Young Investors

Investing in Shares. The Way of the Future for Young Investors?

Australian wages are growing at a miserly 1.9%.  This rate has been declining since 2010 as it continues trending further downward.  Combine this with property prices growing at 4 times that rate and the opportunity for young Australians to enter the property market or get ahead financially is looking bleak. So what options are there[…]

taxes

How to Claim Tax Deductions for Super Contributions?

As of 1st July 2017, more Australians will be able to claim tax deductions for personal super contributions. This is possible when an individual makes the super contribution, rather than an employer. In the main this measure will assist: Individuals who are self-employed, Partly employed, and Employees whose jobs do not provide salary sacrificing What[…]

How does the Australian Age Pension work?

Around 80% of Australians who have reached Age Pension age are currently receiving the Age Pension in full or in part.  The remaining 20% are either ineligible due to the income and assets test or have not applied. At some stage in their retirement, most Australians will be eligible to claim a Part or a[…]

Beijing’s Tightening Policies are Starting to Rein in House Prices

Beijing’s Tightening Policies are Starting to Rein in House Prices The cost of housing in China rose as much as 40% last year. On the back of this strength authorities have moved to implement new controls to ease the risk of a potential housing bubble. These measures include implementing a series of monetary and regulatory[…]

Tax planning for retirees under 60

For many people it could be tempting to retire before age 60 and call it a career. If that is the case, you should be aware that your superannuation benefit payments will very likely be subject to some tax. However, with careful planning and preparation on your part or with the assistance of an expert[…]

Must know changes to Superannuation

On 9 May 2017, Treasurer Scott Morrison released the 2017-18 Federal Budget. Due to the changes taking effect 1 July 2017, which arose out of the last budget (discussed here), most changes announced were rather minor. Here’s a brief summary of the most exciting changes proposed in regards to Superannuation. Contributing proceeds from downsizing to[…]

Super Reforms – What you need to know before 1 July 2017

With less than two months left in this financial year, it is time to consider the opportunities still available prior to 1 July. In this article we will discuss some of the major super policy changes that may affect your plans ahead. Super Pension Reform: Currently, there is no limit on the amount you can[…]

What do new bank regulations mean for investors?

On 31 March 2017, the Australian Prudential Regulation Authority (APRA), the body that regulates how banks operate, further clamped down on Australian banks and their ability to lend, by implementing new rules to curb the pace of activity in the Australian housing market. The measures are particularly designed to manage the heat being experienced in[…]

Key Considerations when Establishing a Self-Managed Superannuation Fund (SMSF)

Self-Managed Superannuation Funds offer a number of key advantages for investors over industry, public offer and corporate superannuation funds. So much so that many of the investment strategies we recommend at United Global Capital (UGC) simply can’t be implemented within any other superannuation structure. Advantages of SMSFs include: Trustees have unlimited discretion to invest in[…]