Your Chrysalis team are very excited to have been announced as 2020 finalists by the IFA (Independent Financial Adviser publication) for Self-Licensed Financial Planning company of the year! This finalist nomination is a great industry honour. We would like to recognise and thank all the staff at Chrysalis Lifestyle Planning for their professionalism, pursuit of…
2020 Federal Budget Fast-tracked tax cuts and wage subsidies for younger workers underline the Federal Government’s budget. Note: These changes are proposals only and may or may not be made law. Summary Personal tax cuts brought forward Immediate tax relief: ’Stage two’ personal income tax cuts will be brought forward two years, and back dated to…
After 15 great years flying as a Qantas long haul flight attendant, I wanted to move on to a new career where I could make a genuine difference to people’s lives using my qualifications, talents and experience. So in 1996, after further tertiary study, I took the opportunity to begin a financial planning business. Having…
From our QF Redundancy experience over the past 16 years, these are our 10 Top Tips for Qantas staff when considering if a Voluntary Redundancy (VR) is right for you: Your preference – to take or not to take that is the question! Are you mentally ready to disconnect from QF? Do you have a…
Chrysalis Lifestyle Planning presents ‘Hot Topic’s’ Q&A video session with Jo! Today Jo will spend a couple of minutes covering the following commonly asked questions: 1. Should I reduce my pension payment? 2. Should I remain invested/and or add further cash into the market? 3. Redraw versus Offset accounts….what are the implications right now?…
New Government Safety Nets to Support Most Australians – Quick Client Summary. We hope you and your families are all well and finding the quarantine experience an interesting and positive one so far! We have provided a summary designed to help simplify the various Government support measures currently being rolled out. Given we are not through the pandemic…
Here at Chrysalis Lifestyle Planning we have been busy monitoring recent market impacts and fielding a number of calls from clients. We are looking to steer all of our client portfolios through the volatility that we are currently seeing and clients have been largely calm in the knowledge that we are standing by them to…
The following ideas are provided to help you endure and triumph through this challenging time….. – Home & Supplies– Stock up on food & supplies but don’t hoard – keep a food pantry of up to 1–2 months In particular, consider your needs for baby formula, water, nappies, toilet paper, vegetables that can be turned…
Updated Government Response Government on the march On Sunday 23 March, Scott Morrison announced the second round of stimulus measures targeted at combating the impact of the coronavirus. Valued at $66billion, this package brings the Government reported overall economic assistance package to $189 billion. They simultaneously increased the self-isolation measures and enforcement of social distancing, with…
What a difference two weeks makes! The world is currently working through an unprecedented economic and health crisis that will impact on our ability to lead our normal daily lives for some time. At Chrysalis we are acutely aware that Coronavirus (COVID-19) is proving to be an escalating challenge not only to the wider financial industry and Governments…
Please be aware that there are many scam email and texts emerging regarding COVID-19 (Coronavirus). If you receive any unexpected emails or text messages, no matter what the subject matter, be very careful not to follow links or enter your personal information unless you are absolutely sure it is a legitimate site. You can find a lot of useful information…
We are starting to receive a few calls from clients off the back of the big falls in the markets as to what the Coronavirus impacts may be on your portfolio so we wanted to provide the following update for you. Please be assured, the Chrysalis Investment Committee is watching unfolding world events and assessing them…
Hamish Douglas, founder and CEO of Magellan, hosted an evening to several thousand investors where he presented his view of the trajectory of world economies and the opportunities that Magellan sees. He also spoke into how Magellan may be addressing the opportunities and threats from coronavirus. Special guest, Michael Morell former deputy director of the…
Phil and Mike attend the global chief economist forum in Sydney where they heard comments from chief economist from around the world. While the coronavirus was a topic of conversation, almost all economists were somewhat upbeat for the 2020 year, with shares being the investment of choice. However, it was acknowledged that company valuations are…
Do you have an income protection policy already in place – personally or via super? Have you been thinking about taking up income protection insurance but have not yet done so? Do you know someone who has income protection cover or is thinking about getting it? If the answer is yes to any of the…
With many parts of Australia devastated by bushfires many lenders & Life Insurers are offering support to their clients whether they be home owners, business owners or employees of businesses that have been affected by the fires. We have received numerous emails from lenders and insurers indicating they will assist their clients. Some of the…
Good article from news.com.au about some of the many benefits of saving into super. One quarter of workers are boosting their superannuation through salary sacrifice and potentially giving themselves hundreds of thousands of extra dollars at retirement. New research has highlighted the double reward savers can get from salary sacrifice – a bigger nest egg…
Good news…… It looks like the GFC is finally behind us in the Stockmarket. On 16 January, 2020 at 10:03am the ASX 200 hit 7000 points for the first time ever! We are now moving into new territory in terms of share growth. We are hoping that this year is another good year. Fingers crossed!
Legislation limiting cash payments to $10,000 has already passed the Lower House of Parliament late last year. Will this controversial new law pass and signal the beginning of the end for the use of cash as is already beginning to happen in other countries such as Scandinavia. How would this effect you? Read more from…
