LifeTime Financial Group

14/10/2025

The Federal Government has just announced major changes to the way its proposed Division 296 tax will work — including a new two-tier tax system, indexation of thresholds, and a delay in the start date to 1 July 2026.

These changes are designed to make the system fairer and give the super industry more time to adapt before implementation.

We’ve summarised the key points — what’s changing, when it starts, and who may be affected in our latest website article.

The Federal Government has announced significant changes to its proposed Division 296 tax on super balances over $3 million, including a new two-tier structure, indexation, and a delayed start to 1 July 2026.

24/08/2023

We have just uploaded an article on the benefits of Pets as we head to retirement. The bad pun in the title is a once off! Our article features a great friends Weimeranar, Bailey, A truly magnificent dog. Click the link for a quick two minute read

Discover how owning a pet in retirement can bring companionship, joy, and surprising financial benefits. Learn how the pawsitive impact of pet ownership enhances emotional well-being, encourages an active lifestyle, and fosters social connections. Explore the unique role pets play in providing struc...

02/05/2023

More and more often, I see ads pushing people to consider using SMSFs to acquire property, and unbelievably, encouraging people to do so with balances below $200,000! For the record, I think this is an appalling state of affairs. I don't believe anyone should consider borrowing to buy property in a SMSF, other than for business real property (and with a far higher balance in Super).

Please click the link below to see the top ten things we believe you should be considering prior to establishing a self-managed super fund.

30/03/2023

All the kerfuffle about CVB and Credit Suisse has raised an interesting question about the Australian Hybrid market following Credit Suisse's demise. We have found an interesting article, written by Jason Lindeman (Coolabah Capital) and have posted this easy-to-read article on our site.

Please follow this link to read https://www.yourlifetime.com.au/news/1227/aussie-bank-hybrids-vs-european-securities.

22/02/2023

I am attending the SMSF conference at the moment. The conference has returned to Melbourne meaning no travel and being home every evening.

The reasons for attending the conference are numerous. Please follow this link for more information on the benefits

Why I am attending the SMSF conference again in 2023.

04/01/2023

Happy days for the over 55's with the downsizer Super contribution now available from January 1, 2023. Read more here

A change in rules on 01/01/2023 means over 55's can now make downsizer super contributions

16/09/2021

A lack of engagement by members regarding their Superannuation over the past 30 years since Super began has led the Governement to create a "Your Super" comparison tool.

Read our article to help you get the best out of this tool. Ideally suited to those who havent shown much interest in the past, our article steps you through the process.

27/08/2021

Is the Woolworths offer reasonable for people who are retired?

We think so but is obviously dependant on a range of things... To read more on this offer please go through to our article to read more. https://www.yourlifetime.com.au/news/930/is-the-woolworths-offer-reasonable-for-people-who-are-retired

07/08/2021

If you rent your property and are heading towards retirement, have you ever wondered what levels of savings you will need in order to continue funding a comfortable standard of living and continue to pay rent?

According to Association of Superannuation Funds of Australia (ASFA), a couple who own their home should aim for a lump sum of around $640,000 to provide an income of $61,000.

According to the Association of Superannuation Funds of Australia (ASFA), a couple who own their home should aim for a lump sum of around $640,000 to provide an income of $61,000.

As the cost of housing continues to rise in Australia, particularly in across the country's capital cities, retirees are becoming more likely to rent throughout retirement. And if retirees aren't renting, they may end up willing on an asset to beneficiaries that is not free of debt. This article com...