Technically, Australia does not have an inheritance tax. We used to. Death duties introduced in around 1914 were abolished in 1979. While the reintroduction of an inheritance tax is sometimes considered as part of the ongoing Federal tax system reviews, we have managed to keep it off the table for over 45 years. This contrasts […]
Two Key Factors for Financial Success: The level of your financial engagement And who provides you with financial advice
The end of the financial year is fast approaching and it is timely to take stock of the opportunities to top up superannuation, taking into account the expanded rules for retirees and change in total superannuation benefit (‘TSB’) thresholds available from 1st July 2023. Your TSB is comprised by adding all of your superannuation […]
Australia is heading for an ‘insurability crisis’ the headline screams. ‘About 1 in 25 Australian homes are at high risk of becoming effectively uninsurable by 2030, according to a new Climate Council report based on analysis by a climate risk assessment group’. This rises to 1 in 10 in particular locations such as parts of Brisbane […]
Recent Superannuation Change Bring Super Relief for Retirees. It’s not often we see positive superannuation change, however recent new laws allow those between age 67 and 74 to make voluntary non-concessional (after tax) or salary sacrifice superannuation contributions without needing to meet a work test from 1 July 2022.
Sezen Bakan from The New Daily interviewed Nikki Hill this week ‘Investing for kids’. Financial literacy is the key to ensuring better outcomes for our children. You can click here to read the full story and interview with Enrich Investing Founder Nikki Hill on The New Daily website.
We think it should actually be mandatory for a financial adviser to be independent of the financial products and services they recommend.