Ken is director of Metropole Wealth Advisory and gives strategic expert advice to property investors, professionals and business owners. He is in a unique position to blend his skills of accounting, wealth advisory, property investing, financial planning and small business. View his articles
More and more Australians are trying to protect their financial future by setting us their own Self Managed Super Funds (SMSF). However, there are some interesting rules governing and who is legally allowed to run them. But very few of us understand them. Did you know that a “disqualified person” is not permitted to be…
Did you know that as at 30 June 2017, there were more than 6.2 million lost superannuation accounts and the Australian Taxation Office held super accounts to a total value of $17.5 billion? That is a lot of money that could be better utilised to grow your wealth or to pass on to your family….
No one likes paying more tax. Now I recognise that I have to pay my fair share of tax, and in fact I do, but I recently realised that if Bill Shorten becomes our next Prime Minister millions of Australians will have to pay higher taxes. And he’s not just after “greedy property investors.” If…
Just like a tsunami builds as it races towards land, so too does it appear that current market conditions are escalating. Now, I’m not talking about the slowdowns in Sydney and Melbourne, because they are normal market cycle downturns. What I’m talking about is the number of other factors which are concurrently impacting the market…
Did you know that Australia’s superannuation system is valued at $2.7 trillion and expected to grow to over $4 trillion by 2025. And those dollars actually belong to everyday people who hope that one day their super will be enough to significantly supplement their income in retirement. The problem is that many super funds underperform…
It’s no secret that housing affordability has been dominating the headlines for the past year or two. But there is plenty of misinformation out there. This is especially the case for property investment, which seems to be taking the blame for the recent strong price growth in Sydney and parts of Melbourne. Both sides…
Do you own a holiday home – and are you being 100 per cent honest with the tax department about how you use it? Landlords with holiday homes need to be on their best behaviour, as the Australian Taxation Office (ATO) has announced plans to get tough on those who are cheating the system and…
