Precision Wealth Management

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Precision Wealth Management Providing quality financial advice to clients without the influence of banks and product providers.

Inherited a property? What you do next could have a significant impact on how much tax you pay. Sell it, keep it, rent i...
19/10/2026

Inherited a property? What you do next could have a significant impact on how much tax you pay.

Sell it, keep it, rent it out or move in? Each option can have different capital gains tax consequences.

Before you decide, understand the rules.

Read our latest blog on capital gains tax and inherited property: https://precisionwm.com.au/capital-gains-tax-on-inherited-property/

Most estate planning conversations focus heavily on one question: who receives what. It's an important question, but it'...
16/10/2026

Most estate planning conversations focus heavily on one question: who receives what. It's an important question, but it's only half the picture.​

The second question, is how well that inheritance is protected once it arrives. For families with minor children, blended family arrangements, or concerns about a beneficiary's circumstances, that second question matters just as much as the first.​

If you're reviewing your estate plan, our can help you think through both.​
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A testamentary trust isn't the right answer for every estate. But for families where it is relevant, the difference in outcome for beneficiaries can be considerable.​

If you're working through your estate plan, our advisers are available to talk through whether a testamentary trust belongs in yours.

Many assume inheriting a property means a tax bill is coming straight away. It isn't automatic. CGT only becomes relevan...
14/10/2026

Many assume inheriting a property means a tax bill is coming straight away. It isn't automatic. CGT only becomes relevant once you sell the property or start using it to earn income. ​

If you've recently inherited property, our team can walk you through what applies to your situation and strategies to minimise CGT before you make any moves.

Thinking about selling the family home as you approach retirement? You may be able to use the downsizer contribution to ...
13/10/2026

Thinking about selling the family home as you approach retirement?

You may be able to use the downsizer contribution to put up to $300,000 from the sale of your home into super, or potentially up to $600,000 as a couple. But being eligible doesn’t necessarily mean it’s the right strategy for you.

Our updated 2026 guide explains how the downsizer contribution works, the eligibility rules, how it interacts with other super contributions, and some of the key factors to consider before making a decision.

Read the full guide: https://precisionwm.com.au/downsizer-contribution-guide/

The 50% CGT discount has now been replaced with cost base indexation and a 30% minimum tax rate on capital gains.If you ...
06/10/2026

The 50% CGT discount has now been replaced with cost base indexation and a 30% minimum tax rate on capital gains.
If you hold shares, ETFs, managed funds or property outside super, this could change your after-tax return, especially if you were planning to sell in a low-income year.

We've run the numbers: https://precisionwm.com.au/cgt-discount-cut-how-you-invest/

We take the time to understand where you are, where you want to be, and how your super and retirement strategy can help ...
05/10/2026

We take the time to understand where you are, where you want to be, and how your super and retirement strategy can help you get there.​

For this client, that meant a more personal approach to their transition to retirement and a strategy designed around the life they wanted to live.​​

Thanks for trusting Glenn and the team with such an important chapter.

The downsizer contribution has a handful of firm rules, and missing any one of them can mean losing the concession entir...
30/09/2026

The downsizer contribution has a handful of firm rules, and missing any one of them can mean losing the concession entirely.​

If a sale is on the horizon, get the timeline mapped with an adviser before contracts are exchanged. PWM works on a flat fee based on the complexity of the advice, with no commissions or percentage based fees influencing the advice.

Did you know? Australia doesn’t have an inheritance tax. But that doesn’t necessarily mean your inheritance will be comp...
29/09/2026

Did you know? Australia doesn’t have an inheritance tax.

But that doesn’t necessarily mean your inheritance will be completely tax-free. Depending on whether you inherit property, shares, superannuation or other assets, and what you do with them, other tax implications can arise.

Our latest guide breaks down what you need to know about inheritance and tax in Australia, including when tax may apply and the key considerations before making decisions about inherited assets.

https://precisionwm.com.au/tax-on-inheritance-australia/

The term refers to the tax concession, not the size of your next home. You can sell a four-bedroom house and buy another...
25/09/2026

The term refers to the tax concession, not the size of your next home. You can sell a four-bedroom house and buy another four-bedroom house, or even a larger one, and still be eligible to move up to $300,000 each into super. ​

Curious whether your situation qualifies? PWM can check the detail before you make an offer on your next home.

One of the things we're most proud of at Precision Wealth Management is how long our client relationships last.​​Adrian'...
23/09/2026

One of the things we're most proud of at Precision Wealth Management is how long our client relationships last.​

​Adrian's story isn't an exception for us. It's the standard we hold ourselves to with every client we work with.​
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If you're looking for an adviser you'll still be talking to in ten years, get in touch with our team.

Address

Suite 2a, 15 Discovery Drive
North Lakes, QLD
4509

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm

Telephone

+611300200012

Website

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