Posts by The Muirfield Team
Investment Market update – 2023 Financial Year
The financial year ending 30 June 2023 was a largely positive one for investment markets. Leading the charge were Global Shares returning 18.67%. Australian Shares also rebounded strongly to return 14.78% in the 12 months to 30 June.
Read MoreHow much can I have in the bank before my Age Pension is cut?
It would have to be the most common question we receive. The answer can’t be summarised in a few sentences, instead, we’ll attempt to explain some of the inputs in calculating an Age Pension entitlement in this article.
Read MoreWhat you need to know about Franking credits
Franking credits, also known as imputation credits, are a tax credit which represent the tax that the company has already paid on profits before distributing them to shareholders as dividends.
Read MoreScam Protection
Protecting yourself from scams is crucial in today’s digital age where scammers are constantly finding new ways to target individuals and steal personal information. Here are some tips to help you stay safe and avoid falling victim to scams.
Read MoreThree behavioural factors that can affect retirement spending
Most Australian work hard to build up their nest egg but many are hesitant to spend it when they retire. You’ve worked hard to build your retirement nest egg and now the time has come or is approaching for you to begin the “decumulation phase”—taking withdrawals in retirement to live off your accumulated assets. This…
Read MoreWhat can I do with my home while in care?
When you enter care, you are not forced to sell your home. However, the decision whether to keep or sell the home can impact your Aged Care costs and Age Pension payments. This article will explore the implications.
Read MoreAdd to Super, save tax.
We’ve put together a short list of our top tax saving tips (using your superannuation) so you can keep more income in your back pocket and less in the ATO’s coffers this financial year.
Read MoreDo I need to sell my home to go into Aged Care?
One of the major questions asked when entering permanent Aged Care is, ‘Do I need to sell my home?’ The simple answer, no, not always. Read on to find out why.
Read MoreHow do rising interest rates impact my Aged Care costs?
With a sharp rise in interest rates comes questions and what we often hear is “how does this affect me moving to care? Or, “are there strategies that can assist in reducing aged care fees?” In this article, we look at the impact of rising interest rates on aged care costs along with strategies that can be used to make the best meet your financial situation.
Read MoreThings to consider when being made redundant
It has been almost a decade since the topic of redundancy was made a buzz word in Geelong at a time when Alcoa, Target and Ford were all making mass layoffs. Unfortunately, Ford have recently announced further redundancies which has warranted a revisit of the key considerations when being laid off.
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