Airbnb is a good income earner but what about the CGT?

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Airbnb can create extra income for you and your family, however this can cause some adverse tax consequences. “First of all the income will need to be included in your tax return each year that you earn income from your property. However, a big potential down side is that if you use your principal place […]

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Appointing a reversionary beneficiary

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We often get asked by clients, can a reversionary beneficiary be nominated after a pension has commenced? However, before nominating a reversionary beneficiary it is important to examine who can be nominated as a reversionary beneficiary. In order for a trustee to be able to pay a pension to a person nominated as a reversionary […]

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Five things you need to ask yourself in 2018

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If being more organised, or paying more attention to those you love (or a variation on either of those) are on your list of things to ‘be better at’ in 2018, then a key part of that will be making sure your Will and estate plans are in order. “The main thing is to ensure […]

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CPD: Property – take an alternative view

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From affordable housing to agriculture, student accommodation to co-working space, Australia is slowly following the lead of other markets and offering an increasing number of alternative property opportunities to investors. In this article, DomaCom explores the world of alternative property and examines a range of investment opportunities that lie in diversified property assets, assets that […]

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CPD: Trauma and your practice

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Unfortunately, a large number of Australian’s experience traumatic personal injury or illness every day. Many receive lump sum insurance or compensation payments, but are not always able to access financial advice appropriate for, and tailored to, their circumstances. In this article, Zurich explores the incidence of traumatic injury and its far-reaching impact on individuals and […]

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Are tailored BDBNs the magic bullet for SMSF estate planning?

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A tailored BDBN is one which is subject to special conditions which can make it useful to deal with various modern estate planning issues. One common condition is to impose a “cascading” succession of nominees in case the primary nominee fails to survive the fund member or fails to remain an eligible recipient of the death […]

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CPD: Investment lessons for the next generation

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The importance of financial literacy is recognised worldwide, with programs in most OECD countries and many developing nations, to help people better manage their financial circumstances. In this article, Centuria examines financial literacy in Australia and discusses strategies to help your clients teach these important lessons to their children and grandchildren. What is financial literacy? […]

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Insurance inside super: Awareness high, but work to do

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Research from MetLife Australia has debunked the perception that people don’t know about insurance inside super, revealing that awareness of this default protection is high, with most working Australians knowing that it exists. However while general awareness of insurance inside super is high, the research also revealed a significant lack of knowledge with many people […]

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Family trusts more important than ever

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Family trusts have always been an important structure for business planning, tax planning and estate planning. This is mainly due to their tax efficiency, asset protection, flexibility and succession possibilities. But now, family trusts are increasingly being used for retirement planning purposes since the Government introduced more measures to limit the ability to make both […]

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Exchange traded product industry trend predictions for 2018: BetaShares

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The Australian exchange traded product industry is set to grow significantly based on the momentum generated in 2017, according to exchange traded fund (ETF) manager BetaShares. A growing audience of younger investors, an increasing array of fixed income options, and a move toward model portfolios using ETFs, will drive growth in 2018. This year to […]

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