Franking Credits
A franking credit is sometimes attached to dividends that shareholders receive from companies. Most investors have heard the term. But do you know what it actually means?
Co-Contributions. You Can Get Something for Nothing.
If you have a spare $1000, you might consider making an extra contribution to your super fund. If your income is otherwise low, the Commonwealth government will give you up to an extra $500.
All about Death Cover
Death cover pays your loved ones a benefit if you die unexpectedly or prematurely. Hopefully, this never happens. But it pays to insure yourself, just in case.
Teaching Kids about Money
Australians’ median wealth is the highest in the world. So, a young Australian can look forward to having access to more material resources than their counterparts in every other country. If they can manage this money well, their life will be much easier.
Insurance Premiums and Tax
The tax treatment of life insurance premiums can be complicated. That said, if you can make your insurances as tax effective as possible, you can save many thousands of dollars over the life of your policies.
What is Progressive tax?
You have probably heard the term progressive tax. Australia’s personal income tax system is a progressive one. But what does that mean, exactly?
Budget Response 2019
The Treasurer’s budget is always followed by response from the opposition leader. This year’s response effectively marked the start of Labor’s formal election campaign for the upcoming election.
Who is the Treasurer and why do we have them?
on Tuesday next week, the Federal Treasurer hands down the government’s annual budget. It is the Treasurer’s chance to shine. So, what role does a Treasurer play in Australia’s politics?
Budgetary Policy: It’s all part of the plan
The first Tuesday in May is financial planning’s night of nights. That is the night when the Federal Government hands down its proposed budget for the coming financial year and beyond. This year, we have a first-time federal treasurer handing down the budget. That said, much of the heavy lifting of budgetary planning is done by employees of the government’s Treasury Department, so there is a lot of experience at hand.