Financial Planning
FPD 2024 Federal Budget Update
15 May
On Tuesday, 14th May, 2024, the Treasurer, Jim Chalmers, released the Government's 2024-2025 Budget. The Budget looks to help with the easing cost of living pressures with measures including tax cuts and energy bill relief, strengthening Medicare,...[Read More]
New Superannuation Caps
29 February
The annual contribution caps will increase on 1st July, 2024. Concessional contribution caps will increase from $27,500 to $30,000 Non concessional contribution caps will increase from $110,000 to $120,000 This presents increased...[Read More]
Tax Cuts Passed
29 February
The Government's revised Stage 3 tax cuts have passed. Effective 1st July, 2024, there are changes to a number of thresholds and tax brackets. What does this mean for you? There is opportunity to make contributions to Superannuation and...[Read More]
Why is my investment not performing? Some context for lower returns.
30 November
You may have received your statement or looked at your superannuation balance online lately and be wondering? Why has it gone backwards? Why is my investment not performing as well as the benchmark? These are all very valid questions. ...[Read More]
Tackling inflation
30 November
We all understand the effects of inflation. We are seeing the increase in prices when we visit the supermarket or go out to dinner. But is inflation higher for some households? Inflation peaked at 8% last year, has averaged over 5% for the...[Read More]
Changes to Taxation – reduced refunds & some pensioners paying tax!
5 October
The Low to Middle Income Tax Offset (LMITO) expired on June 30, 2022. We have found a number of clients impacted by this as they are getting their tax returns completed and finding their tax refunds are much less. In addition, retirees may be...[Read More]
5 Ways to Live Your Best Life After Retirement
26 January
Have you ever thought about life after retirement? If you have, you most likely think about the best things in life: a happy family, good health and wealth. The only way to make this dream retirement a reality is to have the right retirement...[Read More]