Buying and selling a home can be confusing for most of us. Here is some basics to help make the process as clear as possible.   Save for a Deposit The deposit is the initial cost you will need to pay when buying a home. The first step is to get your finances sorted and do a budget to identify how much you can afford to save for your deposit and work out what you

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We are pleased to release the investment reports for the fourth quarter of 2023. These reports provide a comprehensive overview of financial markets activity and the performance of each portfolio model from inception through to the latest quarter ending 31 December 2023.Key highlights of the Q4 2023 Investment Reports include:Performance Overview: A detailed analysis of each portfolio’s performance, highlighting any significant achievements or areas for consideration.Asset Allocation: A breakdown of investments across various asset classes,

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Today, we would like to provide you with insights into a critical aspect of our commitment to delivering top-notch financial advice – the registration process for our relevant providers within the Australian financial services landscape. Understanding Your Financial Adviser: A 'relevant provider' is an individual directly involved in offering financial advice to you, our esteemed clients. This includes financial services licensees, authorised representatives, and employees or directors of financial services licensees authorised to provide personal advice

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Our daily lives revolve around our families and work. A combination or one or the other of these dynamics means communicating on many levels. Fortunate or unfortunate most of our communication is driven by technology. We switch to our mobile phones or our televisions as the quickest and easiest way to keep us informed or in touch.Social media platforms are in our faces constantly, however if this form of communication is placed in immature or

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There are two common ways to transfer property to a family member – either selling or gifting. When the owner changes (either way), the title needs to be updated. Selling the property You can transfer title property by selling it to a family member. Parents often do this for children this way and may adjust the price to give them a better deal than buying a property at market rates. You will be liable for

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In our exploration of estate planning this month, we've delved into a topic that often doesn't get the attention it deserves: simultaneous deaths. While such events are rare, it's essential to understand the potential implications, especially when it comes to beneficiary nominations, both within and outside of superannuation. When two or more individuals pass away simultaneously, the order of their deaths becomes critical in determining the distribution of assets, particularly for jointly held property and

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In most cases when someone passes away their super is paid to their dependents. However, there are instances where it is paid to the deceased’s estate. If a person’s super is paid after death, it’s called a death benefit, this benefit is comprised of their super account balance and if there was any death insurance cover. It is important to carefully consider who will receive any benefit as even if someone doesn’t have a lot

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Incorporating your superannuation entitlements into your estate plan is crucial, particularly when they are not part of your estate. Superannuation can lead to substantial distributions to beneficiaries, emphasizing the importance of aligning payments with your wishes. A non-binding nomination guides your superannuation fund on distributing funds after your death, but the trustee ultimately decides the recipients, possibly deviating from your intended beneficiaries. On the other hand, a binding death benefit nomination (Binding Nomination) allows you

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Are you contemplating a mortgage refinance?  You likely understand that refinancing can be a powerful tool for optimising your financial situation. But when is the right time to make that move? Refinancing can provide various benefits, such as lower interest rates, reduced monthly payments, and even the ability to tap into your home's equity for other financial goals. Here are a few key factors to consider when determining the right moment for a mortgage refinance:

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Why Consider Property Investment with Your SMSF? Diversifying your SMSF investments beyond traditional assets like stocks and bonds can be a wise decision. Property investment offers several advantages, such as potential rental income and capital appreciation. Here's a brief overview of the benefits: Tax Efficiency: Rental income and capital gains from property held within an SMSF can be taxed lower, potentially boosting your returns. Portfolio Diversification: Adding a property to your SMSF can help spread

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