Author: Crystal Wealth Partners
Market Report – June 2023
Our Executive Director Tim Wedd shares a detailed market update, covering the performances of investment classes, plus an overview of the factors to consider in the medium-to-long term.
Australian government energy bill rebate 2023
With the rising cost of living and sky-high power bills, the Australian Government approved $14.6 billion to manage rising household expenses, with up to $3 billion allocated towards energy rebates for eligible homes and small businesses. The states and territories are administering the rebates.
Superannuation changes for FY23/24
On 1 July 2023, a number of superannuation changes came into force – so we caught up with our Senior Financial Adviser, Chris Murray, to find out what you need to know.
Pension minimum payments to increase to pre-COVID-19 rates
From 1 July, minimum pension drawdown rates are reverting back to pre-COVID levels. But what if you don’t need the additional cash on a day-to-day basis? Louise Lakomy has some suggestions.
Over retirement age but still working? You may be entitled to a Commonwealth Seniors Health Card
If you’re of retirement age but still working, you may now be able to apply for the Commonwealth Seniors Health Card thanks to a recent increase in the income limit test.
Reduction in age eligibility opens super contributions from downsizing to 55-plus
Thinking of downsizing the family home? You can now reap the financial benefits sooner, thanks to a recent reduction in age eligibility for super contributions.
Property market takes a once-in-a-lifetime turn
The property market’s been a sound investment for as long as most of us can remember. But times are changing. When it comes to property investment, the rules have changed.
Mid-year review: why a balanced view is needed to understand what the future may hold
The year to date has certainly been eventful for all markets: stocks, bonds and property alike. Crystal Wealth Partners’ Executive Director Tim Wedd looks at what’s happening, what the future may hold, and some of the potential upsides, too.
New opportunities to contribute to super
If you’re aged between 67 and 75, there are two new ways to contribute to your super fund.
Receiving a pension? Remember to check your minimums
If you’ve elected to receive the minimum pension, your payment could decrease due to the market downturn – making it a good time to review your monthly cash flow.