August 2017

August is here and the wattle is beginning to bloom, a sure sign that spring is just around the corner. The Australian economy has been a bit slower to spring to life, but there are some green shoots.

We have been having some amazing winter sunshine where we live in Qld but I know many other states have not been so fortunate.

Steves favourite part of winter is the footy, and he loves nothing better than settling in and cheering his beloved Essendon team in the AFL.

I think everyone has a bit of lifestyle change when Winter comes around. What about you?

I am so proud to announce that again Steve has been recognised for his expertise, knowledge and advice and again selected as a finalist in GPS WEalth Awards for 2017.

Well done Steve, I know you put the hard work in and really take the time to get to know your clients, look after them, worry for them when markets are falling and be happy for them when markets are rising.

Many of you may not realise that Steve is constantly reviewing protection and investment patterns and ensuring that he is being proactive for your needs and plans and not reactive. I quite often will lose him for hours at a time when he is in his office reading and researching.

Below is a link for those of you wishing to do a free review of your Health Insurance.

I hope you find this and other articles in this months newsletter of interest.

Looking forward to chatting or hearing from you soon, best regards


Know anyone who's happy to pay more tax?

No, neither do we. But if your income is above $90,000 (single) or $180,000 (couple) and you don't have private hospital insurance, you'll be paying the Medicare Levy Surcharge - that's an extra $900 (single) or $1800 (couple) in tax.

The good news is you can avoid this penalty because there are hospital insurance policies that cost about the same as the extra tax you are paying. Even a basic private hospital policy has to be better than donating more tax to the government... READ MORE

Technology to get you moving

If the ancient Greek Olympians could see the way the average Joe Athlete works out today... well, they might not even recognise it as exercise. Thanks to modern technology and the way the internet helps spread fads, the last few years have seen some truly weird and wonderful fitness trends emerge. READ MORE...

Have your kids got it covered?

Just because your children are adults, with good jobs and maybe even married with children of their own, it doesn't mean they shouldn't be considered in your retirement plans.

Family is a risk that many don't consider when planning for retirement. After all, you probably have little or no debt now the kids are independent and you are retired or close to retirement. Hopefully you feel you have enough money saved to live the retirement lifestyle you looked forward to as you worked to raise your family.

However, unforeseen circumstances... READ MORE

Take a day: It can pay

Ever thought about taking a break from your routine, a "Financial Health Day" to spend some time tightening up your personal finances?

While it might not be the most exciting day you will ever spend unless the thought of saving a significant amount of money excites you, it will be worth your while.

It should be a weekday so you have scope to call banks, credit card issuers, health insurers, and other financial service providers who are easier to contact during office hours. And you will also... READ MORE

Arrow Focus on Wealth

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P 07 5530 3500
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Steve Culpitt is a Sub Authorised Representative ( AR 270473) of Arrow Focus on Wealth.
Arrow Focus on Wealth Pty Ltd is a Corporate Authorised Representative (CAR 270472) of GPS Wealth Ltd AFSL 254 544 Australian Credit Licence 254 544 ABN 17 005 482 726 General Advice Warning: This communication contains general advice only. The information has not been prepared to take into account your specific objectives, needs and financial situation. The information may not be appropriate to your individual needs and you should seek advice before making any decisions regarding any products or strategies mentioned in this communication.
Disclaimer: Whilst Arrow is of the view the contents of this article is based on information which is believed to be reliable, its accuracy and completeness are not guaranteed and no warranty of accuracy or reliability is given or implied and no responsibility for any loss or damage arising in any way for any representation, act or omission is accepted by Arrow or GPS Wealth Ltd or any officer, agent or employee of Arrow or GPS Wealth Ltd.