Tag Archives: 2012 Budget

High income earner? You could save up to 30% on your health insurance this year only

Posted on 17/05/2012 by DFSGympie

If you’re under 65 and earning more than $84,000 as a single or $168,000 as a family, it may be worth pre paying your health insurance for 12 months to take advantage of the 30% Private Health Insurance Rebate which disappears 1 July 2012. Have a read of a fantastic … Continue reading →

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Removal of automatic Centrelink Statements – trick for old players!

Posted on 15/05/2012 by DFSGympie

  George Flack, Centrelink specialist and director of Charter practice Flack Advisory, has objected to the Government’s plans to stop automatically mailing out Centrelink statements. Senator Kim Carr last month announced that although statements would no longer be automatically mailed to people from 1 July this year, people could request … Continue reading →

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2012-2013 Federal Budget Review – an investors perspective

Posted on 09/05/2012 by DFSGympie

  The surplus that Australia had to have The 2012-13 Federal Budget contains a raft of measures designed to “spread the benefits of the mining boom” and generate an estimated surplus of $1.5 billion in the next financial year. Measures target corporate Australia and high income earners. The increase in … Continue reading →

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Less tax appeal for high income earners in super

Posted on 30/04/2012 by DFSGympie

Financial Standard By Melanie Timbrell High-income earners are set to see superannuation tax concessions cut in next week’s budget. The move to increase tax on concessional contributions to 30% is likely to affect the approximately 128,000 Australians who earn more than $300,000 a year. Currently all concessional superannuation contributions are … Continue reading →

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