Finance News

From the monthly archives: September 2016

We are pleased to present below all posts archived in 'September 2016'. If you still can't find what you are looking for, try using the search box.

Paying Rent? Here Are Suburbs Where A Mortgage Is Cheaper!

Posted on Saturday, September 24, 2016
New REIV data shows that tenants can repay the mortgage on a $215,000 one-bedroom property for just $226 a week - $149 less than the suburb’s median weekly rent of $375. 

With a median apartment price of $328,000, one-bedroom apartments in Melbourne are also more affordable to buy than rent with weekly mortgage repayments of $345 - $50 less than the weekly median rent of $395. Read the rest of entry »

Budget Backflips - 500k Lifetime Cap Gone

Posted on Thursday, September 15, 2016

Today the Government announced significant changes to the proposed superannuation reforms, providing clarity and certainty for financial planners and clients around Superannuation. 

The news that the retrospective $500,000 lifetime non-concessional cap has been removed is something the we as advisers have been actively advocating for on behalf of members since the Federal Budget.

Below are the key proposals:

Read the rest of entry »

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