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Browsing Archive: May, 2015

Federal Budget 2015

Posted by Naomi Rosenthal on Thursday, May 14, 2015, In : General 

The government handed down the Budget this week. We run through a few of the items that may impact your financial situation.

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Your Guide to the End of Financial Year 2015

Posted by Naomi Rosenthal on Thursday, May 14, 2015, In : Financial Planning 

 

With the end of the financial year fast approaching, now is a good time to review your finances to ensure you have taken advantage of the opportunities available to you.

 

Below we have outlined some tips and strategies you may consider to help minimise tax and maximise your savings.

 

Are you self-employed?

You may be able to claim a tax deduction for up to $30,000 of personal super contributions.

If you are eligible, claiming a tax deduction for your personal superannuation contrib...


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Beware early withdrawal from your Term Deposit

Posted by Peter Kelly, Centrepoint Alliance on Thursday, May 14, 2015, In : Investments 

Why does my bank require a month’s notice if I want to withdraw from my term deposit early?

Many of us have money set aside for no immediate purpose, so we have often deposited the money in a term deposit offered by our bank. Banks traditionally offer term deposits for periods ranging from one month to five years. The interest rate the bank pays is set at the time we make the deposit.

However, from time to time, a situation may arise where we need to access money that is in a term depos...


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Is the Property Market Really Booming?

Posted by Gayle Walker on Thursday, May 14, 2015, In : Investments 

By guest blogger Gayle Walker

Despite continuing commentary that the Sydney property market is booming and prices are at an all time high, buyers are still hoping to acquire that great investment or dream home.  Every weekend, buyers trawl the Opens, full of enthusiasm only to be pipped at the post.  Is it really a boom market?  Or could the high prices simply be due to the fact that demand far outweighs supply?  Only a few weeks ago, the SMH weekend Domain showed 555 properties in Sydney fo...


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Responsibility for the content and opinions expressed herein rests solely with the author and opinions expressed do not necessarily represent the views and opinions of Professional Wealth Services Pty Ltd.
The information on this website is general in nature and may not be relevant to your individual circumstances. You should refrain from doing anything in reliance on this information without first obtaining suitable professional advice. You should obtain and consider a Product Disclosure Statement (PDS) before making any decision to acquire a product.
This information is for Australian residents only.
Whilst care has been exercised, the taxation information contained is provided as a guide only and may not be relied upon. If in doubt, you should seek independent tax advice from a qualified tax adviser.

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