Author: Riches Editor
Welcome to Riches Talk! In today’s episode, we’re thrilled to host Rob Mark, a seasoned tennis professional with over 30 years of international experience as a coach, player, and manager. Rob has coached at some of the world’s most prestigious tennis clubs and has played alongside legends like Boris Becker and Rod Laver. With a profound understanding of both the physical and mental aspects of tennis, Rob will share insights on how the principles of tennis can help us achieve our personal best—both on and off the court. We love hearing from our readers! Please send us your questions, feedback…
Experts often caution about the significance of staying within your annual super contribution limits, but it’s less common to hear about the consequences of exceeding them. The most important thing is to remain calm. To help you understand what to expect if you do exceed your contribution cap, we have put together a simple explainer. What are the super contributions caps? Due to the substantial tax advantages of keeping your retirement savings within the super system, the government has established annual caps or limits on the amount of both concessional (pre-tax) and non-concessional (post-tax) contributions you can make to your super…
Today, we have the pleasure of speaking with Sloan Wilkins, a dedicated financial coach and AGSM Executive MBA graduate with 30 years of financial services experience. From enduring financial hardship as a child to becoming a beacon of financial empowerment, Sloan has guided many through their financial struggles. His journey from financial planner to coach exemplifies his deep passion for helping people build confidence and win with money.. We love hearing from our readers! Please send us your questions, feedback or interest topic by clicking here. Author Profile: Jeffrey Liu, JP, is the founder and principal adviser of Hippo Insurance (aka:…
Introduction Building a retirement investment portfolio requires a shift in mindset compared to saving for retirement. During your working years, you contribute steadily to your superannuation, allowing it to grow. In retirement, this reverses: your superannuation becomes a source of regular income, and you depend on investment returns to maintain your balance. This phase, known as wealth drawdown, can last as long as the accumulation phase—potentially up to 30 years. Key Considerations for a Retirement Portfolio 1. Start with Income Needs Begin by assessing how much income you’ll need in retirement. Break your expenses into two categories: This categorization helps…
Welcome to Riches Talk! Today, we have the pleasure of welcoming Shelly Sun, a powerhouse in the legal industry and the founder and principal solicitor at Sunsolis Legal. Shelly’s influence extends beyond her legal expertise; she’s a leader in community service as President of her local Lions Club, championing community initiatives and leadership. We’ll explore Shelly’s journey in law, her community-driven philosophy, and how she balances a thriving career with impactful community work. Prepare for an inspiring conversation on dedication, leadership, and community service. We love hearing from our readers! Please send us your questions, feedback or interest topic by…
October 16, 2024 — Sydney, Australia The Hippo Wealth & Health Forum 2024, an inspiring and knowledge-rich event, unfolded on 16th October 2024 at Grosvenor Place in Sydney, marking a pivotal moment in uniting influential professionals and thought leaders across the wealth, health, and business sectors. Hosted by Jeffrey Liu, Founder of Hippo Wealth & Hippo Insurance (www.hippoinsurance.com.au), and supported by esteemed sponsors including Riches Review, Bupa, Ord Minnett, Executive Medicine, and Wise Wealth Partners, the forum provided a dynamic platform for engaging discussions, meaningful networking, and actionable strategies. Attendees left empowered with the insights necessary to unlock true security,…
Being in a consistently high-performing super fund is crucial for growing your superannuation balance over time. Members who are part of poorly performing funds risk having significantly lower balances at retirement. According to the Productivity Commission’s review of superannuation, consider the case of a 21-year-old with a starting salary of $50,000. If they joined a fund consistently ranked in the top quarter of performers, they could retire at age 67 with a super balance of $1.1 million. In contrast, if they joined a fund consistently in the bottom quarter, their balance would only reach $610,000—45% ($502,000) less than the top-performing…
Stricter Payday Super Reforms AnnouncedThe government has unveiled additional details for its Payday Super Reform, scheduled to come into effect on July 1, 2026.The revamped Superannuation Guarantee (SG) charge framework is designed to ensure employees are fully compensated for any delays in receiving their superannuation payments. It also encourages employers to promptly catch up on any missed contributions and introduces harsher penalties for employers who deliberately or repeatedly fail to comply.Businesses will be held accountable for this updated SG charge if employee super contributions are not received by their respective super funds within seven days of payday.“This allows enough time…
Welcome to Riches Talk! I’m your host, Jeffrey Liu. Today, we have the pleasure of speaking with Roger Perrett from Freshwater Wealth. With over 25 years of experience in financial advising, Roger is recognized as a Top50 Advisor by Financial Standard and has been quoted in leading publications like the Financial Review and Money Management. He’s based in Sydney and specializes in creating wealth for high-net-worth professionals aiming for a great retirement lifestyle.Roger’s insights into the complexities of investing, government rules, and tax minimization will be invaluable today. Let’s dive into our conversation. We love hearing from our readers! Please…
Everlast Minerals, an Australian heavy mineral sands company, is in talks to raise at least AUD 15m (USD 10.23m)from cornerstone investors, ahead of its Australia IPO targeting on around AUD 100m market capitalization, Eric Sun, Corporate Finance Director from BYRONS Corporate Finance, told Merger market. An undisclosed Chinese strategic investor has committed to participate as one of the lead investors, with the due diligence work completed, he said, adding that several Asia-based large miners and corporates are among the investors in talks.Everlast Minerals has mandated Sydney-based advisory fi rm BYRONS as the Lead Manager to advise on its planned public…