Elevate Wealth

Our boss Matthew Hawkins dressed predictably for our Annual Strategy Day on Friday, and successfully got pranked by the team! But really the joke was on us because now our boss wants us to wear vests more often! 👔

We wrapped up the end of financial year by holding our annual strategic planning day with staff from both Scanlon Richardson and Elevate Wealth at the Crowne. We reflected on our achievements, whilst establishing our goals and strategies for the new financial year.

We can’t wait to see what the next financial year brings 🎉

Listen to the latest Your Finance Matters segment by Matthew Hawkins discussing the different tests that Centrelink assess you for when getting the Age Pension, and how to maximise this.

Listen Now👉https://www.elevatewealth.com.au/how-do-centrelink-assess-you-for-the-age-pension-your-finance-matter/

Listen to the latest Your Finance Matters segment by Matthew Hawkins providing insight on paying down your mortgage versus investing in the current economic environment.

Listen Now👉https://www.elevatewealth.com.au/paying-off-your-mortgage-versus-investing-your-finance-matters/

📣Did you know that Superannuation funds have cut off dates for making contributions? If you haven't already discuss your options with your financial adviser to ensure you are maximising your tax savings before the Superannuation funds cut off dates.

Listen to the latest Your Finance Matters segment by Matthew Hawkins providing insight on End of Financial Year planning.

Listen Now👉https://www.elevatewealth.com.au/end-of-financial-year-planning-your-finance-matters/

Matthew Hawkins from Elevate Wealth joined with Hayden Collins from Scanlon Richardson Financial Group, Sam Padgett from Murdoch Clarke, Walter Dare from Walmac Finance and Stephen Cox from MCMF - Murdoch Clarke Mortgage Fund for the Wealth Summit 2024 Finance Conference.

This event provided invaluable insights and practical guidance from a wide range of topics essential for mastering personal finance.

The 2024 Federal Budget provides cost of living relief through Stage 3 tax cuts, lower power bills, higher welfare payments and support for small businesses.

Listen to the latest Your Finance Matters segment by Matthew Hawkins providing insight to the Federal Budget May 2024.

Listen Now👉https://www.elevatewealth.com.au/federal-budget-may-2024-summary/

📣Tax cuts for all taxpayers

From 1 July, 13.6 million taxpayers will pay less tax compared to the current financial year, when the re-worked Stage 3 tax cuts take effect. The tax savings depend on taxable income. The table below outlines the new rates and thresholds from 1 July 2024, as well as the current financial year. The tax cuts aim to provide cost-of-living relief, but may also be used to reduce debt, invest or top-up super.

Calling all Hobartians seeking to enhance their financial literacy and secure their financial future – this conference is tailored just for you!

Join us for a dynamic and enlightening event featuring a lineup of esteemed speakers, including a financial adviser, accountant, estate planning lawyer, mortgage broker, and mortgage fund manager.

Designed to provide invaluable insights and practical guidance, our conference covers a wide range of topics essential for mastering personal finance.

Don't miss out on this transformative experience – reserve your seat today and embark on the journey to financial empowerment!

Date: 30th May 2024
Time: 5:30pm – 7:00pm
Location: Franklin Wharf Function Centre - Murray Street Pier, 28 Morrison Street Hobart

To reserve your seat at our conference, book in now via the link below!

Wealth Summit 2024 Calling all Hobartians seeking to enhance their financial literacy and secure their financial future, this conference is for you!

This Anzac Day Elevate Wealth pay tribute to the brave men and women who have served and continue to serve our country 🌺

Our office will be closed today, reopening Friday the 26th of April.

NEW Your Finance Matters Segment !

Listen to the latest Your Finance Matters segment by Matthew Hawkins discussing at what stages of your life you should consider seeking financial advice.

Listen Now👉https://www.elevatewealth.com.au/when-to-seek-financial-advice-your-finance-matters/

The Elevate Wealth Team are wishing everyone a Happy Easter filled with lots of chocolates ! 🐰🍫

The office will be closed tomorrow and Monday, reopening on Tuesday the 2nd of April 2024.

A massive thank you to the Scanlon Richardson Financial Group for hosting and providing an amazing day at the Tasmanian Golf Club raising funds for children’s cancer charity, Rachel & Jye Fund.

Elevate Wealth had a great day sponsoring hole 10 of the course, and contributing to a great cause! ⛳️

NEW Your Finance Matters Segment !

Listen to the latest segments by Matthew Hawkins discussing what a recession is, and how this can impact on your financial goals.

Listen Now👉https://www.elevatewealth.com.au/what-is-a-recession/

NEW Your Finance Matters Segment !

Listen to the latest segments by Matthew Hawkins discussing what an initial appointment with a financial adviser looks like.

Listen Now👉https://www.elevatewealth.com.au/meet-with-a-finance-adviser-your-finance-matters/

If you are looking to book in with a financial adviser to discuss your financial goals contact us on 03 6231 3448.

Do the changes to the stage 3 Tax Cuts impact your superannuation savings strategies?

It is important to review your financial goals especially as legislation changes.

Talk with one our financial advisers at Elevate Wealth Solutions to assist with these changes, and help you in achieving your financial goals !

With the recent release of the latest Average Weekly Ordinary Time Earnings (AWOTE) statistics, we now have confirmation of the upcoming changes to superannuation contribution caps moving forward from 1 July 2024.

Read our latest article discussing the upcoming changes to contributions within Superannuation.

Follow the Link 👉
https://www.elevatewealth.com.au/2024-superannuation-contribution-changes/

The Elevate Wealth Team are wishing everyone a Merry Christmas and Happy New Year !

The office will be closed from today, reopening on Wednesday the 3rd of January 2024.

We look forward to seeing you all in the New Year !

A huge thank you to the Hobart City Mission for hosting and helping us assist with the Christmas Appeal Program.

This program provides toys, food and vouchers to those that are experiencing hardship over the Christmas period. We thank Hobart City Mission for all the hard work and support they provide throughout the year.

If you would like to donate or help Hobart City Mission, you can contact them on 03 6215 4200, or donate now through the following link: https://hobartcitymission.org.au/donate-now/

It’s the great Aussie debate – Do I pay down my mortgage faster or make more Super contributions? Both are sensible options which can help put you in good stead for a comfortable retirement. But which is more financially beneficial and why?

Read our latest article discussing the differences between paying off your mortgage versus building up your retirement savings.

Follow the Link 👉https://www.elevatewealth.com.au/superannuation-versus-mortgage/

NEW Your Finance Matters Segment !

Listen to the latest segments by Matthew Hawkins discussing interest rates increasing again, and reviewing the fees associated with your Superannuation.

Now is a great time to start to look for ways to save on your expenses!
⭐ Contact a Mortgage Broker to review your Mortgage
⭐ Look out for savings with your grocery bills
⭐ Check your Superannuation fund to review your fees, and compare to other Superannuation funds
⭐ Review your subscriptions ! Make sure you're only paying for what you're actually using.

If you need further assistance with reviewing your expenses, superannuation or finances, contact our office on 03 6231 3448 to book in an appointment!

Listen Now👉https://www.elevatewealth.com.au/interest-rate-rises-again-your-finance-matters/

NEW Your Finance Matters Segment !

Listen to the latest segments by Matthew Hawkins discussing how you can downsize your property, and use the funds to contribute to your Superannuation fund.

Listen Now👉https://www.elevatewealth.com.au/downsizing-your-property-into-superannuation-your-finance-matters/

✨TIPS FROM THE TEAM✨

Director and Financial Adviser Matthew Hawkins Financial Tip is surrounding the Age Pension, noting that the value of your personal assets should be based on re-sale value not insured value.

Book in a time to discuss the Age Pension with our Financial advisers by going to https://www.elevatewealth.com.au/contact/

NEW Your Finance Matters Segment !

Listen to the latest segments by Matthew Hawkins discussing the common mistakes made in Superannuation, and transitioning into retirement.

Listen Now👉https://www.elevatewealth.com.au/5-common-mistakes-made-in-superannuation-your-finance-matters/

Happy Fathers Day from the Elevate Wealth Team !

There is no doubt that the current economic market cycle is creating uncertainty when it comes to planning for retirement. In the current environment it is important that your financial plan is robust enough to ensure economic conditions don’t get in the way of your retirement goals.

Read our latest article discussing speculations on a recession and how this may impact your retirement savings.

Follow the Link 👉https://www.elevatewealth.com.au/recession-and-your-retirement-savings/

NEW Your Finance Matters Segment !

Listen to the latest segment by Matthew Hawkins discussing what to expect in a meeting with a financial adviser.

Listen Now👉https://www.elevatewealth.com.au/what-to-expect-from-a-meeting-with-an-adviser-your-finance-matters/

Yesterday, we were joined by Em Marriott from Hobart City Mission to collect our donations for their winter appeal to help local Tasmanians with the essentials this winter. We are so pleased to support Hobart City Mission and the incredible work that they do for the community and families who are facing hardship and homelessness.

A big thank you to our team for getting behind this worthy cause.
Please give generously this winter, to donate and help those in need, click the link here 👉
https://hobartcitymission.org.au/donate-now/

The start of a Financial Year is always a great time to re-visit your goals and investments to ensure they’re working as best they can or to see what could be improved. Our latest article discusses some common factors and opportunities for the new financial year that you may be able to take advantage of!

Read our latest article👉https://www.elevatewealth.com.au/new-financial-year-opportunities/

NEW Your Finance Matters Segment !

Listen to the latest segment by Matthew Hawkins discussing ticking over the half century age, and discussing some of the benchmarks of where your finances should be depending on your goals.

Listen Now👉https://www.elevatewealth.com.au/finance-benchmarks-for-ages-50-to-54-your-finance-matters/