How much Insurance is enough?

Like it or hate it, insurances are a necessary part of life. Given the risks involved when owning a house, driving a car, playing sport or running a business, insurance is the mechanism for protecting your financial interests against loss or damage. Just as people insure their material possessions, there is nothing more valuable than…

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10 Investment Principles for Success

At TAG, we don’t believe in get rich quick schemes and we don’t have magical investment formulas. Our 10 investment principles are based on years of experience and successful implementation which we use for ourselves and with our clients. 1. Have a plan and set some goals 2. Establish your timeframe 3. Determine your tolerance to risk 4. Focus…

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Single Touch Payroll (STP) – Action Needed

#TAGBetterBusiness Single Touch Payroll (STP) is a new regulation that changes how businesses report tax and super information to the Australian Tax Office (ATO). Previously, businesses could report this information once a year but now need to report each time they run their payroll. Software providers (like MYOB or Xero) can tell you about the…

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Cancellation of Insurance in Super

#SuperTips There are new rules around insurance in Superannuation Funds. From 1 July 2019, Superannuation Funds will cancel insurance on accounts that have not received contributions for at least 16 months. Your Fund will contact you if the insurance is about to end and ask whether you would like to continue. Before cancelling your insurance,…

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Woolworths Group Limited Buy-Back 2019

On April 1, Woolworths Group (WOW) announced it was undertaking a $1.7 billion off-market buyback that would complete by Friday May 24 2019. Offers to participate are open from Tuesday April 16 2019, until Friday May 24 2019. If you own WOW shares you should have recently received in the mail an offer to participate…

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Do You Need an Estate Plan?

Most people believe Estate Planning is for the wealthy. But the issues don’t discriminate, and the concerns are often the same for everyone; Who will get my money when I die? Do I own everything / how much of my wealth is part of my estate? Do I want assets to pass to specific people?…

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Meet the TAG Team – Wendy Waack

Wendy Waack is our newest Partner and in this article Wendy outlines her career journey – and like many females, it is not straight forward. I served my accounting apprenticeship at KPMG, which was fantastic. I literally had one foot on a plane for an overseas secondment (having just topped my KPMG year for the…

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TAG Tips – ALP Tax Policy Proposals

In this video, Michelle Griffiths provides a summary of the ALP’s tax policy proposals and what affect they may have.   Disclaimer: The information contained is general in nature. Professional advice should be sought before acting on any aspect on this page. Financial planning services provided by TAG Financial Advisors Pty Ltd (ABN 77 154…

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TAG Tips – Federal Budget, what you need to know

Treasurer, Josh Frydenberg, delivered the Federal Budget on 2 April 2019. We have summarised the Federal Budget essentials for our clients including individuals and small business owners. Personal Income Tax Low and Middle Income Tax Offset and Low Income Tax Offset (LMITO) The Government has announced its intention to increase the maximum amount of the…

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