Investing in rental property is an excellent way to earn passive income. It can provide a steady cash flow to pay for the property itself and make a little bit of monthly profit for savings and other wants. After renting out property for years, you might even have enough to pay off the mortgage of …
Which Should You Pay Off First: Your Rental Property or Primary Residence? Read More »
Long Service Leave (LSL) is one of eleven National Employment Standards (NES). These are the minimum entitlements that must be provided to employees working in Australia. The NES covers employees who belong to the national workplace relations system. This is true regardless of registered agreement, employment contract, or award. So, is long service leave paid …
Is Long Service Leave Paid Out On Redundancy in WA? Read More »
In the sunset years of our lives, most of us would prefer to indulge in the fruits of our labour. Often this means selling off assets we’ve invested in over our working years, whether the profits are put towards day-to-day living costs or taking a camper van tour around Australia. However, selling assets for a …
Self-Managed Super Funds (SMSF) give individuals more control and flexibility over investment decisions. If you are already a trustee of an SMSF, you may have considered investing in real estate or property to diversify your assets, which leads us to the question — can a self-managed super fund buy vacant land in Australia? Yes, an …
When it comes to getting the right kind of life insurance, it is important to choose the one that can give you peace of mind and guarantee that your needs are covered. Choosing the right one for your needs and budget, however, can be a bit tricky. Aside from the fact that the enormous range …
Direct vs Retail Life Insurance: Which Is The Best Value Option? Read More »
Technical resource Increasing the age at which the superannuation work test applies from 65 to 67, from 1 July 2020, provides an additional opportunity to implement voluntary super contribution strategies. The 2019 Federal Budget contained a number of proposed changes to superannuation in order to provide individuals with more flexibility around planning for their retirement, …
