’s final report included 76 recommendations, most of which the Morrison government and Labor say they will support and implement. Here are some of the key […]
Family Trusts Explained
Family Trusts are a popular small business structure. They can serve a wide range of purposes and be extremely useful vehicles for tax planning, financial planning and investment. We take a look at the basic principles of a family trust, their benefits and how they work. What is a Family Trust? Firstly, let’s unpack what […]