Capitaleyes Latest Financial Planning News

If money’s too tight to mention, here’s some small steps that can make a big difference in achieving your financial goals.
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Concessional and non-concessional contribution caps are set to stay at $27,500 and $110,000 following the release of the AWOTE figure.
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Check out how long everyday items take to decompose.
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Artificial intelligence systems, and their ability to undertake often complex tasks in seconds, are increasingly gaining attention and user traction.
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The ATO says it does not intend to extend PCG 2020/5 for another year and will wait to see what changes the government legislates.
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Why markets are optimistic
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Ignition Wealth says the final QAR report will help reshape advice and has pushed the government to implement the review’s recommendations in their entirety.
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The mid-year point is an opportune time to take stock of your investment holdings – but reviewing your portfolio should really be an ongoing exercise.
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  Property investment by an SMSF will fail the sole purpose test if it provides pre-retirement benefit to someone such as personal use of a fund asset, warned the ATO director of the SMSF Auditors Segment.  
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The general transfer balance cap is set to increase to $1.9 million from 1 July based on CPI figures released today.
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The fees you pay on your super could have a material impact on how you retire, which is why it's important to understand how they work.
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  The latest figures from the ABS reveal economic growth last year and show inflation coming off its peak.  
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