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Seagrims in Port Augusta, South Australia, Australia | Financial service



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Seagrims

Locality: Port Augusta, South Australia, Australia

Phone: +61 1800 818 933



Address: 12 Marryatt Street 5700 Port Augusta, SA, Australia

Website: http://www.seagrims.com.au

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24.01.2022 The End of Financial Year is fast approaching, and there are some important changes you should be aware of: Opportunities to increase your super (rules and conditions apply): -You can make a tax-deductible contribution up to the $25,000 p.a.to your superannuation. If your income is under $53,564 p.a. you may also receive a bonus of up to $500. - You can make a spouse contribution, if their income is less than $40,000 p.a., and receive a tax rebate of up to $540.... - If you earn less than $37,000 p.a. contributions tax of 15% is rebated back to your super fund up to a maximum of $500. Changes to Retirement Income Streams: Account based pension minimum drawdown rates are halved for the 2019/2020 and 2020/2021 financial years. You can leave your existing pension payment as it currently is or decrease it to help preserve your capital. Centrelink Deeming Rate Changes: If you are income tested, you may have noticed a slight increase in your pension. This is due to a decrease in the deeming rates.



23.01.2022 To all of our wonderful clients, we hope this last week finds you well and your are getting used to a new and strange type of life without much human contact. In these unusual times we just need to be patient and ride out the storm. The lowest day in the sharemarket this year was on March 23rd and since then the markets have rebounded. However, we still remain cautious about the current situation and will be ensuring we know how all our funds are doing at this time. If you... are concerned, please do not hesitate to contact us. Stay healthy and happy.

20.01.2022 We would like to thank our clients for their continued support throughout this year, a year most of us will never forget. We will be closing our office from 12pm on Wednesday 23rd December and reopening on Wednesday 6th January 2021. If you have any questions over the break, please call the office. We would like to wish you and your families a lovely peaceful Christmas and New Year. Warm regards, ... Anne-Marie, Peter, Kristen, Anna, Tiana, Danielle, Mel and Mary See more

19.01.2022 Completing a Budget Planner can help you see where your money is going and how much you are saving. While some of you might be stuck at home, this might be a good task to tackle to make sure you are living within your means. Now more than ever, our household accounts are our biggest expenses, so we need to make sure we are putting something aside for them on a regular basis to ensure there are no surprises. The MoneySmart Budget Planner is fantastic for showing what portion of your funds goes towards different expenses such as household, health and entertainment. Knowing where you are now will help you get to where you want to be.



15.01.2022 A little positivity for your day. No matter what storms rage outside, we can still have joy

15.01.2022 About 8000 Aussies have been revealed to be taking part in a horrifying new form of abuse after they were blocked from social media

09.01.2022 If you have been financially affected by COVID-19, you may be eligible to access some of your superannuation early tax free. We encourage you to review the eligibility criteria very carefully and if you are unsure, please contact the ATO. The ATO will conduct regular reviews of the processed payments and will take action where people deliberately exploit the system (fines of up to $12,000 may be imposed).



08.01.2022 GOOD NEWS! We are back! The office is open, and we are here to help you with your financial planning needs. Have a nice day

07.01.2022 As we look back over the past few weeks and how much has changed in our day to day lives, we feel that going forward life might not be the same for many of us. But sometimes good comes from bad. It is incredible to see so much more kindness in the world. The recent events have made us all contemplate life and appreciate the smaller things, before life as we know it gets back to normal. From all of us at Seagrims, we would like to wish you a beautiful Easter! Stay safe! ...Warm Regards, Anne Marie, Peter, Kristen, Anna, Tiana, Danielle, Melissa & Mary See more

06.01.2022 As you might have heard "SA will go into a full lockdown for at least six days from midnight Wednesday night in a bid to nip the latest COVID19 wave in its bud." Our office will be shut until Wednesday 25th November. We will be working from home until then, and you can still reach us on 8642 6888 OR 1800 818 933. We will keep you updated when we know more. Stay safe

05.01.2022 Today in the mail we received hundreds of letters from Centrelink confirming that our retired clients have this week received the second stimulus package of $750. Now everyone, the idea is not to leave this money sitting in the bank. The Government wants you to go and spend it to help stimulate the economy. So if you have not been out for dinner for a while or bought someone you love a gift; then maybe go to the local small business and spend some of that money to help the...m to recover during the worst time in their lives. Shop locally and support the families who at this time are wondering if they will survive this once in a lifetime ordeal. We don’t know what lies ahead but if you are retired and living comfortably or have a good secure job then you are luckier than some. Let’s help get back on track and remember patience always rewards investors. Have a great weekend. See more

03.01.2022 Happy Birthday Mary From all of us at Seagrims



03.01.2022 Yesterday, the Reserve Bank of Australia (RBA) announced a package of measures to support the recovery of the Australian economy, by reducing the official cash rate target from 0.25 per cent to 0.1 per cent. Interest rates determine the cost of borrowing or lending money and are used to influence the rate of inflation and economic growth. But why do interest rates rise and fall, and how can they affect you? Who controls interest rates? The Reserve Bank of Australia (RBA) set...s the official cash rate, the interest rate that it charges on overnight loans to commercial banks. This cash rate affects all of us, because it has a flow on effect on financial products, such as savings accounts, term deposits, mortgages and personal loans. It also impacts the cost of funding for the banks. The RBA's objective is to promote a stable currency, full employment and economic prosperity, ensuring that price growth, or inflation, remains relatively low and stable. Its 'monetary policy' involves either raising the cash rate to try and slow the economy down, or lowering it to promote economic growth. The RBA's decisions are based on indicators including employment, inflation, gross domestic product, consumer and business confidence and the housing market. If the economy is growing too fast it can lead to high inflation, while weak economic growth can lead to unemployment, reduced incomes and lower living standards. Source Commonwealth Bank of Australia See more

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