McKinnon Financial Services Articles

Property

Superannuation Downsizer Contribution

If you are nearing retirement, and your Financial Pan requires a maximum contribution to superannuation, you may be able to take advantage of the recent changes to the superannuation "Downsizer Contribution" rules. Superannuation contributions have limits that cannot be exceeded without incurring penalties and therefore if you are try...

Increase Mortgage Borrowing Capacity

The value of obtaining comprehensive financial advice before commencing any strategy to achieve your objectives may be the key factor in ensuring you obtain those objectives. We recently completed a mortgage finance assessment for a client wanting to purchase their first home, but their existing debts limited their borrowing capacity to a...

QLD Property Stamp Duty Increases

We recently discovered a nasty little change to the principle place of residence (PPR) stamp duty concession by the Queensland Office of State Revenue (OSR). Quite often when you're buying a new home you may not be able to move into it immediately because it is tenanted or you haven't sold your own home. Until recently, the OSR wa...

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