Recent updates to the Federal Budget have favourably impacted contribution rules for superannuation, which come into effect from 1 July 2022, as part the implementation of the Federal Government’s superannuation reform.
Read MoreUnderstanding different types of investments or ‘asset classes’, and their characteristics is important when you’re deciding how to meet your investment goals in your desired timeframe. Here is an overview of the different types of investments available, and how to get exposure to them. Let’s start by looking at investment from a broad perspective.
Read MoreTreasurer Josh Frydenberg delivered the 2021-22 federal budget on Tuesday evening, March 29, outlining a number of key measures.The Treasurer revealed a $78 billion deficit (3.4 per cent of GDP), down from a $79.8 billion deficit the year before. "Over the next three years, this will more than halve to 1.6 per cent," he said. He confirmed that net debt as a share of the economy will peak at 33.1 per cent at 30 June 2026, significantly lower than the forecast last year.
Read MoreWhat are COVID-19 re-contributions? They are superannuation contributions which are a return to the superannuation system of a COVID-19 release amount. They are new personal superannuation contributions which have been identified by you as being COVID-19 re-contributions.
Read MorePrior to Russia invasion, Gold and its miners had been among the best performing assets so far in 2022. That performance has continued following the invasion as investors seek safe haven assets. On the 7th March, the gold price shot above US$2,000 for the first time since August 2020 after the US said it might ban Russian oil exports, which would put upward pressure on already high inflation and potentially slow economic growth.
Read MoreGlobal economic growth picked up in the second half of 2021 following the lifting of mobility restrictions, and is forecast to remain above trend in 2022. The rapid spread of the Omicron variant of COVID-19 has been disruptive but is not anticipated to have a large or sustained impact on growth. Inflation in many countries has persisted at multi-year highs and has broadened in scope. Central banks in advanced economies still expect inflation to moderate, but have raised their inflation forecasts for 2022 and have emphasised the considerable uncertainty surrounding this outlook.
Read MoreRead to learn more about what’s happening both locally and globally in the world of finance. In what has been a volatile 24 months, as the world tries to break free of COVID-19, its important to stay aware of the latest market movements and trends.
Read MoreDid you know you can invest into portfolio of companies that have created and are creating products and services that enable the user, amongst other green initiatives, to reduce or eliminate direct emissions through an Exchange Traded Fund (ETF).
Read MoreThe 2021 Budget can be summarised in one line – as a great budget for superannuation. The Budget sets out major beneficial changes for superannuation covering both contributions, legacy superannuation products, first home super saver scheme and residency issues for SMSFs.
Read MoreThe superannuation environment may offer great tax efficiency in passing a member’s death benefits to their dependents, however there is a rider - the member will not have full control over how the benefits will be used by the beneficiary.
Read MoreA retiree views the world very differently from someone still in the workforce, and a good financial planner understands how their view of the world changes over time.
Read MoreFor many people, superannuation will be the single largest asset they will ever accumulate, not including their family home. Even so, there is understandable fear and trepidation among individuals as they near retirement about how long their savings will last, and whether they will be able to live the lifestyle they desire?
Many approach retirement feeling ill-prepared, and this is where good advice can provide great peace of mind.
Read MoreA new report has predicted there will be just over 13,000 advisers left by 2023, as the older practitioners who still dominate the industry retire in large numbers leaving a handful of new recruits to replace them.
Make sure you’re with an advice firm that’s in it for the long-haul. Humble Goode Financial are here for you, now and into the future!
Read MoreResources companies make up more than 15% of the ASX’s total market capitalisation and commonly form part of a diversified domestic equity portfolio. The outlook for these businesses, particularly the large diversified miners, is therefore of great interest to many Australian investors. As we approach the end of this decade, it is timely to reflect on the prevailing conditions influencing the sector’s recent performance and look ahead to the outlook for the next ten years.
Read MoreLearn about Listed Investment Companies (LIC’s) and how they offer diversification benefits and reduced costs for your investment portfolio.
As long-term investors, we seek proven, dividend yielding stocks with high liquidity, and LIC’s make a strong case for use as reliable income producers for SMSF’s and retirement portfolios.
Read MoreWith a ‘Blue Wave’ scenario now largely a reality, it is anticipated that additional fiscal stimulus will be the priority in the near term – with expectations of anywhere from $600 billion to $1 trillion in pandemic relief on top of the recently enacted $900 billion package. Tax increases to finance additional spending are also likely to follow later on.
Read MoreAn ETF or Exchange Traded Fund is an investment fund that typically aims to track an asset class or a basket of assets. In general, ETFs aim to track a published index such as the NASDAQ-100 Index in the US or the S&P/ASX 200 Index in Australia. ETFs are cost-effective, flexible, and simple to use. Being exchange traded, ETFs are bought and sold just like any share on a stock exchange. Read on to learn more (7 minute read)
Read MoreEstimates suggest that more than a quarter of Australians are expecting the COVID-19 crisis to impact their financial situation for up to 18 months or longer. This suggests financial advice will continue to play a key role in our fight against the virus.
Read MoreWhen your family has enjoyed a high standard of living for a long period of time, the needs of each party must be considered in a more generous way than in an ordinary divorce case. Read this article to learn more and ensure you are protected.
Read MoreIf you want to ensure that a particular family member or colleague becomes the new director of your company when you pass away, it is important to consider effective estate planning. If you are involved with a private company (the type with ‘Pty Ltd’ at the end) then this information applies to you.
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