Category Archives: Money


I recently read a very well written piece from Dr Shane Oliver, Chief Economist from AMP Capital Management. So upfront, I will be referencing Dr Oliver and I am giving him credit for much of the discussion points that I


The Australian Government has provided a stimulus package amongst other financial assistance to counter the impact on the economy and the wellbeing of Australians due to Covid-19 virus. What has not been publicised, is how current asset test assessment thresholds

Footballers and high impact sport and recreation enthusiasts! Take Note!

Over the past year, we have had five clients who were injured during sport and recreation pursuits who were assisted with claims under income protection and specified injury cover. In the previous two years there were a similar number of


When I was 14, my grandfather who was 91, transferred his share of the family farm to my uncle and father, who then had to pay gift duty on the value of the gift. They figured that was better than


I have been bemused by some opportunistic advertising and media commentary regarding the great returns coming from superannuation the past calendar year and the boost to the average returns over 3, 5 and 10 years. It is now more than

Council Finances – Still a Mess!

Last month we wondered if MidCoast Council had made “ . . . The Dumbest Deal EVER?” We revealed some of the key financial provisions relating to the project entitled ‘The Forster Civic Precinct’, which is not really a ‘Civic Precinct’  but a library

Aged Care and Granny Flat Provisions

There are incentives for families to step up and provide care for their loved ones rather than aged care facilities. One of those is the “Granny Flat Provision” The term “Granny Flat” when it comes to provision of accommodation for

Is This the Dumbest Deal EVER?

A Good Deal for the Developer it seems! Is the Forster Civic Precinct project, including the new library, the dumbest deal ever for the MidCoast Council? Riskier and more radical than even the Masters Office Centralisation Proposal?  Many in the

Transition to Retirement Pension Tax Trap

Prior to 1st July 2017, transition to retirement superannuation pensions commonly known as TTR pensions, did not attract tax on fund earnings. However, from July 1st 2017, the fund earnings were taxed at 15% in the same manner as accumulation

Money matters!

Just what is an Imputation Credit Potential Windfall? I was bemused coming into the last federal election, over claims that only 200,000 pensioners would be impacted throughout Australia if the cash refund of imputation credits was scrapped. To me, it just

Money Matters

Changes for Pensioner Income and Assets Test Means The announcement of a reduction in the deeming rate that is applied to certain investments, may also give a small lift in pension for those not on a full pension due to