South City Brokers in Yokine, Western Australia | Financial planner

South City Brokers

Locality: Yokine, Western Australia

Phone: +61 8 9344 2833

Address: 37 Blythe Avenue 6060 Yokine, WA, Australia

Website: http://southcitybrokers.com.au

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25.01.2022 "Family Trusts and Why Wealthy People Have Them" We all want to know the secrets of the wealthy. Every business owner should consider using a family trust. You may be asking yourself what we mean by this. To learn more, check out the link below to our short video which provides a quick explanation of the benefits and features of these trusts.... http://us3.forward-to-friend.com/forward/show

25.01.2022 Many working Australians or Australians who used to work have insurance of which they are unaware. This can be a huge relief if ever something goes wrong and you cannot work. If you or someone you know has become unable to work, then this article is a must-read. And if you think you might need help with a claim, please make sure you contact us. Read our full article here:

24.01.2022 The spotlight was on Steven Kerbel from South City Brokers who is our resident Financial Planner. Steve explained the importance and peace of mind you have when... you plan for the future. His experienced team who are based in Yokine have been looking after our group members for many years and come highly recommended as Financial Planners you can trust. To find out more visit their website https://southcitybrokers.com.au/ See more

23.01.2022 I have been invited to an exclusive Q&A session with Joe Davis, Global Economist Vanguard. Feel free to post any burning, questions you might have for one of the Smartest people at Vanguard.

22.01.2022 In property investing positive gearing is where the rent received exceeds the interest on money borrowed to finance the purchase. You often hear about positive gearing especially from people with a property they want you to buy! But is positive cash flow property actually worth pursuing? The answer depends on what is creating the positive cash flow situation. Sometimes, these factors combine to make positive gearing a wonderful way to reduce risk. But at other times, the factors creating the positive gearing can make an investment very risky indeed. This article shows you how to tell the difference. Read our full article here:

21.01.2022 Many clients have questioned whether they need to update their trust deeds based on marketing emails they received from third party accounting and legal firms. Our trusted Lawyer's response was the following: "It’s all just marketing. [Our] deeds already accommodate the super law changes because the terms are so broad to cover the changes." Our clients' deeds already accommodate the super law changes but we are not advising on every reader's trust deed.... Nice to know our clients can "save" $200 this year.

20.01.2022 This article is a must-read for any business owner thinking about travel. Claiming a tax deduction for travel costs can make a huge difference to the effective cost of that travel. The Australian Taxation Office’s general position is that the cost of travel is tax deductible to the extent that the travel relates to the business' purpose of deriving assessable income from an existing business activity. A business can't claim costs for travel related to speculative business activities that you have not yet entered. But travel that relates to work that your business is already doing will usually be fine. Read in full here: http://www.southcitybrokers.com.au//business-owners-deduc/

20.01.2022 Did you know that the share market has produced a 20% return in the last 12 months? It has seeming without too many people noticing. You can read all about it in our April newsletter, which also contains an update on the residential property market and three separate articles on different aspects of debt and its effective management. Read our full article here:

19.01.2022 I love this simple savings tool. In the "old days" we used to have a jar that we put change into. Now we have smarty pig. In a world where change is so rapid, this gives us "oldies" a sense of nastalgia while allowing the next generation to learn and have a bit of fun and at the same time learn about delayed gratification. Remember the days when we used to have to actually wait for things.

19.01.2022 Great Q+A from two of my colleagues - feel free to contact me for more details. Does anyone know how ones Centrelink entitlements (aged pension) gets affected if they were to take out a lump sum reverse mortgage? I cannot answer your question directly but if your client gets part Age Pension maybe you could look at the Centrelink Pension Loans Scheme as an alternative to a regular RM

19.01.2022 There is a saying in business that the best time to plant a tree was always ten years ago. But there is an even better saying in philosophy: the meaning of life is to plant trees that someone else will sit under in the future. http://www.southcitybrokers.com.au//02/23/home-every-child/

16.01.2022 "If you watch the financial news, you will often see reference to the median house price. But what is the median house price?" Check out our article below to find the answer, as well as explanations to other financial terms that you may have thought to be 'gibberish' up until now. Hope everyone has a good weekend!... www.southcitybrokers.com.au//what-is-a-median-house-price-

11.01.2022 Hi, I was reading this article and just had to share it. I love the way Vanguard handles supposed facts - with a healthy dose of skeptism. Enjoy this light but highly informative reading. Steve https://www.vanguardinvestments.com.au//dont-be-fooled-by-

08.01.2022 For those of us in Perth, hang in there. It is darkest (and coldest) just before dawn.

06.01.2022 This is a great article about how the cost of investing changes the fictitious "zero sum game". https://www.vanguardinvestments.com.au///tennis-chess.jsp

04.01.2022 Steven Kerbel wrote:There have been a lot of Budget publications, and the newspapers are full of great summaries. Instead of re-hashing what has been said I thought I might add my personal take. I have heard my wealthier clients talk about this being an "un-liberal" budget. I have heard my clients relying on government assistance saying that this is crippling. While not everyone can be satisfied, I for one, like the rhetoric. I like the fact that the government is reducing sp...ending in certain key areas of medical and education. It is time for us ordinary folk to start applying some common sense to seeing the GP. Just yesterday my son wanted to come home from school. Mum is away so I was the one they called. I told him to toughen up and call me if it got any worse. I cancelled the Dr's appointment for this morning because he made a miraculous recovery overnight. How often do we run to the GP just in case it is something serious. I agree with one of the commentator's summations ... he said that we have become a nation of hypochondriacs. As for the rest...well 2% extra tax isn't the end of the world is it? By my estimation, those earning over $180,000 will lose a single overseas holiday over 3 years. And as for those under the age of 25 that are not working...get a job. Stop playing games and doing drugs. Stop binge drinking ... and yes some might say that is hypocritical. As always, this is not financial advice ... just the ramblings of a 42 year old with too much time on his hands this morning. See more

02.01.2022 Super contributions are a legitimate expense of a business. As long as the business uses a company structure, it can even borrow to make contributions on behalf of all of the staff including the company directors. This can create a nice little tax saving that might not otherwise be possible. Read our full article here:

02.01.2022 Loved this insight from Vanguard - inbox me if you want the article. "An ageing population means slower labour-force growth. And workers' hourly output is increasing more slowly a rate of 1.6% per year in the 1980s, about 1% today. (That's not bad! Before 1700, Europe experienced no productivity growth. As a result, a farmer born in the 14th century had the same standard of living as his great-great-great-grandson born in the 17th, though the latter did have Shakespeare.)1"