Private Health Insurance Rebate Changes

Private Health Insurance Rebate Changes

From 1 July 2012, the Government introduced three new “Private Health Insurance Tiers”. Private Health fund members will no longer be guaranteed the minimum 30% rebate. In addition, the Medicare Levy Surcharge will also be progressively increased based on annual...
Private Health Insurance Rebate Changes

Changes to insurance provided by SMSFs

From 1 July 2014, trustees of an SMSF cannot provide an insured benefit in relation to a member of the fund unless the insured event is consistent with one of the following conditions of release of a member’s super benefits: deathterminal medical conditionpermanent...
Private Health Insurance Rebate Changes

LBW Financial Planning

There has been a lot of press regarding financial planning in recent months, and not much of it has been good news. With financial planning issues being addressed at CBA and also Macquarie, it is common for people to question the need for a financial planner and for...
Private Health Insurance Rebate Changes

Federal Budget 2014-2015

On Tuesday 13 May 2014 Joe Hockey and the Liberal party released their first budget in power. As expected the Liberals started on their pursuit of reducing the deficit created by the Labor party. Their plan is to reduce the deficit to $2.8billion by 2017/18 compared...
Private Health Insurance Rebate Changes

Telstra Shares

Did you know Telstra listed on the ASX back in November 1997? Many clients own Telstra shares and it has been pleasing to see the share price increase in recent years. This month Telstra announced a off-market share buyback of up to $1b of Telstra shares and clients...