19 10, 2017

Aged Care: It’s All About Cash Flow

By | October 19th, 2017|Categories: Blog|Tags: , , , , , , , , , , , , , , , , , |Comments Off on Aged Care: It’s All About Cash Flow

Author: Andrew Wem, Wealth Adviser & Lending Specialist As life expectancy in Australia increases, the need for a comprehensive Aged Care has become more important. One of the most important matters that need to be addressed when discussing Aged Care is ensuring an effective cash flow that will support you or your loved one. Effective [...]

20 09, 2017

Aged Care: Minimising Aged Care Cost

By | September 20th, 2017|Categories: Blog|Tags: , , , , , , , , , , |Comments Off on Aged Care: Minimising Aged Care Cost

Author: Andrew Wem, Wealth Adviser & Lending Specialist Are you concerned that entering aged care may cost you hundreds of thousands of dollars and don’t know what you can do to reduce these costs? If so, then please read on, as with some timely planning and research, there are several ways that can help you [...]

28 08, 2017

Aged Care: Aged Care Assessment and Facilities Review

By | August 28th, 2017|Categories: Blog, Uncategorized|Tags: , , , , |Comments Off on Aged Care: Aged Care Assessment and Facilities Review

Now that you (or a loved one) have decided, or been advised that it is time to look at living arrangements outside of your own home, there are some important steps you need to follow: Aged Care Assessment The first step is to call the Aged Care line on 1800 200 422 to book an Aged [...]

8 08, 2017

Aged Care: Home Care, Retirement Village or Aged Care?

By | August 8th, 2017|Categories: Blog|Tags: , , |Comments Off on Aged Care: Home Care, Retirement Village or Aged Care?

Whether you are looking for yourself or a loved one, when it comes to considering Home Care, or a move to a Retirement Village or Aged Care facility an ACAT (Aged Care Assessment Team) will visit you (or your loved one) in your home to observe capabilities and limitations. This assessment determines what type of [...]

8 08, 2017

ATO Email & Phone Scam

By | August 8th, 2017|Categories: Blog|Comments Off on ATO Email & Phone Scam

We would like you to be aware that there is a new telephone scam circulating. The caller claims to be from the ATO, and in most cases, they are prompting payment of a tax bill over the phone and threatening legal action if not paid immediately by credit card. Over the last few years, there [...]

14 07, 2017

Aged Care – All you need to know

By | July 14th, 2017|Categories: Blog|Comments Off on Aged Care – All you need to know

As Australia's population continues to age, advice in Aged Care is fast becoming a much-needed service. Given this and our commitment to help clients throughout their entire life journey, we are very pleased to advise that our very own Andrew Wem is now an accredited Aged Care Specialist. Regardless of whether you are planning ahead [...]

31 05, 2017

Companies & Other Trading Entities

By | May 31st, 2017|Categories: Uncategorized|Comments Off on Companies & Other Trading Entities

Small Business A small business is now considered to be one with turnover of $10 million or less. Lower tax rates for small business will be 27.5% rather than 30% (the rate for larger entities). Related Party Transactions Are there any outstanding loans to directors / associates? If so, these may be caught under what [...]

31 05, 2017

Individuals

By | May 31st, 2017|Categories: Uncategorized|Comments Off on Individuals

Super Government Co-Contribution entitlements mean that for low income earners the government will subsidise specific contributions. Changes to super contribution limits at 1 July will reduce the amount you will be able to contribute to super. Therefore should additional contributions be made before 30 June 2017? If you make any personal Superannuation contributions ensure that [...]

29 05, 2017

Federal Budget Summary – 2017/18

By | May 29th, 2017|Categories: Uncategorized|Comments Off on Federal Budget Summary – 2017/18

Personal Tax From a personal taxation perspective there were few changes of any material nature coming out of the budget. The most important point to note is the proposed increase in the Medicare levy from 2.0% to 2.5%  on 1 July 2019. Top personal tax rates will also increase at the same time. Small Business [...]

13 04, 2017

Women, Super and Wealth Summit

By | April 13th, 2017|Categories: Uncategorized|Comments Off on Women, Super and Wealth Summit

We are pleased to inform you, that through his long-standing relationship with the SMSF Association, Craig Banning has been invited to speak at a very important summit later this month. The Women, Super and Wealth Summit presented by the SMSF Association, FSC and proudly sponsored by the Commonwealth Bank will address a critical issue facing [...]