Selecting the right superannuation fund is a crucial decision that can significantly impact your financial future in retirement. With numerous options available, it's essential to understand the key factors to... read more →
There exists a persistent and concerning gender gap in superannuation. Women often find themselves disadvantaged compared to their male counterparts when building wealth for their golden years. Whether it is... read more →
Superannuation is a crucial financial tool designed to provide Australians with a comfortable retirement. While it's generally a long-term investment, there are specific circumstances under which individuals are allowed to... read more →
Estate planning is a critical aspect of financial management that often takes a back seat in the hustle and bustle of daily life. However, for those seeking to secure their... read more →
Loans to members continue to top the list of reported contraventions in self-managed super funds (SMSFs), according to auditor contravention reports submitted for the 2019 to 2022 audit years. Constituting... read more →
As the calendar year draws to a close, businesses often find themselves in a familiar but often challenging position – chasing invoices. A healthy cash flow is the lifeblood of... read more →
Superannuation, often called 'super,' is a vital part of Australia's financial landscape. It's a retirement savings system that's intended to provide financial security in your golden years. However, despite its... read more →
One of the most common questions from those entering or nearing retirement is, ‘How much money can I have before it affects my pension?’ Our answer is usually derived from... read more →
A Self-Managed Super Fund (SMSF) is a unique and increasingly popular retirement savings vehicle in Australia. SMSFs offer individuals and families greater control, flexibility, and investment choices than traditional superannuation... read more →
When estate planning, most people focus on what will happen to their family and their assets after they pass, often neglecting to consider what would happen if they were to... read more →
While the hustle and bustle of operating and managing a business can occupy your mind, it’s important not to forget your superannuation obligations to your employees. Those who fail to... read more →
In some circumstances, superannuation contributions can be claimed on your tax return if they are made to a super fund or retirement savings account. However, these circumstances are limited and... read more →
One of the most important decisions you have to make before you start a business is what structure your business will be operating under. This will be reflected in all... read more →
There’s been a lot of buzz around superannuation since the 2023-24 Federal Budget was announced. One such buzz involves the concept of ‘payday super’. Payday super has been introduced by... read more →
We have pleasure in enclosing a summary of the highlights from the Federal Government's May 2023/24 Budget. Amending measures of the former Government The Government will amend measures announced by... read more →
At our accounting firm in Newcastle, Australia, we take pride in providing exceptional financial services to individuals and businesses in the area. Our team of expert accountants offers a wide... read more →
Mortgage holders have just had the ninth consecutive interest rate rise as the Reserve Bank of Australia has announced an 0.25 per cent increase this afternoon to a cash rate... read more →
Coming out of the holiday period is usually a slow time for businesses but there’s never been a better time to get on top of things.A new year brings business... read more →
While Kim Kardashian attracts attention everywhere she goes, she recently caught the eye of the US Securities and Exchange Commission and was fined over $2 million for making one of... read more →
This article illustrates the importance of budgeting, saving and structuring loans to work in your favour, rather than purchasing on credit. The examples reiterate the importance of professional advice in... read more →