SMSFs: Know your options for investing in property

We have been getting more and more enquiries here at Country Wide Wealth in relation to acquiring both residential and commercial investment properties by using a Self-Managed Super Fund (SMSF).   Whether it be purchasing a property outright using cash already held in your super fund or … [Read more...]

Five tax deductions to know about

Five tax deductions to know about You’re probably well aware you can claim a tax deduction for general work-related expenses. But did you know you may be able to claim if: 1. You take a course or study. You may be able to claim a portion of self-education expenses if it’s related to your ability … [Read more...]

The clock is ticking, superannuation changes effective 1 July 2017

Changes to the superannuation rules will come into play on 1 July this year. This is an opportunity for you to consider your circumstances and if it is right for you, you could make the most of the current rules that have larger contributions caps. Before-tax Contributions At present, before-tax … [Read more...]

2016-17 Federal Budget

In his budget speech, the Federal Treasurer Scott Morrison put forward a number of proposed changes, mainly around contributions to superannuation and taxation. Here’s a brief roundup of what the proposals could mean for you—whether you’re starting out in your career, taking care of family, on the … [Read more...]

Steps to Financial Planning

Your adviser is like a personal trainer for your money Financial advice will mean different things to different people. It will be tailored to your own unique circumstances and focus on the aspects of your financial situation that will deliver the greatest immediate and long-term benefit. STEP 1: … [Read more...]

Changes to pension assets test in 2017: Are you ready?

The Government has passed law to change Centrelink’s Age Pension assets test from 1 January 2017  Here's a reminder about the changes. To receive a full pension: From 1 January 2017, the Government will increase the assets test limit to qualify for a full pension to $375,000 for couples and … [Read more...]

Global share markets fall despite sound fundamentals

Global share markets fall despite sound fundamentals 25th August 2015 All major share markets have been sold down heavily over recent days. The correction on equity markets has also been accompanied by ongoing falls in the price of commodities and emerging market currencies. Since the … [Read more...]

Explore your options this end of financial year

With the end of financial year fast approaching now is a good opportunity to review your super savings with Country Wide Wealth. More and more people are finding that a conversation with an expert today can help them build for a better lifestyle tomorrow – with the added potential of saving on tax … [Read more...]

The 2015-2016 Federal Budget – here’s a summary of the key points

The Federal Budget was handed down last night - so what does it mean for your hip pocket? When it comes to accessing Government benefits, not to mention tax, paying the bills and saving for retirement, how could the Budget proposals change the way you live, work and pay for services on a … [Read more...]

What will your Pension look like?

Let's have a look for moment at what your pension from our Government may look like when you retire. You've worked long and hard and paid your taxes - you're entitled to a pension, right? Sure, why not. But it's not as simple as, OK you've reached retirement age here's your pension, thanks for … [Read more...]