Superannuation for Aussies in America

It’s estimated that there are over 100,000 Australian expats that live and work in the United States of America. As a global HQ for many multi-national companies, particularly in the technology sector, it should come as no surprise that many Australians would relocate there for business and career opportunities. While this can be an incredibly

By |2021-09-29T08:39:10+08:00September 29th, 2021|Australian Expats|0 Comments

What is Taxable Australian Property for Aussie Expats

As the expression goes, there are only two certainties in life, death, and taxes, and this applies whether you’re an Australian resident or an Australian expat living and working overseas. From the many conversations that our team at Ally Wealth Management have had with Australian expats over the years, we know that there’s a lot

Main Residence Exemption Denied for Aussie Expats

The Main Residence Exemption (MRE) has officially been scrapped for Australian expats and other non-residents that own property in Australia. On the 5th December 2019, the Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures) Bill 2019 was passed without amendment. This was originally proposed in the 2017/18 Federal Budget, which effectively meant that if

By |2021-09-15T08:39:31+08:00September 15th, 2021|Australian Expats, Property Investment, Tax|0 Comments

Why Should I Protect My Greatest Asset?

When asked the question - "What is your greatest asset..?" - many will answer that it's their family, or their home, or something different altogether, but the fact is that for most of us, our most precious asset is time. In relation to our personal finances, we relate this 'time' to our ability to earn

By |2021-09-09T08:55:03+08:00September 9th, 2021|Australian Expats, Insurance|0 Comments

The Bank of Mum & Dad

The Bank of Mum and Dad, the expression commonly referring to parents lending their children money, usually to cover the deposit on their first home, is now one of Australia’s largest lenders, according to research from Digital Analytics. The size of the loan book equates to over $35 billion, and given the rising property prices

Go to Top