Is the housing market signalling an alarm bell? Analysis on Mortgage Delinquencies

The Australian housing has become volatile over the past months and according to the researchers at UBS, it could potentially crash if the RBA rates raises too much or too quickly. Now, a crash on the property market may sound only as a warning for property investors and not for home buyers looking for a […]

Q. Is it worth to put our coin collection into our Self-Managed Super Fund (SMSF)?

Q. My wife has built a really impressive coin collection in the recent year and the idea has always been to build further and put the collection into our Self-Managed Super fund (SMSF). I believe the rules have become very severe in this area and it may not be worth it, what do you think? […]

Q. Can I claim my Financial Planning Advice cost as a tax deduction?

Q. When I engage my accountant to do my tax returns I am able to claim a tax deduction for the work provided.  I have been advised that the same is not true for Financial Planning advice.  Can you please explain what I can and cannot claim as a tax deduction in relation to receiving Financial […]

Can you access your Super Fund on the ground of financial hardship? If so, what are the requirements?

Q: I am trying to transfer $50,000 from my super fund to my wife. I spoke to my super fund and they advised I could split 85% of my employer’s contributions for the 2016 financial year in 2017.  This only comes to $5,908. As I am doing this due to financial hardship is there any […]

5 minutes with Damian Hearn, Financial Adviser – SMSF Specialist

Q: If there was one thing you could change about the Self-Managed Super Fund sector at the moment, what would it be? A:  The one thing that I would seek to change is the area of trustee education. The lack of understanding of the super rules and regulations for SMSF trustees and how things work can […]