Finance News
The 1st April flags the start of Q4, and the annual challenge of trying to avoid getting pranked for April fools’ day. But with the federal budget set to be handed down tomorrow, it remains to be seen whether it’ll be the Morrison government or the voting public who will end up the fools. Treasurer…
Read the rest of the entry »This is why we are financial advisers…………… Heading into any important life milestones, such as buying a house or having a baby, can be an exciting but also nervous time. Throughout those stages and others, we have enjoyed the piece of mind that has come with acting on the sound strategic financial advice from HFM.…
Read the rest of the entry »Homes zoned for some of Melbourne’s top performing public schools are delivering six-figure dividends for property owners, compared to neighbouring homes outside the catchment. New REIV data shows the median house price in highly sought after public school catchments are up to half a million more expensive than homes that border the zone. In…
Read the rest of the entry »Westpac has become the next big four bank to changes its interest only lending policies for both new and existing borrowers. Effective from 5 June, the bank will reduce the maximum LVR on new and existing interest only lending to 80%. This change will apply to owner occupier and residential investment loans, equity access loans…
Read the rest of the entry »The Budget delivered by Treasurer Scott Morrison has clearly tried to hit the ‘reset button’ from the unpopular and disastrous Budgets of 2014-15 and 2015-16. Gone are the stalled Budget measures from those past Budgets, replaced by concern over the weak wages growth and struggle that everyday families experience. The big concern for me is…
Read the rest of the entry »How the assets test will work in 2017 could increase your Age Pension entitlements, or take some or all of them away. With revisions to the Age Pension assets test just around the corner, it’s important to understand how the changes could impact you, particularly with part-pension thresholds somewhat tighter than initially projected. These thresholds…
Read the rest of the entry »Whilst I am not a regular watcher of the show one fund manager has described the 2016 year as an epic battle that could have been fought on Game of Thrones. What has been demonstrated time and time again is that having the largest army doesn’t mean you’ll win the war. The rulers of various kingdoms have…
Read the rest of the entry »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…
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