How does a superannuation proceeds trust work?

You can create a super proceeds trust through your will to ensure that your nominated beneficiaries receive your super death benefits without owing tax.

What happens if you make multiple car loan applications?

Finding the right car loan means looking at different lenders; however, your credit score is impacted if you file multiple applications at once.

Manual vs automatic car: which is better?

Find out the difference between a manual and an automatic car and which is better to drive.

What are cryptocurrency tokens and how do they differ from crypto coins

Learn what a cryptocurrency token is and what the difference is between a coin and a token.

Buy your first home with a low deposit and no LMI with these government-backed schemes

The Home Guarantee Scheme (HGS) is an initiative by the Australian government to help eligible first home buyers purchase a home sooner

When can I apply for withdrawing superannuation benefits?

You can typically apply to withdraw super benefits only once you reach your preservation age and meet a condition of release, but there may be restrictions involved.

When do I need an approved deposit super fund account?

An approved deposit super fund account can be used to deposit employment termination benefits after changing or losing your job and held for retirement.

What is the super guarantee charge?

The ATO levies the super guarantee charge (SGC) on employers if they fail to pay an employee’s super guarantee on time and to the correct fund.

Can you use the equity in your home to set up a business?

You can take out a home equity loan or refinance your mortgage to unlock the equity in your home to set up a home office or a small business.

What should you know about renting out a property with a mortgage?

You can rent out a newly purchased property, but consider applying for the mortgage as an investor so that you don’t lose out on tax benefits.