Monthly Archives: July 2018

Basics Superannuation – Basics 1-5 to know about super in Australia

Posted on July 31, 2018 by SuperBenefitnews

Superannuation Guarantee (SG) – All Employers must pay at least the value of 9.5% of your wages/salary (not FROM your pay, but another expense of the employer) to your member account in a super fund (including a self-managed super fund). … Continue reading →

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Masterclass SMSF – How to buy property with super fund – the steps for SMSF Property purchasing

Posted on July 20, 2018 by SuperBenefitnews

The legislation for Self-Managed Super Fund (SMSF) allows for borrowing to acquire properties when specific criteria are met. There are 2 main ways self managed super funds are buying property: Outright – If there is enough money to cover the … Continue reading →

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NEWS – Is your SMSF worse off due to poor advice?

Posted on July 12, 2018 by SuperBenefitnews

ASIC has found that 10% of SMSF set up advice is likely to leave people significantly worse off, with 91% of SMSF set up advice files not complying with the law. The regulator reviewed 250 client files randomly selected from … Continue reading →

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MASTERCLASS Investment – How to Understand Profit & Loss (or Income) Statements

Posted on July 5, 2018 by SuperBenefitnews

As previously explained at Company Reports, the Profit & Loss (or Income Statement) is one of three reports or statements that a company or business produces which shows how the business has performed. The other two reports are Balance Sheet … Continue reading →

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