Author Archives: SuperBenefitnews

About SuperBenefitnews

Self-Managed Superannuation Service Providers in Australia. SuperBenefit provides a wholistic SMSF assistance, education and administration service continuum - 1. “assistance” is help of whatsoever nature where our overall SMSF experience and knowledge enables us to provide assistance/help without any legal (or “license”) limitations. 2. “education” involves providing knowledge through teaching, coaching and mentoring about all matters SMSF, including (but not limited to) investment issues such as equities and property, 3. “administration” encompasses all admin aspects of legally required SMSF trustee and member record keeping including (but not limited to) audit and ATO matters. In keeping with our key point that SuperBenefit does not provide Financial Advice, where issues arise from 1, 2, and/or 3 above Indicate a need for a legally authorized provider (such as a Financial Adviser) and the client does not have their own service provider, the client can utilize SuperBenefit’s ‘Connect Assist’ … SuperBenefit, in itself, does not provide Financial Advice, but it does provide the wherewithal for great SMSF service. WE do not provide Financial Advice or any other service that requires a legally authorized provider. However, where such advice or service is required we have our ‘Connect Assist’, a SuperBenefit resource we use to connect clients to a Licensed Advisor or other legally authorised service provider. Call us 0407 361 596, no obligation FREE Connection call to see how we can help you!

NEWS – Coronavirus Support Package SIMPLIFIED – Stimulus Package 12 & 22 March 2020

Summary Due to the Coronavirus COVID-19 significant economic consequences, the Australian Government has enacted a response that was passed in Parliament this week, to support individuals, households, businesses and broader community. Here is a comprehensive summary of several ATO Treasury … Continue reading

Posted in Coronavirus COVID-19, Economic Support Package, News & Stats, Super Law & Compliance | Tagged , , , , , , , | Leave a comment

CASE STUDY – Trevor & Julie – Already have property investments, now want property investment in superannuation

Trevor and Julie had built a property investment portfolio already. Trevor now had a well-paid job while Julie studied and stayed at home with their young children. Now was the time to put their super in their own control and … Continue reading

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Masterclass Investment – Working Capital Meaning

Companies need to balance the right amount of working capital to function optimally so let’s look at the working capital meaning. Working Capital is the liquid (cash) assets/capital of a business which is used in its day-to-day trading operations, calculated … Continue reading

Posted in Investing - Stock Fundamentals, Masterclass Investment, SMSF Investing | Tagged , , , , , , , | Leave a comment

Basics about Super – How much do you need to retire in Australia?

It’s not hard to find out – don’t put it off. Be informed and be prepared! How much do you really need? Recent research shows that the annual value of Age Pensions paid to those entitled to maximum benefits, amounts … Continue reading

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Masterclass SMSF – Super Rollover to SMSF – Tips to note

A rollover is when you transfer all or part of your super to another registered super fund. You can accept an SMSF Rollover from your commercial super funds (or other SMSF), but it is important to ensure the details are … Continue reading

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NEWS – Retirement reforms do not require major changes – Rice Warner

The current Retirement Income Review in Australia is looking at the system and what improvements may be required, but one actuary firm says the reforms do not require major changes. Darin Tyson-Chan at SMSmagazine reports – Submissions to the Retirement … Continue reading

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MASTERCLASS Investment – What is the Current Ratio and what does it tell us?

The Current Ratio formula gives a value which is one of a group called “liquidity ratios” and shows a company’s ability to pay its short-term obligations (note – short term refers to the next 12 months.) In other words it is … Continue reading

Posted in Investing - Stock Fundamentals, Masterclass Investment, SMSF Investing | Tagged , , , , , , | Leave a comment