We’re not your typical finance website (we’ve found they’re usually generic, hard to understand or not very helpful). We know that the financial decisions we make now will impact our quality of life in retirement in a big way. Because these decisions are so important, we reckon everybody should have clear and easily accessible information that empowers them to make financial decisions confidently and with understanding.
As accountants, financial advisors, fund managers and business owners, we have spent many years learning how to get ahead through managing our finances and those of our clients. On SMSF Mate, we aim to synthesize our experiences to provide you with information, insight, tips, tricks, and tools to help you successfully navigate the pitfalls and obstacles that can affect your retirement decisions.
Find the info you need without the jargon about superannuation, investments and self-managed super funds. Gain insights about finance you won’t find anywhere else, and get back to living life without the stress of knowing whether or not you’ve made the right financial decisions for your retirement.
Have you considered selling property from your Self-Managed Super Fund (SMSF) to yourself? The short answer is indeed, yes, you can, but it must meet specific conditions and align with the stringent guidelines set by the Australian Taxation Office.
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The SMSF Trustee Declaration is a legal obligation, distinct from the trust deed, which outlines the setup and operational structure of an SMSF. Upon becoming an SMSF trustee or director of a corporate trustee, it's crucial to understand the declaration's content, as it explains your duties and ensures the SMSF operates in compliance with the superannuation law.
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In recent years, SMSFs have become increasingly popular due to the enticing benefits they offer for property investment. As a favoured choice ...
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Superannuation is a cornerstone of Australia's financial framework, underpinning numerous retirement plans. For many Australians, effectively managing their superannuation is pivotal to ensuring a financially secure retirement. Expert superannuation advice can be invaluable, particularly when deciphering individual financial situations. Options like Self-Managed Super Funds (SMSFs) exemplify the evolving superannuation landscape, presenting personalised ...
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Superannuation stands as one of the most crucial pillars of financial planning, a cornerstone for a secure future. Yet, many are unaware of the potent tools and strategies available to them. Enter the Unused Carry Forward Concessional Contributions Rules – a pivotal mechanism that can significantly amplify one's retirement savings if leveraged ...
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Estate planning, often perceived as a mere administrative task, holds a pivotal role in ensuring the orderly distribution of assets after one's departure or during times of incapacity. It goes beyond just drafting a will, offering a thorough evaluation of one's present situation and anticipated future. In ensuring that our hard-earned assets ...
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What are the best Commodity (ETF) to invest in Australia? The top-performing ETF in Australia for 1 year based on 1 Year return is outlined in the table below. How Australian commodity ETFs work Australia’s commodities industry is a large part of its economy and presents an excellent opportunity to invest in ...
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We did some Googling and according to Canstar, the typical Aussie owes $3,925 on their credit card, has a personal debt of $21,200 (excluding credit cards and property loans) and has a mortgage of $540,166. Let's look at how that plays out in monthly repayments and let's see what happens if we ...
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Interactive Brokers is considered the industry standard when it comes to a trading platform that is accessible to the everyday SMSF investor. It caters for retail level traders all the way up to hedge fund managers which is why Interactive Brokers is considered the most advanced and accessible trading platform available today. It is a popular platform because:
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