Wealth & Super Matters – Autumn 2023

In this Autumn issue of Wealth & Super Matters we’ll discuss:

  • Age Lowered for Downsizer Contributions

As of January 1st, 2023, the threshold for people wishing to make downsizer contributions to their superannuation was lowered from 60 years and over, to 55 years and over.

  • How Does Debt Affect Your Borrowing Ability?

Whether for personal use, purchasing a home or for a business purpose, you might seek to take out a loan to help pay off something or to purchase an item.

  • Mortgage Tips & Tricks During High-Interest Rates

Are you suffering from Mortgage Stress? If more than 30% of your pre-tax income is being put towards mortgage payments, you will likely join those suffering from mortgage stress.

  • SMSF Investment Strategies – Why Are They Important?

Regular updates to your SMSF investment strategy allow for you to accommodate market conditions, significant events or changes to the fund’s structure and reduce their impact on your SMSFs growth.

  • Personal Insolvency Agreements

Individuals with high debts might see bankruptcy as a solution to their problems. However, declaring bankruptcy has serious long-term consequences and should be considered a last-resort option.

  • What Happens To Superannuation During Bankruptcy?

Bankruptcy is a legal process that can be commenced when you are declared unable to pay your debts. It is a process that can release you from most debts, provide relief and allow you to make a fresh start.

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