The Final Superannuation Countdown

It always seems that the end of the financial year is just around the corner. This year, with significant superannuation changes starting on 1 July, it is just as important to be on top of your end of financial year planning as it has ever been. Do not miss an opportunity to know, understand and unlock the potential of your Superannuation.

It is imperative as a trustee of your Self- Managed Superannuation Fund (SMSF) that you do not forget your obligations to keep on track.
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You are the Best Investment

 

When people speak about investing they usually consider material investments such as real estate, shares, and term deposits but rarely do they consider investing in themselves and their education. However, investing in your own education can be one of the best investments you can make.

Benjamin Franklin once said, “An investment in knowledge pays the best interest.”
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Five Simple Money Saving Tricks

Creating a budget, with an estimate of expected income and expense for a given period in the future, allows you to plan ahead and avoid financial hardship during tough times.

“Failing to plan is planning to fail”
In a recent Federal Reserve Board study, only “53 percent of participants indicate that they could cover a theoretical emergency expense costing $400 without selling something or borrowing money.” In some cases, it’s a lack of income that creates the financial strain. In many cases, however, the problem is overspending and lack of foresight.
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Interest Rate Announcement – June 2017

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent.

The broad-based pick-up in the global economy is continuing. Labour markets have tightened further in many countries and forecasts for global growth have been revised up since last year.
Below is the Press Release from the Reserve Bank of Australia regarding this month’s Interest Rate Announcement:
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