Category Archives: Uncategorized

Mortgages

Time to Review your Mortgages

According to Galaxy research, that iSelect arranged, one third of mortgagors have not reviewed their mortgage options in the last five years and over 80% of Australians do not know their mortgage rate.

If you could pay less in interest rates, grow your superannuation benefits faster or just pay less in fees is it not worth knowing about?

There is a misconception that moving lenders is costly and a hassling event, this is not always the case. The potential saving gains that can occur, when switching a loan to one with a lower interest rate, can sometimes be underestimated.

This year we will be encouraging our clients to do an annual home loan check, both outside of their SMSF and within for the Limited Recourse Borrowing Arrangement (LRBA’s) in place.

Beware

*BEWARE* Low Cost Providers

We have had several discussions with clients, and other professionals within the self-managed superannuation fund (SMSF) industry, about low cost providers of accounting and audit work. The ATO have commenced targeting low cost auditors and suppliers.

Kasey Macfarlane, the ATO SMSF Segment Assistant Commissioner said during theinterview with the SMSF Association that low-cost audit problems discovered included the failure to confirm fund assets and not reviewing the terms and structures of Limited Recourse Borrowing Arrangements. Kasey continues “In another case, there was an auditor who failed to retain documentation in accordance with the auditing standards and had failed to identify and report two material real contraventions that the ATO had required.[1]”

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Women In Finance Awards 2017

Brooke Hepburn-Rogers has been shortlisted for the prestigious Women in Finance Awards, partnered by National Australia Bank. Continue reading →

It’s time to think about your investment strategy

You’ve made it through the financial year and navigated the new superannuation laws that took effect on 1 July 2017 but there is one thing you should always think about and that’s your investment strategy. Continue reading →

Survey – Stellar Annual Conference

We are looking at holding an annual SMSF seminar next year, touching on areas from legal experts, auditors and much more. Would you please complete the included Survey so we can ensure an optimum outcome?

https://www.surveymonkey.com/r/PGJTDCQ

Stellar Super June Newsletter

Click here to download the latest newsletter from Stellar Super

Superannuation year end planning for the 2016/17 financial year

The end of the financial year always seems to crop up faster than it should. Given the impending July 2017 superannuation changes, being on top of your end of financial year planning is as important as it has ever been.

This year it is essential that you consider maximising the existing contribution limits for superannuation before they decrease on 1 July 2017. While maximising contributions should be front of mind it is imperative you don’t forget your other obligations as trustee of your SMSF and ensure that your SMSF stays on track! Continue reading →

Stellar March Newsletter

Click here for the March Newsletter.

Accountants Gathering – National Press Club

On the 12th May, Stellar Super and BCR Advisory facilitated an open forum to discuss new legislation, Federal Budget updates, and the new changes to insolvency laws.