Welcome to our August newsletterHello Salary Packagers Have you ever considered what you might do with an extra thousand dollars? If you aren’t making the most of available salary packaging options, you could be throwing away money. Speak to one of our Salary Packaging team members to see what else you can salary package to get a little more ‘ME’ money. This month we’ve got thoughts on the volatile state of fuel prices, backed up with some interesting news on buying electric vehicles, crypto currency updates, and we explore active investing. We’re also talking about the benefits of using a lending advisor and the state of the current investment market in the Your Prosperity podcast. Regards Mark Welsh Watch your balances and get the best value from your fuelIf you drive a car, you’ll no doubt be aware of the substantial increases and fluctuations we have seen in fuel prices over the past 12 months. But while fuel pricing may be beyond our ability to control, here are some steps you can take to ensure you are managing your balances and getting the best value from your fuel that are straight forward and easy to manage. Electric Cars – Salary Package for Significant Tax SavingsIf you’ve ever wanted to take the plunge and do your bit for the environment, whilst still enjoying the convenience of a motor vehicle, there are interesting times ahead. To date, electric vehicles in Australia have tended to be expensive, and there have been question marks around the infrastructure of charging stations to support them. Read on to find out how buying an electric/low emission vehicle through a novated lease could be a great proposition for many drivers. Important read for all cryptocurrency investorsIf you’ve realised significant losses on your cryptocurrency portfolio, did you know it may be possible to claim the losses as a tax deduction against your other taxable income? What could this mean for your crypto investments? Prosperity Manager of Taxation Charles Yuan discusses below. The role of active investingApart from the investment we make in our careers, practices and homes, the most significant investment we make is for our future and our goals. Whether those are short term goals, like an overseas holiday, or longer term goals, like retirement. In this article, Prosperity Director Hamish Landreth discusses the role and importance of active investing. Listen to the Your Prosperity PodcastOur podcast features Prosperity specialists and guest speakers discussing important topics to help you as an individual or business build a stronger financial future. EPISODESProsperity Director Brendan Campbell and Lending Adviser Melanie Peter discuss the benefits of using a lending adviser. Prosperity Directors Brendan Campbell and Gary Dean discuss what’s happening in the current investment market. LISTEN HEREFollow and subscribe to be updated when new episodes come out. Your prosperity is our business.
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