The Independent Adviser

Superannuation

7 Steps to End of Financial Year Success

Having a successful, tax-efficient financial plan is an ongoing process, but with the end of the financial year only two weeks away, it’s a good opportunity to review your strategies With significant proposed changes announced in the 2016 Federal Budget and an election looming, it is important to look at...

Seeking Clarity

Superannuation reforms during the caretaker phase In this ‘caretaker’ phase of Federal Government, financial planning is encumbered because we don’t know exactly which legislation will apply. There is some broad common ground between the major parties that might govern and also some differences. We’ve included a summary of how each major...

The Way Ahead

Superannuation alternatives Superannuation is the longest term planning tool Aussies have, yet it can be changed each year in the Budget – hardly the stability and certainty it needs.  Recent changes involve 9 years of effective retrospectivity for contributions made with after tax savings, despite political semantics. Regardless, superannuation is...

Superannuation Changes and The Importance of Advice

Yesterday the RBA dropped the cash rate to 1.75%, though we’re not in a recession. This reduces income from the defensive part of retiree portfolios. Then the Federal Budget last night changed the rules for using superannuation, which underpins most retirement plans. Some of those changes are beneficial for those...

Shifting Sands

Superannuation is a long term planning structure but successive governments have steadily tinkered with its rules, making it difficult to invest with confidence. Older investors will remember the minefield created by the Reasonable Benefit Limits (RBLs) of the Keating era. It was a great relief when Costello simplified it during...

Tax Changes Afoot

The wealth challenge for all Australians is our capacity to keep a highly valued currency, as it reflects our export strength. Currency is a measure of how wealthy we’re deemed to be by the rest of the world. At the height of the commodity boom, we exported large volumes at...

Taxing Times

While long-suffering investors wait to see whether rising global growth may be enough to push up interest rates, there is much discussion in Australian political circles about tax reform.  Any such changes are intended to be fair with judicious compensation, leaving tax incentives that encourage a stronger, wealthier Australia.  So...

Outlook for Tax Changes

Our Federal Government is seeking solutions for an agile, creative and innovative future with a balanced Budget that still retains public amenity and a strong international credit rating.  We need to boost productivity, infrastructure and innovation while creating jobs for the young, old and more women.  Apart from skillful management...