Money, more often than not, comes in-between relationships and it can be difficult to say ‘no’ to a loved one or someone important to you. However, if you explain to them the reasons for saying ‘no’ and they genuinely care for you, they should understand and respect your decision. Having said this, if you find […]
Don’t believe everything you think about your retirement wealth
There is increasing investor autonomy in today’s world – the range of information available online and in the form of apps give investors an abundance of knowledge to manage their finances on their own. Theoretically anyway. On the one hand, freedom of information is great for expanding the financial literacy of individuals and allowing them […]
Are Gifts Taxable?
Are gifts taxable? I am frequently asked the questions, what are the tax implications of giving money away? If I receive money as a gift, do I need to pay tax on it? The answers are varied. The most recent that I heard was in a meeting with someone who mentioned their tennis partner told […]
Budget 2018/19
Before we all get too excited about the announcements made in the budget, let’s remember that everything reported are proposals that need to successfully pass through Parliament before they become law. And often that means being subject to changes throughout the process. But there are bits of good news. Let’s take a look at some […]
Revelations from the Royal Commission & Where We Stand
The revelations unfolding from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has lifted the lid on the behaviours of corporate executives and exposed a recurring void of the concept of “putting the interests of clients first”. In the second round of hearings focusing on financial advice, we […]