Have you been naughty or nice?

13 Dec 2023

Podcast

Information for advice professionals only.

It has been a big year in advice, so this fortnight will look back on the key themes of calls from advisers to our technical hotline over the last 12 months, as well as looking at what strategy options are coming up for consideration as we head into 2024!

You can also access this podcast via Soundcloud.

Breach Reporting 2.0

While changes were made to the breach reporting regime in 2021, the release of ASIC Corporations and Credit (Amendment) Instrument 2023/589 made modifications to reporting requirements and reporting timeframes from 20 October 2023.

Podcast

Key concepts of SMSFs and LRBAs

Clients may establish SMSFs to hold investments supported by borrowing, or to give them the opportunity to do so in the future. Do you feel you are across who gearing is suitable for and what alternatives to traditional limited recourse borrowing arrangements (LRBAs) are available? In today’s podcast we touch on the key concepts of borrowing in an SMSF.

Podcast

Planning options around the new super tax

With over 18 months until the new proposed tax on super balances over $3M commences, is it too soon to start planning for its introduction? In this podcast we focus in on the proposed super tax and talk the issues and opportunities it might create.

Podcast

Things you should know: This commentary has been prepared by Westpac Financial Services Limited for use by advisers and must not be made available to any client. The commentary provides an overview only and should not be considered a comprehensive statement on any matter or relied upon as such. Projections given are predicative in character and whilst every effort has been taken to ensure that the assumptions on which the projections are based are reasonable, the projections may be based on incorrect assumptions or may not take into account known or unknown risks and uncertainties. The results ultimately achieved may differ materially from these projections. This commentary may also contain material provided by third parties derived from sources believed to be accurate at its issue date. While such material is published with necessary permission, Westpac Financial Services Limited does not accept any responsibility for the accuracy or completeness of, or endorses any such material.