Financial planning articles & tips

Navigating Landing: VanEck’s 2023 Q3 Summary

Please Note: This report was created and provided by VanEck. During the past quarter, the US government narrowly avoided defaulting on its debt. Like many of the previous 78 times Congress has acted to revise or extend the ceiling, this one came down to the wire. Many market participants thought this time would be different and that the comprom...

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Education Bonds: Unlocking a New Future

Education Bonds offer a blend of tax advantages, flexible investment strategies, and wealth transfer capabilities that set them apart from their counterparts. Recent innovative product design means Education Bonds offer an enticing strategy that not only caters to education funding but also embraces diverse financial needs. Education Bonds - Th...

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Myeloma Awareness: Protecting Your Finances in the Face of Health Challenges

In the news recently was the story regarding Sandy Roberts, a leading TV journalist, who was recently diagnosed with a rare cancer called Myeloma that he didn’t even know he had until he went into hospital to get checked after a fall. You can read all about Sandy below. https://www.news.com.au/sport/afl/legendary-commentator-sandy-roberts-dia...

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Are you still Eligible? Tax Offset Changes to Low and Middle Income Earners

Please Note: This post was first published by the Australian Taxation Office. Click here to read the original post. Check eligibility for the low income tax offset or low and middle income tax offset in the 2019 to 2022 income years. On this page Eligibility for the tax offsets Low income tax offset (LITO) Low and middle income ta...

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Maximise Your Returns: Mastering End-of-Year Tax Planning, HECS Hacks, Super Strategies, and More

Talking Property Tax with Julia Hartman: Episode 5 In our final episode before the end of the financial year, we'll be exploring the latest tax updates from across Australia, including: Important Changes to HECS/HELP Debt - Changes you MUST ACT on quickly! Each year your HECS debt and other student loans are indexed for inflation on the...

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Got Over $3M in Super? You Might Be Paying More Tax Soon

Note: This document has been prepared by Actuate Alliance Services Pty Ltd (ABN 40 083 233 925, AFSL 240959). At this stage, the measure is a proposal only and has not been made law. The information included below is based on the announcement made on 28 February by the Government and a Factsheet that has since been released by Treasury with some a...

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The great impasse: VanEck’s 2023 Q1 Summary

Please Note: This report was created and provided by VanEck. The events of the past few weeks are a reminder how fragile markets and banking systems can be. The events also served as a reminder of the lengths central banks and financial regulatory authorities will go to, to ensure the system remains robust. The US Federal Reserve (the Fed) move...

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Mapping Out Your Property to Make the Most of CGT Concessions

This blog was originally posted on Ban Tacs and written by Julia Hartman, founder of the Ban Tacs group and Chief Technical Tax Advisor for Empower Wealth Tax. This report is also referenced and expanded in our series, Talking Property Tax with Julia Hartman in Episode 4. Watch it here >> If your home is on more than 2 hec...

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CGT Now Affects Most of Your Assets, Even Gifting Jewellery…

This blog was originally posted on Ban Tacs and written by Julia Hartman, founder of the Ban Tacs group and Chief Technical Tax Advisor for Empower Wealth Tax. This report is also referenced and expanded in our series, Talking Property Tax with Julia Hartman in Episode 4. Watch it here >> Capital Gains Tax (CGT) applying t...

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Warning: Start a Diary of Your Home Office Use Now!

This blog was originally posted on Ban Tacs and written by Julia Hartman, founder of the Ban Tacs group and Chief Technical Tax Advisor for Empower Wealth Tax. This report is also referenced and expanded in our series, Talking Property Tax with Julia Hartman in Episode 4. Watch it here >> Despite objections from the Tax Ag...

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Navigating Tax Changes in 2023: Updates to Remote Work Claims, Renting And Victoria’s New Tax Grab 

Talking Property Tax with Julia Hartman: Episode 4 In our first episode for 2023, we'll be exploring the latest tax updates from across Australia, including:  Changes to working from home Expense claims: What expenses can you now claim on your 2023 tax returns and how to navigate these changes while maximising your tax deductions. ...

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A 2023 Festive Message from the Empower Wealth Team

Hi, Ben Kingsley here, Managing Director of Empower Wealth. Hello and welcome to my annual festive season message to you, our valued customers. Now I started delivering these messages all the way back in 2017. So this is the sixth year that I get to deliver this message where I talk about the broader market and also hone in in terms of how...

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Home Deposits Made Simple – Two Years at $200 Per Week and No LMI

This blog was originally posted on Ban Tacs and written by Julia Hartman, founder of the Ban Tacs group and Chief Technical Tax Advisor for Empower Wealth Tax. This report is also referenced and expanded on in our podcast, The Property Couch in Episode 417 | Home Deposits Made Simple – Chat with Julia, Michael & James! Give it a listen ...

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