Wooden blocks spelling the word 'SUPER'.

$220m in lost super to be seized by Government

Take Action: Review Your Super with a Judge AdviserTHE Turnbull Government is about to pocket a $220 million revenue windfall by seizing control of an estimated 100,000 super accounts. At the end of the month, super funds will have to transfer to the Australian Taxation Office (ATO) “unclaimed” or “lost” super account balances of up … Continued

Wooden blocks spelling the word 'SUPER'.

The introduction of $1.6m cap on income streams

Keeping Up with Constant Superannuation Rule ChangesEvery year, it seems, they change the rules – the retirement age, the contributions cap, and so it goes on.  We are analysing each of the newly legislated super changes, to ensure that you fully informed, understanding if you are affected and if so, how you are affected. The first … Continued

Rugby ball flying through goalposts under the sun.

Superannuation is a political football

How to Stay Focused and Adjust Your Super StrategyEvery year, it seems, they change the rules – the retirement age, the contributions cap, and so it goes on.  The most recent changes to superannuation include: Introduction of $1.6m cap on income streams with tax penalties if higher amounts are rolled over The division 293 income threshold … Continued

Retirement next exit highway sign with sky background

Retirement is no time to go on automatic pilot

Why Retirees Still Need Professional Financial Advice?There is a tendency, once people retire, and have their lump sum invested or an annuity in place, to think that they won’t really need professional financial advice. What we can tell you from experience, is that the exact opposite is true. We find that we actually spend much … Continued

Elderly couple enjoying scenic lake view together.

Time to take action for a worry-free retirement

As another year draws to a close, we reflect on the events and changes we have seen and how life seems to pass by more quickly every year. For those of us approaching or in retirement, it’s a great time to take stock of your situation and make some decisive moves for a more secure … Continued

Year-End Checklist of Critical Financial Issues

Is everything secure before your holiday break?

It’s that time of year when thoughts turn to relaxing with family and friends and perhaps getting away from it all. If you are going away you no doubt take care to lock the doors and windows, organise for mail and garbage bins to be checked and neighbours notified. But have you secured everything? There may … Continued

Family playing beach cricket on a sunny day.

Review your risk

With the festive season here, you may look forward to enjoying what we can only hope will be a glorious summer of sunshine, friends, family, food and time in the great outdoors. If you are planning long lazy days to recharge your batteries in preparation for the new year, it might also be a good … Continued

Gift box made of $100 notes with ribbon.

Making the most of your bonus!

At this time of the year, some of us are fortunate enough to be in ‘bonus’ discussions with our employer. If you are gearing up to receive a bonus this year, there is certainly no shortage of possibilities of what to do with it. Save or splurge? Christmas is just around the corner as is … Continued

Elderly couple reviewing documents with a calculator.

Don’t get caught offside when the pension rules change

The commencement of 2017 will see some significant changes to means testing for Social Security pensions (including the Age Pension). Uncertainty around income can be unsettling for those receiving a pension or considering retirement. That’s why it’s important to understand if and how you might be impacted by the new rules so that you can … Continued

Person using a calculator on a desk.

Fringe Benefit Tax Rules

Key Fringe Benefits Tax (FBT) ChangesWith the legislative changes for FBT implemented as  of 1 April 2016, it is important to get familiar with the new regulations. Some modifications have been made to salary sacrificed meal entertainment and entertainment facility leasing expense benefits, which may affect you. Some of the changes will affect all employers, whereas others … Continued

Person typing on laptop with gadgets nearby.

7 Ways to Improve Workplace Productivity

The success of any business, large or small, depends largely on nurturing an efficient, productive workplace. While improving employee productivity should be always be a priority when the ultimate goal is a sustainable and profitable business, the process is easier said than done. Below are some of the most effective methods of managing a productive, … Continued

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Buyers to Withhold Tax for ATO When Buying Certain Properties

New Withholding Tax Rules for Property Purchases Over $2 MillionParliament recently passed legislation amending the taxation law to impose withholding obligations on the purchasers of certain Australian assets – generally property purchased from a non-resident.  However, the changes will affect most purchases of property in Australia. The amendments impose a 10% withholding obligation on purchasers … Continued

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Holiday Homes: All You Need to Know

If you own a holiday home, it is important that it is treated correctly for taxation purposes. Here is a guide to the taxation implications of your holiday home. Holiday homes that are not rented out do not need to be included in your tax return, until you sell it. You must keep records from … Continued

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How To Claim Tax Deductions in Australia

Are You Paying Too Much Tax?It’s heartbreaking to think how much of your salary goes to tax, right? I believe every income earner feels the same. Of course, you would want to keep more of the money that you’ve earned and pay lesser tax as much as possible. But paying taxes is the law. More … Continued

Sunny beach with umbrella and deck chairs.

Are you on track to enjoy your retirement?

For many people, the decision around when to retire can be one of the most exciting, yet daunting, times of their lives. There are a number of strategies you can employ now, whatever your age, that may help you fulfil your retirement dreams. When should I retire? Unfortunately, there is no easy answer, as the … Continued

Silhouetted figures walking along a serene beach at sunset.

Estate Planning – from my own experience

The Loss That Changed EverythingMatthew McCabe, Financial Adviser, Judge Financial Planning Over 4 years ago, I lost one of my closest friends. Scott was a diesel mechanic in the mines, on good money and with the world at his feet. He supported his fiancé and her three kids, like they were his own. He was an extraordinary … Continued

Smiling women hugging at the beach

Understanding Aged Care

Navigating Aged Care with ConfidenceMatthew McCabe, Financial Planner and Retirement Specialist at Judge Financial Planning The emotional and financial upheaval of moving a family member into residential aged care is a daunting experience. If the complexities involved seem overwhelming, then perhaps our professional advice can help. There is a maze of legislation, entitlements and Centrelink … Continued

Age Pension Changes

After being first announced in the 2015 Federal Budget, there are some changes to the age pension that will come into effect on 1 January 2017. Here Matthew McCabe from Judge Financial Planning looks at what an increase or decrease in pension will mean, especially those that could have their pension entitlement removed completely. What … Continued

Australian property market cycle, September 2016.

Property Update – September 2016

When it comes to markets, the basics are supply and demand, however these all-encompassing terms are nuanced. Depending on your location or property type, the factors that drive demand can be wide and varied. The team at ‘Herron Todd White’ provide an insight on what drives demand in their particular patches. Sydney The factors that … Continued

Wooden blocks spelling the word 'SUPER'.

Superannuation changes

Following on from proposed superannuation changes announced in the Federal Budget in May 2016, the Government has just announced the following amendments.Reduction of the Non-Concessional Contributions CapThe proposed $500,000 lifetime non-concessional cap will be replaced by a new measure to reduce the existing annual non-concessional contributions cap from $180,000 per year to $100,000 per year. Opportunity: … Continued

Financial portal interface on desktop computer screen

Judge Personal Wealth Portal

Take Control of Your Finances with Our Personal Wealth PortalWe support a plethora of clients from a range of differing backgrounds. We have seen over the years that when clients come to us for advice, they find it difficult to account for where all their wealth is, where their wealth has gone, or what their … Continued

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Successful Small Businesses

Traits of Successful Small BusinessesInternational research has suggested that the following characteristics consistently play a role in successful small businesses: 1. Owners leading by example The owner or manager leads by example. He or she is usually the first to arrive, the last to leave. The owner knows everyone by name and their presence is … Continued

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Redundancy planning

Redundancy can be a traumatic event. It’s a challenge emotionally and financially and there are some big decisions required to help you make the most of your redundancy payout and get in control of your life and future direction.Making the wrong decision can be costlyThe truth is that many people can become overwhelmed by the … Continued