Financial planning for doctors

FEDERAL BUDGET 2018

Introduction

Update

Property

Shares

Family

Articles

Legal Stuff

Introduction

Welcome to the Whole Wealth analysis of the government's Federal Budget 2018/19. Like many predicted it is an election budget with plenty of carrots to entice the masses to vote for the LNP. Luckily for the government, the economy gods have smiled upon them, giving them a growing global economy, which in turn has given Australia a growing economy and more money in the treasury coffers then they had projected previously.  

Like all budgets they are contingent on the proposed legislation to pass the House of Representative, the Senate, and receive the Royal Ascent from the Governor General (usually a given). Currently the government has the majority in the House of Representatives but will have to work with the Senate to pass the bills.

The first round of tax cuts will be implemented post elections so are dependent on the Liberal being voted into parliament. The more significant tax cuts come into play 7 years from now.

There will also be major spending for infrastructure to commbat Australia increasing population. The lion's share of this spending will be distributed 

It starts off with tax cuts for more than $10 million Australians. For those earning up to $90,000 will save about $530, 

Principal Wealth Strategist 

Guy Rasmussen

 

Update

The Tax Time 

Last month we had the 2018/19 Federal Budget 

The Budget 

Last month we had the 2018/19 Federal Budget 

Whole Wealth Portal

Ou

Property

 

Hobart leads the way.

Shares

 

April was an unusual month in the Australian sharemarket. The market rose by 4% across the month. The unusual element was how smooth that rate of growth was. Here is how it looked on Yahoo Finance

Family

 

Brayden

Brayden has just finished his first term of

Articles

LEGAL STUFF

General Advice and Tax Warning

 

The above suggestions may not be suitable to you. They contain general advice which does not take into consideration any of your personal circumstances. All strategies and information provided on this website are general advice only.

 

Please arrange an appointment to seek personal financial and/or taxation advice prior to acting on anything you see on this website.

 

The tax-related component of the above discussion was prepared by Dover Financial Advisers Pty Ltd, AFSL 307248. Dover Financial Advisers is a registered tax (financial) adviser.

 

The legal component of the above discussion was prepared by MLA Lawyers Pty Ltd.

 

The credit-related component of the above discussion was prepared by Dover Financial Advisers Pty Ltd, AFSL 307248. Dover Financial Advisers holds an Australian Credit Licence.

 

Contact Details

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Licencing Details

Guy Rasmussen is an authorised representative (1238998) of Dover Financial Advisers Pty Ltd.

 

GM Rasmussen Pty Ltd ATF Whole Wealth is a corporate authorised representative (1251211) of Dover Financial Advisers Pty Ltd.

 

Dover Financial Advisers Pty Ltd AFSL 307248 | ABN 87 112 139 321 | 71 Tulip Street, Cheltenham, VIC 3192

 ©2016 WHOLE WEALTH

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