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From 1 July 2018, members who have a total superannuation balance of less than $500,000 on 30 June the previous financial year, may be entitled to contribute more than the concessional contributions cap.
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How do you tax effectively provide for family members under your estate plan who have left our shores to live or work overseas?
Equities rallied on the back of a good earnings season and the prospect of a trade deal. Bonds posted losses as yields rose but the Australian 10-year government bond yield remains a paltry 1.2%.
Australian Business and Consumer Confidence both bounced last month from 5-year and 4-year lows respectively.
A positive week with both sides confirming that progress is being made on a ‘phase one’ trade deal and that any deal is likely to see tariffs on the products associated rolled back.
The US and China continue to progress towards completion of ‘phase one’ of their trade deal and both sides have made soothing remarks as indication to the milestones achieved.