Navigating financial change for Western Australians since 2002

News

The news we highlight comprises our latest quarterly reports, press articles, presentations and other information we believe is relevant and interesting.

Commonwealth Seniors Health Card

For people that don’t qualify for the Age Pension and are self-funded, it may appear that there is limited support for expenses incurred during the retirement years. However, for those eligible, the Commonwealth Seniors Health Card (CSHC) allows access to cheaper health care and other discounts. In the below, we summarise the valuable assistanceand include […]

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August Monthly Musings

In this edition we will: provide some observations on the market movements for August, release Episode 12 of our short video series 3 Minute Tech. This episode is the second part of a three part segment on Estate Planning, where we discuss “Enduring Powers of Attorney”, look at the subject of share buy-backs. On the back of a strong […]

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Share Buy-backs

On the back of a strong rebound in profits, some of Australia’s biggest companies are in the midst of large share buy-backs. With buy-backs, the company can purchase the shares on the market or from shareholders directly (‘off-market’). For investors, making the decision to participate in these buy-backs comes down to many factors, some of […]

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July Monthly Musings

Good morning! Here is the July edition of our Monthly Musings straight to your inbox. In this edition we will: cover off on the market movements for July, introduce the latest Episode 11 of 3 Minute Tech, where we look at “Estate Planning – Wills and Testamentary Trusts”, provide a paper in Focal Point where we discuss some […]

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Inheriting Shares

In 1978, Australia abolished “death duties”, being taxes upon the estates of decedents. However, this doesn’t mean that taxes are not payable when individuals inherit wealth. There are numerous taxes that apply to estates, such as those payable on superannuation proceeds and capital gains on disposal of certain assets. Within the below, we highlight some […]

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June Monthly Musings

Another financial year has passed and here is our June Monthly Musings. In this edition: We provide our usual observations on the month’s market movements, We release Episode 10 of 3 Minute Tech which looks at the 2021/22 – Changes to the Super Thresholds, and In Focal Point, with 2020-21 done and dusted and the […]

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Changes for the New Year

With 2020-21 done and dusted and the new financial year upon us, there are a number of important superannuation and tax changes that have come into effect. We summarise the legislative implications, some of which may prompt a review of ongoing planning. It is also critical to note that announcements made in the recent 2021 […]

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May Monthly Musings

Our May Monthly Musings has arrived. In this edition: We provide our observations on the month’s market movements, We release the latest episode of 3 Minute Tech which looks at the 2021/22 Federal Budget and summarises the key points and strategic implications, and in Focal Point we look at “sequencing risk” which is the risk that the […]

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Sequencing Risk

Sequencing risk is the risk that the order and timing of investment returns on a portfolio are unfavourable. In other words, sequencing risk is the risk of a negative return at the worst possible time.

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April Monthly Musings

Our April Monthly Musings covers off on the month’s market movements, we re-visit the 3 Minute Tech episode on “How to build your Super Nest Egg” in light of the fast approaching end of financial year, and in Focal Point we look at the topic of “Investing for Children (Minors)”.  We hope you enjoy.

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March Monthly Musings

Each month we provide a wrap up of the market performance and some informative insights on various wealth management issues. We hope you enjoy.

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Investing for Children (Minors)

Parents and grandparents commonly wish to invest for their children or grandchildren while they are still minors. However, minor children usually cannot buy shares in their own name. Structuring such investments can have access and tax consequences so determining the ownership and investment setup is considered important to the long-term success of the strategy.

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Contribution Caps to Increase from 1 July 2021

As we move closer to the end of the financial year, attention often turns to tax planning and reviewing superannuation contribution opportunities. It is also worth noting contribution cap changes that will apply from 1 July 2021. Feel free to contact your adviser if you have any queries.

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February Monthly Musings

Here is our Monthly Musings for February. We hope you enjoy.

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Transfer Balance Cap Increasing in 2021/22

The maximum balance a superannuation member can move into the tax-free pension phase is presently $1.6 million. This is due to a limit known as the Transfer Balance Cap (TBC). Although this limit is being indexed and set to increase to $1.7 million from 1 July 2021, this won’t apply to everyone. We explore some […]

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Fundamentally Speaking with Rowan Jones

TINA or FOMO? Inflation risk could still spoil both

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January Monthly Musings

Good afternoon! Here is our Monthly Musings for January. In this edition, our Markets Update is followed by new episode six of 3 Minute Tech that looks at “Concessional Contribution Catch-up Provisions”. The link to the previous five episodes of 3 Minute Tech is also contained below if you would like to revisit any of the […]

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Personal Finance Lessons of 2020

The health crisis seen over the past 12 months has caused widespread disruption, with economic damage still being assessed and confronted. Whether we are savers, spenders or investors, there are many personal finance lessons we can learn from these events. This month’s ‘Focal Point’ covers off on a few of these lessons and makes for […]

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December Monthly Musings

Completing 2020, here is our musings for the month of December. In this edition we provide an update on the performance across markets, release the new episode 5 of “3 Minute Tech” and deliver an insightful review relating to temporary changes of minimum pension drawdown rates. We also provide some insight into one of our […]

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November Monthly Musings

Good afternoon! November is complete and to keep you up to date we deliver to your inbox our regular Monthly Musings where we ponder over what happened during the month and provide some worthwhile wealth management updates and information.

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Minimum Pension Drawdowns

As part of regulation changes announced by the Government during the beginning of the COVID-19 crisis, minimum pension drawdown rates were halved for the current financial year. This offers additional flexibility for retirees managing their income strategy. In this month’s “Focal Point” we highlight some of the considerations surrounding the temporary changes.

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Retirement Income Review

Commissioned in September 2019, the Federal Government released the findings from its independent Retirement Income Review on Friday, 20th November 2020. The report assesses the performance of the retirement income system, which encompasses three pillars: compulsory superannuation, a means-tested age pension and voluntary savings (including home ownership).

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October Monthly Musings

In this edition highlights include: Our market movement overview, the launch of Episode 3 of 3 Minute Tech which, like the previous 2 episodes, focuses on the very important topics of superannuation and estate planning. These short videos have been very well received. Focal Point where we explore the legal documents which may allow effective decisions […]

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Advance Health Directives and Enduring Powers of Guardianship

Decisions are part of every day life. But what happens if we cannot make decisions for ourselves due to illness or accident? Although an Enduring Power of Attorney can be used to manage financial and property assets, this does not extend to health and medical treatment. We explore additional documents which may allow effective decisions […]

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September Monthly Musings

In this edition we go through the market movements for September and feature a very interesting report on the upcoming US Election by our research and advisory partner, leading independent asset consultant, Frontier Advisors. This report is well worth a read and provides some great insights. As usual, we are excited to deliver the next […]

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Transition to Retirement Pensions and Carry-Forward Concessional Contributions
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Frontier Advisors US Election Overview

On Tuesday, 3 November 2020, Americans will go to the polls to decide who will be President for the next four years—Joe Biden or Donald Trump.

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August Monthly Musings

This month’s “Musings” delivers an update on market movements for August, we introduce our new video initiative “3 Minute Tech” which seeks to make complicated topics or concepts simple,  and then we delve into the topical COVID-19 Superannuation Release Scheme. 

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Fundamentally Speaking with Rowan Jones

Take stock when directors put money where mouth is

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Early Release of Super

Under the COVID-19 Superannuation Early Release Scheme, people who have lost their jobs or suffered a significant drop in their income have a second opportunity to access up to $10,000 from their retirement savings. With the application period for the current financial year extended to 31 December 2020, the demand for access has outstripped initial […]

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Sound Advice for Not-For-Profit Organisations

WE UNDERSTAND the unique challenges faced by the Not-for-Profit sector and are a committed and trusted partner in the Western Australian market.

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Frontier Investment Governance Checklist

The COVID-19 pandemic and related economic and market events is a major event for institutional investors responsible for overseeing investment strategies designed to meet the (often long-term) needs of beneficiaries. 

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Flashpoint featuring Phil George

Our very own Phil George from Entrust Wealth Management joined Sunrise Host & 7News Finance Editor, David Koch along with Gavin Hegney (Perth Property Valuer and Forecaster) and Tim Lawless from CoreLogic Asia Pacific on Flashpoint last night.

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25 Tips for Fundraising in Tough Times

Continuing on from our educational workshops with Kingsley Aikins on Philanthropy and Fundraising in October last year. We thought it was very worthwhile to follow up with Kingsley for his reviews on the current climate with regard to the not-for-profit, for the purpose and charitable sectors and their efforts to maintain their relative business strategies and fundraising activities in this difficult market.

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Aikins brings gift for generating giving

Fundraising is a mechanical process and 90 per cent of the work is research, according to an international expert visiting Perth.

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Charities’ crowded house

A visiting international expert in philanthropy suggests more charities should be merging but cautions against a “corporatisation” of the sector.

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Podcasts

We have highlighted some interesting podcasts that we enjoy. These can be financial, sporting, technological or of a general nature. We hope you enjoy! They are available at where ever you subscribe to your podcasts.

Money Talks from Economist Radio

The Economist editors and correspondents give their authoritative take on the markets, the economy and the world of business. Published every Tuesday on Economist Radio.

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Masters of Scale with Reid Hoffman

Masters of Scale is an original podcast hosted by Reid Hoffman, co-founder of LinkedIn and investor at Greylock. In each episode, Reid shows how companies grow from zero to a gazillion, testing his theories with legendary leaders. Masters of Scale is the first American media program to commit to gender balance for guests.

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Exponential Wisdom

Peter Diamandis and Dan Sullivan discuss how exponential technologies are creating massive opportunities for entrepreneurs all over the world and the impact of hyperconnectivity on global innovation.

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Business Wars

Business Wars gives you the unauthorized, real story of what drives these companies and their leaders, inventors, investors and executives to new heights — or to ruin.

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The Howie Games with Mark Howard

Where the biggest names in the world of sport go one-on-one with sports journalist Mark Howard. From ultimate highs to tear-jerking lows, Howie lifts the lid on the real stories behind the headlines. He sits down with the biggest names in Australian & world sport, finding out how they started out, what makes them tick, […]

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Nab Morning Call

The daily NAB Morning Call  includes perspective on overnight news and market price action and the forces shaping movements in Australian and global markets in the days ahead. Not a bad way of keeping up to date.

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The Money Cafe with Kirby and Kohler

A really interesting podcast hosted by Alan Kohler and James Kirby. Released every Thursday, they tackle the financial issues of the day. This podcast is available from where ever you access your favourite podcasts.

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Books

Reading great books across a wide range of subjects is something we love doing and there are so many excellent books we could suggest. Here is a very small sample. If you would like to hear what books we love please be in touch.

a fortunate life by A.B Facey

Born in 1894, Facey lived the rough frontier life of a sheep farmer, survived the gore of Gallipoli, raised a family through the Depression and spent sixty years with his beloved wife, Evelyn. Despite enduring hardships we can barely imagine today, Facey always saw his life as a ‘fortunate’ one. A true classic of Australian […]

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The Resilience Project Finding Happiness through Gratitude, Empathy and Mindfulness

Hugh van Cuylenburg was a primary school teacher volunteering in northern India when he had a life-changing realisation: despite the underprivileged community the children were from, they were remarkably positive. By contrast, back in Australia Hugh knew that all too many children struggled with depression, social anxieties and mental illness. His own little sister had […]

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It Worked for Me

Colin Powell, one of America’s most admired public figures, reveals the principles that have shaped his life and career in this inspiring and engrossing memoir.

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The Culture Code

From the New York Times bestselling author of The Talent Code comes a book that unlocks the secrets of highly successful groups and provides tomorrow’s leaders with the tools to build a cohesive, motivated culture.

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Principles

Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business – and which any person or organization can adopt to help achieve their goals.

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Legacy

In Legacy, best-selling author James Kerr goes deep into the heart of the world’s most successful sporting team, the legendary All Blacks of New Zealand, to reveal 15 powerful and practical lessons for leadership and business.

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Liar’s Poker

The time was the 1980s. The place was Wall Street. The game was called Liar’s Poker.Michael Lewis was fresh out of Princeton and the London School of Economics when he landed a job at Salomon Brothers, one of Wall Street’s premier investment firms. During the next three years, Lewis rose from callow trainee to bond salesman, […]

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Shoe Dog by Phil Knight

In this candid and riveting memoir, for the first time ever, Nike founder and CEO Phil Knight shares the inside story of the company’s early days as an intrepid start-up and its evolution into one of the world’s most iconic, game-changing, and profitable brands. In 1962, fresh out of business school, Phil Knight borrowed $50 […]

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3 Minute Tech Video

One of our core pillars at Entrust is education, and sharing our knowledge with our client community. Our goal with 3 Minute Tech is to provide quick and to the point videos to explain sometimes technically challenging topics in simple and easy to understand language.

Episode 13: Estate Planning – Enduring Powers of Guardianship

Making complicated concepts and terms, simple. In this episode, 3 Minute Tech covers the topic of “Estate Planning – Enduring Powers of Guardianship”

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Episode 12: Estate Planning – Enduring Powers of Attorney

Making complicated concepts and terms, simple. In this episode, 3 Minute Tech covers the topic of “Estate Planning – Enduring Powers of Attorney”

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Episode 11: Estate Planning – Wills and Testamentary Trusts

Making complicated concepts and terms, simple. In this episode, 3 Minute Tech covers the topic of “Estate Planning – Wills and Testamentary Trusts”

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Episode 10: 2021/22 -Changes to the Super Thresholds

Making complicated concepts and terms, simple. In this episode, 3 Minute Tech covers the topic of “2021/22 – Changes to the Super Thresholds

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Episode 9: 2021 Federal Budget

Making complicated concepts and terms, simple. In this episode, 3 Minute Tech looks at the 2021 Federal Budget.

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Episode 8: “The Downsizer Provision?”

Making complicated concepts and terms, simple. In this episode, 3 Minute Tech covers the topic of “The Downsizer Provision?”

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Episode 7: “Contributing to Super over age 67 (“The Work Test”)”

Making complicated concepts and terms, simple. In this episode, 3 Minute Tech covers the topic of “Contributing to Super over age 67 (“The Work Test”)”.

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Episode 6 “Concessional Contribution Catch-up Provisions”

Making complicated concepts and terms, simple. In this episode, 3 Minute Tech covers the topic of “Concessional Contribution Catch-up Provisions”

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Episode 5 “How to build your Super Nest Egg?”

Making complicated concepts and terms, simple. In this episode, 3 Minute Tech covers the topic of “How to build your Super Nest Egg?”

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Episode 4 “Is Super still Super?”

Making complicated concepts and terms, simple. In this episode, 3 Minute Tech covers the topic of “Is Super still Super?”

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Episode 3 “How can I reduce the tax burden to my adult children”

Making complicated concepts and terms, simple. In this episode, 3 Minute Tech covers the topic of “How can I reduce the tax burden to my adult children”

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Episode 2 “How Much Tax Do My Beneficiaries Pay?”

Making complicated concepts and terms, simple. In this episode, 3 Minute Tech covers the topic of “How Much Tax Do My Beneficiaries Pay?”

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Episode 1 “Who Gets My Super When I Die?”

Making complicated concepts and terms, simple. In this episode 3 Minute Tech covers the topic of “Who Gets My Super When I Die?”

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