There has been discussion recently on the difficulty of comparing apples with apples when it comes to Balanced super funds. Chris Brycki - Founder and CEO of Stockspot has a 2 parter titled "How super funds play the ratings game" And Marshall Brentnall - Financial Adviser at Evalesco posted a terrific thread on Twitter … Continue reading When is a Balanced Fund not a Balanced Fund?
The treasurer Scott Morrison is all about fairness, security and opportunity in Budget 2017. Some highlights: Increased funding for education, $18.6B over 10 years - on a needs-based analysis (see how your school is affected here) Housing affordability Working with states to increase supply Increasing CGT discount to 60% for investors in affordable housing $375M … Continue reading Budget 2017 – Better Days Ahead
It may sound crazy but $1 million in super may not be enough for a comfortable retirement. Deloitte have just released their latest report on superannuation in Australia. They highlight some big issues that will affect just about every Australian: A 30 year old on a salary of $60,000 is projected to have approx. $1.1m … Continue reading Are you Serious? Why $1m in Super May Not be Enough