What is a Financial Adviser? A financial adviser helps individuals manage their finances by offering expert guidance on budgeting, saving, investing, and retirement planning. They work with you to create a personalized financial strategy that aligns with your goals and circumstances. Financial advisers are like personal coaches for your finances. They set clear, achievable financial […]
Introduction Wealth transfer from the baby boomer generation has begun, with home ownership being a significant catalyst. The rising cost of homes in Australia, coupled with the steady target cash rate of 4.35%, has led many parents to consider helping their children buy homes. However, before stepping into the role of the ‘Bank of Mum […]
Introduction The ATO has issued a warning on SMSF asset valuations about sloppy valuation practices. ATO data analysis has revealed that over 16,500 self managed superannuation funds (SMSFs) have reported assets as having the same value for three consecutive years. With many of these assets residential or commercial Australian property, you can forgive the ATO […]