Today’s edition of the Financial Review (Page 57)has a half page advertisement (expensive) from Henry Kaye “Australia’s Leading Property Investment Presenter” saying that he has had enough of being misrepresented by his critics and it is time to speak out. He goes on to say that he has never been given a FAIR GO by the media and how he educates…[Read more]
I too have been wondering this recently given the poor performance of super funds. I currently salary sacrifice $170 per fortnight ($4,420p.a.) to an employer super fund and have just cancelled this and instead redirected these fund towards the outstanding balance on my PPOR mortgage. This will effectively guarantee me a return of 6.5% tax…[Read more]
Link to the ATO web site with an example of how depreciation affects the cost base for CGT purposes.