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.

Investor alert: Reports of stolen shares due to identity theft on the rise

On 15 October 2024, the Australian Securities and Investment Commission (ASIC) released the following article. We believe it is important that all of our clients understand the increased risk of scams and fraud and the potential impact. Please click below to read this important article.

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.

Downsizer Contributions

Back in 2018 the government introduced the ‘Downsizer Contribution’ to enable home owners to contribute up to $300,000 into superannuation following the sale of their residence.  This was originally subject to a minimum eligibility age of 65, however over time this condition has been reduced to age 55. Accordingly, given the opportunity available, according to recent statistics collected by the ATO, approximately $20 billion has now been contributed under these provisions over the previous 6 completed financial years.

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).