Who has access to my bank details? What protections are in place to prevent misuse?

Two brothers – Paul Issa and Phillip Issa – ABC News Breakfast it was “appropriate that charges have been laid” and that: accessing anyone’s privacy, any Australian’s privacy, is alarming. Regardless of the outcome of this case, these allegations raise some obvious questions. Who – among bank staff, regulators, technology providers and other third parties … Read more

How SMSFs are taxed

How self-managed super funds (SMSFs) are taxed, what is assessable income, and what are allowable deductions. Tax on income Self-managed super funds (SMSFs) must pay tax on their assessable income. The most common types of assessable income are: assessable contributions net capital gains interest dividends rent. A complying superannuation fund that follows the laws and … Read more

Dividend versus growth investing – which option suits you?

Picking an investment strategy depends on your life stage, income needs and tax factors When considering a strategy for investing in shares, a good question to consider is do you prefer generating steady income, or pursuing long-term growth? Your answer will more than likely determine whether you focus on dividends or growth, two different approaches … Read more

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