Guided Investor

EOFY is almost here.

And if you're waiting until July to think about tax planning, you've probably left it too late.

In this video, I cover some of the key opportunities worth reviewing before 30 June, including:

- Personal deductible contributions to super
- Carry-forward concessional contributions (including the final chance to use unused 2020/21 caps)
- Government co-contributions and spouse contributions
- First Home Super Saver Scheme contributions
- Capital gains and capital loss planning
- Family trust distributions
- EOFY considerations for business owners
- Why you probably shouldn't be rushing to make changes because of the recent Federal Budget

Just remember, don't let the tax tail wag the dog.

A tax deduction is great, but only if the underlying strategy makes sense and improves your overall financial position.

The full video is linked in the comments below.

Median rent across Australia is now sitting at $650 per week.

That’s over $33,000 per year… every single year… just to keep a roof over your head.

And it highlights something people don’t talk about enough when it comes to financial independence.

If you retire without owning your home, you generally need a MUCH larger asset base to sustain the same lifestyle long term.

Now some people argue: “But if you rent, you avoid taking on a massive mortgage.”

And that’s true in theory.

But in practice? A mortgage often creates forced discipline.

Regular repayments. A structured plan. And real consequences if you fall behind.

There’s also another major factor: Leverage.

Property allows many Australians to control a large asset with a relatively small amount of upfront capital.

Over long periods, that leverage can significantly amplify wealth creation if the asset performs well.

Renting can absolutely work financially. But only if you consistently invest the difference with the same discipline as a mortgage repayment… and often with a strategy that still creates long-term growth through leverage elsewhere.

And that’s the hard part.