First Financial Blog

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Understanding the super contributions bring-forward rule

Posted on October 13, 2021 by First Financial

As you get closer to retirement, boosting your super balance is always at the top of the financial to-do list. If you happen to receive a financial windfall or sell a significant asset, applying the super contributions bring-forward rule could be a useful strategy.

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First Financial’s pandemic pets

Posted on October 8, 2021 by First Financial

Here in Melbourne, we are now the record holders for the longest cumulative lockdown of any city in the world. But during the lockdown period some of our First Financial team members welcomed new furry friends into their lives… while others were extremely grateful for their long-standing pet-pals.

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Super strategies and small business CGT concessions

Posted on October 7, 2021 by First Financial

If you are a business owner, it’s important that you are familiar with the Government’s small business capital gains tax (CGT) concessions. The concessions can offer significant financial benefits, depending on your personal situation and how long you’ve owned your business.

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Tax implications of employee share schemes

Posted on September 29, 2021 by First Financial

Many global corporations utilise employee share schemes as workplace incentives. They are an effective way to encourage retention and motivate employees to do their best for the organisation. But there are potential tax implications you need to know about.

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Super fund performance

Posted on September 9, 2021 by First Financial

On 31 August the Australian Prudential Regulation Authority released results from their first MySuper Product Performance Test. We take a look at these results and Chris Crough, First Financial Principal, discusses why our clients are protected from this poor super fund performance.

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Managing cash flow in retirement

Posted on September 6, 2021 by First Financial

Everyone has different dreams for their retirement but regardless of what your retirement looks like, there’s always a need for financial stability. Here, we consider cash flow in retirement. And we look at some of the important steps you can take to help minimise financial stress so you can focus on the things you enjoy.

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Are you buying a house in 2021?

Posted on September 3, 2021 by First Financial

While the initial impact of COVID-19 slowed the property market last year, it has certainly bounced back, and consumer confidence appears strong. With that in mind, we look at some of the factors to consider if you are buying a house in 2021.

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Our five step super health check

Posted on August 20, 2021 by First Financial

Do you know how your superannuation is performing? Have you taken some time to review your fees or check that you are on track to reach your financial goals before retirement? Here are our five steps to help you do a super health check.

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Family trusts and investments

Posted on August 13, 2021 by First Financial

Do you have or are you considering creating a family trust? Here in Australia they are becoming increasingly popular and with good reason. They have unique advantages and can help you with your financial planning, investments and tax distribution.

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Did you know about these superannuation benefits?

Posted on July 29, 2021 by First Financial

We talk about the importance of superannuation a lot. It is a critical part of making sure you are financially prepared for retirement. But there is so much more to it than just saving for the future… there are a lot of benefits that you can access if you are with the right fund and structure your super effectively.

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