The end of the financial year spells stress. For some of us, we leave it to our accountants to kick us into action and then scramble for receipts and invoices before 1 July. To help make things a little easier for you, we’ve prepared a checklist of the main things you need to prepare for […]
EOFY SMSF Checklist
Self-Managed Super Funds (SMSFs) are subject to an audit every year, so for SMSF trustees this can be a very busy period. There are plenty of rules and regulations around the management of an SMSF and it’s important you discuss your personal financial circumstances with your accountant or financial adviser. We’ve provided a general checklist […]
The Difference Between a Power of Attorney and an Enduring Guardianship
One of the questions most people answered incorrectly from our recent Financial Literary Quiz, is on the difference between a Power of Attorney and an Enduring Guardianship. It’s not a topic everyone likes to think about – the possibility of losing the capacity to make decisions about your finances, health and lifestyle, which is a […]
2019-20 Budget Wrap-Up
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 […]