Getting Married| Buying your first home | Becoming a Parent | Educating the kids | Buying An Investment Property| Getting Divorced | A Sudden Windfall | Becoming Your Own Boss | Redundancy | Wealth Creation| Estate Planning | Retirement | Social Security | Superannuation  | Self Managed Super Funds |

Our name encapsulates who we are and what we stand for:

Life - Life is for Living!  Make it what you want it to be!

Balance - If there is balance in the various aspects of our life then in turn we feel fulfilled (work, leisure, financial security, family, health or spiritual well-being).

Financial - Make the most of your present financial situation and plan for your future wealth and security. 

Determine - how you are travelling financially & ensure your tax affairs are in order to maximise benefits by seeking sound accounting advice.

Every single person at "Life Balance" is highly trained, self-motivated and have undertaken further education for their personal and professional development, but also to better the services we provide to you. 

We consider ourselves a working "family" with a healthy respect for each other and our talents. 

You, our client, are a real person to us with your own goals and desires for your life. 

It is our aim to provide you with professional advice and services to help you to achieve Balance in your life.

The aim of our practice is to provide quality advice relevant to your situation and make recommendations that are consistent with your personal needs and objectives. 

Nobody knows you, like you do, so it is vital that our advisers find out exactly what your lifestyle and future wealth aspirations are so that you can achieve the balance in life that you desire.

TRANSITION TO RETIREMENT - a simple reorganisation of your finances and superannuation could save you thousands.  Putting a Transition to Retirement strategy in place could really put you ahead.  read more....
     

INVESTMENT NEWS STOP  


Helping households to make ends meet

The spending power of Australian households has increased over the term of this Government. From 1 July 2010, working Australians will benefit from tax cuts for the third consecutive year under this Government. This is in addition to increased Government assistance for working families for the costs of education, child care and dental care. Older Australians will continue to benefit from this Government's substantial increases to the Age Pension and the Pension Supplement.

Projected improvement in the real disposable incomes and the net tax thresholds of different household types from 2007‑08 to 2010‑11

  • AWOTE is average weekly ordinary time earnings for full‑time employees.

  • Disposable income is the sum of private income and government cash transfers less net tax paid.

  • The net tax threshold is the private income at which taxes paid exceed cash benefits received.

  • Families with children have two, aged 3 and 8 years. Families spend enough on eligible education expenses to claim the maximum Education Tax Refund in respect of the 8 year old, where eligible.

  • Younger child is in long day care, two days per week at $5.70 per hour in 2007‑08 and $6.90 per hour in 2010‑11; older child is not in paid care. For the calculation of net tax thresholds, the hours of care are consistent with the income of the second earner.

  • Younger child is in long day care, four days per week at $5.70 per hour in 2007‑08 and $6.90 per hour in 2010‑11; older child is not in paid care. For the calculation of net tax thresholds, the hours of care are consistent with the income of the second earner.

  • Younger child is in long day care, five days per week at $5.70 per hour in 2007‑08 and $6.90 per hour in 2010‑11; older child is not in paid care. For the calculation of net tax thresholds, the hours of care are consistent with the income of the second earner.

 

What to consider next  -  Call Kym or Tony at Life Balance Financial Professionals on 07 3846 1644.  

The information contained in this document is based on the understanding Colonial First State Investments Limited ABN 98 002 348 352 AFS Licence 232468 has of the relevant Australian laws as at 1 July 2008. This document is not advice and is intended to provide general information only. It does not take into account your individual needs, objectives or personal circumstances. You should assess whether the information is appropriate for you and consider talking to a financial adviser before making an investment decision. Product Disclosure Statements (PDS) for products offered by Colonial First State are available from colonialfirststate.com.au or by contacting us on 13 13 36. You should read the relevant PDS and consider whether the product is right for you. Past performance and awards is no indication of future performance.


 Shopping   Dining

West End True Local Restaurant Guide 
West End True Local Direct Public Food Outlets
 
West End Factory
Outlets Shopping.com
 
Visit Southbank.com 
Our Brisbane.com Shopping Centres and Precincts    

While you are in the area take the opportunity to visit some of the local direct to the public food outlets and local restaurants.

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Life Balance Financial Professionals Pty Ltd provides a diverse range of financial services: financial planning, personal insurance, accounting, auditing.
Life Balance Financial Professionals Pty Ltd is the holder of an Australian Financial Services Licence (ASIC Licence No. 293030) under which financial planning advice is given.





Transition To Retirement

A simple reorganisation of your finances and superannuation could save you thousands. Putting a Transition to Retirement strategy in place could really put you ahead. 

If you are between age 55 and 75, the benefits can include:

Boost your super before retirement -
 With this option, you can continue to work full time and still commence a pension.

Scale back your working hours and earn the same income - During uncertain times you may decide not to retire fully, and this option may help.  These benefits can add up to a better lifestyle now and a better super balance at retirement.

How it works -
  From preservation age (55 for many people), you are able to access your super as a regular income through a transition to retirement pension, even if you are still working. 

This pension income generally attracts less tax (and is tax free after age 60) than income through work, so can be used to supplement or even replace your income.  It allows you to work less hours and still have the same income to play with.  A transition to retirement pension can be even more powerful if combined with salary sacrifice whilst you are still working. Because your salary sacrifice contributions are taxed at a lesser rate when they go into your super, you can direct your work income into your super and replace it with a transition to retirement pension. 

This could mean being substantially better off in retirement without compromising your lifestyle now. 

Making the right choices is crucial. 
You need to set up your super and salary arrangement in exactly the right way to make the most of a transition to retirement strategy.  And of course everyone benefits differently depending on their personal financial circumstances.


UNDERSTANDING INSURANCE -

PROTECTING YOUR WAY OF LIFE

 

Types of Protection

Term Life -  Pays a lump sum upon death or terminal illness. If you have financial dependents or do not wish to burden others with any debt left behind.

Total & Permanent Disability (TPD) - Provides a lump sum if you are unable to work in your own or similar occupation again, due to illness or injury. If you have ongoing financial commitments that could not be met if you were unable to ever return to work.

Income Protection - Designed to replace your income if you are unable to work due to sickness or injury.  If you have dependents, if you are the primary income earner in the family, or if you could not afford to be without income for an extended period.

 

Trauma Cover - Provides a lump sum in the event of an injury or sickness as defined in the policy (eg cancer, heart attack, stroke).  If you have insufficient capital to pay for medical attention, have financial dependents or do not wish to financially burden others if you suffer a serious illness.

 

Business Expense Cover - Cover ongoing expenses of your business, such as rent, salaries, and electricity, while the primary income generator is unable to work due to sickness or injury.  If you are the primary income generator in a small business, or if you are self employed.

 
What to do next -  If you want us to help you review your options, contact us today.