If you’re 55 or older, downsizer contributions offer a valuable opportunity to enhance your superannuation using the proceeds from selling your home. Here’s how the rules work and why more women are using this strategy. What Are Downsizer Contributions? Downsizer contributions allow eligible individuals to contribute up to $300,000 from the sale of their home...Read More

The Australian Taxation Office (ATO) is intensifying its focus on investment properties and high-value lifestyle assets, using advanced data-matching programs to ensure tax compliance. Here’s what you need to know to stay on the right side of the law. Investment Properties: A Key Focus for the ATO Investment properties have long been under the microscope...Read More

In a recent feature in Australian Broker, Steven Galdona, Director of Credit & Operations at Solomons Capital, highlighted the company’s strategic approach to private lending. Solomons Capital is positioning itself as a key player in the fast-growing private capital sector, offering unique solutions for clients and brokers alike. He has successfully collaborated with CEOs and...Read More

With over two decades of experience, Steven Galdona joins Solomons Capital as the Director of Credit & Operations, bringing an exceptional background in credit risk management, transformation, and lending operations to Solomons Group. He has successfully collaborated with CEOs and Boards to shape business visions, leading teams of up to 300 staff across Australia and...Read More

A financial adviser helps you manage your money, but it’s not just about picking investments. Like most things in finance, the details make all the difference. What is a Financial Adviser? A financial adviser helps individuals manage their finances by offering expert guidance on budgeting, saving, investing, and retirement planning. They work with you to create a...Read More

The main residence exemption exempts your family home from capital gains tax (CGT) when you dispose of it. But, like all things involving tax, it’s never that simple. As the character of Darryl Kerrigan in The Castle said, “it’s not a house. It’s a home,” and the Australian Taxation Office’s (ATO) interpretation of a main...Read More

Solomons Group is pleased to announce the addition of Rebecca Li to our team. Rebecca brings over 20 years of wealth management expertise to ultra-high-net-worth (UHNW) and high-net-worth (HNW) clients across the Asia Pacific, including regions such as Hong Kong, Taiwan, and Southeast Asia. Rebecca specialises in managing substantial investment portfolios for a diverse range...Read More

Brisbane – Solomons Group is honoured to have hosted and partnered with the launch of Skilled Migrant Professionals Magazine (SMP Magazine) at our Brisbane office on the 16th May 2024. This groundbreaking publication aims to create a community where skilled migrants can connect, share experiences, and draw inspiration. We extend our heartfelt congratulations to Emmagness...Read More

Solomons Group is pleased to announce the addition of Joel Tilbrook to our team. Joel brings extensive industry knowledge and global strategies from leading financial institutions, enhancing our clients’ access to the Australian and international markets opportunities. Joel specialises in providing bespoke financial guidance to high-net-worth individuals and families. He empowers clients to make informed...Read More

The ATO is cracking down on business owners who take money or use company resources for their personal uses. With a blurry line between personal and working life for business owners, they often utilise company resources for their personal uses. Whilst there are tax laws preventing individuals from accessing profits or assets of the company...Read More