Note: this article deals only with standard industry and retail superannuation funds. For detailed discussion of Self Managed Superannuation Funds, click here for our other articles. Does superannuation form part of your estate? Generally, superannuation does not form... Read More
A new Federal Government initiative, effective from 1 July 2018, enables those selling their home to contribute up to $300,000 into super (and where this is a couple, up to $300,000 each). Although it is referred to as ‘downsizing contributions into super’, after the... Read More
What do you do when your health is declining and you are unable to perform all of the daily tasks you have so competently been undertaking for many decades? At some stage most of us, or our loved ones, will face declining health and frailty where independent living is... Read More
Please find our updated article here. Stamp duty is payable on the majority of real estate transactions in the ACT, but depending on the type of real estate you are purchasing, you may be eligible for a stamp duty concession, bonus or exemption. There is Government... Read More
Self Managed Super Funds – Having a Company as a Trustee Should I have a company as trustee of my Self Managed Super Fund? When a new Self Managed Super Fund (”Selfie” – the technical legal name!) is established, the members have two choices:- Do we, as the... Read More
Self Managed Super Funds – Buying a property in an SMF Buying a property in an SMF Since 2007, self managed super funds (SMSF) have been permitted to borrow money to invest in all types of real property including residential property, commercial property and... Read More