HELP Repayment Levels 2021-22: Two students sitting at a desk, writing coursework.

HELP Repayment Levels for 2021-22

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The Higher Education Loan Program (HELP) repayment levels have been published for the 2021-22 financial year. These are based on taxable income levels. HELP Repayment Levels: Thresholds and Rates If the person’s repayment income is: The percentage applicable is: More than or equal to $47,014 1.0% More than or equal to $54,282 2.0% More than […]

Key Superannuation Rates & Thresholds: A person using a calculator app on their smartphone, with paperwork on the table in the background.

Key Superannuation Rates & Thresholds: 2020/21

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Below you will find a summary of the main superannuation rates and thresholds for 2020/21, as issued by the Australian Taxation Office (ATO). As always, if you require any advice regarding your own personal financial situation, please do not hesitate to get in touch. Category 2020/21 Concessional Contributions Cap $25,000 Non-Concessional Contributions Cap $100,000 CGT […]

Infographic showing six different types of Exchange Traded Funds: Index, Commodity, Inverse, Actively Managed, Industry and Foreign Market - Exchange Traded Products

Exchange Traded Products (ETPs)

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Exchange Traded Products (ETPs) are investments that can be bought and sold just like shares on an open market, such as ASX or AQUA. ETPs are a commonly used, low-cost, managed investments. Types of ETPs: Exchange Traded Funds (ETFs) – you get returns similar to a share index. It can contain all types of investments […]

A young man in a spacious, well-lit lounge - First Home Super Saver Scheme

First Home Super Saver Scheme

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The first home super saver scheme lets people who have yet to buy their first home save extra money through super. How the Scheme Works When a prospective first home buyer makes concessional contributions above the compulsory 9.5% that their employer must make for them, this amount can later be withdrawn from super and used […]

A large white modern home, with blue sky and trees in the background - Negative Gearing

Negative Gearing

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Below you’ll find brief explaination of negative gearing and its purpose. What Is Gearing? Gearing is the term used to describe borrowing money to buy an investment asset. The term is used because borrowing increases the return of the investment for a given amount of an investor’s money – much like the gears in a […]

Man in bed under the duvet with only his arm and a pair of glasses visible - Income Protection

Income Protection

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Do I Need Income Protection Insurance? If you or your loved ones would suffer if you could not work, then you should seriously consider income protection insurance. Unless you have some form of reliable ‘passive income’, income protection insurance is a critical component of a personal financial plan. How Do I Arrange It? The best […]

Novelty pink pig shaped piggy bank moneybox - Imputation Credits

Imputation Credits

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When you invest in shares, hopefully you will receive dividends paid out of company profits. When you receive a dividend, you also receive a credit for any tax that the company has already paid on its profits. These are known as imputation credits, or franking credits. How Imputation Credits Work When you calculate your personal […]

Life Insurance: A family on the beach watching the sunset.

Life Insurance

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Life Insurance is quite simple. You take out a policy and the insurer agrees to pay your loved ones a lump sum if you die during the term of the policy. How It Works You nominate the person/s who you want to receive money and the insurer makes a payment to them. In some cases, […]

Self-Managed Superannuation: A family walking through a meadow. A man carries two young girls while a young boy runs ahead towards some trees.

Self-Managed Superannuation

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Trustees and Members A trustee of a super fund is someone who manages the assets of that fund on behalf of the members. In a Self-Managed Superannuation Fund, the members of the fund are also the trustees. Most SMSFs are run by people from the same family. An SMSF can have between one and four […]