Investment and remittance opportunities for SMSFs
Over the past few years, more and more Australians have been transferring their retirement savings into Self-Managed Superfunds (SMSF). The number of those who want to control their superannuation has long exceeded the million mark. There are advantages, for some, to be had with an SMSF. For starters, you have
Moving Funds from China to Purchase Property in Australia
Although Australia may seem remote and inaccessible to many, hundreds of thousands of migrants from around the world arrive in the continent every year. Moving to Australia offers the promise of economic stability, a high standard of living and a pleasant climate and natural beauty. One of the most active
Why do Australians buy Property Overseas ?
Home prices in Australia are skyrocketing, faced with an extremely competitive real estate market, many Australians have given up the dream of buying a home or put it off indefinitely while continuing to save for a deposit. But some resourceful cashed up real estate seekers have found a surprising way
Christmas is coming… Why it’s better to send money instead of gifts to family overseas.
With Christmas around the corner, it’s almost time to start thinking up gift ideas. But when you are buying for loved ones who live overseas, there’s more to consider when choosing the perfect present. Take the stress out of Christmas shopping On top of worrying whether or not
"A trick or a treat?": Transferring money overseas with your bank
If you thought monsters, goblins and ghosts were scary, have you ever transferred money overseas with your bank? Imagine losing up to 7.0% of your money to hidden fees and high exchange rate margins with no warning. Now THAT is terrifying. Australians who use their bank to transfer money
It’s Official: ACCC finds Australian banks are overcharging customers for international money transfers
A final report [https://www.accc.gov.au/system/files/Foreign%20currency%20conversion%20services%20inquiry%20-%20final%20report_0.PDF] from the ACCC found that Australian banks are charging customers millions too much for international currency services. The inquiry by the competition regulator determined that customers of the ‘big four’
Brexit Turmoil Pressures Pound: What it means for Aussies
After over two years of political impasse, the Brexit debate has well and truly heated up. Temperatures began rising again in August when British Prime Minister Boris Johnson pledged that the UK will leave the European Union on October 31st “no matter what”, greatly increasing the changes of a no-deal
Travelling to Japan for the Rugby World Cup? “Try” These Smart Money Tips
With the Rugby World Cup just a couple of weeks away, it’s time to dust off your Wallabies jersey and get ready for the big event. And if you’re lucky enough to be travelling to Japan to watch, then time is running out to get your affairs in