superannuation

Managing a Self-Managed Superannuation Fund – Penalties for Abuses by Trustee:

Managing a Self-Managed Superannuation Fund – Penalties for Abuses by Trustee:

A Self-Managed Superannuation Fund (“SMSF”) is a legal tax structure in Australia, with the sole purpose of providing for your retirement and they are used in place of paying your superannuation into a public fund. Administered by the Australian Tax Office (“ATO”), a SMSF can have between one and four members, with each member being a trustee of the fund.

Unlocking Superannuation - Entering the Property Market:

Unlocking Superannuation - Entering the Property Market:

The current skyrocketing housing prices are having a huge affect on young buyers looking to enter into the property market for the first time. In a clear majority of cases first-home buyers are simply being priced out of the market and outbid at auctions, with the alarming jump in prices currently taking hold in Sydney, Melbourne and Brisbane.