Recent Post

Australia doesn't have an Inheritance Tax, or does it?

Australian Inheritance Tax

Strictly speaking, Australia has no inheritance tax – however, the rules around the application of capital gains tax (CGT) for non-residents differ from those applying to resident Australians where there is an inheritance. As a general rule, capital gains tax (CGT) applies to any change of ownership of a CGT asset, unless the asset was acquired pre CGT (September 1985).

Health Insurance : Often the biggest obstacle to a worry free retirement overseas

overseas health insurance for retired Australians

We are very much in favour of Australians considering retirement overseas, particularly into some of the lower cost Asian countries. It is not without it's challenges, and it's not for everyone, but in many cases it will provide retirees with an interesting lifestyle unattainable in Australia.

It pays to regularly review your mortgage

Review your Australian mortgage while overseas

Current Australian mortgage mortgage interest rates are at 30 year lows. Typically, Australian expatriates once overseas rarely review their mortgage arrangements; usually on the presumption that is just "too much of a hassle", and I will and in and in a  you you and you and so  as you andor that somehow the changes will be reflected in their mortgage payments.

Superannuation for Australian Expats

Superannuation for Australian Expats

Legislation was introduced into the Australian Parliament this week to increase compulsory employer super guarantee (SG) contributions from 9 per cent to 12 per cent. This is to be done in regular stages over the next seven years and the current age limit of 75 for making contributions will also be removed.

A Financial Checklist

A Financial Checklist for Australian Expatriates

This is not difficult. The checklist below is simply a summary of the things you need to consider or do if moving overseas from Australia on a long-term basis.

Bank Robbery Offshore

Poor AUD Interest Rates for Expat Australians

Offshore Term Deposits - A poor deal for Australian expats and offshore investors

Australian banks consistently offer poor value to Australian expatriates and foreign investors wanting to place cash in Australian dollar term deposits and at call accounts.  The rates in the Australian domestic market continue to provide much better returns on your money, evening having regard to the

Australian Education Survey 2013

How well does Australian schooling rate?

The results of the OECD's first international survey of adult skills shows that Australian adults perform very well compared to other developed countries when it comes to literacy skills, but when it comes to numeracy the performance is only average.

Buying foreign property

Australians buying overseas property

Some signs are appearing that the apparently never-ending financial crisis in Europe is coming to an end - indeed, the UK is currently experiencing a significant turnaround.

Australian Expatriate "Voting Rights"

An Australian election on September 7, 2013

We now have a Federal election scheduled for Saturday, September 7, 2013 and unfortunately the rules and regulations surrounding voting overseas continue to make it difficult or impossible for Australians to maintain their ability to vote. This is completely contrary to the position regarding tax residency, where it is becoming increasingly difficult to escape the clutches of the ATO.

The Dollar Continues to Slide

Australian Dollar softens

The chart below, borrowed from our sister site Exfin,  looks at how the Australian dollar has performed against 4 major currencies - the USD, GBP, Euro and JPY - over the past two months to the end of July, 2013.