EKA Wealth

EKA Wealth In person meetings - Sunshine Coast and Geelong regions.

At the heart of EKA Wealth is a passionate financial professional, dedicated to empowering clients to shape the life they envision through personalised financial advice and collaborative planning.

26/06/2026

Initially SMSFs weren’t impacted by the recent Budget announcements.

But a last‑minute amendment has changed things.

SMSFs will no longer be able to borrow to purchase residential property going forward.

👉 If you already have a borrowing arrangement in place — you’re ok.
👉 This applies to new borrowing only.

There will also be a short window (around 45 days from when the law is signed) before the change takes effect.

If this was something you were already thinking about, timing now matters more than it did a few weeks ago.

25/06/2026

It’s very common to end up holding more cash than you expected.
Strong income, bonuses, or business profits can build up quietly over time - and before long, a large balance is just sitting there.

Cash absolutely has a place. It provides flexibility, stability, and peace of mind.
But over longer periods, it typically isn’t designed for growth, and it can struggle to keep up with inflation.

That’s why it can be helpful to step back and ask:
which dollars are there for safety… and which are meant to move you forward?

23/06/2026

This is a common position.
Mid‑50s, solid income, super building steadily - but spread across multiple accounts, with old insurance and unclear fees in the background.

When we sit down, it’s rarely about drastic change.
It’s about simplifying things - bringing super together, reviewing investments and insurance, and mapping out what the next decade could look like.

And often, the biggest shift isn’t financial.
It’s that sense of confidence that comes from knowing where things stand - and no longer wondering if anything’s been overlooked.

22/06/2026

For longer‑term goals, there are investment options that don’t require annual tax reporting or regular oversight - they’re built to compound quietly over time.

That $730k number has been updated — and it’s useful… if you understand it.It comes from ASFA and reflects what a couple...
21/06/2026

That $730k number has been updated — and it’s useful… if you understand it.

It comes from ASFA and reflects what a couple might need for a comfortable retirement at around age 65–67, in today’s dollars.

But if you’re 10–15 years away, inflation quietly moves the goalposts.

At ~3%:
• 10 years ≈ $980k
• 15 years ≈ $1.14M

Same lifestyle. Just different dollars.

This is why retirement planning isn’t about chasing a number —
it’s about understanding your future lifestyle.

If you want help mapping this out, I’m always happy to run the numbers with you.

20/06/2026

There are a couple of lesser‑known super strategies that can be worth considering before the end of the financial year.

The government co‑contribution is one — where eligible personal contributions may attract an additional amount from the government.

And for couples, spouse contributions can in some cases provide a tax offset when one partner earns less.

They’re relatively simple, but not automatic — eligibility thresholds and contribution limits matter.

If either of these sounds like it might apply, it’s worth taking a closer look now to see what’s actually available.

19/06/2026

Holding cash can feel comfortable.

But over time, its ability to keep up with rising costs can be limited.

The key is understanding which money is there for stability… and which is meant to grow.

19/06/2026

As income grows, the question often shifts from what to do to where to put the excess.

Some options sit outside super and are designed to keep things simple - without adding ongoing admin.

18/06/2026

As we get closer to 30 June, one strategy that often comes up is catch‑up (or carry‑forward) super contributions.

Here’s a simple example.

Someone earning $180,000 might only have employer super going in — roughly $21,600 a year.

With a concessional cap of around $30,000, that can leave about $8,000 unused each year.
Over a few years, that might build to $30,000+ of unused cap.

In the right year, they could contribute a larger amount and claim a tax deduction.

Just keep in mind — this only applies if your super balance was under $500,000, and unused caps are only available for up to five years before they expire.

17/06/2026

There are a couple of simple super strategies that tend to get overlooked this time of year — the government co‑contribution and spouse contributions.

They’re not widely talked about, but for the right person, they can add real value.

For example, if your income is under around $45,000, a personal contribution could be topped up by the government.

And for couples, contributing to a lower‑income spouse’s super may also come with a tax offset.

They’re not one‑size‑fits‑all — thresholds and rules apply — but they’re often worth a second look before 30 June.

Address

Suite 8-10, 28 Eenie Ck Road
Noosaville, QLD
4566

Opening Hours

Monday 9am - 4pm
Tuesday 9am - 4pm
Wednesday 9am - 4pm
Thursday 9am - 4pm
Friday 9am - 12pm

Website

,

Alerts

Be the first to know and let us send you an email when EKA Wealth posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category