Insights & Updates
New Increased Super Contribution Caps
As the end of financial year gets closer, some investors are thinking about the most effective ways to boost their super balance, particularly with an increase in the caps on contributions from 1st July. Click here to read about new increased super contribution caps.
Farewell Thommo
After 35 years of service, we wish to announce that Mark “Thommo” Thomson will be finishing up with Lockwood Partners effective 30 June 2024. We extend our sincerest gratitude for his contributions to the firm – both as employee and director. We are grateful for his dedication, and friendship ...
Windows: Free Apps and Tools that Transform Your Computing Experience
Windows 10 and the more recent Windows 11 have not only brought a fresh look to our desktops but have also introduced free apps and tools that make our digital lives more convenient and enjoyable. Here are some apps and tools that not only come bundled with your Windows system but also play a ...
Found a cheap Home & Contents policy online?
It’s understandable to look for a cheaper insurance policy via an online insurer, but some policies are cheaper because the coverage offered is a lot less comprehensive than other policies. If you have received a quote from an online insurer that you are planning to take out, just make sure you ...
Investing Mistakes to Avoid
Investing successfully and improving your investment portfolio can be as much about minimising mistakes as trying to pick the ‘next big thing’. It’s all about taking a calm and considered approach and not blindly following trends and hot tips. Click here to know the mistakes ...
Why using a broker is the smart way to go when it comes to finding the right finance.
More than half of all Australians taking out a mortgage are doing so with the help of a mortgage broker. There are literally hundreds of different loan products available right now. With so many lenders, and so many products under each of their brands, it’s so important you make the most of ...
Commissioner finalises his view on expenses associated with holding vacant land
Background Section 26-102 was introduced effective 1 July 2019 to address integrity concerns regarding the availability of evidence to substantiate taxpayers’ intent in respect of holding costs deducted in connection with vacant land. Essentially, there was necessarily a heavy reliance on ...
Are your Sums Insured Accurate?
Do you have enough cover? Underinsurance is unfortunately common in Australia, making it difficult for those Australians who are underinsured to resume their standard of living – whether it’s rebuilding their home or replacing belongings to the same standard – if their property is badly damaged ...
Financial Wellbeing Is A Gift Worth Giving Yourself
The festive season is a time of joy and celebration but, for some, it can also lead to a financial hangover in the New Year. Click here to find out how to rein in Christmas spending.
How much will your home really cost?
Sitting down? Good. We all know we pay interest on home loans but looking at the total paid out over the life of a loan can be like looking into the sun. Brace yourself, because Canstar have put on their sunnies and crunched the numbers to calculate home buyers taking out an average ...