Financial Planning, Superannuation

Your 30 June Superannuation Checklist

With the end of the current financial year fast approaching, time is running out if you’re planning to boost your superannuation balance before 30 June. Even depositing a small amount of extra money into your super account before 30 June this year could make a big difference to your overall retirement balance over the longer […]

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Financial Planning, Superannuation

Tax Planning: Maximizing Benefits Through Carry Forward Contributions

In the realm of tax planning, a deep understanding of superannuation contribution rules, such as the carry forward contributions rule, can lead to significant financial benefits. This rule is an effective strategy that enables individuals to increase their super balance while reducing their taxable income by leveraging unused concessional caps from previous years. It’s important […]

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Financial Planning, Superannuation

The Valuation Conundrum: Valuing Unlisted Assets in Australian Superannuation Funds

Unlisted assets have played an increasingly important role amongst industry super funds. As of June 2023, the average proportion invested by industry superannuation funds in unlisted assets was 16.4%, with approximately 4.8% allocated to both unlisted equity and direct property and 6.7% to unlisted infrastructure. In comparison, Australia’s largest superannuation fund, Australian Super, currently holds […]

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Superannuation

Get Your Super Together and Save

If you have had different jobs with different employers over your working career, you may have superannuation accounts with many different funds. Apart from the time it takes to keep track of these accounts, there are three more serious concerns of which you should be aware.   1 – Investment Strategy Choosing the right investments […]

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Superannuation

Property Investing and SMSFs – The Differences

Australians love to invest in property. And what’s not to love? It’s tangible, offers diversification and tax benefits, and can provide you with a good income and strong capital growth. The benefits of investing in property can be amplified when held within super and with changes to borrowing within Self-Managed Super Funds (SMSFs) over the […]

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