Financial Planning Newcastle

For Financial Planning Newcastle, contact Brad Lonergan via email Brad@bmkfs.com.au or call 0423 621 120

2016-17 Federal Budget Update

Federal Treasurer Scott Morrison put forward a number of proposed changes, mainly around contributions to superannuation and taxation, in his budget speech.

Here’s a brief roundup of what the proposals could mean for you—whether you’re starting out in your career, taking care of family, on the cusp of retirement or enjoying life after work.

Remember, proposals […]

Federal Budget 2016 -17 Pre-Budget Update

This ‘Election budget’ will highlight the need to reform.

There will be added interest in the Federal Budget 2016-17 announcement on May 3 as it’s likely to be the final major economic statement the Government makes before the election later this year.

With the opposition taking a strong stance on capital gains tax and negative gearing, […]

Five ways to simplify your life

If managing life’s everyday complexities only seem achievable when you’re daydreaming about the chef, cleaner, personal assistant or nanny that you don’t have, you’re probably not alone.

And, if ‘turbulent’ is the way you’d describe your day-to-day routine, these tips may help you get back the hours you need for the things that matter most.

1. […]

Insurance Through Superannuation – 8 Things You Should Know

Am I better off buying insurance through superannuation?
When it comes to arranging insurance it’s important to decide what types of insurance are available to you and what you’ll need for your particular life circumstances. From here you’ll need to consider whether you should keep it inside your super fund or set it up separately.
What […]

A rough start to the year, which could have further to go

Seven reasons not to get too concerned though

Key points

Financial markets have started the year on a rough note as last year’s worries about China and global growth in the face of US monetary tightening continue.
This could drive more short term weakness. However, in the absence of US/global recession, which still seems unlikely, it’s hard […]

The Threat of Global Deflation – Financial Planning Newcastle

Financial Planning – Key Points

>> Falling inflation on the back of falling commodity prices and global spare capacity indicates deflation is more of a threat globally than a surge in inflation.

>> Further monetary easing in Europe, Japan and elsewhere should help head the threat off but it’s worth keeping an eye on.

>> Low interest […]

Protecting clients Against the Impact of Prostate Cancer

With Movember now in its final week, it is timely to consider the various insurance policies that may best protect your clients against the financial effects of prostate cancer.
This month marks ‘Movember’, the annual campaign to raise awareness of men’s health issues, including prostate cancer. Prostate is the most common cancer detected in men, with […]

Superannuation and Achieving a Comfortable Retirement – Newcastle

Many Newcastle women dream of a retirement where they can kick back and relax, do whatever they like and be free from the demands of others – actually focusing on caring for themselves. But this step often means being free from financial worries or concerns and for a large proportion of women, the prospect […]

Investing in a Holiday Home

Is it really your great Aussie dream?
It happens every year. You’re strolling down the high street of your local beachside town enjoying a long hot summer with the family when a holiday home in the real estate agents’ window catches your eye.

And you start thinking: “If we had our own place, we could […]

Are Australian Interest Rates on the Slide?

Oliver’s Australian Economy Insights

Key Points
>> The RBA was right to cut interest rates again. Growth is too low and inflation is benign. Expect the cash rate to fall to 2% in the months ahead.

>> Record low borrowing rates, the lower $A and the boost to spending power from lower fuel prices should help boost […]