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Hudson News

Extension Of Non-Concessional 3 Year Bring-Forward Rule – Finally Passes

Extension Of Non-Concessional 3 Year Bring-Forward Rule – Finally Passes

23 June 2021
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
Hudson Staff Feature: Matt Paul’s Story

Hudson Staff Feature: Matt Paul’s Story

28 May 2021
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
Rainforest Update

Rainforest Update

27 May 2021
Here are a few pix of our Tree Planting event recently in the Daintree. Wish you were there! It was an extremely emotional and significant weekend.
Catch-up (Carry Forward) Unused Concessional Contributions

Catch-up (Carry Forward) Unused Concessional Contributions

27 May 2021
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.
Monthly Wrap Up – April 2021

Monthly Wrap Up – April 2021

25 May 2021
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.
Is Your Death Nomination In Super Up To Date?

Is Your Death Nomination In Super Up To Date?

25 May 2021
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.
Meet Ken, our latest addition to our Hudson Family of Bloggers

Meet Ken, our latest addition to our Hudson Family of Bloggers

14 May 2021
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
Adviser Brief on the Budget for the 21/22 financial year

Adviser Brief on the Budget for the 21/22 financial year

12 May 2021
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
You Have The Money – Why Aren’t You Retired?

You Have The Money – Why Aren’t You Retired?

11 May 2021
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.
Investing in Shares

Investing in Shares

6 May 2021
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.
A Look At Investing In Property, Is LMI Really That Bad?

A Look At Investing In Property, Is LMI Really That Bad?

29 April 2021
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
Why Invest In Infrastructure?

Why Invest In Infrastructure?

28 April 2021
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
30 June – Superannuation Strategy Checklist

30 June – Superannuation Strategy Checklist

28 April 2021
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
Business Showcase – TSG Artists in Glass

Business Showcase – TSG Artists in Glass

28 April 2021
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.
Quarterly Wrap Up – March 2021

Quarterly Wrap Up – March 2021

27 April 2021
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
Review Your Income Protection Insurance Before It’s Too Late!

Review Your Income Protection Insurance Before It’s Too Late!

23 April 2021
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.
Scammers

Scammers

16 April 2021
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
Monthly Wrap February 2021

Monthly Wrap February 2021

29 March 2021
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
Transitioning to Aged Care – Hayley McLeod

Transitioning to Aged Care – Hayley McLeod

28 March 2021
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
Increases To Compulsory Super Contributions

Increases To Compulsory Super Contributions

26 March 2021
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
Government  Co-Contribution Scheme  2021

Government Co-Contribution Scheme 2021

26 March 2021
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
Am I On Track To Living A Comfortable Retirement?

Am I On Track To Living A Comfortable Retirement?

26 March 2021
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
Are Interest Rates About To Rise?

Are Interest Rates About To Rise?

26 March 2021
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
Hudson Financial Accounting Partners

Hudson Financial Accounting Partners

25 March 2021
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
Top 5 Reasons For Engaging A Property Buyers Agent

Top 5 Reasons For Engaging A Property Buyers Agent

24 February 2021
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
Common Mistakes By New Investors

Common Mistakes By New Investors

24 February 2021
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
A Lush, 5.5-Kilometre Vertical Garden – One Of The World’s Tallest – Is Planned For Melbourne

A Lush, 5.5-Kilometre Vertical Garden – One Of The World’s Tallest – Is Planned For Melbourne

23 February 2021
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
Good News Story Featuring Grahame Lloyd

Good News Story Featuring Grahame Lloyd

23 February 2021
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
Hudson Financial Planning’s January/February 2021 Rainforest Rescue Impact Update

Hudson Financial Planning’s January/February 2021 Rainforest Rescue Impact Update

23 February 2021
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
Tax Implications For Life And TPD Insurance

Tax Implications For Life And TPD Insurance

19 February 2021
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
Breakdown Of The Asset Classes

Breakdown Of The Asset Classes

18 February 2021
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
Hudson HaHa

Hudson HaHa

15 February 2021
The Road Ahead – An Outlook For 2021

The Road Ahead – An Outlook For 2021

29 January 2021
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
Trauma/Critical Illness Insurance Case Study (The Importance Of Protecting Your Wealth)

Trauma/Critical Illness Insurance Case Study (The Importance Of Protecting Your Wealth)

28 January 2021
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
Building With Hudson’s New Property Partner DCM / Roonsleigh

Building With Hudson’s New Property Partner DCM / Roonsleigh

22 January 2021
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
Debt Reduction Or Investment?

Debt Reduction Or Investment?

22 January 2021
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
Hudson HaHa

Hudson HaHa

20 January 2021
Stamp Duty Discounts, Infrastructure Blitz Coming To Melbourne – Now Is A Great Time To Purchase An Investment Property

Stamp Duty Discounts, Infrastructure Blitz Coming To Melbourne – Now Is A Great Time To Purchase An Investment Property

22 December 2020
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
What Retiree’s Need To Know About Superannuation Contributions For Home Downsizing

What Retiree’s Need To Know About Superannuation Contributions For Home Downsizing

15 December 2020
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
How To Understand The Maximum Taxation Limit Caps Contributed Towards Your Superannuation

How To Understand The Maximum Taxation Limit Caps Contributed Towards Your Superannuation

15 December 2020
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
Investment Tips – Being True To Yourself

Investment Tips – Being True To Yourself

15 December 2020
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
How To Make The Most Of Tax Deductions With Your Personal Superannuation Contributions

How To Make The Most Of Tax Deductions With Your Personal Superannuation Contributions

15 December 2020
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
How To Effectively Protect Your Tax After Age 60 Through A Superannuation Re-Contribution Strategy

How To Effectively Protect Your Tax After Age 60 Through A Superannuation Re-Contribution Strategy

15 December 2020
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
Out Performing Superannuation Strategies For Your Spouse

Out Performing Superannuation Strategies For Your Spouse

15 December 2020
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
Hudson HaHa

Hudson HaHa

14 December 2020
Compounding From Reinvesting Returns

Compounding From Reinvesting Returns

11 December 2020
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
Implications Of Dying Without A Will

Implications Of Dying Without A Will

4 December 2020
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
What Drives A Property Cycle Within Australia?

What Drives A Property Cycle Within Australia?

1 December 2020
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
Financial Planning Across The Generations

Financial Planning Across The Generations

1 December 2020
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
Dear Adviser Question – Should I Make My Properties Positively Geared?

Dear Adviser Question – Should I Make My Properties Positively Geared?

1 December 2020
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
Surviving Trauma – The Right Insurance To Have In Place

Surviving Trauma – The Right Insurance To Have In Place

24 November 2020
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
Hudson Financial Planning’s Rainforest Rescue Impact Update: October 2020

Hudson Financial Planning’s Rainforest Rescue Impact Update: October 2020

30 October 2020
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
Budget Changes To Superannuation

Budget Changes To Superannuation

19 October 2020
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
Introducing Simon Clarke

Introducing Simon Clarke

25 September 2020
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
Narrowing The Leap From Renter To Home Owner

Narrowing The Leap From Renter To Home Owner

25 September 2020
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
Capital Gains Considerations When Converting From Home To Investment Property

Capital Gains Considerations When Converting From Home To Investment Property

25 September 2020
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
What Is A Buyers Agent / Advocate?

What Is A Buyers Agent / Advocate?

28 August 2020
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
New Build Opportunity Through Hudson For QLD

New Build Opportunity Through Hudson For QLD

28 August 2020
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
The Latest On Melbourne’s Property Market

The Latest On Melbourne’s Property Market

26 August 2020
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
Expansion Of Hudson Finance Provides New Benefits

Expansion Of Hudson Finance Provides New Benefits

23 July 2020
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
Exciting And Unique New Property Offering At Specific Property

Exciting And Unique New Property Offering At Specific Property

9 March 2020
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