Canberra announces early access to super as part of COVID-19 ‘Safety Net’

By William Buck on 23/03/20 - Mins to read: 2 minutes

Canberra has announced changes that have the potential to affect all superannuation fund members as part of the Federal Government’s ‘Safety Net’ package to counter the blows of COVID-19. There were two significant measures announced – early access to $20,000 for those hardest-hit by the coronavirus and a reduction in...
Read More >
Ultra-high net worth wealth management is a key growth area for William Buck SA

By William Buck on 23/03/20 - Mins to read: 2 minutes

Ultra-high net worth is the fastest growing part of William Buck South Australia’s Wealth Advisory business, according to Director, Wealth Advisory Adrian Frinsdorf. Mr Frinsdorf told Netwealth as part of its recent whitepaper How to attract and retain high-net worth clients that part of the reason for this is the...
Read More >
How much will you need to retire?

By Andrew Barlow on 23/03/20 - Mins to read: 2 minutes

‘How much do I need to retire’ is one of the most common questions we are asked by our clients. Often, they’re in the height of their careers, working feverishly to build a large enough nest egg to ensure they can, one day, retire comfortable. Preferably, this nest egg will...
Read More >
Update on the $1.7m Total Super Balance & Transfer Balance Cap

By William Buck on 23/03/20 - Mins to read: 2 minutes

Australia’s $1.6m Total Superannuation Balance and Transfer Balance Cap are expected to increase to $1.7m on 1 July 2021, which could result in additional opportunities to make additional contributions or reduce the tax on earnings within your superannuation fund. The Total Superannuation Balance and the Transfer Balance Cap were introduced...
Read More >
Positive full federal court ruling for companies accessing the Australian R&D tax incentive program

By Dr. Rita Choueiri on 23/03/20 - Mins to read: 2 minutes

Companies accessing the Australian Research and Development (R&D) Tax Incentive program can now do so with more confidence after a significant Federal Court ruling rejected The Administrative Appeals tribunals (AAT) somewhat narrow interpretation of what constitutes a ‘core R&D activity’ under R&D tax law. Based on our previous experience with...
Read More >
Aussies in these 32 super funds could be $200,000 worse off by retirement

By Aaron Trombetta on 23/03/20 - Mins to read: 2 minutes

A common question asked when it comes to superannuation funds is: What performance can you achieve? Before you begin exploring the infinite world of investment vehicles to match your desired risk/return profile, you may want to give yourself a free kick by making sure you are not paying too much...
Read More >