James on Sky News - Diversifying into Shares
Recent Articles
- September 19, 2019 - Facts on Holding Critical Illness Insurance in Super
Critical illness insurance, also commonly known as trauma insurance or major illness insurance, is designed to protect an individual in the advent of a serious illness. A lump sum is paid to cover medical expenses for treating severe health issues such as cancer, heart attack, stroke, and coronary bypass. These are usually the reasons for more » - September 19, 2019 - Greater Bank Offers Home Loan Rates Below 3%
The average interest rate of home loan rates offered by lenders in Australia ranges from 3.09% to 3.99. There are a few institutions which offer lower, with only 2.99% interest, and only a handful provide even lower than this. One of the lowest is from Greater Bank who presents only 2.79% on their fixed-rate loan. more » - July 29, 2019 - Basics of the New 5-Year Concessional Contribution Catch-Up Rules
This new rule can be a bit confusing to some, but it’s really simple and it offers a lot of advantage to those who want to maximize their concessional contributions toward their super. Concessional contribution is the amount you put into your super before any tax is applied. This includes your before-tax employee salary sacrifice, more » - July 29, 2019 - Basics of the $1.6 Million Super Balance Transfer Cap
The government’s proposed changes in the way superannuation funds are handled have sowed confusion even among financially savvy people. This move was their solution to their growing concern that the government is losing a good amount of tax revenue from the previous system. There’s also reason to believe that some people are exploiting the previous more »