Usually I don't like these types of 'too good to be true' statements, but this one is actually legitimate. The federal government's Superannuation Co-Contribution Scheme is still available, but with some limitations: Your assessable income for the 2014 Financial Year has to be no more than $33,516 You have to make a non-deductible contribution to your super, before 30 June 2014 The federal government will co-contribute 50% of your contribution, up to...

The European Central Bank (ECB) recently annouced it was offering negarive interest rates - what does that mean, and why should you care? Here's a simple explanation for you (try not to fall asleep): Banks generally have to deposit some of their money with a central bank (to make sure they have enough cash if their own depositers want their money back) Banks may also deposit money with a central bank, as it's considered a 'safe' investment When ...

I recently developed a strategy for a client which, in effect, will increase their compulsory employer superannuation contributions. Employers often 'package' their employee's remuneration package, possibly including a car allowance. However, some employers only calculate their compulsory super contributions based on the gross base salary (which doesn't include the car allowance component) If the car allowance component is say $17,000, the employee may miss ou...

We've received notice from one of our Financiers confirming some special finance rate offers for vehicles and equipment (new and used). Term Interest Rate 3 Years 5.05% 4 Years 5.29% 5 Years 5.52%         The offer is only for the next two weeks, and some conditions apply, so if you're in the market for a new car, or...