News

Victoria's Vacant Residential Land Tax (VRLT) is set to apply to all vacant residential land throughout Victoria from 1 January 2025. This tax, which was originally introduced in 2017, aims to address housing affordability issues. However, it also impacts holiday homes unless certain exemptions apply.

The Vacant Residential Land Tax (VRLT) represents a significant consideration for property owners in Victoria, designed to improve housing affordability by incentivizing the use or development of vacant residential properties. Below, we delve into the essentials of VRLT, detailing its scope, criteria, forthcoming changes, and key exemptions. Property owners are encouraged to consider how these aspects might impact their investments and to seek tailored advice for their specific circumstances.

The Home Equity Access Scheme, once known as the Pension Loans Scheme, represents a significant component of retirement planning for many Australians. The scheme allows eligible retirees to access the equity in their home to supplement their retirement income. This scheme is particularly tailored for older Australians, providing a way to leverage the value of their home while still retaining ownership.

In Australia, the 'Bank of Mum and Dad' has become an indispensable part of the financial landscape, evolving to address the changing needs of younger generations. As the gap between income growth and the cost of living, especially housing, continues to widen, many Australians are finding that achieving traditional milestones, such as homeownership, is increasingly challenging.

Family succession planning, also known as estate planning, is a vital aspect of responsible financial management. It extends beyond the mere distribution of assets; it's about safeguarding your wealth and creating a legacy for a smooth transfer of resources to the next generation.

Private equity represents a fundamental component of the modern investment landscape, offering unique opportunities for investors to engage with industries and companies beyond the reach of traditional stock markets. This form of investment stands out for its potential to deliver strong returns while mitigating the inherent volatility typically associated with publicly listed investments.

In the complex landscape of financial planning, the right investment vehicle is key to navigating towards your financial goals. At Arrow Private Wealth, we're committed to helping our clients understand their options. Below is an insightful comparison of various investment vehicles, complete with a detailed scoring system across critical factors.

When it comes to managing wealth, affluent individuals often have a unique set of concerns and priorities. While each client may have their own financial dynamics and goals, they frequently share common concerns when it comes to preserving and managing their wealth. In this piece, we will delve into the five key financial concerns of the affluent and explore strategies to address them effectively.

The importance of planning for aged care cannot be overstated. This article is dedicated to raising awareness and encouraging early consideration of this crucial life stage.