Salary Sacrifice for a Better Retirement  

Salary Sacrifice for a Better Retirement  

A salary sacrifice plan to save tax and boost super benefits can be started at any time, but the beginning of a new financial year is best. That gives a benefit for the whole year. If a person sacrifices $100 per week of salary, over $5,000 extra is contributed....
Good Investment Returns Last Year

Good Investment Returns Last Year

The figures for 2022-23 are in. Most investment returns for the last financial year look surprisingly good. The average return on a typical diversified portfolio was 9.4 per cent according to investment research firm Lonsec. That is for a mix of 70 per cent growth...
Some Workers May See a Pay Cut

Some Workers May See a Pay Cut

Although there are no significant changes to superannuation rules as we enter this new financial year some of the limits have been indexed up due to inflation and the employer Super Guarantee rate is edging up as legislated several years ago. The Super Guarantee (SG),...

How Much to Spend?

Unlike most years there are no major changes to superannuation rules coming into effect from July this year. However one temporary Covid measure is being dropped meaning the rules will return to normal. The minimum payments that must be made from retirement pension...
Profit from Inflation

Profit from Inflation

Inflation continues to be a central theme in Australian life. We must all find more dollars to meet the rising cost of living. The people most affected are those with variable rate loans, particularly large mortgages. Could inflation be a benefit to anyone? Is there...