BMG Financial Planning and Accounting Albury Wodonga

June 2019

First home buyers | Financial wellbeing | Healthy retirement | Protecting super | Dream big

In this month’s newsletter, we begin with an overview of the First Home Loan Deposit Scheme; a newly proposed measure by the re-elected Coalition government. Our animation illustrates what is financial wellbeing, and the things that influence it. Is there such a thing as relaxing too much in retirement? We explore the physical activity and dietary guidelines for retirees. The recently passed Protecting Your Super Package takes effect from 1 July 2019; we discuss this further. Lastly, we leave you with a SpaceX video, showcasing a Falcon Heavy rocket launching into space accompanied by a rather unique payload.

Also, with the re-election of the Coalition government, you may wish to refamiliarise yourself with the rules regarding franking credits, capital gains tax, negative gearing, super contributions, and borrowing in SMSFs.

Unpacking the First Home Loan Deposit Scheme (FHLDS)

Following the federal election results, the Coalition has been re-elected. In this article, we provide a brief overview of one of their new proposed measures, the First Home Loan Deposit Scheme.

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Your financial wellbeing animation

A recent survey has found that on average Australians have a financial wellbeing score of 59 out of 100. In this animation, we illustrate what is financial wellbeing, and the things that influence it.

Launch Video

A healthy retirement: Physical activity and dietary guidelines

Retirement is a time to relax and enjoy the fruits of your labours; but, can relaxing too much be a bad thing? In this article, we explore the physical activity and dietary guidelines for retirees.

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1 July 2019: Protecting Your Superannuation Package

Several changes are coming to superannuation, and action may be required on your part prior to 1 July 2019. In this article, we discuss the recently legislated Protecting Your Superannuation Package.

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Dream big: SpaceX’s Falcon Heavy rocket launch

“Shoot for the moon. Even if you miss, you’ll land among the stars.” (Norman Vincent Peale). In this SpaceX video, a Falcon Heavy rocket launches into space with a rather unique payload.

Launch Video