http://wealthfarm.com.au/ Wealthfarm Articles http://wealthfarm.com.au/?process=views/article.php&articleId=11205 http://wealthfarm.com.au/?process=views/article.php&articleId=11205 Good Debt: is generally investment debt used to acquire quality appreciating assets that also produce assessable income. Generally interest payments on good debt are fully tax deductible. Bad Debt: is debt used to pay interest from after tax dollars and in this case interest payments are not tax deductible. Bad debt generally consists of principal and interest payments. The worst kind of bad debt is that used to purchase depreciating... http://wealthfarm.com.au/?process=views/article.php&articleId=11203 http://wealthfarm.com.au/?process=views/article.php&articleId=11203 Investment property can be fraught with danger and provides plenty of opportunities to make mistakes. Property Buyer Agents are becoming more widely used by property investors that want to ensure their purchase is researched and that they are not paying too much and that the property is in a good growth are. A Buyers Agent does the research and leg work and makes recommendations based on fact, not sentiment. Risky Investment Property... http://wealthfarm.com.au/?process=views/article.php&articleId=11202 http://wealthfarm.com.au/?process=views/article.php&articleId=11202 We all know running a business is complicated. One minute you are making finance decisions, then considering marketing and also dealing with human resource issues, and that could all be in the first hour of the day! Running a business requires a range of complex issues to be managed on a daily basis to ensure its growth and profitability. Because of this many owners find they are simply too busy to have time to plan for what might or might... http://wealthfarm.com.au/?process=views/article.php&articleId=11204 http://wealthfarm.com.au/?process=views/article.php&articleId=11204 Last year more than 1.4 million people claimed over $25 billion in rental deductions in their tax return. Over 200,000 of these people were claiming deductions for the first time. With so many people claiming deductions the Tax Office is continuing its focus in this area to ensure you get your claim right. This year the Tax Office will write to around 110,000 people who have purchased rental properties in the past 12 months with advice on... http://wealthfarm.com.au/?process=views/article.php&articleId=10878 http://wealthfarm.com.au/?process=views/article.php&articleId=10878 I would like to provide you with an update on some recent developments in global sharemarkets. There has been increased sharemarket volatility over the last few weeks but it is also important to be aware that the Australian sharemarket, as measured by the S&P/ASX 200 index, reached an intra-day high point on 15 April 2010 relative to its low point in March 2009. Following the recent market high point, the Australian sharemarket has... http://wealthfarm.com.au/?process=views/article.php&articleId=10874 http://wealthfarm.com.au/?process=views/article.php&articleId=10874 While the 2010 Federal Budget contained few surprises, some tax, super and social security changes were announced that may require a review of your personal situation. Please note these announcements are yet to be legislated. For further clarification on any of the above changes or for assistance with how they may impact your personal situation, please contact my office. Summary of key announcements The key proposals announced in the 2010... http://wealthfarm.com.au/?process=views/article.php&articleId=10856 http://wealthfarm.com.au/?process=views/article.php&articleId=10856 Is your mortgage ticking all the boxes when it comes to your circumstances? Have you had the time to do a comparison of all the different mortgage facilities available on the market? Getting a mortgage is a bit like getting a fish tank. After the initial excitement dies down of having something new, you tend to just glance at them as you wander past. Both are just as hungry - they need feeding all the time. And you don't really tend to give... http://wealthfarm.com.au/?process=views/article.php&articleId=10836 http://wealthfarm.com.au/?process=views/article.php&articleId=10836 Business owners should by now be looking at strategies to legitimately reduce their tax bill for the 2009/10 tax year. Some tax planning strategies techniques differ depending on whether the business is a “small business entity”. The most common strategies that should be considered prior to 30 June 2010 include: Small business entity (SBE) tax concessions The “small business entity” (SBE) tax... http://wealthfarm.com.au/?process=views/article.php&articleId=10818 http://wealthfarm.com.au/?process=views/article.php&articleId=10818 Summary of Henry Recommendations The Henry Review was predicated on the basis the Australian tax system should support the development of the economy by encouraging:  workforce participation;  a more efficient pattern of saving;  investment in education and physical capital;  structural change; and  sustainable economic activity. The Committee based its... http://wealthfarm.com.au/?process=views/article.php&articleId=10816 http://wealthfarm.com.au/?process=views/article.php&articleId=10816 Resources tax to pay for superannuation, and small business concessions and company tax cut. In the first wave of a 10 year agenda the Government proposes to introduce a Resources Super Profits Tax to fund concessions for company and small business taxes, and superannuation. Other proposals being considered by the Government include making tax time simpler and improving incentives to save. The Government has also announced the... http://wealthfarm.com.au/?process=views/article.php&articleId=10490 http://wealthfarm.com.au/?process=views/article.php&articleId=10490 The following provides some preliminary information regarding applying for PAYG Variation as a result of investment in Australian residential rental property by Australian residents under the Australian taxation laws. This advice is of a general nature and you should seek independant professional advice before acting on any of this information. OVERVIEW OF PAYG VARIATION Sometimes the expenses associated with holding a rental property... http://wealthfarm.com.au/?process=views/article.php&articleId=10536 http://wealthfarm.com.au/?process=views/article.php&articleId=10536 There is a new bean counter in town who does more than just count beans! Book now to attend a FREE Business Intelligence Workshop. These sessions are completely designed for small to medium size business owners looking for a service that will help their business grow by not only removing the time consuming task of complying with tax and ASIC rules and regulations, but also helping to create a business plan that ensures that they are... http://wealthfarm.com.au/?process=views/article.php&articleId=10438 http://wealthfarm.com.au/?process=views/article.php&articleId=10438 If your life has changed, maybe it's time your insurance did too... There are so many things in life to think about and insurance isn’t always top of mind. However if your family has been through some changes, it’s worth making sure you look at insuring the things that are important to you. It’s worrying to know after just one month without work, over half the families in Australia will run out of money * yet... http://wealthfarm.com.au/?process=views/article.php&articleId=10416 http://wealthfarm.com.au/?process=views/article.php&articleId=10416 A lot of people have been asking me about property investment recently. Their questions are typically along the lines of ‘Is now a good time to buy an investment property?’ to which I answer ‘Yes, now is an excellent time to invest in property, as long as you’ve done your homework’. It’s typically at this point that most people give me a blank expression, as they have little idea of... http://wealthfarm.com.au/?process=views/article.php&articleId=10415 http://wealthfarm.com.au/?process=views/article.php&articleId=10415 Ok the class is in, everybody’s present, time to open your books and turn to chapter 11, Education Tax Refunds. The kids are back at school; that’s probably a positive. But you’re left with a hole in your bank account from all those school related expenses. We’ll put that in the negative column. But there is a positive side to all the money you’ve spent, and that is that quite a bit of it is... http://wealthfarm.com.au/?process=views/article.php&articleId=10394 http://wealthfarm.com.au/?process=views/article.php&articleId=10394 Let me get straight to the point: If you own an investment property (or properties) then chances are you do not claim anywhere near the amount of tax benefits that you are legally entitled to. In other words, you are letting the Australian Taxation Office keep money that is legally and rightfully yours. The problem is that whilst most people understand that investment properties are meant to give you tax benefits few actually understand... http://wealthfarm.com.au/?process=views/article.php&articleId=10331 http://wealthfarm.com.au/?process=views/article.php&articleId=10331 Did you know that under recent changes to legislation, your Self Managed Superannuation Fund (SMSF) can now purchase residential, commercial and retail property? It sounds almost too good to be true but your fund makes all loan repayments and when the property is paid off, ownership of the property is transferred to the SMSF. Your other SMSF assets remain fully protected as in the event of default, the borrower only has recourse to the... http://wealthfarm.com.au/?process=views/article.php&articleId=10336 http://wealthfarm.com.au/?process=views/article.php&articleId=10336 PRESS RELEASE – For Immediate Release March 10, 2010 Wealthfarm launches accounting division Leading Gold Coast financial planning company Wealthfarm is set to become a one stop financial needs company after its recent merger with David Brooks Accounting on Hope Island. Nicholas Sinclair, founder of the Wealthfarm Group of companies believes that the launching of Wealthfarm Accounting completes a key piece of the vision that... http://wealthfarm.com.au/?process=views/article.php&articleId=10174 http://wealthfarm.com.au/?process=views/article.php&articleId=10174 We are excited to announce that we have merged the accountancy practice of David S Brooks into our new arm of the Wealthfarm Group, Wealthfarm Accountants. Wealthfarm Accountants, like Propertyfarm, is part of the Wealthfarm Group. Our highly qualified team of Taxation Specialists have vast experience in working with individuals from a range of occupations, as well as SME businesses in all types of industries. Our professional and... http://wealthfarm.com.au/?process=views/article.php&articleId=9752 http://wealthfarm.com.au/?process=views/article.php&articleId=9752 New Year New Life: Financial Freedom or Financial Hardship? The simple steps to Wealth Creation that anyone can achieve Will you be part of the 90% of age pensioners that will have very little in retirement with few assets outside of the family home, if that? Could you exist on the Government Age Pension?* Do you worry about how you’re going to pay the bills when you no longer receive a regular pay cheque? Do you feel frustrated... http://wealthfarm.com.au/?process=views/article.php&articleId=9057 http://wealthfarm.com.au/?process=views/article.php&articleId=9057 Life insurance can provide a lump sum payment on your death. This payment can be used to clear your debts and help your family meet their ongoing living expenses. Some people also use life insurance to cover items such as funeral expenses. Income protection insurance (also known as salary continuance insurance), can provide you with a monthly payment (usually up to 75% of your income) if you are temporarily unable to work due to... http://wealthfarm.com.au/?process=views/article.php&articleId=9062 http://wealthfarm.com.au/?process=views/article.php&articleId=9062 Reporter: Phillip Lasker  House prices are on the way up again and economic forecaster BIS Shrapnel is convinced even rising interest rates won't put the brakes on. It's predicting house prices will increase by up to 20 per cent over the next three years.  Home is where the equity is for many Australians, so house hunters are proving resilient. Robert Mellor, Managing Director, BIS Shrapnel said "I... http://wealthfarm.com.au/?process=views/article.php&articleId=9059 http://wealthfarm.com.au/?process=views/article.php&articleId=9059 OUR SEVEN BIGGEST ECONOMIC QUESTIONS By Robert Gottliebsen Business Spectator As I move around the community and conduct radio interviews I find the same questions being asked about the economy. So today I have selected seven of the most popular economic questions and answered them. 1. When will prices for imported appliances and other goods begin to fall given the rise in the Australian dollar? And will it ever happen to... http://wealthfarm.com.au/?process=views/article.php&articleId=8763 http://wealthfarm.com.au/?process=views/article.php&articleId=8763 Swan warns of interest rate hikes when stimulus spending is removed. 9/09/2009 10:00:00 AM Treasurer Wayne Swan says interest rates will go up as the government withdraws its stimulus measures. While Labor is committed to maintaining its spending programs for now, aspects of the stimulus are due to end by December, including the small business investment allowance and a more generous first homeowners' grant. Asked about the prospect of... http://wealthfarm.com.au/?process=views/article.php&articleId=8672 http://wealthfarm.com.au/?process=views/article.php&articleId=8672 Wealthfarm Financial Planners 10 Short Street SOUTHPORT QLD 4215 1 September 2009 NEWS RELEASE Customers rate MLC/Garvan Financial Planning as Australia’s leading financial advice group. Local financial advice business Wealthfarm Financial Planners is part of the MLC/Garvan Financial Planning network, which has won the CoreData Major Financial Advice Group award for the second consecutive year. The award is the result of... http://wealthfarm.com.au/?process=views/article.php&articleId=8267 http://wealthfarm.com.au/?process=views/article.php&articleId=8267 Superannuation Changes - Reduction in contribution caps. Date of effect: 1 July 2009 . The concessional contribution (CC) caps for those under and over age 50 was halved from 1 July 2009. The reduction to the CC cap will affect salary sacrifice and transition to retirement pension strategies. As a consequence of these changes, the annual non-concessional contribution (NCC) cap will become six times the CC cap (as it applies to... http://wealthfarm.com.au/?process=views/article.php&articleId=8244 http://wealthfarm.com.au/?process=views/article.php&articleId=8244 The annual Colliers International Gold Coast and Northern NSW Hot Spots report identified 10 suburbs that are expected to record strong positive growth this year. The picks included the coastal suburbs of Casuarina Beach, Labrador and Tweed Heads, the inland hamlets of Murwillumbah and Mudgeeraba and the development rich areas of Oxenford, Helensvale, Merrimac, Robina and Reedy Creek. Colliers International Gold Coast research manager Lynda... http://wealthfarm.com.au/?process=views/article.php&articleId=8243 http://wealthfarm.com.au/?process=views/article.php&articleId=8243 First home concession If you have never owned a home before, you may be entitled to a ‘first home’ concession (which is greater than the home concession). You can claim a first home concession if you: • buy a home and move into it within one year of the date of transfer • live in the home as your principal place of residence • do not sell, transfer, lease or otherwise grant exclusive... http://wealthfarm.com.au/?process=views/article.php&articleId=8242 http://wealthfarm.com.au/?process=views/article.php&articleId=8242 1. Pay off debts. Making additional credit card, personal loan or home loan repayments can help you pay off your non-deductible debts faster and save on interest. 2. Start a regular investment plan. Even if your tax savings are relatively small, you could still build up a sizeable investment portfolio over time – particularly if invested in growth assets such as shares and property. 3. Leverage your regular investments.... http://wealthfarm.com.au/?process=views/article.php&articleId=8241 http://wealthfarm.com.au/?process=views/article.php&articleId=8241 1. Know where you stand. Before you start house hunting, find out how much you can borrow, what you’ll need for the deposit and costs and whether you qualify for the First Home Owners Grant and other forms of assistance. 2. Don’t over commit. It can be tempting to borrow the maximum amount available. But make sure you can afford the repayments and consider the impact that higher interest rates could have on your household... http://wealthfarm.com.au/?process=views/article.php&articleId=8240 http://wealthfarm.com.au/?process=views/article.php&articleId=8240 The annual Colliers International Gold Coast and Northern NSW Hot Spots report identified 10 suburbs that are expected to record strong positive growth this year. The picks included the coastal suburbs of Casuarina Beach, Labrador and Tweed Heads, the inland hamlets of Murwillumbah and Mudgeeraba and the development rich areas of Oxenford, Helensvale, Merrimac, Robina and Reedy Creek. Colliers International Gold Coast research manager Lynda... http://wealthfarm.com.au/?process=views/article.php&articleId=8239 http://wealthfarm.com.au/?process=views/article.php&articleId=8239 Institute President David Airey says first homebuyers have dominated the market for the past nine months largely due to the grants on offer, but there's increasing evidence investors are back. The seasonally adjusted value of finance commitments for investment housing increased for the second consecutive month in April, according to Australian Bureau of Statistics data. The rise was due to investment in existing housing, with investment in... http://wealthfarm.com.au/?process=views/article.php&articleId=7205 http://wealthfarm.com.au/?process=views/article.php&articleId=7205   Rated by customers as Australia’s leading financial advice group for second year in a row, Garvan/MLC Financial Planning was recently awarded Australia’s number one Major Financial Advice Group for the second year by CoreData and Wealthfarm Financial Planners is extremely proud to be a part of this advice network.   The award is the result of mystery shopper research conducted throughout... http://wealthfarm.com.au/?process=views/article.php&articleId=7051 http://wealthfarm.com.au/?process=views/article.php&articleId=7051 Economic momentum is clearly still negative, but investors should not rule out the chance of a sharemarket recovery this year or next. The sharemarket is effectively a discounting mechanism that forecasts what is going to take place in the future rather than what is happening now. With that in mind, it is possible to envisage a situation where the macroeconomic backdrop is deteriorating, while sharemarkets move forward. It is also worth... http://wealthfarm.com.au/?process=views/article.php&articleId=6978 http://wealthfarm.com.au/?process=views/article.php&articleId=6978   Is it time to check your Mortgage? Wealthfarm Financial Planners are now well set up to offer our existing and new clients quality service and advice on new lending products available in the Home Loan market. Clients can be confident when coming through our process, that they are dealing with a team of professional financial specialists in a Mortgage Lender and Financial Planner working... http://wealthfarm.com.au/?process=views/article.php&articleId=6975 http://wealthfarm.com.au/?process=views/article.php&articleId=6975   Self-funded retirees who are invested in the sharemarket have arguably been the hardest hit by the global financial crisis. Many may now be wondering if they should move their account-based pension into a more conservative investment portfolio, which contains less growth assets such as shares and property. So we went back through history to see the impact that switching to a more conservative portfolio would have had, if done... http://wealthfarm.com.au/?process=views/article.php&articleId=6976 http://wealthfarm.com.au/?process=views/article.php&articleId=6976   The million dollar question... It’s official, well sort of ‘official’ - Australia is heading for a recession.   This is both good news and bad news. I’m happy now that the news is out, because we all sort of knew it anyway, didn’t we? And now we can move on.   While I’m not trying to play down the severity of our problems, I know that the next stage... http://wealthfarm.com.au/?process=views/article.php&articleId=6650 http://wealthfarm.com.au/?process=views/article.php&articleId=6650   First Home Buyers - Buy now ... http://wealthfarm.com.au/?process=views/article.php&articleId=6381 http://wealthfarm.com.au/?process=views/article.php&articleId=6381   It seems that Generation Y, those born between 1978 and 1994, are in danger of experiencing their first recession. MLC’s Brian Parker considers how a lifetime of market and economic buoyancy has influenced Gen Ys and the impact a global recession may have on the next generation of leaders. A big part of my role at MLC is to fly around the country speaking at client seminars hosted by financial advisers. The average age... http://wealthfarm.com.au/?process=views/article.php&articleId=6380 http://wealthfarm.com.au/?process=views/article.php&articleId=6380   Wealthfarm is proud to announce that we recently became the first business in Queensland, and only the third in Australia, to achieve certification under the internationally-recognised best practice standard for financial planning businesses – FP9000. This standard is based on SAI Global’s Quality Endorsed Company program, which is recognisable as the ‘five ticks’... http://wealthfarm.com.au/?process=views/article.php&articleId=6379 http://wealthfarm.com.au/?process=views/article.php&articleId=6379   These days there are many financial choices and decisions to be made. We have been listening to your requests and are happy to announce some additional services so we can address your financial needs under the one roof.   In conjunction with MLC Mortgage Solutions, Wealthfarm have launched the ‘Adviser Finance Centre’. Wealthfarm now has a dedicated ‘Lending... http://wealthfarm.com.au/?process=views/article.php&articleId=6378 http://wealthfarm.com.au/?process=views/article.php&articleId=6378   It’s certainly been a tough year for investors. It started promisingly with the Australian sharemarket reaching a record high in October 2007. But the subsequent credit crunch has since become a global financial crisis and the real economy is weakening.   Many of us may still be wondering exactly how a problem involving risky mortgages in the United States has come to affect our super and pension balances half... http://wealthfarm.com.au/?process=views/article.php&articleId=6377 http://wealthfarm.com.au/?process=views/article.php&articleId=6377   In times like these, everyone claims to have the answers on how we can trim the household budget to help make way for the rising cost of living.   It’s easy to declare that getting rid of the morning espresso, or buying groceries in bulk from discount warehouses, are the answers to cutting costs. But what if there’s an easier way? Where does the bulk of our spending really go?   Write it... http://wealthfarm.com.au/?process=views/article.php&articleId=6653 http://wealthfarm.com.au/?process=views/article.php&articleId=6653   After the worst year for equities since the great depression, the key investment question for 2009 is whether risk assets will out-perform safe assets. This year will see a tug of war between apparently cheap asset pricing and rapidly deteriorating fundamentals. What happens in markets depends on what new information there is and how this compares to what’s already priced... http://wealthfarm.com.au/?process=views/article.php&articleId=6226 http://wealthfarm.com.au/?process=views/article.php&articleId=6226 Silly Season is fast approaching with invitations to Christmas parties rolling in and present lists being compiled. At this time of the year it seems so easy to blow the wage on festive activities. Australians seem to love purchasing everything on credit which creates high levels of debt.   With the market the way it is at the moment, I encourage everyone to focus on paying off your credit cards, your Harvey Norman ‘pay... http://wealthfarm.com.au/?process=views/article.php&articleId=6225 http://wealthfarm.com.au/?process=views/article.php&articleId=6225   Have you ever wondered why super funds ask you to nominate a beneficiary?   The reason is that if you die while you are member of a super fund, such as MLC MasterKey, the fund will generally pay a death benefit to your eligible beneficiaries and/or your legal personal representative.   It’s important to nominate somebody because otherwise the Trustee (of the fund) will decide who receives your... http://wealthfarm.com.au/?process=views/article.php&articleId=3845 http://wealthfarm.com.au/?process=views/article.php&articleId=3845 As an investor reading recent financial headlines, you could be forgiven for getting nervous about your investments. While the recent volatility in markets has been unsettling for many, it's important to recognise that volatility in sharemarkets is not unusual. In fact, what has been more unusual is the apparent lack of volatility in markets for the past several years. The local sharemarket has posted amazing returns for a longer period... http://wealthfarm.com.au/?process=views/article.php&articleId=5903 http://wealthfarm.com.au/?process=views/article.php&articleId=5903 Source: Patrick Stafford (SmartCompany) The Reserve Bank will make a fourth consecutive cut to the official interest rate next Tuesday, an AAP survey of 18 economists predicts. The survey shows that all 18 economists surveyed believe the Reserve Bank will cut the official cash rate at its meeting next Tuesday, while 11 say the rate will drop by 75 basis points. This would bring the rate down to 4.5% – the lowest point since June... http://wealthfarm.com.au/?process=views/article.php&articleId=5046 http://wealthfarm.com.au/?process=views/article.php&articleId=5046  Source: Patrick Stafford (SmartCompany) Australian investors have a reason to smile for the first time in a week after the local market received a boost from a huge night on the global market. The prospect of a 0.5% cut to official US interest rates sparked a sharp turnaround for American markets, which surged 11% overnight. The Dow Jones Industrial Average had its second best day in history, jumping 889.35 points or... http://wealthfarm.com.au/?process=views/article.php&articleId=5548 http://wealthfarm.com.au/?process=views/article.php&articleId=5548   Wealthfarm Financial Planning has been the third company in the world to be awarded the FP9000 certification under a standard developed by SAI Global. Wealthfarm Financial Planners in Southport, Toowong and Mackay were awarded ISO FP9000 last week when all internal work systems complied with the Quality Endorsed program. ‘This was particularly rewarding to receive this achievement with the market in its current... http://wealthfarm.com.au/?process=views/article.php&articleId=5466 http://wealthfarm.com.au/?process=views/article.php&articleId=5466 Source: Michael Laurance (SmartCompany)   1. Eliminate emotion from your investment decisions The emotions of fear and greed should have no place in your investment decisions. Investors who panic when markets are sharply falling, and become overly exuberant when markets are sharply rising, are following an almost sure formula for losing money. For instance, why sell a top quality stock that has already fallen say 30% or more in... http://wealthfarm.com.au/?process=views/article.php&articleId=5411 http://wealthfarm.com.au/?process=views/article.php&articleId=5411 Some people think saving and investing is the same thing. But the truth is each requires a different approach and a different way of thinking. Saving is simply putting aside some of your disposable income for a short-term goal, such as a holiday or a car. It’s a conservative approach that involves taking very little risk with your money. A bank account or cash management trust is usually sufficient for this purpose. Investing, on... http://wealthfarm.com.au/?process=views/article.php&articleId=5316 http://wealthfarm.com.au/?process=views/article.php&articleId=5316 Hi there We know you are heads down, but thought you should know the good news as soon as possible. The Reserve Bank has cut interest rates by a full 1% to 6%, double the 50 basis points expected by the market. The Government must ensure that commercial banks pass this rate cut on as soon as possible to business customers and consumers, as many are renegotiating their loans for 2009. Pundits are already... http://wealthfarm.com.au/?process=views/article.php&articleId=5409 http://wealthfarm.com.au/?process=views/article.php&articleId=5409 Congratulations Wealthfarm Financial Planners who won Emerging Business for the month of September in the Gold Coast Business Excellence Awards. The 2008 Grand Final is being held this November. http://wealthfarm.com.au/?process=views/article.php&articleId=5038 http://wealthfarm.com.au/?process=views/article.php&articleId=5038 Over the past few months market outlook has changed little if at all. By observing the continuing negative performance of the global sharemarkets (generally a leading indicator for global growth), there is little doubt the global economy will continue slowing in the short-term.  Much of the negativity has and continues to be largely attributed to the tightening of global liquidity in response to the sub-prime issues, higher... http://wealthfarm.com.au/?process=views/article.php&articleId=5037 http://wealthfarm.com.au/?process=views/article.php&articleId=5037 Below are some key events that have occurred over recent months.  While there were some indications that the rate of decline had at least started to slow and in some cases even started to recover, further surprises and corporate disasters have continued to emerge. The 2008 calendar year to date has been one of the worst in recent history with most major global sharemarkets experiencing declines. In early April, the market was... http://wealthfarm.com.au/?process=views/article.php&articleId=5036 http://wealthfarm.com.au/?process=views/article.php&articleId=5036 The chart below, titled "History of the Australian Sharemarket January 1900- August 2008", illustrates how the Australian sharemarket has historically experienced, and will continue to experience, declines and volatile periods.  Events occur which will impact the sharemarket in the short term, however the sharemarket has historically recovered and delivered solid returns over the longer term.  Timing of... http://wealthfarm.com.au/?process=views/article.php&articleId=5175 http://wealthfarm.com.au/?process=views/article.php&articleId=5175 Stress! Just the thought and sound of the word can get the blood pumping and the nostrils flaring. If you’ve been thinking that work and life seem to be getting more and more stressful, you’re not imagining it. Take a look at the following statistics:   1 in 3 adults suffer from moderate to extreme stress, a 40% increase in 4 years Australia has the 2nd longest working hours in the developed world,... http://wealthfarm.com.au/?process=views/article.php&articleId=4450 http://wealthfarm.com.au/?process=views/article.php&articleId=4450 WEALTHFARM Financial Planners have experienced full attendance at their series of free ‘Wealth Creation’ seminars this month, showing guests how easy it can be to become wealthy without changing their spending habits. Now one of the leading financial planning firms in Australia, Wealthfarm Financial Planners are committed to educating their clients on how to secure their financial freedom resulting in a comfortable and... http://wealthfarm.com.au/?process=views/article.php&articleId=4369 http://wealthfarm.com.au/?process=views/article.php&articleId=4369 Wealthfarm’s Gold Coast office has relocated to Ground Floor, 10 Short Street Southport. Due to the rapid growth of the head office it is necessary for us to move to larger premises to allow for further growth. Our new office is state of the art with ultra modern décor and the latest technology. The office features a 40 seat auditorium which will house our seminars as well as being available for other... http://wealthfarm.com.au/?process=views/article.php&articleId=4348 http://wealthfarm.com.au/?process=views/article.php&articleId=4348 CRAIG NOE CRAIG Noe has joined Wealthfarm Financial Planners in a new strategic position of general manager. Noe has developed his managerial experience across a variety of industries at state and national levels including a number of years in public and private sectors. Noe’s responsibilities will include designing, implementing and managing of new business strategies and projects. http://wealthfarm.com.au/?process=views/article.php&articleId=4354 http://wealthfarm.com.au/?process=views/article.php&articleId=4354 The ability to manage your money effectively, purchase investments, plan for the future and grow wealth is a very important skill that most people aren’t fully educated about or simply don’t have. According to Director of Wealthfarm Financial Planners, Nicholas Sinclair, feels it is his duty to educate and inform the public that it is possible to achieve financial freedom through education and that’s why they... http://wealthfarm.com.au/?process=views/article.php&articleId=4351 http://wealthfarm.com.au/?process=views/article.php&articleId=4351 The 30th of June is fast approaching and dreaded tax time will soon be upon us once again. It’s the time where we get to see how much money we’ve earnt, how much we’ve lost in tax and how much we’ve wasted. According to Wealthfarm Director, Nicholas Sinclair, tax time doesn’t have to be a dreaded and costly process. “All working Australians are affected by tax regardless of... http://wealthfarm.com.au/?process=views/article.php&articleId=4349 http://wealthfarm.com.au/?process=views/article.php&articleId=4349 While we’re taught multiplication and division at school, in reality most of life’s financial lessons are learnt through previous mistakes or hardships. Knowing how to manage money, organise investments, grow wealth and plan for the future is a vital skill that very few have been taught. It’s important to be able to separate the myths from facts by obtaining the knowledge you need to ensure your family is... http://wealthfarm.com.au/?process=views/article.php&articleId=5891 http://wealthfarm.com.au/?process=views/article.php&articleId=5891 Due to superannuation reforms over the last decade, many Australians these days have Life and Total and Permanent Disability (Life/TPD) Insurance of some sort. Do you know what you have? Did you also know though that further legislative change in 2007 can affect how much money you (if you are totally and permanently disabled) or your beneficiaries – quite often your spouse and children – receive (if... http://wealthfarm.com.au/?process=views/article.php&articleId=3500 http://wealthfarm.com.au/?process=views/article.php&articleId=3500 Investing at an early age is important to build wealth and ensure financial freedom later in life. Parents are faced with the intimidating task of planning for their children’s financial future without the knowledge and education that is essential when making investment choices. Saving for your children’s future needs to be considered in context of your overall financial plan. Before you start thinking about your... http://wealthfarm.com.au/?process=views/article.php&articleId=3494 http://wealthfarm.com.au/?process=views/article.php&articleId=3494 WEALTHFARM Financial Planners are leading thousands of Gold Coasters to be the master of their own destiny and start creating wealth today before its too late. The renowned financial planners have filled their ‘Smart Wealth Creation Seminars’ in record time this month, as people put financial gain at the forefront of their New Year ambitions. Wealthfarm Financial Planners are committed to educating their clients on how to... http://wealthfarm.com.au/?process=views/article.php&articleId=3499 http://wealthfarm.com.au/?process=views/article.php&articleId=3499 SOUTHPORT based, Wealthfarm Financial Planners are one of the largest firms in Australia and performing in the top 10% in their dealer group. The expert financial planners have launched a series of New Years resolution ‘Smart Wealth Creation Seminars’ on January 16, 23 and 30 and February 6th, 13th and 20th , to educate people on how to become wealthy without changing their spending habits. The first three seminars booked... http://wealthfarm.com.au/?process=views/article.php&articleId=3429 http://wealthfarm.com.au/?process=views/article.php&articleId=3429 FREE SMART WEALTH SEMINAR - WEDNESDAY 30 JANUARY AND 6TH FEBRUARY 2008 WEALTHFARM Financial Planners have experienced full attendance at their series of ‘Smart Wealth Creation’ seminars this month, showing guests how easy it can be to become wealthy without changing their spending habits. Now one of the leading financial planning firms in Australia, Wealthfarm Financial Planners are committed to educating their clients on... http://wealthfarm.com.au/?process=views/article.php&articleId=3420 http://wealthfarm.com.au/?process=views/article.php&articleId=3420 SOUTHPORT based, Wealthfarm Financial Planners are one of the largest firms in Australia and performing in the top 10% in their dealer group. The expert financial planners have launched a series of New Years resolution ‘Smart Wealth Creation Seminars’ on January 9, 16, 23 and 30, to educate people on how to become wealthy without changing their spending habits. Tonight’s seminar and next weeks are completely... http://wealthfarm.com.au/?process=views/article.php&articleId=3399 http://wealthfarm.com.au/?process=views/article.php&articleId=3399 EXPERT financial planners Wealthfarm are teaching thousands of people how to become wealthy without changing their spending habits through a series of FREE Smart Wealth Seminars. The Gold Coast financial planning firm has burst out of the gates in the last 12 months and is performing in the top 10 per cent of its nation-wide financial planning dealer group. Director of Wealthfarm Nicholas Sinclair says the average superfund balance is only... http://wealthfarm.com.au/?process=views/article.php&articleId=3398 http://wealthfarm.com.au/?process=views/article.php&articleId=3398 LEADING financial planners Wealthfarm are hosting a series of free Smart Wealth Seminars throughout January to launch their New Years Resolution campaign for 2008. Now performing in the top 10% in Australia, the expert advisors are encouraging people to take the first steps to financial freedom this year and stop putting it off. Director of Wealthfarm, Nicholas Sinclair, said the year to make your money work for you is here.... http://wealthfarm.com.au/?process=views/article.php&articleId=3373 http://wealthfarm.com.au/?process=views/article.php&articleId=3373 A GOLD Coast businessman has paved a yellow brick road to success and is sharing the gold along the way. In 2003 Nicholas Sinclair co-founded a financial planning company on the Coast and now owns Wealthfarm, one of the largest financial planning business in its dealer group. ‘‘I am in the business for the long term and I want to see my clients reach what many people only dream of – financial... http://wealthfarm.com.au/?process=views/article.php&articleId=3372 http://wealthfarm.com.au/?process=views/article.php&articleId=3372 ONE of Queensland’s leading financial planning practices has not only updated its image, but also changed its name to the Wealthfarm Financial Planners. Company principal Nicholas Sinclair says the name change is part of a strategy that includes updating the image of the practice. He says it is designed to reflect the shape and direction of the business and its commitment to educating and helping Australians secure a better future.... http://wealthfarm.com.au/?process=views/article.php&articleId=3378 http://wealthfarm.com.au/?process=views/article.php&articleId=3378 IN 2003, Nicholas Sinclair co-founded Solutions Unlimited Financial Planning on the Gold Coast. By the time he was 23, he owned 50 per cent of the company. Last year, he acquired complete control. His new company Wealthfarm now has three offices and is one of the largest financial planning business’s in its dealer group. Q. You are the youngest financial planning business owner with a business of this size. What has been the key to... http://wealthfarm.com.au/?process=views/article.php&articleId=2936 http://wealthfarm.com.au/?process=views/article.php&articleId=2936 Christmas has been and gone and you're back at work with a renewed sense of focus and direction for the New Year, right?  Chances are you may even have made some New Years resolutions to confirm the changes you wish to make and you've already eagerly embarked on your mission to improve certain aspects of your life.   What about the way you are perceived by the world?  Did your appearance even rate a... http://wealthfarm.com.au/?process=views/article.php&articleId=2850 http://wealthfarm.com.au/?process=views/article.php&articleId=2850 Noel Duffy, Senior Associate and Head of Structuring and Estate Planning at Murdoch Lawyers Brisbane considers the implications of creating a granny flat interest or right.   Introduction   For many older people, the realities of accommodation and help in everyday living can fall on members of the family. This can often mean constructing a separate detachable area known as a "granny flat" in the home of a son or... http://wealthfarm.com.au/?process=views/article.php&articleId=2935 http://wealthfarm.com.au/?process=views/article.php&articleId=2935 Noel Duffy, Partner with Mullins Lawyers, explains the basis of property ownership and the relative implications.   Co-owners of property are registered as either 'tenants in common' or 'joint tenants'. In the case of a transfer which is silent as to this matter, the default position is that the co-owners hold the property as tenants in common. The distinction between the two forms of property ownership is significant as... http://wealthfarm.com.au/?process=views/article.php&articleId=10855 http://wealthfarm.com.au/?process=views/article.php&articleId=10855 If you haven't started yet, it's not too late to begin your estate planning... Most people haven't made even a simple will, to say nothing of a more comprehensive plan to avoid probate or save on estate taxes. Yet ignoring the inevitable can have dire consequences that can end up being very expensive and even result in irrevocable rifts among family members. There are many reasons to have an estate plan. The most obvious reason is to... http://wealthfarm.com.au/?process=views/article.php&articleId=10853 http://wealthfarm.com.au/?process=views/article.php&articleId=10853 Getting focused on what you want and how you'll achieve it can make or break your fitness program. Here's some tips on getting focused.... Being successful in life, health or fitness can be as easy as 1, 2, 3. Here are some simple yet powerful steps on getting more focus and success in your life! 1. Take time to plan Taking the time to plan is one of the best things you can do to move forward in your life. It can be hard to find the time,... http://wealthfarm.com.au/?process=views/article.php&articleId=9743 http://wealthfarm.com.au/?process=views/article.php&articleId=9743 Advice when running a business. If you are running your own business, you have a number of options to build and protect your wealth. One important consideration will be succession strategies to safeguard your business from unexpected events. For example, if you're in business with other people, you might consider establishing a buy/sell agreement. This is a legal contract that facilitates the orderly transfer of business ownership if a... http://wealthfarm.com.au/?process=views/article.php&articleId=9659 http://wealthfarm.com.au/?process=views/article.php&articleId=9659 Tax-smart Investing: What Australian property investors need to know. Australian Taxation Office Being tax-smart when you invest in Australian property takes more than making the right property choices. If you use your property to earn income at any time, you will have entitlements and tax obligations. Keep proof of your income-related expenses from the beginning to ensure you can claim everything you’re entitled to. Remember... http://wealthfarm.com.au/?process=views/article.php&articleId=9655 http://wealthfarm.com.au/?process=views/article.php&articleId=9655 Retirement’s in the planning Courtesy of Business View Connect Small business owners considering their retirement planning should be aware of federal budget changes that have altered the way funds can be added to their superannuation savings. Superannuation remains without peer as a tax-efficient savings structure. But new caps have been placed recently on the amount of money individuals may contribute to superannuation each... http://wealthfarm.com.au/?process=views/article.php&articleId=9611 http://wealthfarm.com.au/?process=views/article.php&articleId=9611 The Australian Economy: A tale of survival MLC Investment Strategist Brian Parker explains what took shape in 2009 and how the Australian economy survived the global financial crisis (GFC). Economic numbers from the past six months show while we haven't emerged from the GFC unscathed, we fared much better than almost every other significant economy. We also managed to avoid a technical recession, that is, two consecutive quarters of... http://wealthfarm.com.au/?process=views/article.php&articleId=9101 http://wealthfarm.com.au/?process=views/article.php&articleId=9101 Can you afford to keep saying, “It’s OK, I’ll put some money aside for Christmas next week” or “I’ll start buying Christmas presents next week”, but never get around to it? It is now only a matter of weeks away before we hit the most expensive time of the year for most Australian families. It is a time when we travel long distances to catch up with family, buy... http://wealthfarm.com.au/?process=views/article.php&articleId=9100 http://wealthfarm.com.au/?process=views/article.php&articleId=9100 We hope you find the following information about New Years Resolutions amusing but thought provoking at the same time.......... New Year is the perfect time to look back into the past and make plans for the future. In an effort to make our lives better in the coming year many of us make lofty plans and lot many New Year Resolutions. A few promises are kept, many though usually fail. Here is an effort to understand the meaning, origin and... http://wealthfarm.com.au/?process=views/article.php&articleId=8761 http://wealthfarm.com.au/?process=views/article.php&articleId=8761 Top 10 Tips Here are ten tips involving debt that can help you achieve your lifestyle goals sooner.... 1. Consolidate your debts. Merging your credit card debts and personal loans into a loan with a lower interest rate (e.g. your mortgage), can save you interest. 2. Use your cash reserve effectively. Depositing your emergency cash reserve into your home loan (or 100% offset account), can effectively reduce your loan amount and... http://wealthfarm.com.au/?process=views/article.php&articleId=8760 http://wealthfarm.com.au/?process=views/article.php&articleId=8760 What is Business Succession Planning? Business Succession Planning is the development of strategies by business owners and managers, (assisted by your Financial Adviser), which determine how the key associates can exit the business whilst ensuring business continuity. Why Have a Succession Plan? Business Succession Planning is beneficial when either an owner or leader in a business wishes to retire, sell the business or wants to retain key... http://wealthfarm.com.au/?process=views/article.php&articleId=8758 http://wealthfarm.com.au/?process=views/article.php&articleId=8758 House prices jump 3.3% in June quarter House prices have recorded their strongest growth since late 2007, rising, on average, by 3.3 percent in the second quarter of this year, a national survey shows. House prices are now back to levels last seen before the onset of the global financial crisis and are expected to continue rising over the rest of 2009 and into 2010, a survey by Australian Property Monitors (APM) found. The national... http://wealthfarm.com.au/?process=views/article.php&articleId=5044 http://wealthfarm.com.au/?process=views/article.php&articleId=5044 This is the fifth in a series of articles on estate planning by Noel Duffy, partner at Mullins Lawyers.  Superannuation When considering the terms of your will, you must consider your superannuation fund.  In some cases benefits from a superannuation fund will not form part of your estate. Superannuation may be paid upon your death in the following ways: (a) to your executor so that it forms part of your... http://wealthfarm.com.au/?process=views/article.php&articleId=5043 http://wealthfarm.com.au/?process=views/article.php&articleId=5043 This is the fourth in a series of articles on estate planning by Noel Duffy, partner at Mullins Lawyers.     Testamentary Trusts When considering the terms of your will, you should consider the benefits of using a testamentary trust especially if you have young children or significant assets. This is simply a trust created in your will that operates in a similar way to a family discretionary trust. The... http://wealthfarm.com.au/?process=views/article.php&articleId=5042 http://wealthfarm.com.au/?process=views/article.php&articleId=5042 This is the third in a series of articles on estate planning by Noel Duffy, partner at Mullins Lawyers.  Appointing an Executor When making your will you should choose an executor who will be responsible for administration of your affairs. The executor will collect the assets, pay any debts and divide the assets amongst the beneficiaries in accordance with the terms of your... http://wealthfarm.com.au/?process=views/article.php&articleId=5041 http://wealthfarm.com.au/?process=views/article.php&articleId=5041 This is the second in a series of articles on estate planning by Noel Duffy, partner at Mullins Lawyers. Dying without a Will If you die without a will you are said to die “intestate”. There are statutory rules that provide for the distribution of your property in this instance. For example, If you die leaving a surviving spouse (including a de facto spouse or same sex partner with whom you have co-habited for at least... http://wealthfarm.com.au/?process=views/article.php&articleId=5040 http://wealthfarm.com.au/?process=views/article.php&articleId=5040 With the current economic climate and the future uncertainty, now more than ever, you need to be considering your estate planning to ensure that your hard earned assets are protected for your family. Noel Duffy, partner at Mullins Lawyers will, over a series of articles, consider and review the various areas that make up the often misunderstood concept of estate planning. Why bother? Recently published Federal Government figures estimated... http://wealthfarm.com.au/?process=views/article.php&articleId=4955 http://wealthfarm.com.au/?process=views/article.php&articleId=4955 Australians should stop looking to the government to solve the housing affordability problem and instead examine how they can create their own solutions, according to Property Investors Alliance managing director Justin Wang. It’s fruitless to sit around waiting for the “right moment” to buy property, Wang says, as nothing “magical” is about to fix the housing affordability... http://wealthfarm.com.au/?process=views/article.php&articleId=4843 http://wealthfarm.com.au/?process=views/article.php&articleId=4843 Large infrastructure projects and a supply shortage are driving wages in the property and construction industries higher, an analysis by Hudson recruitment has found. Valuers were in particular short supply due to high levels of activity in that sector, the Hudson Property and Construction Salary Guide 2008 said. “This is compounded by the fact that most valuers move on to acquisitions or development roles that are considered... http://wealthfarm.com.au/?process=views/article.php&articleId=4832 http://wealthfarm.com.au/?process=views/article.php&articleId=4832 One of the times that the super system and super laws really need to show compassion is when a member dies or faces a terminal illness. These are extremely tense and difficult times as partly reflected in the level of complaints to the Superannuation Complaints Tribunal in relation to the payment of super death benefits. Tax laws have just been passed that provide for tax-free super lump sums when paid to members suffering from terminal... http://wealthfarm.com.au/?process=views/article.php&articleId=4798 http://wealthfarm.com.au/?process=views/article.php&articleId=4798 The cost of living continues to rise, with fuel prices interest rates and the general passing of the buck. But you can reduce the cost of living in today’s world by taking a closer look at where your money is being spent. The first place to start looking is at your budget. What budget I hear you say? Well get out a pen and piece of paper, because I am going to give you a few tips on how to start tracking your finances. Start your... http://wealthfarm.com.au/?process=views/article.php&articleId=4774 http://wealthfarm.com.au/?process=views/article.php&articleId=4774 With interest rates, fuel prices and the general cost of living on the rise many people are concerned about their increasing debt and financial insecurity but fortunately with Wealthfarm’s free Wealth Creation Seminars there is no need to worry. According to Managing Director of Wealthfarm, Nicholas Sinclair, it is important to understand your finances and when it comes time to make decisions about your finances, they need to be... http://wealthfarm.com.au/?process=views/article.php&articleId=4646 http://wealthfarm.com.au/?process=views/article.php&articleId=4646 While we’re taught multiplication and division at school, in reality most of life’s financial lessons are learnt through previous mistakes or hardships. Knowing how to manage money, organising investments, growing wealth and planning for the future is a vital skill that very few have been taught.   According to Wealthfarm Director, Nicholas Sinclair, financial education seminars are the answer.... http://wealthfarm.com.au/?process=views/article.php&articleId=4644 http://wealthfarm.com.au/?process=views/article.php&articleId=4644 When sharemarkets experience a bear market, it is a valuable exercise to look back at how markets have recovered from past bear markets. Such an exercise should make investors optimistic from a long-term perspective while underlining the dangers of trying to time the market by attempting to pick the best time to sell or buy. Research by AMP Capital Investors shows Australia has had nine bear markets since 1960 while the United States has... http://wealthfarm.com.au/?process=views/article.php&articleId=4539 http://wealthfarm.com.au/?process=views/article.php&articleId=4539 An increasing number of businesses are looking for cost-effective marketing options to help reduce bottom line costs amid economic uncertainty. Web experts Bloomtools has provided a snapshot of local companies that are successfully using the net as a central part of their marketing to attract new clients, increase revenue and streamline their business models. Broadbeach Alliance www.broadbeachgc.com.au Tourism is a competitive industry on... http://wealthfarm.com.au/?process=views/article.php&articleId=4537 http://wealthfarm.com.au/?process=views/article.php&articleId=4537 There's a growing body of opinion that, far from being the best time to sell a home, spring is a good time for sellers to avoid. Not only does research disprove the notion that spring is the optimum time to sell a home, but the strength of the spring myth means the market’s often oversupplied with properties for sale in September and October. Research by Brisbane analyst Matusik Property Insights, which analysed sales and... http://wealthfarm.com.au/?process=views/article.php&articleId=4535 http://wealthfarm.com.au/?process=views/article.php&articleId=4535 You work all week and finally have time to kick back, only to see just how much more money you need to upgrade your car, or property, or to plan for a better retirement.  So what is the secret to success, and why do some people seem to be so good with money, while the rest of us struggle to come to terms with it? In this month’s article I have decided to show you how you can self evaluate your own financial... http://wealthfarm.com.au/?process=views/article.php&articleId=4533 http://wealthfarm.com.au/?process=views/article.php&articleId=4533 Noel Duffy, Partner at Mullins Lawyers in Brisbane, considers the main areas a business owner needs to consider and address prior to putting their business on the market. A potential purchaser will undoubtedly conduct a form of due diligence on your business, however, in my experience, business owners fail to address even the most basic of issues (such as proper financials) and are then shocked by the offers they receive! To give you an... http://wealthfarm.com.au/?process=views/article.php&articleId=4417 http://wealthfarm.com.au/?process=views/article.php&articleId=4417  The Australian Tax Office has issued a warning to property investors to avoid the common mistakes people make when claiming deductions on their rental property. The Australian Tax Office (ATO) says more than 1.5 million people claimed more than $24 billion in rental deductions in their tax returns last year, and it will continue its focus on monitoring rental property deductions this year. It says some of the most common mistakes... http://wealthfarm.com.au/?process=views/article.php&articleId=4416 http://wealthfarm.com.au/?process=views/article.php&articleId=4416 Wizard Home Loans and Fujitsu Australia and New Zealand have launched a bold new partnership aimed at easing the burden of mortgage stress. The move follows the latest Fujitsu research, which shows that 784,000 Australian households are experiencing some form of mortgage stress, up 15 per cent from 712,000 in April 2008. Additionally, Fujitsu’s Mortgage Stress-o-Meter projections estimate 923,000 Australian households will be... http://wealthfarm.com.au/?process=views/article.php&articleId=4347 http://wealthfarm.com.au/?process=views/article.php&articleId=4347 What is economic growth? Economic growth is when the overall level of production by an economy increases. The concept of “overall level of production” is an important one. This means that the economy is not simply producing more of one good at the expense of another, but rather, the economy is generally producing more of all goods and services. Theoretically, the total production of an economy should be roughly equal to... http://wealthfarm.com.au/?process=views/article.php&articleId=4345 http://wealthfarm.com.au/?process=views/article.php&articleId=4345 Brian Parker, MLC Investment Strategist, said “the recent weakness we have seen in Australian and global shares follows five years of amazing double digit returns - these returns were never going to be sustainable over the long term.” “In an environment of increased volatility, what’s important is that people don’t make knee jerk decisions. To keep you focussed on your goals during volatile... http://wealthfarm.com.au/?process=views/article.php&articleId=4344 http://wealthfarm.com.au/?process=views/article.php&articleId=4344 Some people think saving and investing is the same thing. But the truth is each requires a different approach and a different way of thinking. Saving is simply putting aside some of your disposable income for a short-term goal, such as a holiday or a car. It’s a conservative approach that involves taking very little risk with your money. A bank account or cash management trust is usually sufficient for this purpose.... http://wealthfarm.com.au/?process=views/article.php&articleId=4284 http://wealthfarm.com.au/?process=views/article.php&articleId=4284 As even the last day of the financial year ends negatively for shares, here's just one of the many  reasons why you shouldn't let yourself become distracted by short-term markets movements:  life expectancy. The Australian Government Actuary reports that the life expectancy of a 50-year-old Australian  female is 34.5 years and that a 50-year male has a life expectancy of 30.4 years. Looking at this from... http://wealthfarm.com.au/?process=views/article.php&articleId=4255 http://wealthfarm.com.au/?process=views/article.php&articleId=4255 The baby bonus payment is set to rise on 1 July 2008 to $5,000 from $4,258. Until 1 January, this  one-off payment will not be means tested. The Rudd Government announced changes to the Baby Bonus in the budget last month. From  1 January next year a means test will apply to families earning $150,000 or more a year. This change is expected to impact around 16,000 families each year. Also, the baby bonus... http://wealthfarm.com.au/?process=views/article.php&articleId=4254 http://wealthfarm.com.au/?process=views/article.php&articleId=4254 The tax office in recent years has issued Taxpayer Alerts as early warnings of "significant new and emerging higher risk tax-planning issues" that tax officers are keeping a close watch on. The alerts can make fascinating and useful reading. As the Australian Tax Handbook, published by Thomson Reuters, states: "Most of the alerts raise the possibility that Part IVA [the anti-avoidance provisions] might... http://wealthfarm.com.au/?process=views/article.php&articleId=4236 http://wealthfarm.com.au/?process=views/article.php&articleId=4236 A buoyant rental market doesn’t mean open slather on rent increases. Mark Armstrong and Fiona Marsden The national housing affordability squeeze has spelled good news for residential property investors. With first homebuyers holding off entering the market, vacancy rates for rental stock are plumbing record depths in the nation’s biggest rental markets.  In principle, the more demand relative to supply the... http://wealthfarm.com.au/?process=views/article.php&articleId=4220 http://wealthfarm.com.au/?process=views/article.php&articleId=4220 While we’re taught multiplication and division at school, in reality most of life’s financial lessons are learnt through previous mistakes or hardships. Knowing how to manage money, organise investments, grow wealth and plan for the future is a vital skill that very few have been taught. It’s important to be able to separate the myths from facts by obtaining the knowledge you need to ensure your family is... http://wealthfarm.com.au/?process=views/article.php&articleId=4219 http://wealthfarm.com.au/?process=views/article.php&articleId=4219 With Federal Treasurer Wayne Swan announcing his first Budget under the new Labor Government many people are anxious about the financial year ahead. According to Wealthfarm Director, Nicholas Sinclair, people should not be too concerned about the new Budget and those feeling apprehensive should seek professional advice to assist in managing their finances for the coming year. “The Federal Budget can be confusing however,... http://wealthfarm.com.au/?process=views/article.php&articleId=4052 http://wealthfarm.com.au/?process=views/article.php&articleId=4052 The Government has delivered on its promise of tax cuts. But for average families will an extra $20 a week really make much difference or will it simply disappear into the household grocery or petrol bills? Consumption has an unerring ability to expand with capacity to pay so regrettably we may be sitting here in 12 months time analysing yet another budget and wondering where this week's tax cut went. A little bit of elementary... http://wealthfarm.com.au/?process=views/article.php&articleId=3998 http://wealthfarm.com.au/?process=views/article.php&articleId=3998 Younger generations are being encouraged to start saving for the future as many wont benefit from depending on their parents inheritance or the government pension. According to the Director of financial planning company Wealthfarm Financial Planners, Nicholas Sinclair, there has been a significant change in attitudes regarding retiree spending patterns as parents no longer see it as a priority to leave their children with a substantial... http://wealthfarm.com.au/?process=views/article.php&articleId=3997 http://wealthfarm.com.au/?process=views/article.php&articleId=3997 While we’re taught multiplication and division at school, in reality most of life’s financial lessons are learnt through previous mistakes or hardships. Knowing how to manage money, organise investments, grow wealth and plan for the future is a vital skill that very few have been taught. According to Wealthfarm Director, Nicholas Sinclair, financial education seminars are the answer. “Financial education seminars... http://wealthfarm.com.au/?process=views/article.php&articleId=3988 http://wealthfarm.com.au/?process=views/article.php&articleId=3988 Tax payers will keep more in their pockets this financial year with Wealthfarm Financial Planners' tax planning seminars. Wealthfarm Director, Nicholas Sinclair, said the seminars will teach ordinary families to ensure their financial position is tax effective in the lead up to the new financial year. “Tax time can be confusing as there are a lot of myths and schemes about ways you can avoid a huge tax bill,” Mr Sinclair... http://wealthfarm.com.au/?process=views/article.php&articleId=3854 http://wealthfarm.com.au/?process=views/article.php&articleId=3854 Leading into the second half of 2007, Australian and global share markets continued to deliver high returns, with the Australian market delivering its fourth consecutive +20% financial year end return. Global share markets painted a similar picture even in light of the sharp appreciation of the Aussie dollar, with the MSCI All Countries World Index (unhedged) delivering 10.2% for the financial year end. However, recent events had a profound... http://wealthfarm.com.au/?process=views/article.php&articleId=3838 http://wealthfarm.com.au/?process=views/article.php&articleId=3838 In early March 2008, the Reserve Bank of Australia (RBA) raised the cash rate (interest rates) for the twelfth consecutive time since 2002, just one month after its previous rate hike. The question many clients are asking is why, and will interest rates continue to climb? In economic terms, Australia is doing very well. The economy has accelerated from growth rates of around 2.5% in late 2006 to around 4.0% in late 2007. This has been... http://wealthfarm.com.au/?process=views/article.php&articleId=3837 http://wealthfarm.com.au/?process=views/article.php&articleId=3837 Believe it or not, the financial year end is fast approaching. Get a head start on the tax season with our clever year-end tips. These easy to implement strategies help to build and protect your wealth more tax-effectively. If you want to make the most of your opportunities this financial year, you’ll need to act now. By putting more money into your super before 30 June, you can take advantage of tax benefits that may not be... http://wealthfarm.com.au/?process=views/article.php&articleId=3834 http://wealthfarm.com.au/?process=views/article.php&articleId=3834 Real estate organisations in Queensland and South Australia have launched fresh calls for their states to provide investors with relief from land tax. After Queensland’s Department of Natural Resources and Water released its land valuation figures in March, the Property Council of Australia’s Queensland branch executive director, Steve Greenwood, called for a review of land tax. The valuation figures showed large land... http://wealthfarm.com.au/?process=views/article.php&articleId=3730 http://wealthfarm.com.au/?process=views/article.php&articleId=3730 Ask any Australian aged 25-50, what their biggest dream in life is and the answer, 9 times out of 10, is "own my own home". These days the great Aussie dream is getting harder to fulfil with interest rate rises and the general cost of living getting more and more expensive by the day. And a new report by AMP and NATSEM (The National Centre for Social and Economic Modelling) has confirmed that Australia has one of the least... http://wealthfarm.com.au/?process=views/article.php&articleId=3697 http://wealthfarm.com.au/?process=views/article.php&articleId=3697 The Association of Superannuation Funds of Australia (ASFA) has produced some fascinating figures that starkly illustrate why Australians should not rely on superannuation guarantee (SG) contributions to provide what many people would consider an adequate standard of living in retirement. This is the unfortunate reality even for those with many years ahead of them in the workforce. Say you have a current salary of $75,000 have 30 years to go... http://wealthfarm.com.au/?process=views/article.php&articleId=3696 http://wealthfarm.com.au/?process=views/article.php&articleId=3696 Lower equity markets in the United States and Australia will be coupled with Australian mortgage interest rate rises, which may approach 10.4% when the banks pass on more than the official interest rate increase. These and other blows will set off wide ranging shock waves. The last time we hit an economy this hard was in 1960. We will dislodge more of the enormous volume of stock that is still locked into margin accounts. Investors... http://wealthfarm.com.au/?process=views/article.php&articleId=3670 http://wealthfarm.com.au/?process=views/article.php&articleId=3670 ONE of the most simple and effective ways to ensure a financial head start is to invest your money through a managed fund using a savings plan. Managed funds offer almost unlimited investment options, and allow you to make small, regular investments over time. Index investing is effective for those looking to invest for the long term while minimising exposure to share market risks as the funds are diversified. Australian share funds put into... http://wealthfarm.com.au/?process=views/article.php&articleId=3663 http://wealthfarm.com.au/?process=views/article.php&articleId=3663 I have just been working through the final stages of my 3 month Georgie & Hector programme and was presented with the tasks to list 5 things that made me happy. At first I was like “oh well of course, my husband, cooking …” and so on but I spent a lot of time after that initial question really pondering the thought – what truly made me happy. Gosh I could have really gone mad and go on to say... http://wealthfarm.com.au/?process=views/article.php&articleId=3661 http://wealthfarm.com.au/?process=views/article.php&articleId=3661 What has your personal brand allowed you to achieve? What image does your name imply? How much success? How much recognition? Is your brand working effectively for you? Did you know you even had a personal brand? Successful companies have long recognised the value of creating a recognisable and clearly defined brand for their products. Successful brands are built on core values and continually reinforce these brands. So, what on earth is... http://wealthfarm.com.au/?process=views/article.php&articleId=3637 http://wealthfarm.com.au/?process=views/article.php&articleId=3637 I’m sure few would argue that getting fit and losing weight is challenging. The major lifestyle changes it takes to create long-term health are demanding. In fact, those changes are so hard that it is almost impossible to do it alone. It takes the encouragement of sometimes dozens of supportive people to make it happen. Your partner, family, friends, co-workers and your professional cheer squad (your Body Coach) are all critical to... http://wealthfarm.com.au/?process=views/article.php&articleId=3636 http://wealthfarm.com.au/?process=views/article.php&articleId=3636 Interest rates could ease by the end of this year on the back of rapidly slowing consumer demand, according to Goldman Sachs-JBWere Asset Management chief investment officer Andrew Cooke. Speaking at the Manager's Annual 2008 Market Outlook Briefing in Sydney yesterday, Cooke said he would "throw out the controversial point" that rates may be easing as we get to the end of 2008. Although the Reserve Bank (RBA) has signalled very strongly that... http://wealthfarm.com.au/?process=views/article.php&articleId=3635 http://wealthfarm.com.au/?process=views/article.php&articleId=3635 Given the poor performance of Australian and world sharemarkets in the past few weeks, I thought it might be useful to put some thoughts down on paper, for both advisers and clients to consider at this time. In short, investment returns, particularly in Australia, over the past few years have been way too high, and volatility has been way too low. That has led many investors to take way too much risk, and to expect returns that are simply not... http://wealthfarm.com.au/?process=views/article.php&articleId=3633 http://wealthfarm.com.au/?process=views/article.php&articleId=3633 Four Lessons from the Market Since 2000, investment markets have weathered a variety of conditions - from volatility to stability, then recovery and volatility again. These changes have left many people wondering what the best way is to approach their investments. Don’t panic Many people may be tempted to move their money out of the share market during times of volatility or weakness. But it’s important to remember that... http://wealthfarm.com.au/?process=views/article.php&articleId=3563 http://wealthfarm.com.au/?process=views/article.php&articleId=3563 Markets have been extremely kind to Australian investors over the past four and a half years. Up until now, most investors have had little reason to question their fund manager investment returns. With 2008 shaping up to be a more trying year for investors and fund managers alike, now is the time to focus on the bottom line and that means costs. Some costs are more transparent than others. Unfortunately, one of the largest costs, tax, can be... http://wealthfarm.com.au/?process=views/article.php&articleId=3562 http://wealthfarm.com.au/?process=views/article.php&articleId=3562 The lifting of official interest rates by the Reserve Bank last week to the highest level in 11 years should serve as a reminder for borrowers to always adopt strategies to lessen the impact of future rate rises. A straightforward approach is to make, wherever possible, higher repayments than the monthly amount required under your mortgage agreement. Apart from the benefits of saving interest and possibly owning your home sooner, extra... http://wealthfarm.com.au/?process=views/article.php&articleId=3535 http://wealthfarm.com.au/?process=views/article.php&articleId=3535 Property owners don’t have to wait for a hot real estate market to boost the value of their home or investment but can instead take positive action to create value for themselves. February’s Australian Property Investor magazine outlines 37 tips and techniques for adding value to your home or investment property. The Reno Kings have given each strategy a rating out of five for its ability to add value to your property.... http://wealthfarm.com.au/?process=views/article.php&articleId=3534 http://wealthfarm.com.au/?process=views/article.php&articleId=3534 Despite affordability problems, homebuyers and investors in all of Australia’s capital cities have the opportunity to buy low and work their way up the property ladder. They just need to know how to do it. Australian Property Investor magazine’s February issue reveals tried and true techniques for getting into the property game at the bottom end and working up to bigger and better digs. “Most Australians have a... http://wealthfarm.com.au/?process=views/article.php&articleId=3481 http://wealthfarm.com.au/?process=views/article.php&articleId=3481 WEALTHFARM Financial Planners are showing thousands of Australian’s how to set their family up for life by saving and investing in their children’s future while at the same time creating wealth. The Gold Coast-based financial planners have burst out of the gates in the last 12 months to become one of the largest privately owned firms in Australia performing in the top 10 per cent of its nation-wide financial planning... http://wealthfarm.com.au/?process=views/article.php&articleId=3480 http://wealthfarm.com.au/?process=views/article.php&articleId=3480 Wealthfarm would like to provide you with an update on some recent developments in global sharemarkets. There has been an increase in volatility in recent times, however it is very important at times like this to remain focussed on the long term, the achievement of your goals and objectives and to understand that volatility is a natural characteristic of the sharemarket. History shows us two key learnings - the sharemarket does... http://wealthfarm.com.au/?process=views/article.php&articleId=3467 http://wealthfarm.com.au/?process=views/article.php&articleId=3467 Increasing numbers of people are asking me to help them solve disputes resulting from ambiguous Wills and while I do not object to the business, I would rather see people getting a high-quality and cost-effective service from the outset. A common mistake made by people writing their own Wills is the use of language they believe is self-explanatory and 'legal'. For example, 'all my furniture and effects' may not apply to the piano, the fur... http://wealthfarm.com.au/?process=views/article.php&articleId=3447 http://wealthfarm.com.au/?process=views/article.php&articleId=3447 In a hot property market, the competition to secure a house or unit is often intense, involving heated bidding at an auction or numerous competing offers in the case of a private sale. With the property markets in Brisbane, Melbourne, Canberra, Adelaide and even parts of Sydney gathering steam, Australian Property Investor magazine has produced a timely guide to buying in a hot market. API editor Eynas Brodie says when the market’s... http://wealthfarm.com.au/?process=views/article.php&articleId=3061 http://wealthfarm.com.au/?process=views/article.php&articleId=3061 What price peace of mind? Actually, not as much as you might think! Arranging your personal insurances through your super fund means that protecting your lifestyle and your family from life’s uncertainties may now be even more simple and attractive. Legislation changes came into effect from 1 July 2007, removing disincentives for some types of policies and opening up greater opportunities for the self-employed. By insuring... http://wealthfarm.com.au/?process=views/article.php&articleId=3044 http://wealthfarm.com.au/?process=views/article.php&articleId=3044 It is with great pride and pleasure myself and my team invite you to experience our new look as we re-brand from Solutions Unlimited Financial Planning to Wealthfarm Financial Planners. A part of our future strategy has included refreshing our image to reflect the shape and direction of our company as we grow forward into a business that will become known for its commitment to educating and helping Australians to grow better futures. Our... http://wealthfarm.com.au/?process=views/article.php&articleId=2991 http://wealthfarm.com.au/?process=views/article.php&articleId=2991 Networking Events - Every Tom Dick and Harry is throwing them, and every nightspot/bar in Brisbane is making a killing hosting them. They can be a little cringe-worthy if attendees behave in a 'less than subtle' and aggressive manner, and timid types may be fearful of attending these events due to the presence of impenetrable business 'clicks' - a-la "high school days". Regardless of your experiences/stance on them (laborious, nerve-wracking,... http://wealthfarm.com.au/?process=views/article.php&articleId=2977 http://wealthfarm.com.au/?process=views/article.php&articleId=2977 This article by Noel Duffy, Partner at Mullins Lawyers, looks at the potentially ground breaking legislation currently in front of the Senate which, if approved, will permit, in certain circumstances, Self Managed Superannuation Funds ("SMSF") to borrow in their own right. An amendment to the Superannuation Laws is currently been debated by the Senate which, if approved, will see the long standing prohibition on borrowing by SMSFs, in place... http://wealthfarm.com.au/?process=views/article.php&articleId=2968 http://wealthfarm.com.au/?process=views/article.php&articleId=2968 Blustery times? Recent market activity has caused some jitters among investors.  While forecasts of lower investment returns have been around for sometime, financial markets have become very unsettled recently.  Brian Parker, MLC's Investment Strategist, takes a look at some of the recent causes for concern and what we can expect going forward. Squalls and showers The root cause of August's volatility lay in some of... http://wealthfarm.com.au/?process=views/article.php&articleId=2849 http://wealthfarm.com.au/?process=views/article.php&articleId=2849 A natural talent or just good branding? Every time you walk into a room people make judgements about the way you look. Like it or not, human beings are visual creatures and we make decisions about who you are (or who we think you are) within the first 3 seconds of meeting you. So ask yourself, what is it you are conveying? What they are judging is your 'Brand' and is your brand up to scratch?Personal branding is about developing and... http://wealthfarm.com.au/?process=views/article.php&articleId=2848 http://wealthfarm.com.au/?process=views/article.php&articleId=2848 All our life, many of us pay tax. When we retire, we no longer have income from employment. Instead we must rely on income from our retirement savings or, depending on your situation, government benefits.   Superannuation savings form the foundation of most people's provision for retirement. When retiring, an important decision is whether to take a super benefit as a lump sum or as a series of pension payments over your period of... http://wealthfarm.com.au/?process=views/article.php&articleId=2847 http://wealthfarm.com.au/?process=views/article.php&articleId=2847 Someone out there has lost over $200 000 from a forgotten bank account, and the government wants to give it back.   This mystery person is not the only one to have lost track of their money over the years, with the Australian Securities and Investment Commission now minding a record $204 million from almost 161 000 forgotten accounts.   ASIC executive director of consumer protection Greg Tanzer said the organisation had...