Superannuation Co-contribution and Kids Working in Australia
Superannuation co-contribution scheme for low income earners (under about $56k/year) is paid automatically into your super account as long as the super account has your tax file number. Deposit $1000 into your super account and the government will top it up with $500 or a total of $1,500. $1,500 deposited per year at 7% per annum over 10 years will ...
Peter Morgan previously from 452 Capital
Peters interview on Livewire markets was great. What Peter looks for in a business to invest in (as a former Chartered Accountant): Good balance sheet with low debt. Companies tend to overstate balance sheets now and talk regularly to the market, 20 years ago they tended to understate assets and not talk to the market. This could be a result ...