by LBWCA | Nov 5, 2014 | Accounting, Estate Planning
A new bill has been introduced into the Victorian Parliament which if passed will make it harder for adult children to challenge wills in Victoria. These new rules are supposed to apply from 1 July 2015. The changes are supposed to defeat the 3 common criticisms of...
by LBWCA | Oct 13, 2014 | Business, ITR
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...
by LBWCA | Jun 30, 2014 | Personal Wealth, SMSF
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...
by LBWCA | May 22, 2014 | LBW News
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...
by LBWCA | May 13, 2014 | Business
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...
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