Life Insurance: The Need for Proper Cover and Funding it Through Superannuation
No one likes paying for insurance, yet everyone understands the need to protect themselves and their family financially from unfortunate life events. We therefore wanted to share some of the interesting conditions in the life insurance industry and information on how your superannuation relates to your life insurance. What is Life Insurance and Why is […]
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Debtor Management Now More Important Than Ever
Debtor management has always been important… but it’s about to become even more important than ever. Debtor or receivable management has always been central to the effective cash flow of any business. Without an effective debtor management system, even the most profitable businesses can quickly find themselves in a vulnerable position. This has been as […]
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How Legislation Can Impact Personal Injury Settlement Outcomes
The law and regulations around personal injury compensation claims are intricate. The fine print can make an enormous difference to the amount of compensation our clients receive and how it is taxed throughout their lives. One crucial part of the existing legislation is section 292-95 of the Income Tax Assessments Act 1997, which deals with […]
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Insurance Case Study: Better Cover for a Young Family
Inadequate insurance coverage can severely impact your family’s lifestyle and financial security in the event of an accident, illness or death. Around 94% of Australians have life insurance (held mostly via superannuation), however recent research indicates the median level of cover is only $143,500. Australians are similarly underinsured for total and permanent disablement (TPD), and […]
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New JobKeeper Test Date for Employees and Additional Flexibility
On Friday 14 August 2020, the Treasurer released updated the JobKeeper Rules dealing with eligible employees, which apply from 3 August 2020 onwards. Specific rules dealing with JobKeeper 2.0 have not yet been released. New Test Date for Employees Under the original JobKeeper rules, an employee generally needed to have been employed by the entity […]
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Office (02) 4969 6600
info@lambourne.com.au