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Finance and Risk Consultants Pty Ltd

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http://www.financeandrisk.com.au/

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Finance and Risk Consultants Pty Ltd

Financial Services - Financial Adviser Take advantage of debt and borrowing to pay off the mortgage sooner or to expand your investment portfolio.

Welcome to Finance and Risk Consultants,

At Finance and Risk Consultants Pty Ltd, we aim to provide you with the most appropriate professional advice to help you achieve financial freedom and lifestyle goals. Know your money - Understand advantages of an appropriate savings strategy no matter what your goal - car, house, retirement. Know your insured - Business or personal insurance. Ensuring you

are appropriately covered will avoid disappointment in the event of claim. Plan and Review - Regular review of your plan will help you stay on track to meet your goals. Finance and Risk Consultants Pty Ltd* - ABN 32 151 621 304.
*For Financial Planning and Life Insurance, Finance and Risk Consultants are a Corporate Authorised Representative of My AFSL Pty Ltd – ABN 88 625 856 840 – AFSL No 508559. Authorised Rep No - 409344

Disclaimer: The posts are of a general nature only and are not to be taken as recommendations as they might be unsuited to your specific circumstances. The contents herein do not take into account the investment objectives, financial situation or particular needs of any person and should not be used as the basis for making any financial or other decisions. Your financial adviser or other professional advisers should be consulted prior to acting on this information. This disclaimer is intended to exclude any liability for loss as a result of acting on the information or opinions expressed.

03/06/2026

𝐆𝐢𝐟𝐭𝐢𝐧𝐠 𝐫𝐮𝐥𝐞𝐬: 𝐠𝐞𝐧𝐞𝐫𝐨𝐮𝐬 𝐢𝐧𝐭𝐞𝐧𝐭𝐢𝐨𝐧𝐬, 𝐬𝐭𝐫𝐢𝐜𝐭 𝐥𝐢𝐦𝐢𝐭𝐬

Transferring assets to family is a natural retirement impulse; however, Centrelink has clear rules around this. You can gift up to $10,000 in a financial year and a maximum of $30,000 over a rolling five-year period without penalty. Anything above these limits is treated as a "deprived asset" and counted as if you still own it for five years from the date of the gift.

𝐑𝐞𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐚𝐬𝐬𝐞𝐭𝐬 𝐟𝐨𝐫 𝐚 𝐛𝐞𝐭𝐭𝐞𝐫 𝐨𝐮𝐭𝐜𝐨𝐦𝐞

This is where real value is unlocked, and where the difference between a well-advised and an unadvised retiree can be measured in tens of thousands of dollars over a retirement:

· 𝐈𝐧𝐯𝐞𝐬𝐭 𝐢𝐧 𝐲𝐨𝐮𝐫 𝐡𝐨𝐦𝐞. Renovations, upgrades, or paying down a mortgage all convert assessable assets into an exempt one. Every dollar shifted into your principal residence reduces your assessable asset base.
· 𝐅𝐮𝐧𝐞𝐫𝐚𝐥 𝐛𝐨𝐧𝐝𝐬 𝐚𝐧𝐝 𝐩𝐫𝐞𝐩𝐚𝐢𝐝 𝐟𝐮𝐧𝐞𝐫𝐚𝐥𝐬. Funeral bonds are exempt from the assets test up to $15,750 per person. Alternatively, a prepaid funeral plan with a valid contract is fully exempt with no upper cap, making it the more powerful option for many retirees.
· 𝐂𝐨𝐫𝐫𝐞𝐜𝐭 𝐚𝐬𝐬𝐞𝐭 𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧𝐬. Centrelink requires second-hand value, not replacement or insurance value. A fair estimate for home contents is typically $10,000 for couples and $5,000 for singles.
· 𝐒𝐩𝐞𝐜𝐢𝐚𝐥 𝐃𝐢𝐬𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐓𝐫𝐮𝐬𝐭𝐬. Eligible family members can contribute up to $500,000 into a Special Disability Trust for a family member with severe disability without triggering gifting rules, with assets inside exempt from the assets test up to $832,750.

The Age Pension should not be an afterthought. For many Australians, it is a meaningful and growing component of retirement income. The question is whether you have a plan to claim your full entitlement or are simply hoping for the best.

20/05/2026

Your employer now contributes 12% of your ordinary earnings into super, but for most Australians it's still not enough to fund the retirement they're imagining.

The good news? Topping up your super, even modestly, can be one of the most tax-effective financial decisions you make.

𝐓𝐡𝐫𝐞𝐞 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 𝐰𝐨𝐫𝐭𝐡 𝐤𝐧𝐨𝐰𝐢𝐧𝐠
· 𝐒𝐚𝐥𝐚𝐫𝐲 𝐬𝐚𝐜𝐫𝐢𝐟𝐢𝐜𝐞. Redirecting pre-tax pay into super, may reduce your taxable income and turbocharge your balance simultaneously.
· 𝐂𝐚𝐫𝐫𝐲-𝐟𝐨𝐫𝐰𝐚𝐫𝐝 𝐜𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧𝐬. If your total super balance is below $500,000 on 30 June of the previous tax year), you can carry forward unused concessional cap amounts from the previous five financial years, potentially allowing a much larger tax-deductible contribution in one hit. This window closes for unused amounts from 2019–20 after 30 June 2026.
· 𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐜𝐨-𝐜𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧. If you earn $62,488 or less and make after-tax contributions, the government will match up to $500 of your personal contributions, essentially free money. However, there are other requirements to meet to qualify for the co-contribution.

Every dollar you contribute today compounds inside a low-tax environment for potentially decades. The best time to start was yesterday; the second-best time is now.

06/05/2026

𝑺𝒖𝒑𝒆𝒓𝒂𝒏𝒏𝒖𝒂𝒕𝒊𝒐𝒏 𝒄𝒐𝒏𝒄𝒆𝒔𝒔𝒊𝒐𝒏𝒂𝒍 𝒄𝒐𝒏𝒕𝒓𝒊𝒃𝒖𝒕𝒊𝒐𝒏𝒔

The annual concessional contributions cap is $30,000 per person for the financial year 2025/26.

Carry forward rules may be used if your Total Super Balance was below $500,000 on 30 June 2025, and if you have unused concessional caps from previous financial years (starting from the FY 2020/21).

If eligible and you’re below age 67, you can make these contributions without having to meet the work test.

If eligible and you’re aged between 67 & 75, you must meet the work test or meet the one-off work test exemption rules to be able to make personal deductible contributions.

𝐈𝐟 𝐲𝐨𝐮’𝐫𝐞 𝐞𝐥𝐢𝐠𝐢𝐛𝐥𝐞 𝐭𝐨 𝐜𝐥𝐚𝐢𝐦 𝐚 𝐭𝐚𝐱 𝐝𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐩𝐞𝐫𝐬𝐨𝐧𝐚𝐥 𝐜𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧𝐬, 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 𝐭𝐨 𝐞𝐧𝐬𝐮𝐫𝐞 𝐭𝐡𝐞 𝐜𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧𝐬 𝐚𝐫𝐞 𝐫𝐞𝐜𝐞𝐢𝐯𝐞𝐝 𝐛𝐲 𝐭𝐡𝐞 𝐟𝐮𝐧𝐝 𝐛𝐞𝐟𝐨𝐫𝐞 𝟏 𝐉𝐮𝐥𝐲 𝟐𝟎𝟐𝟔, 𝐨𝐫 𝐞𝐯𝐞𝐧 𝐞𝐚𝐫𝐥𝐢𝐞𝐫 𝐚𝐬 𝐜𝐞𝐫𝐭𝐚𝐢𝐧 𝐬𝐮𝐩𝐞𝐫 𝐟𝐮𝐧𝐝𝐬 𝐰𝐢𝐥𝐥 𝐡𝐚𝐯𝐞 𝐭𝐡𝐞𝐢𝐫 𝐨𝐰𝐧 𝐜𝐮𝐭 𝐨𝐟𝐟 𝐭𝐢𝐦𝐞𝐬.

22/04/2026

𝑺𝒖𝒑𝒆𝒓𝒂𝒏𝒏𝒖𝒂𝒕𝒊𝒐𝒏 𝑵𝒐𝒏-𝒄𝒐𝒏𝒄𝒆𝒔𝒔𝒊𝒐𝒏𝒂𝒍 𝒄𝒐𝒏𝒕𝒓𝒊𝒃𝒖𝒕𝒊𝒐𝒏𝒔

▪️ If you are below age 75, you are eligible to make non-concessional contributions to superannuation and even utilise the bring forward arrangement without having to meet the work test.

▪️ To be able to make non-concessional contributions before 30 June 2026, your Total Superannuation Balance (TSB) on 30 June 2025 must have been below $2m. The table in the graphic explains potential amounts that may be brought forward based on the TSB on 30 June 2025.

15/04/2026

In your 50s, you should consider an audit of your insurances. Many overpay heavily for outdated policies from their 30s–40s when debts were bigger. Needs often drop to 𝟒𝟎–𝟔𝟎% as mortgages shrink and kids gain independence.

𝐊𝐞𝐞𝐩 𝐋𝐢𝐟𝐞 𝐂𝐨𝐯𝐞𝐫 𝐅𝐨𝐫:

▪️ Kids/grandkids
▪️ Investment debts
▪️ Equalising inheritances
▪️ Partner’s retirement security

𝐈𝐧𝐜𝐨𝐦𝐞 𝐏𝐫𝐨𝐭𝐞𝐜𝐭𝐢𝐨𝐧:

Shorten benefit period to cut costs.

𝐓𝐏𝐃: Retain for lump sums (ends ~65 in super).

𝐓𝐢𝐩: Use level premiums where available to avoid 60s price spikes.

𝐌𝐮𝐬𝐭-𝐃𝐨:

▪️ Update Binding Death Benefit Nominations (every 3 years).
▪️ Align with Will to avoid 30% tax on adult kids or family fights.

𝐀𝐜𝐭𝐢𝐨𝐧: Log into super - check cover, costs, and nomination expiry. Recalculate needs.

𝐁𝐨𝐭𝐭𝐨𝐦 𝐥𝐢𝐧𝐞: One audit can save thousands in premiums/taxes and protect your retirement.

24/03/2026

Contributions in your 30s outperform later ones thanks to 35 years of compounding — your secret wealth weapon.

𝐒𝐚𝐥𝐚𝐫𝐲 𝐒𝐚𝐜𝐫𝐢𝐟𝐢𝐜𝐞 𝐖𝐢𝐧𝐬 Concessional

contributions are taxed at 15% (vs 32–47% marginal rate). On $90k salary,

$1,000 sacrificed saves ~$170 tax.

2025-26 cap: $30,000 (incl. employer SG). Carry forward unused caps if balance < $500k. After-tax contributions only if maxed out or low-income (govt co-contribution up to $500).

𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 Consider

growth-focused investing — time handles volatility.

𝐀𝐜𝐭𝐢𝐨𝐧 Review your fund, boost salary

sacrifice (even $50/week could add $100k+ at retirement).

Your 30s are the sweet spot to build wealth while you sleep.

17/03/2026

Your savings are your safety net. This is money you can access quickly without losing sleep over market movements. Think of offset accounts, high-interest savings accounts, term deposits.

Investing is your growth engine. This is money you put to work by purchasing assets such as shares, property, or managed funds, accepting short-term volatility for long-term returns.

But what is the key difference? Time and risk.

Savings protect you today. Investments build your tomorrow.

Investing without savings is speculation. But savings without investing means inflation quietly erodes your purchasing power year after year.

24/02/2026

The "tax write-off" trap

Just because something is tax-deductible doesn't make it a good deal. If you spend $10,000 on new tools because "it's a write-off," you're still out of pocket $6,500-$7,000 after tax. Buy what they genuinely need to earn more money, not just to reduce their tax bill.

Upgrading the ute every two years

A reliable work vehicle is essential, but constantly trading up to the latest model is wealth destruction. Between depreciation, loan interest, and higher insurance, you could be burning $15,000+ per year. That money saved and invested in super or property could set you up for early retirement, especially important when your body might not hold up for a full working life.

Skipping Super because you're a sole trader

When you're an employee, super happens automatically. As a sole trader or subcontractor, you need to pay yourself super—but many don't. Your body won't be climbing ladders or lifting heavy materials forever. Super is your future income when physical work slows down or stops altogether.

No Income Protection insurance

One workplace injury or health issue could end your earning capacity overnight. Yet many tradies skip income protection insurance to save money. If you can't work, how will you pay your mortgage, feed your family, or cover bills?

Buy-Now-Pay-Later for Everything

Afterpay and Zip make it too easy to buy new boots, tools, or even groceries across multiple payments. Before you know it, you've got five or six BNPL debts running simultaneously, each taking a chunk from every pay. If you can't afford to buy it outright today, you probably can't afford the repayments either.

The trades offer incredible earning potential, but only if you're smart with your money.

17/02/2026

Managing your money doesn't have to feel overwhelming. Whether you're building your first emergency fund, saving for a home deposit, or growing your super, the 50/30/20 rule offers a straightforward framework that can work with any income level.

The 50/30/20 rule divides your after-tax income into three clear categories: 50% for ‘needs’, 30% for ‘wants’, and 20% for savings and debt repayment.

· Your needs include essentials like rent or mortgage payments, groceries, utilities, insurance, and minimum debt repayments.
· Your wants cover everything that enhances your lifestyle—dining out, entertainment, holidays, and streaming subscriptions.
· The final 20% goes toward building your financial future through savings, investments, or paying down debt faster.

04/02/2026

As we welcome 2026, it's the perfect moment to reflect on the financial journey that was 2025, a year that tested our resilience and rewarded our patience.

𝐓𝐡𝐞 𝐩𝐨𝐰𝐞𝐫 𝐨𝐟 𝐜𝐨𝐧𝐬𝐢𝐬𝐭𝐞𝐧𝐜𝐲 𝐨𝐯𝐞𝐫 𝐭𝐢𝐦𝐢𝐧𝐠 - One of the most valuable lessons from the past year is that consistent investing beats trying to time the market.

𝐄𝐦𝐞𝐫𝐠𝐞𝐧𝐜𝐲 𝐟𝐮𝐧𝐝𝐬 𝐚𝐫𝐞𝐧'𝐭 𝐨𝐩𝐭𝐢𝐨𝐧𝐚𝐥 - Every household needs a solid emergency buffer.

𝐃𝐢𝐯𝐞𝐫𝐬𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐫𝐞𝐦𝐚𝐢𝐧𝐬 𝐲𝐨𝐮𝐫 𝐛𝐞𝐬𝐭 𝐟𝐫𝐢𝐞𝐧𝐝 - Investors who spread their risk across different asset classes, sectors, and geographies generally weathered market turbulence better than those heavily concentrated in single investments.

𝐒𝐮𝐩𝐞𝐫 𝐝𝐞𝐬𝐞𝐫𝐯𝐞𝐬 𝐚𝐜𝐭𝐢𝐯𝐞 𝐚𝐭𝐭𝐞𝐧𝐭𝐢𝐨𝐧 - Your superannuation is likely your largest asset after your home, yet many Australians remain in default funds with higher fees and underperforming returns.

𝐘𝐨𝐮𝐫 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐠𝐨𝐚𝐥𝐬 𝐧𝐞𝐞𝐝 𝐫𝐞𝐠𝐮𝐥𝐚𝐫 𝐫𝐞𝐯𝐢𝐞𝐰 - Life changes, and so should your financial plan.

Start 2026 with clarity about your financial objectives and the confidence that comes from learning through experience.

Address

Suite 3. 04, 247 Coward Street
Mascot, NSW
2020

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Telephone

+61283380988

Website