Investing for Income

The search for income is a major driver for many Australian investors, particularly those who have retired and/or who are running a Self-Managed Superannuation Fund. As official interest rates have slipped over the last decade from 7.25% to a record low of 0.75%, it has become more difficult to generate income. Here is a snapshot of the current climate and some considerations for investing. The move away from Term Deposits…  Read more

EoFY Super Contributions

Don’t leave your contributions to the last minute This is particularly important if you plan to claim a tax deduction for any of your contributions. Contributions are included in a financial year if they are received in your fund’s bank account by 30 June. With 30 June falling on a Sunday this year, it would be prudent to make your contributions by Wednesday 26 June to ensure they are received…  Read more

Changes to Insurance inside Superannuation

The Federal Government recently passed the “Protecting Your Super” (PYS) legislation package. This is designed to provide better outcomes for superannuation members by preventing inactive superannuation accounts being eroded by insurance premiums. From 1 July 2019, Super Funds are required to cancel insurance cover for any members whose accounts are deemed “inactive” for a continuous 16 month period and where the member has not elected to maintain insurance. Broadly, a…  Read more

Super opportunity for downsizers

After 1 July 2018, if you’re over 65 and sell your home, you can now put some of the money you receive into your super. How does it work? You can use the money from the sale of your house to make a ‘downsizer contribution’ to super of up to $300,000 or $600,000 for a couple. Who is eligible? You are eligible to take advantage of this scheme if you…  Read more

The 2018-2019 Federal Budget has been announced – so what does it mean for you?

On Tuesday 8 May 2018, the Federal Treasurer Mr Scott Morrison handed down the 2018-2019 budget. Whilst there was emphasis on bringing the budget back to surplus earlier than originally planned, as well as individual tax cuts, we have prepared a tax and superannuation brief to help break down all of the announcements and what they mean for you. If you have any questions about how the Federal Budget for…  Read more

Mark O’Connell wins Adviser of the Year award

  Mark O’Connell, who heads up our Allan Hall Financial Planning team, was named “Consultum Adviser of the Year” at the 2017 annual Consultum National Conference. The award, presented to Mark on Hamilton Island in October 2017 among all his Consultum peers, recognises outstanding Authorised Representatives who have gone the extra mile in providing professional financial advisory services to their clients. This award was one of four presented across a…  Read more

Allan Hall named finalist in numerous firm-wide categories, including the Australian Accounting Awards 2019

Allan Hall Business Advisors continues to impress with individual, network and firm-wide awards and accolades, with our latest nomination as finalists in 6 categories of the Australian Accounting Awards 2019, Women in Finance Awards and HR Manager of the Year. For further details and a full list of our recent awards, click below.

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Allan Hall is the Sydney member of Alliott Group, an award winning, growing, global alliance of 160+ accounting, law and consulting firms in 60+ countries.