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Understanding & Avoiding Prohibited SMSF Loans

Understanding & Avoiding Prohibited SMSF Loans

Loans to members continue to top the list of reported contraventions in self-managed super funds (SMSFs), according to auditor contravention reports submitted for the 2019 to 2022 audit years. Constituting a substantial 16% of all reported breaches, this trend...

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Rightsizing Your Lifestyle: The Art of Property Downsizing

Rightsizing Your Lifestyle: The Art of Property Downsizing

As retirees embrace a new phase in their lives, property downsizing is gaining momentum as a strategic and rewarding financial move.Downsizing isn't just about reducing square footage; it's a lifestyle choice that can offer a range of benefits for those entering their...

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Chasing Up End Of Year Invoices

Chasing Up End Of Year Invoices

As the beginning of a new year arrives, businesses often find themselves in a familiar but often challenging position – chasing invoices.A healthy cash flow is the lifeblood of any business, providing the necessary resources for day-to-day operations, expansion, and...

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