Tailored Private Wealth

Financial Planning Licensee Conference 2026
An honour to be speaking about my business and my 28 years of experience. Christchurch was absolutely beautiful!

We had the pleasure of sponsoring the Adelaide spectacular Ballroom dancing Championships over the weekend, making sure this skilled and glamorous sport thrives here in Adelaide.

Thankyou to Dance Gallery and my fabulous instructor Rhett English.

Beautiful Night of amazingly talented Dancers 💃🩷

SUPER RATES & THRESHOLDS

The ATO is expected to confirm the 2025-26 super rates and thresholds in March 2025.

Key points:

Concessional and non-concessional contributions caps remain at $30,000 and $120,000

Non-concessional cap (inc. bring forward rule) - TSB thresholds each increase by $100,000

General transfer balance cap increases from $1.9m to $2.0m

Super guarantee rate increases to 12% - maximum contribution base reduces to $62,500 per quarter

Executor of an estate?

Question:
Can the executor of a deceased person’s estate make a contribution to the deceased person’s super fund with the intention of claiming that contribution as a tax deduction?

Answer:
The executor can’t make the personal contribution on behalf of the deceased. The contribution would need to have been made before death.
However, if a contribution was made before the person died, the executor does have the ability to submit a Notice of Intent to claim a deduction on their behalf for the deceased’s final tax return.

Always get professional advice
We recommend Varga Lawyers for all your estate planning needs.
https://www.varga.com.au
https://www.facebook.com/vvargalawyers/

Varga Lawyers We are a South Australian law firm specialising in Wills, Estates and Estate Litigation, providing expert legal advice and representation from our offices in Adelaide and Modbury

Interest rates have been reduced by 0.25% down to 4.1% officially.
The big question is Will the banks pass it on?

Statement by the Reserve Bank Board: Monetary Policy Decision | Media Releases At its meeting today, the Board decided to lower the cash rate target to 4.10 per cent and the interest rate paid on Exchange Settlement balances to 4 per cent.

Newsflash
General transfer balance cap will increase to $2 million on 1 July 2025

The December quarter CPI figure of 139.4 released today confirms that the general transfer balance cap (currently $1.9 million) will increase to $2 million on 1 July 2025.

This increase means that clients commencing their first retirement phase income stream in 2025–26 will start with a personal transfer balance cap of $2 million. Clients who already have a personal transfer balance cap that they have not fully utilised at any time in the past will see their cap increase on 1 July 2025 by a smaller amount (than the general cap increase) due to proportional indexation. Further information about the general and personal transfer balance cap can be found in section 21 of the FirstTech Super and Retirement Income Streams Guide.

The increase in the general transfer balance cap also impacts other super rules and concessions in 2025–26 as follows:

•
A member’s total super balance at 30 June 2025 must be less than $2 million to access the standard non-concessional contributions cap. Note that the two lower total super balance thresholds that govern access to the non-concessional cap bring-forward rule in 2025–26 (currently $1.66 million and $1.78 million) are not yet known as they also depend on average weekly ordinary time earnings (AWOTE) data that will not be released until late February.

•
A member’s total super balance at 30 June 2025 must be less than $2 million to access the Government co-contribution.

•
For a client to receive a spouse contribution tax offset, the receiving spouse’s total super balance at 30 June 2025 must be less than $2 million.

•
The defined benefit income cap (currently $118,750) will increase to $125,000.

All the way from New York City 😍
Thankyou so much for the new office welcome flowers 🌷