• Private Wealth insights

Private Wealth insights

As Private Wealth advisers, we make it our priority to provide you with a comprehensive understanding of your financial options, to help you achieve the financial security and outcomes you desire. By providing clarity around your current financial position and visually detailing the journey you are on, we give you the information you need to be able to take control of your financial decisions and achieve your lifestyle goals. With a clear understanding of the implications, you can make better decisions about your future.


If you want to keep up to date on what is happening, subscribe today to our Private Wealth Updates and have insights delivered directly to your inbox.

May 2020

End of year planning strategies – Getting the most out of your superannuation and pension accounts

As 30 June approaches, superannuation strategies come to the forefront, particularly now we have seen the economic and societal changes and challenges that COVID-19 has and will continue to present over the year ahead.

What will a post COVID-19 world look like?

At the time of writing this article, the ASX 200 index has recovered over +20% from its March lows. Why is this, and what are investors telling us about the post-COVID-19 global economy?

March 2020

Navigating your inheritance in a difficult time

Receiving an inheritance can come at a time of sadness and reflection. Read our article to discover how you can focus on making complex financial decisions during this difficult time.

The magic number for retirement

How much do  you need for a comfortable lifestyle in retirement? This is a complex question that takes in many lifestyle factors. Discover more in our article.

Do you need a Testamentary Trust in your Will?

A Testamentary Trust can be a valuable estate planning tool. Read our article to understand if a Testamentary Trust should be built into your Will.

The six levers of building your financial wealth

There are six levers to consider when accumulating financial wealth. By thinking about these levers, and which ones you need to address, you have the power to cultivate a better financial position in your current stage of life, as well as take the steps towards your ideal retirement position.

2019 Wrap Up

November 2019

How much do you need to retire – a case study

We have previously written about how much you might need to fund the next stage of your life, which concluded that it largely comes down to how much you spend. In addition, the amount you need may be less than you think due to declining expenditure as we age.

To put this into context, let’s review a case study.

Non-arm’s length income can cause problems for self-managed superannuation funds

Self-managed superannuation funds generally provide their members with greater control and flexibility over the types of investments that are selected to fund investments.

As a result, you see a significant minority of these funds make investments such as purchasing real property or investing in unlisted companies and unit trusts, which are associated with members of the funds.

Planning for care, supporting your parents as they enter the next phase of their lives

The majority of seniors want to maintain their independence for as long as possible, but more often than not there will come a time when they require support. Your parents were there for you and now you need to be there for them, so how do you support your parents during this challenging time without causing conflict or taking away their sense of independence?

The high cost of cash

With record low interest rates, many term deposit holders are questioning where else they can invest to maintain their income. While you can’t get away from having to take a bit more risk to generate additional returns, this may be a sensible approach, depending on your circumstances. 

August 2019

How to protect yourself and your business

Did you know that there is a 52% chance of you or your business partner dying or becoming unable to work again before the age of 65? Read our article to discover why succession planning and risk management is vital.

How short-term cash flow management can be built into a long-term strategy

Are you struggling to find the balance between living now and saving for retirement? Discover the importance of dedication to your long-term strategy.

New age investing to ensure your finances in retirement, and your children’s future

Responsible environmental investing is gaining traction throughout the world. Discover how to change update your portfolio.


June 2019

It’s time to consider your superannuation contributions

Making additional super contributions is a tax-effective strategy to boost your funds for retirement. Discover how you can make additional contributions.

With wealth transfer on the rise, why has planning taken a back seat?

Conversations about inheritance and financial legacy are a rare occurrence, but with wealth transfer on the rise they are more necessary than ever. Take a look at why early conversations and proactive planning are essential.

How much will I need to fund the next stage of my life?

It’s normal to grow stressed as you approach retirement and the unknown financial nature that accompanies it. BDO’s Private Wealth team has outline strategies to assist in easing the financial stress before retirement.

The third industrial revolution

We are now experiencing the third industrial revolution driven by new developments in communication, energy and transport technology. Explore how this new wave has, and will continue to impact your personal investment portfolio.


February 2019

Google search: How to time the market?

Try to time the share market at your own peril. Find out why


The Australian savings myth

Many Australians are sacrificing their lifestyle today, in order to maintain their lifestyle in retirement. Read our article to learn why that might not be necessary.

Demystifying the aged care maze

Senior Australians are choosing to stay at home longer, but aged care is often required. Read our article for the important factors to consider when looking into age cared facilities.

Negotiating a property settlement after divorce or separation

Minimise the severe lifestyle and impacts of a divorce by learning how to negotiate a better property settlement. Read the article.  


November 2018

7 tips to unlock your wealth strategy – for business and life

Are you a business owner? Discover how to pave the financial road to a secure retirement.  

Interest rate rises and foreign policy: the impact of the economic cycle on investment

Despite the economy being in the best shape since the GFC, political risk is still present. Read our article to learn about the changing economic cycle and its impact on investment. 

The importance of assessing your personal insurance options

Why are people forgetting about personal insurance? Take a look at a case study that highlights the importance of personal insurance, even for a young couple. 

Recap of Labor’s tax and super policies

If Labor is elected in 2019, it could mean changes to key tax and superannuation policies. Read on to discover the impact of these policies from a personal financial planning perspective. 

September 2018

Making a cool $10k for an hour’s work

Do you want to save $10,000 in tax? If you’re a working couple looking to purchase your first home, read on to find out how you can get ahead. 

Practical advice to help children learn about money

How can you teach children about money now that it’s invisible? We have outlined several activities to engage with your children and instil strong financial values. 

The earlier you start, the better

If you are at the start of your career, now is the best time to implement a disciplined investment strategy. Read our article to find out how to best set yourself up for the future.  

Share market update – diversified portfolio key to stabilising returns

The key to staying ahead is a diversified portfolio. Read on to learn about the recent changes in the share market. 

The best annual returning super fund

The best annual returning super fund for the year has been crowned. However, this should not be taken at face value. Take a look at the array of factors to consider when selecting a super fund. 

Rational decision or knee-jerk reaction? The impact of cognitive bias on your investment decisions

During times of market stress, it’s important to think rationally about investment decisions. We have outlined cognitive biases and their importance in decision-making.

May 2018

The 9 fundamentals of financial independence 

It’s never too late to take control of your finances. Discover how to become financially independent.

Labor’s proposal to scrap cash refunds from unused dividend imputation credits 

What does Labor’s removal of refunds for excess imputation credits mean? Read our article as we outline the policy and its impacts. 

End of financial year and your superannuation contributions 

It’s time to review your superannuation contributions and decide if you want to make additional contributions. Explore how you can boost your retirement funds from early on in your career. 

Investment commentary: market volatility continues despite strong global economy 

The sharp drop in share prices in February can be attributed to the concern about US inflation. Read our article that outlines the recent market volatility and its impact.  

Protecting yourself against cyber fraud: tips for personal information protection 

After reoccurring data breaches and the loss of personal information by large corporations, ensure you are protected from cyber fraud by following our steps.

February 2018

Kick-start your 2018 financial plan

New year, new financial plan. Read our article to take stock of your finances.  

Share market volatility in context of recent gains

Stressed about your investments declining? Read more to find out about Australia’s recent activity in the market. 

Is Bitcoin an investment?

Are you thinking about investing in Bitcoin? Read our article for insight into investment strategies for cryptocurrencies. 

First home super saver scheme

The First Home Super Saver Scheme could make it easier to purchase your first home. Read on to check your eligibility and to find out more about the scheme.

Downsizer superannuation contributions

Are you 65 or older and want to make additional super contributions for retirement? Read our article to find out how you can do so through downsizing.