The mandatory superannuation guarantee (SG) rate has increased from 11.5% to 12% for all eligible employees. This represents the final increment in the gradual increase that began in 2021-22 when the rate was 9.5%.

Financial advisory isn’t just about numbers—it’s about aligning your resources with your values, lifestyle, and aspirations. With a background in both accounting and financial planning, David Posterino, Managing Director of AS Wealth Advisors, breaks down the fundamentals of wealth management into clear, actionable steps that help Australians make informed decisions about their money.

A couple in their late 40s approached Alexander Spencer with the goal of gaining more control over their investments and exploring property acquisition through a Self-Managed Super Fund (SMSF). The wife runs a successful beauty business, while the husband is less involved in the business but is highly interested in investing in shares and cryptocurrency.

With the new financial year upon us, it is important to consider what is changing for Self-Managed Super Funds (SMSF) starting 1 July 2023. A summary of the key changes for Self-Managed Super Funds is outlined below, so you can plan for the year ahead…

Are you ready for wage changes post 30th June? This year’s Federal Budget confirmed that superannuation on wages paid from 1st July 2021 will increase from 9.5% to 10%. There will be further increases each year by 0.5% until 1st July 2025 when the rate …

Top 4 Advantages To Having A Self Managed Super Fund! Do You Need A Self Managed Super Fund? A Self-Managed Superfund (SMSF) has been one of the most talked about items in discussions surrounding tax, due to the numerous tax advantages it brings, both from …