A strategy to consider before the end of the financial year is pre-paying expenses such as investment loan interest or investment management (financial advice) fees. Doing this might help increase your immediate tax deductions which will bring down your tax bill. Financial Advice Fees Generally, fees that related to producing taxable income are tax deductible. […]
Changes to insurance in super from 1 July 2019
You might have received a letter recently about changes to insurance in a super account you have forgotten entirely about. All super funds are required to send you a notice due to changes to insurance in super from 1 July 2019. Nearly all superannuation accounts have life insurance by default. Life insurance costs money […]
Test Your Financial Knowledge
Financial literacy is important whether you have a financial adviser or not. Having someone look after your financial household can give you the one thing money can’t buy; time. Whilst that’s a wonderful thing, it doesn’t mean that you should shut yourself off from all financial matters entirely. At Align, we believe it is important […]
Post-Election Policy Overview
The federal election results have come unexpected after weeks of opinion polling indicated a victory for the Labor party. It was a “miracle” win for Scott Morrison and a spectacular failure on opinion polling. Along with the Liberal win is the continuation of the following policies: Cash refunds for franking credit to continue for […]
Do elections impact market performance?
Election time can strike fear in the hearts of investors. Many may ask what the implications are to financial markets and thus their own portfolios during what feels like an even more uncertain future. And whilst it’s true there are significant differences in the two major party’s proposals that may impact some investors, looking at […]