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Friday, June 15, 2018
By Steven Korner, Financial Planner Contact Steven to start a conversation. Apparently 8 out 10 Australians don’t get any formal financial advice. Earlier this year ASIC found that while 44 per cent of Australians said they have a short-term financial plan only 23 per cent said they had a long-term financial plan. Would you r Read More
Wednesday, June 13, 2018
In light of the royal commission there has been much scrutiny towards the banks and by mortgage brokers. One of the key findings within the Royal Commission is the lack of verification of customer living expenses from mortgage brokers and the acceptance by the banks. The banks have always used a combination of the Household Expenditu Read More
Tuesday, June 12, 2018
In the 2018 Federal Budget the Government proposed increasing the limit on the maximum allowable number of members in an SMSF (and a Small Apra Fund or SAF) from four to six members. This change is proposed to take effect from 1 July 2019. Currently the maximum allowable number of members is four with the clear majority of SMSFs having either o Read More