Tag Archives: dandenong

Masterclass SMSF – What happens when a member dies and what are SMSF dependents?

When a member of a SMSF dies, SIS Reg 6.21(1) directs that the member’s benefits must be ‘cashed’ as soon as practicable. The money is then paid by either a lump sum payout to dependants or to the estate, or … Continue reading

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MASTERCLASS Investment – What is GAAP – ie What are Generally Accepted Accounting Principles (GAAP)?

Companies listed on the Stock Exchange in Australia finish half-year reporting at the end of February and August. A common phrase “Generally Accepted Accounting Principles” (GAAP) consists of three important sets of rules: (1) Basic accounting principles and guidelines; (2) … Continue reading

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Basics about Super – How superannuation works, by ASIC

There are lots of sites with information – where can you learn about how superannuation works for someone who can be trusted? ASIC the Australian Securities and Investment Commission can help – Here’s some from their site – How super … Continue reading

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MASTERCLASS Investment – Difference between Fundamental and Technical Analysis in Share Investing?

Investors in shares can tend to fall into 2 groups – fundamental analysis and technical analysis, but we have come to learn and to understand what benefits BOTH stock-analysis disciplines, both fundamental and technical, can bring for increased share-market investment … Continue reading

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Pensions Centrelink – Beware of scams to watch out for targeting pensioners and older Australians

The Australian Government Department of Human Services (DHS) has some great tips on scams to watch out for targeting pensioners and older Australians, June 2017 – Older Australians keep a step ahead of the latest scams Scams are on the … Continue reading

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Basics about Super – What is Salary Sacrifice Super?

The Australian Tax Office (ATO) tells what is Salary Sacrifice Super– Salary sacrifice is an arrangement with your employer to forego part of your salary or wages in return for your employer providing benefits of a similar value. If you … Continue reading

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Masterclass SMSF – Who can be Trustee, special notes & Changing Trustee

All self-managed super fund (SMSF) members must be trustees of the fund, but a trustee need not be a member, however there are some exceptions such as: Minors, being too ill or old, mental incapacity or travel overseas for an … Continue reading

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