Author: prudentia

What are the government’s intentions with negative gearing?

Both the Treasurer and the Prime Minister have confirmed that Treasury is exploring changes to the contentious policy.

Read more...

ATO encourages trustees to use voluntary disclosure service

The ATO is encouraging SMSF trustees to use its voluntary disclosure service to inform it early if a contravention has occurred.

Read more...

Most Popular Operating Systems 1999 – 2022

Check out the most Popular Operating Systems 1999 - 2022

Read more...

Beware of terminal illness payout time frame

If an SMSF member is diagnosed with a terminal illness, it is best not to close out the fund before the insurance has been paid, says a specialist.

Read more...

Super sector in ASIC’s sights

The superannuation sector’s handling of retirement outcomes will be an area of focus for ASIC which has also committed to review SMSF establishment advice.

Read more...

Capital losses can help reduce NALI

Capital losses can be used to reduce or eliminate NALI tax exposures in relation to a tainted capital gain, says a legal expert.

Read more...

How investing regularly can propel your returns

Even investing small amounts on a regular basis will compound returns over time. 

Read more...

Investment and economic outlook, August 2024

Region-by-region economic outlook and latest forecasts for investment returns.

Read more...

What the Reserve Bank’s rates stance means for property borrowers

The funding gap between variable and fixed rate loans is continuing to widen.

Read more...

Warning to micro businesses. ‘Higher taxes for thousands of businesses’.

  The ATO’s draft guidance on personal service income and the general anti-avoidance provisions is likely to be a shock to many small and microbusinesses in Australia.  

Read more...

COVID early super release did little for financial, emotional wellbeing.

  The Early Release of Super scheme implemented during the COVID-19 pandemic had little impact on financial resilience or wellbeing, new research has shown.  

Read more...

Most Gold Medals in Summer Olympic Games (1896-2024)

Check out which country has won the most Gold Medals in Summer Olympic Games (1896-2024)

Read more...

Our investment and economic outlook, July 2024

Our region-by-region economic outlook and latest forecasts for investment returns.

Read more...

Striking a balance in the new financial year

By doing a few calculations you can easily see if your portfolio is still on track.

Read more...

Capacity doubts now more common

The partner of a legal firm specialising in superannuation has revealed the concept of SMSF member mental capacity is becoming more prevalent in estate planning challenges, prompting the need for practitioners to amend their procedures regarding all fund actions.

Read more...

It’s never too early to start talking about aged care with clients

Financial planning professionals should be having conversations with their clients as soon as possible about their aged care needs, says a specialist adviser.

Read more...

The five reasons why the $A is likely to rise further – if recession is avoided

After a soft patch since 2021, there is good reason to expect the $A to rise into next year

Read more...

Insurance inside super has tax advantages

One of the most significant advantages of holding insurance policies inside superannuation is the tax deduction for life and disability premiums that go towards paying out a disability superannuation benefit, according to a leading technical specialist.

Read more...

What super fund members should know when comparing returns

Why you need to compare apples with apples on super fund performances and fees.

Read more...

Most Spoken Languages in the World

Check out the Most Spoken Languages in the World

Read more...

SMSF assets reach record levels amid share market rally

How SMSF trustees are investing their retirement savings.

Read more...

Income-free areas set to increase from 1 July

People nearing retirement often want to know how much they can earn before it affects their pension, and now there is a bit of good news on the horizon for SMSF members who receive the Age Pension.

Read more...

Many Australians have a fear of running out

Longevity risk is a growing concern for many working Australians as well as retirees.

Read more...

LRBA interest rates increase for 2025

The safe harbour interest rate for related party limited recourse borrowing has changed for 2025.

Read more...

How to get into the retirement comfort zone

A third of Australians retire without a plan. Here's why you should have one.

Read more...

Compliance focus impacts wind-ups

The ATO’s strategic increased focus on compliance is having a noticeable effect on the sector and is now the most common reason why many SMSF trustees have closed their funds, the latest Investment Trends research has shown.

Read more...

NALE bill passed by parliament

The bill that will introduce changes to the non-arm’s-length expenditure (NALE) provisions has passed through parliament and is now awaiting royal assent before it can take effect, possibly as early as 1 July.

Read more...

TRANSITIONING INTO RETIREMENT: WHAT YOU SHOULD KNOW

Deciding on your retirement funding options comes down to personal choice. . If you’re close to retirement, chances are you’ve already spent time thinking about how to tap into your superannuation when you retire. Broadly speaking, you have a few options when you retire, as long as you’ve reached the minimum ‘preservation age’ when you’re...

Read more...

The Deadliest pandemics in History

Check out the Deadliest pandemics in History

Read more...

Middle-to-higher incomes boosting SMSF growth

The SMSF sector experienced healthy growth over the March quarter, with men and women on middle-to-higher incomes driving an increase in new funds established, according to statistics released by the ATO.

Read more...

Select a different month

News Archive

Heathmont Financial Services Pty Ltd (ABN 68 106 250 104) trading as Heathmont Financial Services is a Corporate Authorised Representative (No. 262098) of Knox Wealth Management Pty Ltd (ABN 74 630 256 227), Australian Financial Services Licence Number (AFSL) 513763.

Julian McGoldrick is an Authorised Representative (No. 262098) of Knox Wealth Management Pty Ltd AFSL 513763.

Financial Services Guide - Disclaimer & Privacy Policy

^