by orange_office | Apr 19, 2023 | Blogs
Many older Australians eventually reach a time when they need assistance with some of the tasks of daily living. In some cases their needs can be satisfied by carers visiting while they continue to live in their own home. In other cases residential aged care is...
by orange_office | Apr 13, 2023 | Blogs
Super fund members rarely think about how the value of their account is calculated and whether it is accurate. They accept the figure online or in the annual report. Is it accurate? Super funds own different types of investments. Most are traded on a market, with...
by orange_office | Apr 4, 2023 | Blogs
Tax deductible superannuation contributions can be very beneficial as discussed last week. It is also possible to make non-tax-deductible contributions to super. They are called non-concessional contributions and the limits on amounts allowed are much higher. The...
by orange_office | Mar 15, 2023 | Blogs
Last week brought the failure of a three small US banks. This triggered discussion of bank debt problems, particularly how difficulties at one bank could potentially spread to others if it was unable to repay money owing to them on time. Banks are superficially simple...
by orange_office | Mar 9, 2023 | Blogs
The Government proposal to tax large superannuation balances at a higher rate doesn’t sound unreasonable in principle, depending on the limit chosen and how the tax is calculated. Unfortunately, the Government has chosen a fairly low limit and says it won’t be indexed...
