You may have heard the saying, “No risk, no reward”. But did you know that making incremental investments and diversifying your portfolio over time can mitigate the risk of market volatility and be rewarding in the long haul?  Investing: Risks When people think about investing, they tend to focus on the potential to receive a […]

What will your retirement look like? Research states that to experience a long, enjoyable retirement, you need to: Should you require further information in relation to your planning a comfortable retirement, please feel free to contact Peter Quinn by submitting an enquiry or calling us on +61 2 9580 9166 to book an obligation free […]

As you are no doubt aware, every superannuation fund is required by law to have a complying investment strategy. The investment strategy should have an explanation of: It makes sense when establishing your investment strategy that you consider the following. Note that there is no right or wrong investment strategy. The investment strategy will depend […]

We all want to be financially secure; naturally, we want our children to be financially secure. If I had to give only three tips to young adults, I would suggest the following as a great start; Start early. My financially secure clients generally started saving early in life. Children can learn very early by saving […]

Your superannuation fund can generally provide different types of life insurance or personal insurance. Life insurance and Total and Permanent Disability (TPD) are generally available through superannuation. Also, other protection, such as accidental death and injury insurance, as well as critical illness or trauma coverage, are available. Should you insure through super? Using your super […]

Changes to the childcare subsidy Many people seem unaware that the childcare subsidy changed for the better from 10 July this year. Families with annual earnings over $80,000 up to $530,000 may be eligible for this subsidy. The significant change here is that the upper limit has changed from combined earnings of $356,756 to $530,000; […]

Does your accountant prepare your financial statements in Australia, or is your financial information processed offshore? At Quinn Consultants (our taxation and accounting arm of the business) and Quinn Financial Planning (our financial planning and investment division), all taxation, accounting, and financial planning is done within Australia. It is becoming more prevalent for accountancy and […]

Protection of assets. Many business owners choose to operate their business through a corporate structure. Running a business can be fraught with pitfalls and risks, particularly during times of high inflation. Separating your business and personal assets helps to segregate your business risks away from your personal assets. The business risk could involve a lawsuit […]

What impact would a traumatic event have on you and your family? Trauma events encompass severe medical conditions that have the potential to affect the well-being of you or your loved one. These include conditions like: Conditions like cancer and strokes can strike without warning, affecting the person facing the illness and the entire family. […]

With more taxpayers working from home, you are no doubt aware that you can claim a fixed rate tax deduction of 67c per hour. Unlike previous years this fixed rate amount includes the additional running expenses you incur, such as; Please ensure that you do not claim the 67c per hour and the above running […]