July 2020: Investment and Strategy Update
With the local share market up 32% since the bottom of the COVID-10 ‘Black Swan’ event on 23rd March (but still negative 16.6% since the all time peak on the 20th February), I thought the below graphic from Dimensional is interesting for the following…
New superannuation measures stalled before 30th June 2020.
Yesterday, The Commonwealth Parliament concluded its June sitting days and will now not return until 4th August 2020. There were mixed results for the superannuation sector and financial advice with some bills becoming law (FASEA extension (Deferral of when Financial Advisers need to…
June 2020 – Investment and Strategy Update
Looking at why investment markets are recovering during a recession and what strategies should be considered. The below graphic is from Vanguard. It shows how expected future returns have adjusted following the COVID-19 global shutdown. Despite fear selling news and the world entering…
June 2020 – SMSF & Super Update
An update on changes to the ‘work test’, spouse contributions and potentially the ‘bring forward rule’
Your 2020 End of Financial Year (EOFY) considerations
The COVID-19 pandemic has affected everyone’s lives, and SMSF trustees are no exception. While the worst of the pandemic is (hopefully) behind us, trustees still have difficult questions to ponder as they focus on how best to position their SMSF in 2020-21, as…
Across My Desk #4 – 5 things to consider before 30th June
Tip 1: Get up to $500 from the Government Co-Contribution if an individual earns under $53,564 (May benefit someone in your household). Tip 2: Get up to a $540 tax-offset if you make a $3,000 superannuation contribution for your spouse. Tip 3: You can…
May 2020 – SMSF and Superannuation Update
Below is a summary of changes for SMSF’s and superannuation accounts for the month of May.
May 2020 – Investment Markets and Strategy Update
Here is my update on investment markets for May and what strategies I am speaking about with my clients.
COVID-19 – Providing concessions for the LRBA in my SMSF
The economic impacts of the COVID-19 crisis are causing significant financial distress for many businesses and individuals. If your SMSF has a related party loan and is impacted due to the financial effects of COVID-19, you may be able to provide your LRBA…
