With many SMSF trustees requiring changes to their trust deed following the reforms to super, an industry lawyer has stressed the importance of reviewing the history of trust deeds.
While recent figures show a year on year increase in average floor size of our already large homes, our houses are actually not as big as they used to be.
The following links give you access to the specific issues and topics addressed in the 2017-18 Budget.
Comprehensive Budget overview : 27 sections covering every aspect of this year's Budget plus 6 Appendix of support information.
For those who like to 'get under the bonnet'
The global economy has maintained steady growth in the second quarter of 2017, providing a solid foundation for risk assets such as equities and corporate credit which further encourages investors to build a diversified portfolio, according to JP Morgan.
The marriage and divorce statistics for 2015 sadly suggest that 43 per cent of Australian marriages may end in divorce. Significantly, this number-crunching does not include separations of de facto couples.
The following link is a handy ABS tool if you want to see the demographic make-up of the area you lived as recorded in the 2011 Census. 2016 Census information starts becoming available from June 2017.
Following calls for the ATO to overhaul its approach to the issue of unpaid super, the tax office has pointed to the significant resources dedicated to super guarantee compliance and the billions in entitlements that have been transferred to employer accounts.
On 1 July 2017, the biggest changes to the super rules in a decade will come into effect. What are the basic steps to tick off with clients before then?