Secure your future with a financial plan
There is no doubt the cost of living has increased to a point whereby most of us need to be aware of our finances. Simply logging on to your banking app and knowing the approximate value of any investments has…
Working from home deduction changes for 2022-2023
For the 2022-23 income year onward there are changes to the record keeping requirements and calculating working from home deductions. There are 2 methods to calculate working from home deductions: Revised fixed rate method Actual cost method The revised fixed…
Millennials are the winners in ‘The Great Wealth Transfer’
According to the 2021/22 edition of The Boomer Guide, Baby Boomers are spending their wealth more than any other generation. A recent study by the Productivity Commission has revealed Baby Boomers will pass on a whopping $224 billion each year…
Growing your Super
By growing your superannuation you can take steps to make a positive difference to your lifestyle in retirement. If you are, or have been employed, you should make the most of employer’s contributions by: Checking that your employer’s super guarantee…
3 money myths we don’t need anymore
There’s no denying our first financial lessons come from our immediate family or the people closest to us. However, the money lessons being instilled in us are rarely sound financial advice which will work in our favour. Here are some…
Top tips for small businesses
The last couple of years for business owners have provided for some unprecedented changes. Victorian small businesses have had to adapt to new technology and to seek opportunities to improve business practices and customer relationships. As we start moving into…
Record keeping for common business expenses
It is important to remember that whenever claiming business expenses in your tax return as a deduction, you must have the records to substantiate your claims. There must also be records as to how you worked out the business use…
Cyber Security Tips
Identity theft effects thousands of Australians every year. Stolen information is used by criminals to commit identity crimes. When this occurs, victims are left with a bad credit rating which can then impact their ability to get a loan, run…
How advisers deliver value in challenging times
We believe advisers are never more important than during periods of significant change. As the market transitioned from growth to value, change was everywhere, making the need for advice and reassurance with clients greater than ever. Over the past two…
Timing the market vs time in the market
2022 was a turbulent period for financial markets. The Russian invasion of the Ukraine, along with high inflation, increasing interest rates and slowing economic growth has resulted in falling asset prices. There had been a 9.6% decline in the ASX…