Investor News
Investor News Autumn 2025
Bank First has made the decision to sell our Financial Planning service to CCA Financial Planners, effective 1 May 2025. Up until 30 April 2025, Bank First Financial Planning will continue to look after your financial planning needs.
Federal Budget
This year’s Federal Budget provides cost of living relief through tax cuts, lower power bills, reduced co-payment for medicines and other measures.
Residential aged care changes
The Government legislated changes to support ageing Australians at home and in residential aged care services. Most changes will apply from 1 July 2025.
Top-up your super with help from the Government
If your income is under a certain threshold, then making personal after-tax super contributions could enable you to qualify for a Government co-contribution.
Make insurance more affordable
It may be more affordable to take out life and total and permanent disability (TPD) insurance in a super fund rather than outside super.
Protecting yourself from investment scams
Get 2024/25 off to a great start
Changes to tax cuts from 1 July 2024
The Government has passed legislation to amend the tax cuts which apply from 1 July this year. We explain these changes along with some things you may wish to think about to help maximise your savings.
Centrelink have updated pension rates
On 20 March 2024, Centrelink adjusted the maximum pension rate and increased the corresponding income and asset test limits. We developed a summary of the new rates, thresholds, and your Centrelink obligations.
We're here to help
To find out more about these articles and understand how they may apply to you, contact your financial planner.
Ben Holian
Hawthorn East
Anjali Sharma
Hawthorn East
Paul Patman
Moonee Ponds
Steve Perrett
This information does not take into account your objectives, financial situation or needs. Therefore, you should firstly consider the appropriateness of the general advice contained in each article considering your own objectives, financial situation or needs.