When it comes to purchasing a home, one of the most significant financial decisions you will make is choosing the right home loan term. Most home buyers will have to decide between a 15-year, 20-year, or 30-year mortgage, each [...]
As a trustee of a Self-Managed Superannuation Fund (SMSF), it is essential to ensure that you comply with all regulatory requirements set out by the Australian Taxation Office (ATO). One such requirement is the Sole Purpose Test, which is an [...]
On February 7, 2023, UBank announced that it is extending its loan term for refinances from 30 to 35 years. While this may seem like a good option for homeowners seeking relief from relentless rate rises, it could potentially cost [...]
The death of a member of a self-managed superannuation fund (SMSF) is a difficult time that involves complex processes and procedures. The most significant impact of death on an SMSF is the payment of death benefits. The process of distributing [...]
A self-managed super fund (SMSF) offers a lot of freedom and control, but it also comes with significant responsibilities. In this article, we explore the costs and responsibilities of managing an SMSF, including the need for a sound investment strategy, [...]
The ATO has listed the top five most frequent errors in SMSF Annual Returns. Understanding and avoiding these mistakes can help ensure a successful and compliant SMSF. These include using a non-unique bank account, incorrect ESA, improper asset valuation, lodging [...]
Investing in property through a self-managed superannuation fund (SMSF) is a popular option that offers a solid return on investment and tax benefits. In this article, we will answer the top questions related to property investment in an SMSF, including [...]
In this article, we discuss the importance of diversifying an SMSF portfolio and the benefits it brings. Despite 82% of SMSF trustees recognizing its importance, many do not achieve it due to lack of funds or not making it a [...]
Everybody has heard of a line of credit, even though it is a relatively new product on the market. It’s simple: it’s an arrangement between a bank and a client that sets up a loan for the customer. The [...]
“I Have a Dream, In Real Estate to Invest In…” I really hope you sung this along, and it made you smile. If you are reading this article, it means that you want to invest in real estate and [...]
