News
Is ‘downsizing’ worth it?
Downsizer contributions are an excellent way to get money into superannuation quickly. And now that the age limit has reduced to 55 from 60, more people have an opportunity to use this strategy if it suits their needs.
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U R the Bank Series | Episode #3 – Reduce Business Risk
Welcome to Paris Financial’s series: ‘ U R the bank’. In this episode, Pat Mannix will chat about Reducing Business Risk. Follow each episode to find out how you can be your own bank, develop your own property portfolio, and protect everything.
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What are asset portfolios?
Building your wealth for the long term starts with a sound investment strategy; but with so many options outside your superannuation fund, from bonds to managed funds, where should you begin?
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Can super secure a woman’s future?
Many women retire with less super than men, resulting in lower living standards and higher risk of running out of savings. They can close this gap by checking their balance, investing wisely, and making extra contributions. By taking charge of their finances, women can secure a more prosperous retirement.
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Why investing for retirement is different
When you’re still employed and earning a salary, there’s money coming in you can rely on. In retirement, in the absence of a regular salary you’ll need to find a new way to secure enough income to cover your living costs.
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Economic update February 2023
Unlike in other regions, inflation still appears to be accelerating in Australia. Headline inflation rose at an annual rate of 7.8% in the December quarter, while the ‘trimmed mean’, the favoured measure among Reserve Bank of Australia officials, quickened to 6.9% year on year. This was the highest level since the series was introduced in 2003.
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Have You Received a Business Support Grant?
As a small business owner, it is possible that you may have recently received a grant to support your business during difficult times.
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Classifying a new worker
It is important to determine whether a new worker is classified as an employee or a contractor, as it affects tax, superannuation, and other obligations such as workers compensation insurance, as well as the worker’s entitlements.
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