JMT Wealth Management

08/08/2021

On 2nd August 2021 we are pleased to announce the merger between JMT Wealth Management Pty Ltd & Freshwater Financial Planning & Advisory Services Pty Ltd.

Going forward you will continue to receive the same Financial Planning Advice but it will be under Sterling Grange Financial Planning Pty Ltd.

Our day-to-day operations are business as usual, nothing stops. However, we now have new resources, greater business efficiency, enhanced capabilities to continue driving value for you while continuing to grow and stay ahead of the curve in an ever-changing environment.

Some of the Benefits of the company merger include:
• Increased business scalability, greater resources and additional staff access.
• Multiple office locations in Macleod St, Bairnsdale & Toorak Rd, Toorak.
• Same Financial Planning license through Axies Pty Ltd, ABN 38 136 704 446, AFSL 339384.
• The services we have provided you in the past will continue to be offered by the combined firm.
• We can now practice what we preach – when it’s time to take annual leave, the business remains open (light is still on, front door is open) and advice will still be available.
• Reduction in cost pressures from the recent legislation changes so we can continue to drive a client-focused service model.
• Access to two senior Financial Planners.

If you have any questions about this exciting news and what it will mean for you, then please contact us at any time.

We are confident that our new affiliation will continue to promote greater future value to all clients and connections.

Jake Taylor & Carl Freshwater
Directors
Sterling Grange Financial Planning

Please follow our new company here: https://www.facebook.com/SterlingGFP

29/07/2021

With all the stress and struggles going around due to lockdowns it is easy to loose sight of those that are struggling around you. We can (rightly or wrongly) bury ourselves in work to keep the lockdown pains and isolation at bay (very guilty here!!). Your children do not have this option and may be struggling to express themselves. So reach out to them, check in to see how they are and give them a good hug to say you are here for them (no matter how old you children are).

Naturally this is not a financial planning post but I have been seeing and hearing people struggling with the burden of lockdowns at the moment, so thought it would be nice to send a reminder to check in with those around you 😊.

Emily Woods (Australian Associated Press)   Young Australians are stressed about how the pandemic has impacted their education and mental health and are concerned about ongoing isolation, a new survey has found. Mission Australia released results from its 2020 Youth Survey on Wednesday, showing you...

22/07/2021

Are you unsure what you need to do when you are late or even miss the mandatory super contributions (SGC) to ourselves and staff members? Read the enclosed article to avoid any extra penalties. It is more important than ever to be on top of staff super payments with SGC now increasing to 10% per annum. Get in touch if you have any questions.

(ATO)   If you do not pay an employee’s super guarantee on time and to the right fund, you must lodge the superannuation guarantee charge (SGC) statement and pay the SGC to us. When eligibility requirements are met, late super payments can be used to offset the SGC, pay super in the current quart...

14/07/2021

Are you trying to get your head around property affordability and the direction of the property markets? Have a read of the following article which provides some clarity to it all.

Australian property market prices continued to climb over the last month, with the past six months seeing some of the strongest growth on record. Mortgage interest rates edged higher as the Reserve Bank of Australia ended its Term Funding Facility. There are some extraordinary divergences in afforda...

30/06/2021

Who feels like some face to face networking??

Are you business ready for the 2022 FY?
Learn and get connected at our two upcoming hub meetings.

1st July
Hear from Gordon Pont & Michele Carson, Business planning and Branding experts. They will share about ’Building your brand story?’ and, why planning first and acting second will accelerate your business growth.

15th July
Hear from Jake Taylor & Shannyn Merlo - Business Coach, Wealth creation and Business coaching specialists. You’ll learn how to make the best financial planning decisions to boost your wealth and how a business coach can guide you to a better place in your business.

Plus at both events, David Hewitt will share the tangible value of good networking. Don’t miss it!

HOBBA Cafe
428 Malvern Road
Prahran, VIC 3181
7.30am - 9.00am

Register here (link in bio): https://lnkd.in/gjEF2aB

We’d love to see you there (mention my name in the registration process and your coffees are on me).

24/06/2021

Carry-forward unused concessional contributions: Case study

Have you not been maximising your concessionally taxed super contributions since 1 July 2018? Did you know you can catch up on these contributions to give yourself a big tax reduction as well as a wealth accumulation boost!!

Have a read of the article and get in touch if you would like this strategy tailored to your current situation.

From 2019–20, carry-forward rules allow you to make extra concessional contributions – above the general concessional contributions cap – without having to pay extra tax. The carry-forward arrangements involve accessing unused concessional cap amounts from previous years. An unused cap amount ...

17/06/2021

FOMO is alive and well with property. But do you know how much the tax-man will take from you when it comes time to sell your property? It all comes down to knowing your cost base. Have a read of the article to learn more.

To calculate a capital gain or loss, you need to know the assets: cost base to calculate a capital gain reduced cost base to calculate a capital loss. The basic rules are the same for all assets, but for real estate there are some additional rules for: costs of owning cost base adjustments ...

05/06/2021

Are you saving for a house and struggling to get anywhere with your cash savings at such low returns? Then you should speak to our financial planner Jake Taylor to see how you can get to your next house sooner but putting into place a wealth accumulation plan.

One of Australia’s big banks has dealt a blow to its customers, cutting rates on its savings products for the second time this year.

25/03/2021

Raising kids is expensive!! … Make sure you plan for these expenses, so you don't have to give up your lifestyle. Get in touch if you need to create a money system that works for you and can provide for your children's future.

We often hear that raising kids is expensive, but just how much will it cost you over the first five, 10 or 20 years? Here’s a closer look at the costs of each stage of life. If you’re thinking about having kids, or have already taken the plunge, you might be wondering how much you’ll need to ...

14/03/2021

Are you struggling to control your expenses? Then it is time to put into place a money system that works for you.

Get in touch if you would like to understand your expenses, create a cashflow surplus and to start your wealth accumulation journey.

Money and Life (Financial Planning Association of Australia)   Are your finances suffering because you can’t resist spending on the latest trends? Here are some tips to help you switch your focus to long-term money goals instead. According to recent research from Mortgage Choice and Core Data, 35...

28/02/2021

Do your spending habits change when you're in a relationship?

Are you guilty of splashing your cash on everything you desire, while your partner steadily saves for a rainy day? Or vice versa?

When spending habits don’t align, it can cause tension in a relationship. Whatever your situation, there’s never been a better time to step up and take charge of your finances!

If you’re unsure about any aspect of your finances, it’s worth speaking to a financial planning professional as they can help you understand your position and what you need to do to reach your financial goals. Have you organised your Pronup??

Money and Life (Financial Planning Association of Australia) Are you guilty of changing your spending habits when you’re in a relationship? Do you have a financial plan, or are you relying on a partner to take care of you in retirement? Whatever your situation, there’s never been a better time t...

16/02/2021

Are you falling behind on debt repayments or finding yourself juggling too much debt along with bills and rent? Is this causing you serious short and long-term financial stress. Have a read of the attached article to learn about the steps you can take straight away to deal with debt problems.

Need to speak to a professional in regards to debt management then get in contact with Jake Taylor at JMT Wealth Management.

Money and Life (Financial Planning Association of Australia) Many of us have debts and bills to manage, but what happens when you’re really struggling to pay? Find out what to do when you fall behind with bill or loan payments and what to expect if you don In Australia, we’re pretty big on borro...