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Spouse contribution splitting is a valuable superannuation strategy in Australia that allows one partner to transfer part of their concessional contributions to the other’s super account. This approach can equalize super balances, maximize Age Pension eligibility, and optimize tax benefits, especially when there is a significant age or income gap between spouses. While beneficial, it's important to understand the eligibility criteria and consult with your super fund and financial adviser to ensure this strategy aligns with your retirement goals.

The benefits of self-managed super funds are evident by their continued growth. This more detailed article explains why and the benefits of self-managing super.

A finance broker can navigate the process of finding the right loan for you so you can focus on what's most important to you. Further, a finance broker usually has access to a wider range of loan products and rates than if you went straight to one bank or did all of the groundwork yourself. In this article, we look at the role of finance brokers and the key benefits of using one. We also set out a list of questions and documents for clients to prepare themselves for a meeting with their finance broker.

This detailed article contains a comparison to show how salary sacrificing can be a tax-effective strategy when implemented correctly. It then includes a case study to show a comparison of salary sacrifice vs paying more off a mortgage.

This article explains how equity is accumulated and ways in which you can use some of your equity to build additional wealth. It explains there are risks when using your equity and suggests working with the right professionals to get a desired result.

Dive into the intricacies of Australia's Federal Budget 2024-25 presented by Treasurer Dr. Jim Chalmers. With a projected surplus of $9.3 billion, the budget aims to alleviate the burden of living costs, strengthen healthcare via Medicare, and fortify economic stability. Notable tax reforms entail the extension of instant asset write-offs for businesses, incentives for hydrogen and critical minerals production, and enhancements to foreign resident CGT regulations. Additionally, the budget allocates resources for rental assistance, electricity bill relief, student debt alleviation, housing endeavors, and apprentice support. Explore the revised tax brackets and thresholds, underlining the ongoing commitment to Australians' financial welfare.