Trauma Insurance

Trauma insurance, also known as critical illness cover, provides a lump sum of money if you suffer from a specific illness. It covers you for major events such as cancer, blindness, heart attack and multiple sclerosis. It is different to total and permanent disability cover because you don’t have to be totally and permanently disabled…

A Tax On Savings

I don’t mind that the additional tax on tobacco will take a packet of cigarettes past $25, after all smoking imposes a cost on society. However the reverse is true when people save their money, which is why taxing bank accounts would have to be one of the more bizarre concepts thought up – placing an…

Salary Sacrifice

Salary sacrifice is a tax effective way to increase your superannuation balance. In essence it involves voluntarily sacrificing some of your salary into your superannuation account. It is very simple to implement; you simply notify your employer that you wish to salary sacrifice x% or $x of your future salary into super and make a salary…