Despite much talk of rising interest rates and possible recession, here are a few reasons to stay the course and stick to your long-term investment strategy.
By Alexis Gray, Senior Economist, Vanguard Asia-Pacific
To avoid additional costs (including the superannuation guarantee charge (SGC)), you must pay the right amount of super for all your eligible employees by the quarterly due date.
Superannuation fund members making a downsizer contribution do not have to sell the whole property or even move out of it after the sale, but cannot claim a contribution for land that has undergone a subdivision, a technical expert has advised.
There is quite a bit of truth to the old adage “there is no free lunch in life” or its more recent equivalent “if you’re not paying for the product, you’re the product” because pretty much everything in life comes at a cost these days.