Free Financial Health Check

For all new Butler clients we offer a free 60-minute financial health check At Butler we strive to help clients reach financial freedom. Our Financial Health Check involves one of our financial advisors working with you to get a complete picture of your assets, liabilities, income, and expenses, giving helpful hints, tips and ideas to […]

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The plunge in shares and flow on to Super
Key things for investors to keep in mind

  Introduction Usually share markets are relatively calm and so don’t generate a lot of attention. But periodically they tumble and generate headlines like “billions wiped off share market” and “biggest share plunge since…” Sometimes it ends quickly and the market heads back up again and is forgotten about. But once every so often share […]

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Key things for investors to keep in mind

The 2022 Australian Federal election and investors

Key points Australian election campaigns tend to result in a period of uncertainty which have seen weak gains on average for shares followed by a bounce once it’s out of the way. Labor is not offering a significantly different economic policy agenda than the Coalition. With the exception of climate policies, it’s hard to see […]

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Bank Concessions for Coronavirus

On March 20, the Australian Banking Association announced that banks will offer businesses who have been impacted by the outbreak, a six-month deferral for business loan repayments. It was also indicated that this deferral could extend to residential loans if needed and on a case-by-case basis. For the most up to date information, see the Australian Banking […]

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Coronavirus Stimulus Package

The Australian Government has announced an economic response to protect the economy by maintaining confidence, supporting investment and keeping people in jobs. The stimulus has targeted targets four key areas: 1 – Delivering support for business investment INSTANT ASSET WRITE OFF – From today, the Government is increasing the instant asset write-off threshold from $30,000 to $150,000 […]

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Do you have a Self-Managed Super Fund?

Are your lodgements up-to-date? Your fund status will change if SMSF annual returns are late From 1 October 2019, if your SMSF is more than two weeks overdue on any annual return lodgment due date and hasn’t requested a lodgment deferral, the ATO will change the status of your SMSF on Super Fund Lookup (SFLU) […]

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SMSFs, Collectables & Personal Use Assets

What are collectables and personal use assets? Section 62A of the Superannuation Industry (Supervision) Act 1993 (SIS Act) provides that the regulations may make rules in relation to trustees of self-managed superannuation funds (SMSF) making, holding and realising investments involving collectables and personal use assets. Collectables and personal use assets include: artwork jewellery antiques artefacts […]

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SMSF – Avoiding Penalties

The penalty regime for self-managed superannuation funds (SMSFs) under the Australian Taxation Office (ATO) has been in place for a year. The ATO powers were set up to give the tax regulator additional flexibility to administer penalties that reflect the severity of a breach. Administrative penalties administered by the ATO are based on a sliding […]

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