How the 2019 Federal Budget affects you
April 29, 2019 12:00 am Comments Off on How the 2019 Federal Budget affects youThe following links take you to that section of the 2019 Budget that affects you most.
The following links take you to that section of the 2019 Budget that affects you most.
Here's some food for thought and another reason why getting professional help from a financial planner is worth serious consideration.
In retirement, an Australian couple needs from $4,700 to $9,400 a year to pay for health care , according to the Association of Superannuation Funds of Australia, and the average cost of private health insurance rose 4.8 per cent in 2017, far outpacing inflation.
With Labor threatening to reinstate the 10 per cent test if elected, SMSF clients may want to make the most of their ability to claim deductions for personal contributions this financial year, says a technical expert.
Investors saw increased market volatility and uncertainty at the end of 2018, largely because of a changing investment landscape and slowing global economy.
The ATO has reminded SMSFs that are paying capped defined benefit income streams to members to ensure they are meeting their PAYG obligations.
In the financial services industry, advising people to spend money is like being a doctor encouraging ice-cream consumption.
The need to be studious about our financial future never goes away and ASIC is pushing hard to help us all understand this. Advice is very important but so to is having a good understanding of what is being proposed.
A quick look at these facts and figures and you'll be totally prepared for Tuesday's Budget.
As Australia’s $2.8-trillion super system attracts even more headlines than usual, more people may mistakenly assume that almost everyone in the workforce is covered by at least compulsory contributions.