Managing your finances to meet your everyday requirements as well as your long-term goals can be a daunting and complex task. There are all sorts of issues you need to consider such as taxation, legislation, protecting your wealth and assets, associated costs and the inherent risks of investment.
When compiling a financial plan it is important that you understand how these issues will impact on you and what you should expect over time. If used properly, debt can be a very useful tool. Debt can be used to buy investments with potential to grow in value, like a house, shares and property. This strategy, known as gearing, may help you to build an investment portfolio faster than you could have otherwise. To help repay the loan you’ll have income generated by your investments and possibly some tax deductions.
Oracle names inaugural AR of the year
Blueprint Insurance director Anthony Latouf has won Perth broker Oracle Group’s authorised representative of the year award.
Group MD Graeme Dorrell says the inaugural award recognises Mr Latouf’s commitment to compliance, client read more...
2016-17 Federal Budget Update
Concessional contributions capped at $25k each year.
Lifetime limit of $500k for non-concessional contributions.
A limit of $1.6m an individual can move to the tax-free retirement phase.
Threshold for paying additional read more...
Small business Bills pass
On 15 June 2015, the Tax Laws Amendment (Small Business Measures No. 1) Bill 2015 and the Social Services Legislation Amendment (No. 2) Bill 2015 were passed by the Senate. These Bills give effect to number of announcements from the 2015 Federal read more...