Why It Can Pay To Put As Much As Possible Into Super As the retirement day of reckoning looms, it’s common for Australians of a certain age to regret not putting more into their super earlier on. While recent changes to the super rules make it easier...
WHAT IS A BOND? At their most basic level, bonds are a way for one entity to raise money by borrowing from another. For example, governments and corporations issue bonds to raise money from investors when they need new sources of capital to fund their activities. When...
Innovating Your Financial Future: Introducing Our Partnership with Voyant [vc_video link='https://youtu.be/36oVC2MaEvU'] [vc_separator type='normal' position='center' color='#000000' thickness='1' up='20' down='20'] At FinPeak, our mission is to empower you to make informed and strategic financial decisions. Today, we are thrilled to announce our partnership with Voyant, a state-of-the-art financial planning platform...
The Effects of Inflation on Retirees Inflation denotes the overall price surge of goods and services in an economy, diminishing the purchasing power of money. Thus, while planning for retirement, it's crucial to gauge the future impact of inflation. In essence, the steeper the inflation during...
Since 2004 The ASFA Retirement Standard has served as Australia’s trusted retirement savings companion, providing a comprehensive breakdown of expenses for both a comfortable and modest lifestyle, for couples and singles to maintain a healthy, vital and connected lifestyle in retirement. It also estimates the...
Investing is all about putting your money to work to achieve long-term financial goals. But when it comes to investing, there are many options available, and choosing the right one can be challenging. Two popular investment choices in Australia are investing in property and investing...
Key Points: The government plans to cap tax concessions on certain higher balance super accounts from 1 July 2025. The proposed changes will subject earnings on amounts in the accumulation phase above $3 million to tax at the higher rate of 30%. Details that haven't been addressed include...
With June 30 fast approaching, it’s time to start thinking about your super for another year. We’ve put together five smart strategies that may benefit you now, and help boost your super. Superannuation Strategies Add to your super and get a tax deduction - if you are...
Last night the Federal Treasurer, the Hon. Josh Frydenberg MP, delivered his third Federal Budget. Here's a summary of some of the announcements that may impact you. Summary On the personal taxation front, the proposed changes include an extension to the low and middle-income earner tax offset...
Gearing simply means borrowing money to invest. It can be used to enhance the overall returns on your money by allowing you to make a larger investment than would otherwise be possible. The borrowed money can be used to invest in assets such as shares,...