Blog – Maddern Financial Advisers

Be ahead of the news in accounting, private wealth and finance

Coin in jar

What if I exceed my super contribution caps?

Team Maddern
07/Aug/2021
Making additional personal contributions to superannuation is a great way to boost your retirement savings in a tax-effective way. But there are strict caps or limits on the amount you can contribute each year and stiff tax penalties for exceeding the limits.
New covid-19 relief schemes - written text

New COVID-19 relief schemes explained

Team Maddern
02/Aug/2021
As we navigate ongoing lockdowns due to COVID-19 across Australia, here is a guide to the latest benefits you may be entitled to from the Federal and State Governments.
Goal written with a dart

Achieving success through habits

Team Maddern
25/Jul/2021
The new financial year offers an opportunity for taking an ‘out with the old, in the new’ approach, making a fresh start in relation to your financial affairs, it’s also a good opportunity to re-examine other aspects of your life.
Inflation written on blackboard

What's up with inflation?

Team Maddern
17/Jul/2021
Fears of a resurgence in inflation has been the big topic of conversation among bond and sharemarket commentators lately, which may come as a surprise to many given that our rate of inflation is just 1.1 per cent. Yet despite market rumblings, the Reserve Bank of Australia (RBA) appears quite comfortable about the outlook.
Business man and woman

SMSFs closing the age and gender gap

Team Maddern
10/Jul/2021
Self-managed super funds (SMSFs) have emerged from a difficult year stronger than ever. Not only have balances been repaired after the initial market shock in the early days of COVID-19, but more young people and women are taking control of their retirement savings.
Alarm clock

New Financial Year rings in some super changes

Team Maddern
03/Jul/2021
As the new financial year gets underway, there are some big changes to superannuation that could add up to a welcome lift in your retirement savings. Some, like the rise in the Superannuation Guarantee (SG), will happen automatically so you won’t need to lift a finger. Others, like higher contribution caps, may require some planning to get the full benefit.
Road bike at sunset

How to switch gear when you clock off

Team Maddern
26/Jun/2021
After a long day at work, many of us can be forgiven for bringing our stress home – whether it be frustration at a project that isn’t going to plan, a difficult client, a mountainous workload or a clash with a co-worker.
Tax Alert - June 2021

Tax Alert June 2021

Team Maddern
19/Jun/2021
The Government is continuing to support COVID-affected businesses by extending most of its pandemic inspired tax offsets and benefits. But at the same time the ATO has micro businesses like contractors who fail to declare all their income in its sights. Here’s a roundup of some of the key developments when it comes to tax.
Girl arms open celebrating on mountaintop

The financial rewards of optimism

Team Maddern
12/Jun/2021
If it wasn’t already clear, the past 12 months certainly cemented the fact that life has a habit of throwing us the occasional curveball. The reality is we all face challenges, however approaching life with a positive mindset can help us deal with any issues we may face and improve our lives in many ways.
hourglass

Counting down to June 30

Team Maddern
05/Jun/2021
It’s been a year of change like no other and that extends to tax and superannuation. As the end of the financial year approaches, now is a good time to check some new and not so new ways to reduce tax and boost your savings.