Everything you need to know about our Berry Financial Services Advisers Lucas Garside – Financial Services Guide 2020   David Cashel – Financial Services Guide 2019    

Deeming is a simple set of social security rules used to assess income from financial assets. Under these rules, financial assets are assumed to earn a certain amount of income, regardless of how much they actually earn. Deeming is a simple set of social security rules used to assess income from financial assets. Under these Read More »

In times like these, it is not uncommon for a parent to want to extend financial support to their children, such as gifting a lump sum of money. If you give away an asset to anyone, Centrelink may apply the ‘deprivation’ or ‘gifting’ rules and it’s important to be aware of the implications. These rules Read More »

First Home Saver Accounts (FHSAs) are the first of their kind in Australia and use a combination of Government contributions and low taxes to provide a simple, tax effective vehicle to help individuals save for their first home in which to live in — whether it’s buying an existing house or building a new house. Read More »

Each year many of us make a New Year’s resolution to spend less and save more for our future, but without a plan our good intentions may not amount to much. Let’s look at some basic rules for building and preserving your wealth in the years ahead. Pay yourself first Make sure that you regularly Read More »