07 3393 9541

scarlton@rfsfinance.com.au
Latest News

Latest News

How would your family cope if your income stopped

The facts: Heart disease kills one Australian every 10 minutes. 42,000 Australians are expected to die from cancer this year alone. 96% of Australian families lack enough life insurance to protect their families for >10 years or more, meaning only 4% of families are adequately covered. Someone in their mid-30s with two young children and earning around >$50,000 pa will need life insurance cover of between $500,000–$650,000,5 or 10–13 times their annual pre-tax income.

Read more

Super- will I have enough

Many of us think about market risk when planning for retirement, but how much do we know about longevity risk? Arguably more confronting than market risk, it's generally less understood.

Read more

Record slowdown in investment lending

Investor housing finance was flat in May with annual growth easing to a record low of 2.0 per cent. The data has been compiled since 1990. In seasonally-adjusted terms, new detached house sales fell by 4.4 per cent in May to stand 12.8 per cent down on the peak in December and stand 14.1 per cent lower than a year ago.

Read more

Royal Commission – Financial Planning

The Banking Royal Commission raised concerns including qualifications, conflicts of interest with advice & vertical integration (referring to where the product owner has common ownership with the advisor who recommends the product).

Read more

Claim depreciation for others people work

When you purchase an investment property that is not brand new, any improvements or additions completed on the property, prior to your purchase will be considered for depreciation purposes. The fact that you may not know when the work was completed, or how much it cost, doesn't matter. A quantity surveyor is qualified to estimate those details and ensure your deductions are maximised.

Read more