Y Partners Blog

Drive Your Wealth Strategy this EOFY

Here are some simple but powerful tips to consider when building your retirement savings. Which ones will you add to your to-do list before the end of this financial year?  Read more…

2019 Federal Budget Snapshot

On Tuesday 2 April, the Federal Government handed down its Budget for the 2019-20 financial year. This is the first Budget delivered by Treasurer Josh Frydenberg and will be the final Budget before the next Federal Election. 

The theme of this year's Budget is 'A stronger economy and a secure future'. According to the Treasurer, the measures in this year's Budget will not only lower personal taxes and return the Budget to surplus, they also help older Australians continue contributing to super and provide tax breaks for small-to-medium businesses. 

Here are some of the announced Budget changes that could affect you. However, it's important to remember that these are only proposals at this stage, and each proposal will only become law once it's passed by Parliament. Additionally, if there is a change of Government at the Federal Election, these proposals may be changed or removed from the next and subsequent Budgets.  Read more…

Playing it Smart in the Sharing Economy

A growing number of Australians are ditching their 9-to-5 jobs in favour of independent task-based contracts. Here's what you need to know about being a gig worker. With the rise of the sharing economy, more Australians are using their homes, vehicles and skills to earn an income through sites like Airbnb, Uber, Car Next Door and Airtasker. But while these companies offer great earning opportunities and flexible working conditions, it's important to understand the financial implications involved. Remember, your freelance employment is a business, not a hobby – and you need to treat it that way. Here are some things to be aware of.  Read more…