Author: Bridget Watkins
Monthly Musings
In this “Monthly Musings” for the month of December we will provide a brief Market Update for the month, introduce a brand new episode of our short video series 3 Minute Tech titled “Your Questions Answered”, present an overview in our Focal Point section on “Transition to Retirement Income Streams (TRIS)”, and release two fantastic new episodes of our “Finding the Front” podcast. The first with legendary Australian stock picker and fund manager David Paradice AO – founder of Paradice Investment Management, and the second with lithium powerhouse, Pilbara Minerals CEO, Dale Henderson who provides some compelling insights into the current lithium market and the opportunity set going forward.
Monthly Musings
In this “Monthly Musings” for the month of November we will provide our Market and Economic Conditions Update for the month, introduce a brand new episode of our short video series 3 Minute Tech titled “What Financial Advice would you give your 18 year old self?”, present an overview in our Focal Point section on “Commonwealth Seniors Health Card”, introduce a brand new episode of Euroz Hartleys “Finding the Front” podcast with special guest Jennifer Westacott AO – and what a conversation it is – an inspiring story of one of Australia’s leading women, with a national and WA perspective.
As always, we hope you enjoy.
On behalf of all of us at Euroz Hartleys & Entrust Wealth Management, we wish everyone a very merry Xmas and thank you for your support throughout the year.
Monthly Musings
In this “Monthly Musings” for the month of October we will provide our Market and Economic Conditions Update for the month, introduce a brand new episode of our short video series 3 Minute Tech titled “What would you do if you won Lotto?”, present an overview in our Focal Point section on “Super on Paid Parental Leave”, flashback to Episode 2 of our Euroz Hartleys “Finding the Front” podcast with Richard Hyde, Founder, CEO & Executive Chair of West African Resources. This is an awesome story of a geologist who did the hard yards to learn his trade and continue to build his knowledge the best he could, who then backed himself in and applied those skills to exploration in Burkina Faso. He then went on to take the company he formed in 2006 from a junior to gold producer, and provide an Investor Alert released by the Australian Securities and Investments Commission regarding reports of stolen shares due to identity theft on the rise.
As always, we hope you enjoy.
Monthly Musings
In this “Monthly Musings” for the month of September we will provide our Market and Economic Conditions Update for the month, introduce a brand new episode of our short video series 3 Minute Tech titled “Paid Parental Leave”, present an overview in our Focal Point section on “Downsizer Contributions”, and, feature a brand new episode of our “Finding the Front” podcast with Nathan Blackburne, Managing Director of of one of Australia’s leading property developers, Cedar Woods Properties. This certainly provides a great insight into Nathan’s very interesting journey but also the current state of the Australian housing market.
As always, we hope you enjoy.
Monthly Musings
In this “Monthly Musings” for the month of August we will provide our Market and Economic Conditions Update for the month, re-visit Episode 24 of “3 Minute Tech” covering the popular topic of “How much Super should I have?”, present an overview in our Focal Point section on Binding Death Benefit Nominations, and, feature a fantastic past episode of our “Finding the Front” podcast with Jeff Quartermaine, Managing Director and CEO of gold miner Perseus Mining.
As always, we hope you enjoy.
Binding Death Benefit Nominations
The total value of the superannuation pool has been growing significantly. With this comes a typical question covered in financial advice circles; ‘How does my superannuation get paid in the event of death’. A common misconception is that a will automatically deals with an individual’s superannuation assets. So how can you ensure that your retirement assets follow a desired outcome?
Monthly Musings
In this “Monthly Musings” for the month of July we will provide our Market and Economic Conditions Update for the month, release a brand new “3 Minute Tech” covering the topic of “Converting your Super into an Income Stream”, present an overview in our Focal Point section on Division 293 Tax, and, feature the latest episode of our “Finding the Front” podcast with special guest Dr Nina Webster, Managing Director and CEO of Dimerix. This is a fascinating insight into the nature of biotechnology companies, their growth path and their challenges. Nina speaks so well and reflects on her journey so far with many insights and takeaways on her experiences and the biotech industry as a whole.
As always, we hope you enjoy.
Division 293 Tax
High income earners will be familiar with the somewhat dreaded ‘Division 293 tax’. However, Division 293 tax does not only apply to those people who derive substantial income from employment or self-employment. The additional tax bill can crop up as a result of taxable income from other sources, including investment income, capital gains and other one-off events or payments (e.g. employment termination payments).
Monthly Musings
In this “Monthly Musings” for the month of June we will observe the market movements for the month, release a brand new “3 Minute Tech” where we take the time out to answer some of the recent questions we have received, present an overview in our Focal Point section on Government Co-Contributions, and feature the latest episode of our “Finding the Front” podcast with Marnie Finlayson, a Managing Director with mining giant Rio Tinto and a Non-Executive Director of Northern Star. This is a fantastic insight into Marnie’s diversified mining career pathway and her insights into leadership. As the recent head of Rio Tinto’s Battery Materials division, she provides some excellent insights into lithium and the opportunity set.
As always, we hope you enjoy.
Government Co-Contribution
With 2023/24 done and dusted and the new financial year upon us, it is a great time to review and kick start some financials goals. The new financial year brings income tax cuts under the rollout of the revised Stage 3 plan. In addition, the concessional and non-concessional contribution caps have lifted. However, how can low and middle income earners benefit their superannuation position in juggling the above? The government super co-contribution scheme provides an option. This is explored below.