Investment and Business Update
In our efforts to keep you up-to-date in such a rapidly changing environment, we provide the following summary to assist your understanding of events affecting our community, the global economy and share markets.
Read MoreStimulus Package – Commonwealth Seniors Health Care Card
Following the weekends announcements, the Government has halved the minimum drawdown for Account Based Pensions. The drawdown percentage is still based on age and is represented in the table below.
Read MoreNew minimum drawdowns for Account-based Pensions
Following the weekends announcements, the Government has halved the minimum drawdown for Account Based Pensions. The drawdown percentage is still based on age and is represented in the table below.
Read MoreSummer 2020 Newsletter
In our Summer Newsletter we introduce some new faces to the Muirfield team, Matt seeks to spell our some of the jargon you may have heard in financial circles and Courtney adds another string to his bow by offering mortgage advice. In addition, we discuss the over growing Centrelink wait times. Click the button to…
Read MoreWhat is the Pensioner Stamp Duty Concession?
As a pensioner in Victoria you may be eligible for a discount on the stamp duty when purchasing your next home. Find out if you are eligible.
Read MoreMaking Sense of the First Homeowner Super Saver Scheme
The First Homeowner Super Saver Scheme (FHSSS) allows first home savers to add money to superannuation, realise a tax saving and then withdraw the money from superannuation when the time comes to purchase a home.
Read More2020’s top economic jargon
If the economic concepts that arise this year don’t make much sense to you, congratulations: you’re not alone. To give you a fighting chance at keeping up, we have borrowed from The Age columnist, Jessica Irvine’s top 10 list of economic jargon words or phrases you’ll need to avoid looking silly at dinner parties this year.
Read MoreIncrease your Spouse’s Super
If you are a member of a couple, there are a few ways that you can build your superannuation balance either from household income, or your spouse’s superannuation contributions.
Read MoreCentrelink Wait Times
With an ageing population and an ever-increasing number of people applying for Centrelink benefits, the processing times of applications is understandably getting longer.
Read MoreWhat’s my Retirement Purpose
Retirement for most people is a daunting consideration – it is letting go of consistent security (often found through work and income) to financially support yourself (and dependents) for the rest of your life.
We often ask clients, what is your ‘purpose’ in retirement? A consideration that varies significantly from person to person.