Effectively managing a Self-Managed Super Fund can significantly impact reaching your retirement goals. However, it requires attention to detail and adherence to regulations. By setting up your fund correctly, keeping organized records, ensuring compliance, and consulting with professionals, you can enhance your SMSF management.

Superannuation is often seen as a cornerstone of financial security for Australians. It provides a pathway to a comfortable retirement. Yet, some recent events involving superfund managers have raised serious doubts about this trust. Reports of mismanagement and extravagant personal spending, funded by the very investments meant to secure retirements, are alarming. One notable case featured a manager allegedly spending over $440 million on luxury items such as Lamborghinis an

In Australia, negative gearing is a term that frequently comes up in discussions about the housing market. It's a strategy that can impact both property investors and tenants significantly. As the government contemplates changes to this tax approach, it is vital to understand what negative gearing is and how it could reshape the landscape of rentals across the country.