Andrew Heaven Q&A

Q: We are looking to undertake renovations on our house in the next few months. Could you please explain how the recently announced Federal Government Homebuilder grant program will operate and the eligibility criteria.

Q: Could you please explain how the First Home Loan Deposit scheme operates and what is the eligibility criteria?

Q: I am considering trading in CFDs. I understand they can be high risk but also high returns. What should I be wary of?

Q: What are your thoughts on using a personal loan to gear into the Share market? Would the loan be tax deductible? Are there any other ways to avoid margin calls?

Q: How does the Superannuation Catch-Up Provision work? Who is eligible to make tax deductible contributions to super in excess of the contribution limits?

Q: Superannuation Salary sacrifice or Personal deductible contributions. Under what circumstance is one better than the other?

Q: Preservation rules for Superannuation. What are the tax consequences?

Q: I am a self-funded retiree who receives a part Age Pension. What steps should I now be considering to optimise my Age Pension benefits?

Q: Given the volatility and uncertainty in Global Share markets, I am thinking of investing in gold. What options do I have to invest?