Setting aside time to review your finances is important. It’s also one of the easiest ways to keep your plans on track so that you may achieve your financial goals. Goals which might include an immediate solution for making ends meet or longer term goals that might include sorting out an appropriate succession plan for…
When was the last time you looked at your superannuation statement and checked who would receive the funds if you were to pass away? Planning so that the proceeds of your superannuation are distributed in accordance with your wishes is a relatively simple matter, yet it is often overlooked. This is especially important if your…
If you’re in business and you don’t have a plan for the unexpected or involuntary exit of any of the business partners (including you), this tip is for you. Create a “Will” for your business. Just like a Will for our own estate, a Will for your business will shore up arrangements for a buy-out and…
Family succession planning can be complex, particularly for rural families. None the less it’s important to take action and there are a range of matters that you will need to work through to not just achieve financial outcomes but also the legacy you wish to leave for the next generation. Here I’ve summarise for you…
Melissa Rebbeck’s column in this week’s Stock Journal, looking at the relationship between prior rainfall and follow up rainfall, makes for an interesting read. In it she talks about a program called Australian Rainman which uses long term data from Bureau of Meteorology weather stations to help forecast what rainfall is likely for your area.…
Being stuck in the office isn’t quite so bad when the weather is cold outside. We’re about to make one client’s new financial year quite happy after reviewing tenders from interested lenders. We have found a package that has the potential to save them almost $55,000.00 over 5 years! Call us for a review to…
Today saw the new Credit Reporting Rules come into effect in Australia. These new rules bring a change to how your credit history is reported and how much information is included in the reports. To better understand how these changes may affect you, we recommend you take some time to read the information on these…
First home saver accounts offer an effective way of saving for your first home because your savings are increased by government contributions. These contributions are a percentage of your own contributions, up to a limit each year. For full details select the link below. If you would like more information or assistance please give me…
It’s official. MFAA sent my accreditation for Self Managed Superannuation Funds, Limited Recourse Borrowing through today. The new MFAA logo will be loaded to the website in coming days:-) This advice is provided by Phillip Dibben under Financial Services SA rural business consulting services. Phillip Dibben is an MFAA Approved Credit Adviser, including SMSF lending,…
Friday’s my day to get my own bookwork up to date. I have been monitoring my business card statement with ANZ and noticed that they had been charging interest on a correction that was processed in October. I rang the Commercial Card Help Desk and they were able to help me get the problem fixed.…