How Will You Pay the ATO Fine and Tax If You’ve Withdrawn but Are Ineligible for Covid-19 Super $10,000?

As we are all aware, if you are experiencing financial stress as a result of Coronavirus, you may be able to access your superannuation.

When the ATO provided the ability to access a $10,000 COVID-19 Superannuation payment both before and after 30 June 2020, this payment was subject to specific eligibility conditions - ATO - COVID-19 early release of super.

How to 100% Fireproof Your Finances Against Income Reductions Caused by Covid-19

Even prior to COVID-19 (“Coronavirus”) being declared a pandemic, many people were simply living week to week, not really saving anything, occasionally having to “rob Peter to pay Paul” whenever bills or debts were due to be paid.  So the latest constraints we are all likely to experience will make things even tougher for many if cash flow problems are not improved now.  Even those who are doing okay at the moment are likely to struggle if income is affected.

How to Avoid the New Wage Trap

Picture this: it’s Friday afternoon, you’re watching the clock because you know you get to knock off early today. You’re feeling tired after a long working week. The anticipation of getting your foot out the door is becoming unbearable. Just then, an email pops up. It’s your payslip. You're first in this new job. Now, your mind fills with ideas of what you are going to buy. Perhaps you put fuel in the car. Maybe you’ll buy those sunglasses you’ve been eyeing off. Or, your first stop is the bottle shop for your after-work drinks.

Family Budgeting Expectations vs Reality

One of our clients recently told us how they were feeling frustrated with their family budget. They earn a comfortable, discretionary income which, in theory, should see them saving quite a bit of money for their goal of building a home. However, with their spending habits coupled with one-off expenses, they were merely covering costs and not adding to their savings.

How to Get Your Spending Back on Track in the New Year

Parents all around Australia can now breath an audible sigh of relief. Christmas is over. New Years has been and gone. The kids have returned to school. Life is now getting back to normal which makes it the best time to start putting the pins in place to support your ambitious 2020 money goals. Whether it is buying or building your new home, saving for a wedding or the great family holiday, Premier Spending Planners can help you reach your goal.

Back-to-school Hacks That Will save You Time and Money

Who’s excited to see their kids go back-to-school? Despite the resounding ‘NO’ which we can hear from the kids, back-to-school time is usually great for the parents as it signals a return to normalcy after the chaotic school holidays. But we know that back-to-school time can also be stressful for parents who are struggling with the rising cost of school supplies. Never fear though, because Premier Spending Planners are here to help you take hold of those rising school costs and get you back on track with your spending.

Recovering from Your Christmas Spending Hangover

After Christmas, it isn’t only the over consumption of food and beverages that we need to recover from. Quite often it can be the over-indulgence of Christmas spending that causes us headaches. Whether it was spending too much on presents, or the extra trips away that cause us to feel the financial pinch, Premier Spending Planners has the tools to help. Here, we have compiled a list of simple ways to help you rebound from your Christmas spending splurge.

How to Avoid That Post-christmas Spending Hangover

What is it about Christmas that makes everyone push boundaries? Whether it be over-eating, overconsumption of alcohol or overspending on gifts, consumers can’t help but test their limits. While we can’t help you with your food and alcohol consumption, we can help you avoid your Christmas spending hangover.

10 Ways to Curb Your Christmas Spending

Ah, Christmas. That fabulously festive holiday where we gather with our friends and family and celebrate the joy of sharing with others. Regardless of how you choose to spend your Christmas, there is a good chance that you will be captured by the merriment of the season and find yourself over-indulging in drinks, food and gift-giving. Even if you think you can afford to be a little looser with the spending, chances are that you will still spend more than you intend.

Making a Play for Those Big-ticket Items

Most Australians have the same dreams: to buy big-ticket items like houses, brand new cars or luxury overseas holidays. These are great, but expensive, dreams. In July 2019 the Australian Bureau of Statistics released their latest data on housing finance. The findings showed that on average, Australians were borrowing more than $425,000 for their home purchases. First home buyers were borrowing slightly less with the average loan valued at $366,000. The average cost of purchasing a car in Australia is over $30,000. And holidays … well, Australians are the second-biggest spenders on holidays with a nation-wide cost of $63.6million spent on travel every year.


  • Spending too much on your everyday expenses?
  • Struggling to get your finances under control?
  • Earn a decent income, but only living week to week and never seem to have enough left over for yourself?
  • Stress is something you have grown accustomed to?

Your wedding is undoubtedly going to be the best day of your life. Yet, the leadup to the wedding can be one of the most stressful times as you plan, book, mediate between families, and pay for the biggest party you will ever throw. If you aren’t careful, your dream, rustic wedding can quickly become a Bollywood extravaganza. As it blows out, so does your budget.

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