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Question and Answer 29th of February 2024

  • 1 mins

Mortgage or Super?

Neil from Scarborough writes. “I am trying to decide if I should put my extra cash into the mortgage or should I increase my salary sacrifice into super. Which one is best?”

 

Negative Gearing

Jarred from Busselton writes - I am a FIFO worker with an income of $200,000. I’d like to reduce my tax and am considering buying a negatively geared investment property. Is this the best way to reduce tax?

 

Living in a Boat

Kerry from Mandurah writes “I am considering selling my apartment and living for a period of time on my boat. Most of the time the boat will be moored at a Marina”.   I’d like to know how this will affect my age pension entitlement.

This email contains general and factual information and does not take into account anyone's individual objectives, financial situation, needs or tax circumstances. We strongly recommend you contact one of our Advisers if you would like personal advice.

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