 It’s that time of the year again, when we send off our tax information and pray to the accounting gods that we end up with some sort of a refund. It can sometimes seem as though the ATO picks a number out of the air when determining what sort of refund/payment we are eligible for, however it’s really a fairly simple equation:
Gross Income – Allowable Deductions = Taxable Income.  We’ve all heard recently in the media about the Reserve Bank of Australia (RBA) cutting interest rates (IR), however what does this actually mean for your mortgage? How can you maximise this opportunity? And how can you retire in financial comfort?
 There was a lot of talk prior to the federal budget about potential changes to superannuation, however, superannuation was largely left as is during this year’s budget announcement in May 2015. This is an important time to think about your superannuation…How you can maximise your financial situation in light of current legislation…And how salary sacrifice to superannuation can build your retirement fund…After all, we all have things we want to tick off our bucket list…
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