Property is a dynamic asset class with many working parts, and it extends far beyond the ‘house in the suburbs’ most of us are familiar with.
Omniwealth
Incapacity and trustees: How to wind up an SMSF
When it comes to SMSFs, exiting at the right time and in an orderly fashion can often be a difficult decision to make for Trustees and members.
Investor properties: 70% of homes being resold will be purchased by owner occupiers
Many property investors skimp out on the finishes of their investment because they see it as an added expense that will only undergo wear and tear anyway.
Close to retirement? Time to look at the big picture
Do you have less than 10 years to retirement and are relying on picking the right shares to build your wealth? STOP. You are wasting your time. Here is why: S&P Global run a scorecard called the “S&P Indices Versus Active Funds” (aka SPIVA). This scorecard tracks the performance of active managers in the USA, […]
Omniwealth launches general insurance broking services arm
Diversified financial services group, Omniwealth, has launched Omniwealth Insurance Services to assist business clients with general insurance services. This new service further extends Omniwealth’s existing suite of in-house financial planning, accounting, business advisory, legal, mortgage broking and real estate services. Omniwealth Insurance Services is led by experienced insurance broker Anthony Anastasio. “My team and I […]
Only 31% of Australians have income protection insurance
Is your car insured? Over 83% of Australians say ‘Yes’. Is your home insured? Probably. Is your largest income producing asset insured? Probably not. Research collated by Lifewise.org.au shows that only 31% of Australians have income protection insurance.i Let’s think of it this way; the average income in Australia is around $78,000 per annum. For […]
Average Australian keeps job for three years and four months; has 17 jobs until retirement
The average Australian now will keep their job for three years and four months and have 17 jobs until retirement. That’s 56 years working and making Australian businesses and the economy one of the most resilient in the developed world. However, the mean superannuation balance at age 65 for males is $252,536 and females is […]
Holding personal shares? May be a good time to contribute them to your superannuation
The last twelve months have not been the nicest to share investors. The Australian All Ordinaries is down 5.1%. Finance sector stocks are down around 7.2%. Metals and mining sector stocks are down on average 19.2% for the year. However, this may present a smart opportunity for investors nearing retirement in the next five years. […]