Financial Planning articles
Real estate is where two of five SMSFs are invested
Reports by the Financial Services Council and the UBS show that two in five SMSFs are invested in residential and commercial properties; still a minor proportion of the funds’ overall portfolio.
Surveys made by the two sources reveal that the fraction of super funds that are into residential property ownership rose...
RSU vs Option Stock – Whats the difference?
There are various benefits associated with the employee share schemes, for example;
- The opportunity to buy shares of the company at a discount price
- The opportunity to buy shares in the future (right or option to buy)
What is Crowdfunding?
Despite its popularity, many people still do not know exactly what crowdfunding is. So what is it? Well, crowdfunding is a phenomenon that takes up the concept “the wisdom of the crowd” in which the public gets to consolidate in order to validate an idea.
Many entrepreneurs prefer crowdfunding when financing...
Superannuation When Leaving Australia Permanently
If you are planning to leave Australia permanently and want to get your super saving now, then there are certain things you need to consider or educate yourself. What you chose to do with your super saving relies entirely on whether you are an Australian citizen or not. With that...
30% concessional contribution tax changes for high income employees
On 3rd May 2016, as part of its 2016 federal budget, the government made an announcement that, effective from 1st July 2017, it is planning to lower the income threshold from $300,000 to $250,000 for the imposition of additional contribution tax. This decision will result in an increase...
What is the Maximum Contribution Base?
The maximum superannuation contribution base (MSCB) is used to find the maximum contribution which an employer is required to make in Superannuation Guarantee (SG) fund under the super laws. The MSCB has changed in 2016-2017 and now it is $206,480 per annum or $51,620 per quarter, whereas in 2015-2016 it...
Non-viability clauses on Hybrid Securities
Who does not want to invest in an asset promising higher return? There are various financial instruments in the market such as hybrid securities which attract you but the underlying features should be well understood to avoid any financial distress later on. You may get attracted by such securities but...
The Catch with High Interest Bank Accounts
There are various types of saving accounts offered in the market, with varying features and interest rates. These accounts have different terms and conditions which you should understand clearly as they can have a great impact on your saving goals and how slowly or quickly you achieve these goals.
It is...
Backdoor Listings
Acquiring the shares or assets of a private company in exchange for shares of a dormant ASX-listed company is known as backdoor listing in Australia. This practice has gained wide acceptance and popularity since the failure of Australian mining companies. Most of the failing mining companies are seeking investment in...
What’s better – salary package car via Novated lease or buy outright?
The decision to buy or lease a car is something that needs to be given full consideration because it is an investment to our means of livelihood. Most of us cannot afford to buy a car outright or even if one can, it is at the cost of something valuable...