Unlock Hidden Savings as your Children Grow Up
When you’re busily running on the treadmill of life, you often fail to notice hidden savings that occur as your children grow up. For example, it is not uncommon for parents to spend from $10,000 to $19,000 per child per year on child care fees. When your child starts primary school (assuming it’s not a […]
Would you buy a house with friends or relatives?
It’s not uncommon for friends and relatives to band together to capitalise on the investment property market. But what happens when it all goes wrong? The Housing Industry Association shows that it now takes 2.04 average full time salaries to comfortably service a standard mortgage on a median priced detached house in Sydney. So why […]
Making Donations in a Tax Effective Way
As you look forward to a new year, you may wish to review your charitable giving and how tax effective your philanthropy is. Not all charitable donations are tax deductible. Registered deductible gift recipients (DGRs) provide you with a receipt stating that the gifts are deductible. The Australian Charities and Not-for-profits Commission (ACNC) has a […]