About the Author
Principal of NextGen Wealth Solutions22 posts
Liam Shorte is Principal of NextGen Wealth Solutions in the Hills and Hawkesbury Districts of Sydney and has a degree in Business Studies, an Advanced Diploma in Financial Services, a designated SMSF Specialist Advisor™ and Accredited Mortgage Consultant. Regular Contributor on SMSF issues to SuperLiving.com.au, MYOB’s blog The Pulse and Your Money Your Call on Sky Business Channel. Member of the FPA, SPAA and MFAA
Last night’s Federal Budget announcement had some winners and losers. But a budget deficit of $19.4 billion was always going to mean that there would be little or no good news for small business owners, despite Treasurer Wayne Swan’s emphasis on job creation. In truth, small business will be left wanting from the lack of any significant measures designed to make doing business easier, reduce costs, improve edu
Despite the number of interest rate cuts we have had from the Reserve Bank of Australia, Centrelink have only started to reduce the deeming rates. Jenny Macklin, the Minister for Families, Community Services and Indigenous Affairs, announced recently a reduction in the pension deeming rates, effective 20th March 2013.
The number of changes to superannuation by successive governments has left people a little confused over the limits that apply. One of the changes made last year could mean you are subjected to extra tax if you contribute too much to your super. I’m going to summarise the current rules that apply.
Until recently, I tended to base retirement planning strategies for clients on a book from the late 90s titled The Prosperous Retirement: Guide to the New Reality by Michael Stein. Stein divided retirement into 3 stages. Each of these stages affected spending patterns differently, so we could plan for clients’ needs at each stage.
Of late, I have been inundated with emails from fund managers, share brokers and economists saying that 2013 will see a surge in the local as well as international share markets, but they caution a short term pull back is due after the recent surge. One of the main reasons for this optimism is that with interest rates so low, cautious investors are now considering a move back into the share market, albeit mainly i
Have you ever had to deal with a Gen Y employee in your business? If you found yourself scratching your head with them, then you need to read this.