Hudson Financial Planning has been providing trusted and professional advice since 1992. Our vision was to educate as many people as possible about their financial journey. Our core focus of empowering everyday Australians to make educated decisions has not changed.
We have a wide array of financial services that can help you in your journey towards financial freedom. We have a team of experienced financial advisers and professionals that can help you build a plan around your financial future.
At Hudson, we want to help people get ahead with their finances. We believe that the way to do that is through financial literacy. This is the core purpose of the Hudson Community – a platform for people to ask questions and learn from our financial advisers inside a learning environment with like-minded individuals.
Written by Ivan Fltecher – Senior Adviser If you were age 66 as of 1 July 2020 (ie age 67 by 1 July 2021), then this announcement has come a little too late as retrospectively you qualify under the extended legislation
Matt Paul started working for Hudson back in 1999. He is the longest standing Hudson employee. In fact, he is more like family than an employee. Matt has been through numerous changes within the industry and has added so much value to Hudson and to me as a friend, that for everyone who knows him,… View Article
Written by Hudson Adviser Ivan Fletcher Under relatively new legislation – Clients with a total superannuation balance below $500,000 can carry forward any unused concessional cap amounts for up to five financial years.
Written by George Lin/Senior Investment Manager CFS In April, a range of market developments as well as concerns about the safety of Coronavirus vaccines caused investors some apprehension as to the pace of immunisation and the strength of the global economic recovery.
Written by Aaron Alston – Financial Adviser Many people are living blissfully unaware that their superannuation death benefit may not be valid when they pass away. It is very important to review your nominations to ensure they are up to date.
Blog 4: Let’s take a look at healthy practices, including the importance of association My kids have been amused but not too critical, and mostly supportive of my mild obsession with health practices, possibly triggered by a heart attack and double bypass at age sixty. Superb attention to the problem by all concerned shamed me… View Article
Last night the Federal Government handed down the budget for the impending financial year, and it is predicting a reduction to the record deficit last year ($213 billion) down to $161 billion, suggesting Australia is “on the mend” after the effects of covid last year. This article will explore the significant changes and what it… View Article
Written by Michal Park – Senior Adviser This month I posed a question to my viewers who are retired – “what was the catalyst the led you to pull the trigger on retirement?”. I am finding more and more that we may all joke about being desperate to retire, however, when the time comes and we are financially able to retire, many of you just aren’t quite ready to pull the pin.
Written by Juanita Wrenn – Managing Director Investing in shares is more accessible than ever before, with major changes in technology making it easier to invest, more affordable to invest and an abundant amount of information and research at your fingertips. Given the volatile nature of the direct shares, it is not advisable to invest directly with under $50,000.
Written by Juanita Wrenn – Managing Director Investing directly in a property is a dream of many and definitely worth considering for individuals who have the capacity to invest, the cash flow to service and the time frame to hold a property. In the current climate, with historically low-interest rates, tight vacancy rates and a well known undersupply of quality housing, it makes sense to invest in bricks and mortar
Written by Kris Wrenn – Senior Financial Adviser In the investment world infrastructure is considered a sub-sector of the asset class that is Property. Historically property funds or the “property component” of say, a Balanced fund option, was predominantly invested in commercial premises, often just mirroring the AREITS index. Nowadays there are increasingly more infrastructure… View Article
Written by Ivan Fletcher – Senior Financial Adviser There are a few extra considerations in your tax planning this year that may be different to last year : The Age limit for contributions has been increased from age 65 to age 67. This can be particularly useful for large contributions and re-contribution strategies moving into… View Article
Tradition Stained Glass is a family-owned and operated business. At Tradition
Stained Glass we are very proud of our history and prominence within our
industry. As a third-generation designer, I believe our business has contributed
many quality pieces of art glass to our broad variety of customers, and will
continue to do so for years to come.
Written by George Lin/Senior Investment Manager CFS We’re starting to see the light at the end of the tunnel, writes Senior Investment Manager George Lin, but there’s a fascinating tug of war between markets and central banks on interest rates. Over the three months to 31 March, markets had a lot to focus on –… View Article
Written by Aaron Alston – Financial Adviser Recently, the Australia Prudential Regulation Authority (APRA) announced that it was concerned that life insurance companies have been keeping premiums at unsustainably low levels to compete for customers. APRA expects that with effect October 2021 life insurance companies will offer new income protection contacts.
Written by Michal Park – Senior Adviser In the past few months, I have had two Hudson clients reveal their experiences with scams. In both cases, my clients thought they were handing money over to legitimate financial businesses – unfortunately, only one of these clients ended up getting all of her funds back. One client… View Article
Written by George Lin/Senior Investment Manager CFS Ongoing vaccination rollouts, company reporting season results and a social media frenzy were some of the key drivers behind a busy month for financial markets. However, perhaps the biggest driver behind markets can be linked to rising bond yields. Improving Coronavirus developments, better-than-expected economic data and vaccination programs… View Article
Written by Former Hudson Report Editor Hayley McLeod Two years ago, my 58-year-old father was diagnosed with early onset Alzheimer’s. This came as quite a shock to my sister and I and left us both wondering how to care for his future needs. I have a young family of my own and the thought of… View Article
Written by Kris Wrenn – Senior Adviser It looks as though the Superannuation Guarantee (SG) is finally going to go to 12% (by 2025 that is). I say finally because this change was legislated several years ago, but then “frozen” for the last 7 years, some would say unfortunately so. Until now that is, with… View Article
Written By Ivan Fletcher – Senior Adviser As we approach the end of the tax year it’s time to start thinking about superannuation strategies that you can use to your advantage. This first one is what I call a ‘free hit’. Target Market – Low to Moderate income earners (income between $39,837 and $54,837) The… View Article
Written by Aaron Alston – Financial Adviser According to the Association of Superannuation Funds of Australia (AFSA) the retirement guidelines are outlined below. AFSA Retirement Standard Annual Living Costs Weekly Living Costs Couple – modest $40, 739 $780 Couple – comfortable $62, 562 $1, 198 Single – modest $28, 179 $540 Single – comfortable $44,… View Article
Written by Michal Park – Senior Adviser Remember when the Reserve Bank of Australia came out and said interest rates would not rise until 2024? Well, that was before Property markets went absolutely ballistic. The latest Core Logic data reveals home values swelled by 2.1% in February, the strongest month-on-month change in more than 17 years…. View Article
30th June will be here before you know it! We want to help you get the most out of the upcoming months. Working with Hudson accounting partners: Pilot Partners, alongside your financial adviser, you will benefit from our coordinated advice. Your right hand always knows what your left hand is doing when your accountant and financial… View Article
Written by Michal Park – Senior Adviser I recently had the brand new experience (for me anyway) of engaging a Property Buyers Agent to assist with the purchase of real estate. Property Agents are really gaining traction and for all the right reasons. I have friends who would never buy without using one. In fact,… View Article
Written by Ivan Fletcher – Senior Adviser 1. Not setting financial goals It’s important to set achievable goals for the short and long term and set a budget to achieve them.Short term goals may require saving cash – example a car purchase in 1-2 years.Longer Term Goals (5 years plus) may involve investing in the… View Article
This article extract was featured on Broadsheet, published on 23 February 2021 and written by Thomas Telegramma. Picture greenery the length of your lockdown radius (and then some) crawling around a new $2 billion riverside skyscraper. Across two twisting spines, it will also house a five-star inner-city resort, a rooftop “sky garden”, public green spaces,… View Article
Hudson Financial Planning would like to introduce one of our clients Grahame Lloyd. It’s Hudson’s very own Good News Story. Read about Grahame’s journey with Sea Shepherd below. It’s very inspiring, in fact, it’s inspired our very own Michal Park, Hudson Senior Adviser, to join Grahame on the 7th March to help clean up Kirra… View Article
It’s a big one this time, loads of great stuff to talk about! We are so grateful to the team at Hudson Financial Planning. This year, the Rainforest Rescue team are feeling more confident than ever before in our ability to protect the unprotected Daintree lowland rainforest. The reason we feel so empowered is because… View Article
Written by Aaron Alston – Financial Adviser There are potential tax implications for a policyholder or family member as a result of a successful claim on Life and TPD Insurance. LIFE INSURANCE Life Insurance funded personally: If a Life Insurance benefit is personally owned the lump sum payout from a Life Insurance policy is tax… View Article
Written By Kris Wrenn – Senior Adviser As the New Year gets fully underway I thought it a good time to break down the various asset classes and consider both the “story” of 2020 and the recent changes we’ve seen, and just as importantly, what may be in store for 2021. As has and perhaps… View Article
An extract from Senior Investment Manager; George Lim – Colonial First State Investments shares his outlook for the year ahead. Needless to say, 2020 was an eventful year. So, what’s next? ECONOMICS After suffering a sharp decline in Gross Domestic Product (GDP) in 2020, we anticipate the global economy will continue to recover in 2021… View Article
A friend of mine held a Trauma/Critical Illness Insurance policy for over 10 years. As her policy reached the anniversary date the annual premium had increased, so after consulting her husband she made the decision to cancel the policy because they thought it was a waste of money. Sadly a few short months later, she… View Article
Late last year I embarked upon a very exciting journey; a plan to build my future home with Hudson’s new property partners DCM / Roonsleigh. We introduced DCM / Roonsleigh in a previous Hudson report but please click here if you didn’t see it. Over the next few months I plan to provide regular updates… View Article
Years of historically low interest rates and anticipated appreciating share and property markets presents the perfect opportunity to rehash the following ‘after tax return’ formula to determine what to do with surplus cashflow. Please note: this only takes into account the financial perspective – it does not look at other psychological factors that impact investing…. View Article
The Victorian Government announced a raft of measures making it more affordable to purchase property this financial year. This is great news for owner occupiers and even more so for investors. In its push for a speedy economic recovery after the COVID-19 lockdowns, the big-spending budget will focus on infrastructure, with almost $20 billion ($19.6… View Article
In it’s simplicity, this rule which was legislated to be operational from 1 July 2018 allows retirees (above age 65) who downsize their home to contribute the surplus funds to superannuation that were not previously possible. The most Critical Criteria The contribution must go into super within 90 days of the property settlement. Other Criteria… View Article
Due to tax concessions afforded to funds held in superannuation, there have been limits placed on the amounts per financial year that may be contributed to superannuation. These caps apply to the tax definition of the contribution. There are essentially two categories for contributions applicable to your circumstance: Concessional contributions; andNon-concessional contributions. Concessional Contributions – $25,000 … View Article
I have explained in previous articles about how you should try to avoid behavourial biases when it comes to investing in the share market. It is hard; after all by definition it is in our nature. Every now and again however I think we need a wake up call to make sure you are not… View Article
Historically, salary sacrifice (via your employer) was the only way to tax effectively boost your super whilst reducing your own taxable income at the same time. Under Legislation enacted as of 1 July 2017, personal contributions (funded from personal accounts) may now also be classified as ‘Concessional’ allowing for a tax deduction in your personal… View Article
You would be forgiven for thinking there will never be tax on your retirement pensions after age 60, but this is far from guaranteed (especially for any non-spousal beneficiaries in your estate planning). “Re-contribution” is a strategy whereby you withdraw a large Lump Sum from heavily weighted ‘Taxable’ component in your existing super/ pension balance… View Article
There are 2 very unrelated Superannuation Strategies around Superannuation and your spouse. SPOUSE CONTRIBUTIONS REBATE SUPER SPLITTING (TO YOUR SPOUSE) 1. Spouse Contribution Rates Focus – of this strategy is on reducing tax for the higher-earning spouse. In recent years the rules changed making this strategy more viable for more couples. In the scenario where… View Article
Compounding your returns is nothing new to investing; it is a basic “tool” and if like me, you had a love of maths as a child, you may even remember studying it at school. Albert Einstein called it the most powerful force in the universe. Compounding is the process whereby returns are reinvested so that… View Article
Everyone over the age of 18 that has any assets should have a will. If you have any form of estate to pass on, then it should be you that decides exactly where and to whom these assets pass, not the government. If you die without a will, or “intestate”, the implications may come as… View Article
Australia began recording housing statistics in 1880 and in that time on a national scale there have been ten property cycles, where we transition from a peak, to a downturn, to a trough, to an upturn and back to a peak. It goes without saying that generally speaking the magnitude of the upturns tend to… View Article
Every generation thinks life will be different – and of course, each one is right – but when it comes to planning for the future, while we’re young we have a habit of thinking there is still plenty of time. After all, when you’re in your mid-thirties or even early forties, retirement is still decades… View Article
I was asked by a Hudson member this week whether they should seek to gradually convert their property portfolio to being positively geared, so as to generate a passive income for them in retirement. This is a good question and an important consideration for anyone with an investment property portfolio. There will always be the… View Article
Where life insurance is about dying, trauma insurance is about surviving. Ever improving medical advances has meant that more and more Australians are surviving serious medical incidents such as cancer, heart attacks and strokes. While the chance of making a medical recovery is always rising, the chance of making a financial recovery remains the same…. View Article
Happy Trees. The rainforest seedlings on NightWings are happy, and lots are all grown up! Despite the extremely dry conditions on this 15-hectare regeneration project, some older trees are now 3 m wide (foliage extended) x 4 m high, and younger plantings are eagerly awaiting the rains as our team provides on the ground support to help… View Article
Employers to find existing Supers – Historically when a person starts a new job they often sign up to whatever Super fund the employer uses. This has meant people often “accumulate” Super funds, and this means extra FEES. It also often means multiple insurance policies, some of which (income protection) will not both pay out, so… View Article
Following on from last month’s Hudson Report, where we introduced the concept of using a buyer’s agent to assist with the purchase of property, please read below to learn more about our partnership with Simon Clarke of Universal Buyers Agents in Brisbane as well as just one example of what he has recently achieved for… View Article
The leap from Renter to Home owner may be a smaller step than you think. There are generally 2 ‘financial’ hurdles to buying your first home but they might not be as burdensome as you think. The two financial hurdles to buying your first home are: Cash Flow to afford the Loan Repayments Saving Up… View Article
Most of you will know that a gain made on the sale of a Principle Place of Residence is exempt from capital gains tax. However the waters are muddied if you have rented the property for a certain period of time, or if has been used to produce an income. In this article I will… View Article
Purchasing property can be difficult! Enquiring about property online only to be advised that is has already been snapped up, or putting in an offer that is nowhere near the final sale price can be frustrating and disheartening. A Buyers Agent/Advocate offers another way to purchase whilst avoiding these issues. A Buyers Agent is simply… View Article
DCM and Roonsleigh are a quality Design and Construction team that can help our members, or their friends/family, achieve any of the following: Unit, Townhouse or House construction – pre-designed or custom designed. This can be investment or PPR. This can include the sourcing of land if need be. From initial blueprints to council approvals…. View Article
All of our members will be very familiar with The Hopkins Group (THG). Working successfully with Hudson for over 20 years many members have increased their property portfolios across Melbourne, Sydney and Brisbane through our partnership. Hope you enjoy the article written by THG. Click here to read more about The Hopkins Group. In Melbourne, 124 homes… View Article
I think we can all agree that 2020 has been a year of change and a year of impact. Hudson has navigated its way through the last six months and after four months of working from home, we have opened the office again. Like the rest of the world, we have had plenty of time… View Article
Specific Property is pleased to announce a new and exciting offering not previously available to Hudson Financial Planning clients. We have developed a team of property professionals who will assist Hudson clients through the process of designing and building residential property to more closely meet the individual property needs of those clients. Initially this offer… View Article