text size
  • -
  • =
  • text size
  • +

Time to invest

If you don’t pay your credit card off each month, follow these simple steps to take control of debt.  Are you a ‘revolver’ or a ‘transactor’? Credit card holders can be largely divided into two camps – revolvers, who don’t pay off their card in full each month, and transactors, who always pay off their […]

Almost a third of Australian workers are being shortchanged on their super, a joint study by Industry Super Australia and Cbus report has claimed. The sheer scale of unpaid super is affecting thousands of a comfortable retirement and has prompted the Federal Government to investigate. Employers must contribute at least 9.5 per cent to the […]

Now is the time of year when many of us receive multiple super statements. We can think about rolling all of the accounts into one, but it may never happen. It somehow slipped into the too hard or too busy basket. When you receive more than one super statement, it’s time to consolidate. There are […]

Time to enjoy     Time to invest     

Ask Andrew Jewell

Q: I have been notified by my Payroll department that I need to review my salary sacrifice contributions. Why do I need to do this? Your Payroll department is letting you know that you may need to change your salary sacrifice contributions so that you do not have to pay extra tax or incur penalty […]

Is negative gearing right for me?

Some critics label it a tax break for rich people. Others see it as a way of helping ordinary Australians get a foothold on the property ladder.So how do you know if negative gearing is a useful strategy for securing your financial future? In its simplest terms, negative gearing means enjoying a tax deduction on […]

Almost one-third of Australian workers are part time, up from 28 per cent a decade ago. For some it’s because it’s all that’s available to them, but for many others it’s a lifestyle choice. It might be to spend more time with pre-school children, it might be to care for a family member or it […]

Is salary sacrifice worth it?

Salary sacrificing has the dual benefits of reducing your taxable income and boosting your superannuation.

Time to enjoy     Time to invest     

Ask Peter Scott – September 2016

Question 1: My wife and I are both 67 and we own our home. I receive a Superannuation Pension from First Super and my Wife and I receive a part pension from Centrelink. Could you please explain the changes to the Age Pension that start from 1 January 2017? Answer: You may be affected by the […]