Find lost super

If you’ve ever changed your name, address or job, you may have lost track of some of your super. Finding your lost super and bringing it all together saves on fees and makes it easier to manage. Find your super Your lost super may be held by your super fund or by the Australian Taxation … Read more

Top 10 common GST mistakes in BAS reports

It’s easy to make a mistake when preparing your BAS. The key is to be aware of common pitfalls so you can avoid them.  Thankfully, with online accounting software, preparing your own Business Activity Statement (BAS*) is easier. Even so, the ATO has identified a number of mistakes commonly made in the BAS reporting form. Here are … Read more

Handle your after-auction matters like a pro

There’s a bit to sort out once your auction has wrapped up. We’re here to guide you through the key financial to-do’s after your auction – whether you’ve sold or getting ready for round two after passing in.  What happens with the buyer’s deposit? How it’s paid As the seller, how the deposit gets paid is your call – … Read more

Super lump sum

You may be able to take your superannuation as a lump sum payment when you retire. This is usually tax-free from age 60. How a superannuation lump sum works Depending on your fund’s rules, you may be able to withdraw some or all of your superannuation (super) as a lump sum. If so, you can … Read more

Why investors shouldn’t fear October

By Tony Kaye, Senior Personal Finance Writer, Vanguard Australia After strong gains over most of this year, September proved to be a rocky month for global stock markets. The broader Australian market fell more than 2 per cent over the month, while the United States market suffered a fall of almost 5 per cent. That … Read more

Are you making the most of a redraw facility?

A redraw facility allows you to make overpayments on your home loan. It also gives you peace of mind knowing that, if you’re faced with an unexpected expense, you can redraw the extra payments. How a redraw works You can make extra deposits by increasing the amount of your regular payments. You can also deposit the occasional lump … Read more