The new financial year is just around the corner

The federal budget is done and dusted, the federal election is just around the corner, and before we know it we will be welcoming in the new financial year.

In this newsletter, we have included information about the tax implications of various superannuation strategies. We have also provided details about making downsizer contributions, which could benefit older Australians selling their homes. Please be aware that the results of the federal election may result in changes to superannuation and tax policies.

How do you approach the topic of money with your kids? We take a look at different money parenting styles. And, we delve into how our subconscious affects our attitudes towards money.

Finally, we have included a TED Talk that includes practical strategies for making the most of your time.

If you would like more information on any of the articles below, please contact this office on (08) 8379 3307 or geoff@needsfs.com.au.

Regards,

Geoff Needs

Tax on superannuation

How your super is taxed differs depending on your age, contributions and other factors, so it’s important to understand the different tax implications that could apply to your nest egg.

Read full article >>

Making downsizer contributions into super – what you need to know

Older Aussies can put up to $300,000 into their super using the money from the sale of their main residence, regardless of caps and restrictions that otherwise apply.

Read full article >>

What kind of money parent are you?

Many parents approach the topic of money differently, but could your way of doing things influence your kids’ success?

Read full article >>

How our subconscious affects our attitude towards money

Why you might be finding it difficult to save and what to do about it.

Read full article >>

How to gain control of your free time.

Laura Vanderkam offers some practical strategies for making the most of your time.

Read full article >>

GR & KA Pty Ltd (trading as Needs Financial Services) Authorised Representatives of AMP Financial Planning Pty Limited, ABN 89 051 208 327 AFS Licence Number 232706 Level 8, 33 Alfred Street Sydney NSW 2000 Australia
This email, including any attachments may contain information that is confidential and commercially sensitive. Unintended Recipient: If you are not the intended recipient you must not read, use, disseminate, distribute or copy any part of this email, disclose its contents to any other party, or take any action in reliance on it. If you have received this email in error please contact the sender immediately and delete this email. Paper copies of documents: You can request a paper copy of documents attached to this email by calling our office. Any advice or compliance documents will be mailed to you free of charge.
This email contains information that is general in nature. It does not take into account the objectives, financial situation or needs of any particular person. You need to consider you financial situation and needs before making any decisions based on this information.

You may still receive direct marketing from AMP as a product issuer, bringing to your attention products, offerings or other information that may be relevant to you. If you no longer wish to receive this information you may opt out by contacting AMP on 1300 157 173.

Address 74 Dashwood Road Beaumont SA 5066 Postal PO Box 6139 Linden Park SA 5065
(08) 8379 3307

Unsubscribe