THE ADVISER’S NOTEBOOK

JUNE 2021

CONTENTS

Increased Super Contribution Caps 2021

Housing Prices Rise Further with 2.2% in May

Who Benefits from the Federal Budget?

ATO Crypto Crackdown to Share Things Up this Year

The Biggest Intergenerational Wealth Transfer in History

Travel Dreams Post COVID-19

 

SCROLL THROUGH THE STORY REEL BELOW

Winter has arrived! But the good news is, there are only 11 weeks until Spring.

It’s time to enjoy a good glass of red, roasting marshmallows, drinking hot chocolate in front of a warming fire!

The Federal budget was announced last month, we are now understanding the impact of the proposed legislation and expect to see the majority of announcements passed in the not too distant future.

It appears mid to high-income earners have been touted to receive the most benefits. Read more below to see how you fare.

It’s the end of the financial year, a time to finalise all of your own financial affairs, this year there has been a lot of interest in cryptocurrency, these assets are not exempt from the tax system so if you’ve been trading in crypto– the ATO is cracking down and expects taxpayers to report their gains or losses, the article below will help you make sense of it all.

An important change that will positively impact you, is the amount of money you can contribute to your super each year is set to increase from 1 July, with the caps all increasing you will need to understand the changes that impact you.

Have you been watching the property market? We continue to see unprecedented gains in many parts of Australia as May takes the national home value index up 2.2% over the month let’s hear from the professionals on where the market is going.

While traveling the world is still on hold for the minute, it doesn’t hurt to dream and plan your next trip when the world finally opens up again. There’s a German word for this ‘fernweh’ meaning longing to travel to faraway places. It’s no doubt a feeling many of us have at the moment.

The team at Your Wealth Hub Advice hopes you have an excellent end to the financial year, stay warm!

Gavin Glozier, AdvFP
CEO & Principal Financial Adviser
P 1300 763 498 • M 0408 155 140
Level 33, 264 George St NSW, Australia
Life the life you want to live.

The biggest risk of all is not taking one.

MELLODY HOBSON

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