1H2015

10 Smart End of Financial Year Strategies for 2014/2015

10 Smart End of Financial Year Strategies for 2014/2015

No matter what your situation, age or income, a little bit of End of Financial Year planning can go a long way. It can help you:

  • boost your retirement savings
  • maximise your Government entitlements, and
  • minimise your tax liabilities.

We've prepared a quick summary of strategies to consider before end of financial year.

Time holding an asset can be the most effective strategy

Time holding an asset can be the most effective strategy

When it comes to growth assets like shares and property, how long you commit to your investment strategy can make a huge difference in the end.

Before you start formulating your investment strategy, you should first be clear on your investment time frame. Time frame is actually one of the most significant factors in all investment decisions.

Term deposits not paying their way?

Term deposits not paying their way?

If you’re frustrated with the current term deposit rates - you are not alone. Many disgruntled investors have seen their income eroded as term deposit rates have consistently fallen from above 8% in 2008.

The Reserve Bank of Australia (RBA) has just cut rates again to 2.00% - which brings the cash rate down to around the rate of inflation. Some economists are still predicting further rate cuts in the months ahead.

The Federal Budget and your Financial Plan

The Federal Budget and your Financial Plan

We are fortunate to receive several reports and analysis from Australia’s leading financial institutions about legislative change and there is none bigger than Federal Budget announcements. Having reviewed several Budget summaries, we are pleased to provide this overview from ASGARD, which is comprehensive yet simple to read.

This is a budget that has greatest impact on small business owners, families and pensioners, however there are several proposed changes that could affect you if you claim a vehicle in your tax return or have a meals allowance for example, as part of your salary package.

We suggest you read the overview and then you can easily skip through to the aspects that you find most relevant to you. 

Property Planning Australia Financial Planning has been rebranded

Property Planning Australia Financial Planning has been rebranded

As announced by Property Planning Australia on Friday 1st May, we have rebranded Property Planning Australia Financial Planning to Yield Financial Planning. Yield Financial Planning and Property Planning Australia’s teams continue to work alongside each other to deliver a cohesive client experience across our combined services.

We’ve done this to make it outwardly clearer that we provide full service Financial Planning advice and one of the many advantages of this, is that we can bring our clients and subscribers an exclusive newsletter, focused on their financial plan. 

Living longer - What's the big deadlock?

Living longer - What's the big deadlock?

It is fair to say that most of us have thought about when and how we might like to retire, whether it’s 10 or 30 years into the future. Most of us have a rough idea of the age we would like to retire, however it is important to understand that many of us don’t get to live out our plans as we might have hoped!

Roadmap to Wealth: Making Up Lost Time

Roadmap to Wealth: Making Up Lost Time

Melinda has already made moves to secure some sort of financial freedom for later in life. In 2011, she and her father went halves to buy a property off-the plan in Lalor, based in Melbourne’s northern outskirts. 

As seen in Australian Property Investor magazine, this article looks at general advice provided by James McFall of Yield Financial Planning and other experts, and was published in September 2014.