Wybrow & Associates: Financial Advice | Investment | Protection

02 6162 4100
Unit 5/8 Phipps Close
Deakin ACT 2600

What We Do

Specifically, we provide written strategies and advice on:

Cash Flow

Our ability to enjoy life with our family and friends is governed by our health and our wealth.
True wealth is being cash flow rich. Cash flow is the cornerstone of every financial strategy and advice we provide clients. 
Wybrow & Associates specialises in assisting people create and maintain future cash flow from assets that are protected, tax effective and accessible.

Creating cash flow

Whether a person earns $50,000, $150,000, or $500,000 per annum, we find it is the choices people make that propels them towards financial security and wealth creation, or financial distress and living beyond their means.  The key to creating wealth is using what we earn in a productive way.  The key to maintaining wealth is to protect your ability to earn.

Total Work Earnings $X

Allocation of $X earnings towards:        



Food, clothing, rent, Mortgage payments  



Holidays, cars, going out  



Shares, Property, Income protection, Super  


Total work earnings  


How much are you allocating from your earnings towards wealth creation and protection?
If you stopped work tomorrow would the income from your investments allow you to continue to pay for necessities and have the lifestyle you would want?
Do you have a strategy that will propel you towards creating and maintaining your wealth and cash flow?
If you would like more information, please contact us >>
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Maintaining cash flow

Some people appear to have a sizeable amount of assets (property, shares etc) and we assume that they are wealthy.   Often we find that people spend a high proportion of their income on lifestyle, (clothes, holidays, cars), have borrowed excessively and have large interest bills to pay, or have made wrong investment choices and cannot live off the assets they have.  While it is important to minimise taxation you cannot live off a tax deduction. 
Financial security and peace of mind comes from having Cash flow independent of work to support necessities and our lifestyle. 
Cash flow comes from:

  • rental income (property),
  • dividends (shares),
  • interest (money in the bank)
  • business income/distributions and
  • capital gains (selling an asset).

Are you confident enough in your current financial strategy to obtain a second opinion?
If you would like more information, please contact us >>
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Debt Management

For some people, debt is a necessity. Without it, financial goals such as owning your own home may never become a reality. Used properly, debt can be a valuable financial management tool that can help you achieve your long-term goals.
There is a fine line, however, between using debt as part of a well-constructed financial plan, and using it to cover the difference between what you earn and what you spend. If debt is used to finance excessive spending, it could not only lead to financial distress, but may lead to credit being denied to you.
If any of the following situations apply to your spending patterns, your level of debt may be too high for you to manage comfortably:

  • using credit to buy food, petrol or pay utility bills,
  • only managing to pay the minimum amount each month on your credit card, paying little off the principal, or
  • being forced to live on credit each month, as your debt repayments use up most of your salary.

If you find that you are having difficulty controlling debts such as a credit card or personal loan, you should contact the credit provider. If they are aware of your circumstances, they may be prepared to restructure your payments over a longer period. Remember, it is in the interest of the lender to recover their money, even if it does take a little longer than expected.

It is also a good idea to get assistance from a qualified financial adviser. With the right advice and a workable budget in place, it may only be a matter of time before you are in control of your debt once again.
If you would like more information, please contact us >>
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Asset Protection

People want to enjoy life, take calculated risks and help family members.  We find people often have risks that they have either not considered or have not planned for.   
A growing number of people find themselves in situations where:

  • they have borrowed too much money and are unable to make repayments, resulting in the loss of their home
  • as a consequence of bad business decisions liquidators attacks all their assets
  • assets are lost from the family due to children's relationship breakdowns and debts

Our Clients make it clear to us that when faced with issues such as divorce, bankruptcy or excessive taxes; they would prefer to have assets kept within the family, at almost any cost.
Structures such as Trusts, Companies, Self Managed Superannuation Funds, legal agreements, loan agreements etc. can be used to protect the family and its assets from external parties and threats.
The best time to protect your assets is before they are attacked.  Asset protection should be a key part of all financial strategies.
If you would like more information, please contact us  >>
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Investments (including borrowing for investment)

Investing is an excellent way to make your savings work harder and help create wealth. While keeping your money in the bank is a good choice for emergency funds, in today's low inflationary environment, the returns are likely to be lower than what you could achieve using other investment methods.

Making your money grow is all about investing over the long term and spreading your money across a range of different investments to minimise risk - in other words, 'not putting all your eggs in one basket'.
We believe a person's investments should include a diversified portfolio of asset classes:

  • Shares
  •  Property
  • Fixed Interest
  • Cash

We are qualified to provide advice and investment recommendations across all asset classes.
If you would like more information, please contact us  >>
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Gearing simply means borrowing money to invest. 
Gearing may be used with existing savings to accelerate the process of wealth creation by allowing an investor to make a larger investment than would otherwise be possible.  The borrowed money can be invested in a number of ways, including direct shares, property and managed investments.
Negative gearing occurs when the interest payable on borrowed funds exceeds the net income received from the investment.  The investor must have surplus income over and above their day-to-day living expenses to meet the shortfall. Gearing can be an effective strategy if the after tax capital gain return of the geared investment exceeds the after tax costs of funding the investment.
If you would like more information, please contact us  >>
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Retirement Planning

Your lifestyle in retirement will be largely governed by your financial position. That is why it is so important to start planning for your financial security as soon as possible.

It is suggested that you should aim to have about 60 - 80 per cent of your final pre-retirement salary as income in retirement.
For example, if you were to retire tomorrow on a pre-retirement salary of:

  • $80,000 pa, you would need at least $48,000 to maintain your current standard of living
  • $180,000 pa you would need at least $108,000 to maintain your current standard of living

The exact amount of money you will need, however, will depend on what you hope to achieve in retirement. If you would like to venture overseas or buy a holiday house in the country, you will need to have the money put aside to fund these dreams.

The level of savings you will need for your retirement 'nest-egg' will also depend upon when you want to retire. The earlier you plan to retire, the longer you will spend outside of the workforce without your regular income. As a result, you will need to have more money put aside to support yourself throughout those additional years.
A sound financial plan can be your first step to a secure financial future. Among other things, a plan details how much you should put aside now in order to achieve your desired lifestyle in retirement. Your finances are then structured so that this level of saving is achievable.

With a secure financial future, you will be able to have the kind of retirement lifestyle you have always wanted.
If you would like more information, please contact us >>
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Transition to Retirement

This strategy has been a winner with a growing number of our clients as it helps eligible people to choose to work, reduce tax, and build up greater superannuation benefits without changing their lifestyle.
If you are over 55 years you can salary sacrifice a substantial portion of your employment income into superannuation and simultaneously draw down on your superannuation. This is done by using a Non-Commutable Allocated Pension (NCAP).
Importantly, there is no requirement for you to reduce your working hours.
Because of the tax benefits, an NCAP strategy can boost your superannuation savings without impacting on your take-home income.

The NCAP Budget 'booster'

Thanks to the 2006 Federal Budget announcement that superannuation withdrawals will be tax-free after the age of 60, the case for using an NCAP strategy becomes even more compelling from 1 July 2007.

Sally's NCAP advantage

Sally is 55 years old. Currently she works full-time in the hospitality industry. As a restaurant manager she earns $80,000 pa and during her working life she has accumulated $300,000 in superannuation. Her superannuation is invested in a growth fund that returns an estimated 6.4 per cent after tax and fees.
Initially, Sally is reluctant to start an NCAP strategy because she does not want to sacrifice any income she is currently receiving. We explained that it is possible to receive exactly the same take-home income using an NCAP and to still boost her superannuation savings. Figure 1 shows how an NCAP would work in the first year, assuming Sally receives the maximum NCAP payment of $30,000.
Even better, we advise Sally that over the projected 10-year period, an NCAP strategy can boost her superannuation savings by around $90,000 with no change to her lifestyle.

Figure 1: Sally's NCAP benefit

Before NCAP

with NCAP

Gross earnings 



Deductible super contribution/Salary sacrifice                        






Total tax payable



Take-home pay



Assumptions: The projections in this strategy are based on various assumptions, including but not limited to: maximum pension payment $30,000 in year 1; salary sacrifice = $38,029 in year 1; no change in take-home pay before/after strategy; no change in risk profile; estimated investment return (Growth portfolio) = 6.4% pa (super), 7.3% pa (pension); all investment earnings figures are after tax and after fees; no change in Super Guarantee contributions, i.e. 9% of $80,000; ongoing administration fees are not included.  Note that payment received from an NCAP is eligible for a rebate of up to 15 per cent if aged 55-59. The payment is tax-free from 1 July 2007 if over age 60.
If you would like more information on how to benefit from an NCAP, please contact us  >>
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Personal Super

One of the most common and tax effective ways of saving for retirement is through superannuation (super). Super is a specially designed, long-term investment for your retirement savings.

Superannuation can be described as a long-term savings plan, which is designed to provide an income stream after retirement. However, superannuation is different from other savings vehicles because:

  • the savings accumulate through special funds or plans which have special rules for the members who invest in them;
  • special taxation treatment applies to those plans; and
  • most superannuation investments cannot be touched until after we retire.

Personal superannuation plans are designed for individuals or their families. Contributions can be either the required Superannuation Guarantee Contribution (SGC) or voluntary contributions and can be made by either the individual or their employer. Find out how investment into superannuation may improve your taxation position and help you retire to the lifestyle you desire.
If you would like more information, please contact us  >>
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Self Managed Super Funds

Self-managed superannuation funds (SMSF's) are enjoying dramatic growth as people opt for greater control over their investment decisions.
Self-managed funds are regulated superannuation funds with one to four members that are excluded from certain requirements of the Superannuation Industry Supervision legislation (SIS). This exclusion ultimately ensures that the fund proves easier to manage compared with larger funds that must comply with more onerous SIS provisions.
SMSF's offer flexibility to members so the fund can be structured to meet the specific needs of the members. Self managed funds are usually established and managed with the assistance of an accountant, stockbroker, financial adviser or specialist superannuation administration company.
As well as allowing investors investment flexibility, many of the costs involved in setting up and maintaining a self managed fund are fixed and do not represent a percentage of the total fund, as is the case with retail investments. This may make the fund more cost effective as the size of the fund increases.
Self-managed funds do not suit everyone. Generally, a self-managed fund will not be economical if you have superannuation assets of less than $200,000.
Self-managed superannuation funds can be an ideal vehicle for the more financially sophisticated investor with a strong interest in the financial markets, such as working directors, business partnerships or 'mum and dad' family businesses who want more control over how their superannuation is invested.
Investors looking to establish their own superannuation fund must:

  • obtain a trust deed
  • appoint trustees (generally the fund members)
  • formulate an investment strategy
  • ensure appropriate administration of the underlying investments
  • appoint an auditor, and
  • make an election to be regulated by the Australian Taxation Office.

It is important to be aware of these requirements if you plan to take an active role in the management of your fund.
Those considering self-managed superannuation should always have expert superannuation and investment advice to make sure the fund's performance targets and prudential standards are met.
If you would like more information, please contact us  >>
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Borrowing in Your Self Managed Super Fund

If you have a Self Managed Super Fund then you are able to borrow to buy property using your super fund and the cash that it holds. Wybrow & Associates can set up the Trust that holds the property and the borrowing. All the rent from the property is paid into the Super Fund’s bank account and the super fund pays the mortgage repayment amount back to the bank. Ideally high yielding property works best in your super fund. Typically a bank will lend up to 70% of the value of the property being purchased and so a 30% deposit is required plus stamp duty and legal costs. However you can use other assets apart from the new property being purchased to secure the loan. In this way you would be the lender to the super fund and can borrow as much as the other security and the bank will allow. It is particularly important that borrowing done this way is documented well and is done 'on an arm’s length' basis. That is that the super fund member is not seen to be profiting from the borrowing. Business owners particularly see this as a good way to purchase their own business premises and have security of tenure into the future for their business. We recommend that a 10 year frame is taken into account when purchasing property for a super fund unless the initial borrowing is very low.
If you would like more information then contact us.

Taxation (implications of financial strategies & structures)

Minimising tax on investments and salary can lead to significant increases in your wealth.
All assets (e.g. Property, Shares, cash) can be held either individually, through Trusts, Companies, Self managed superannuation funds or a combination of asset ownership. The initial decision of how to own the asset can make a significant difference to your wealth.
We specialise in using structures such as Trusts, Companies, Self managed superannuation funds, to legitimately assist you in minimising your tax obligations, maximising your wealth and achieving your goals and objectives.
Wise structuring and packaging can ultimately mean more cash for you and your family to enjoy. Salary Packaging (see salary packaging) combined with asset structuring can lead to significant tax savings to you. Tax rates on income and capital gains can range from as low as 0% to a maximum of 46.5%.   
If you would like more information, please contact us  >>
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Social Security

Accessing Social Security benefits can improve the quality of people lives. 
Our clients in retirement are typically self-funded retirees who may not need the age pension.   However, our experience shows that people value accessing ancillary age pension benefits e.g.  Health Care Concession Cards.  Their health and maintaining their health is major influence in how they spend their retirement. 
The Age Pension provides for the elderly in retirement if they are unable to fully provide for themselves.  The qualifying age is 65 years or over for males. The eligibility of females varies according to their birth date and ranges between 60.5 years and 65 years if born after 1 January 1949. 
Centrelink applies two tests to determine eligibility for the age pension - the assets and income tests.  The test that results in the lowest rate is the one that applies.
You must also be an Australian resident to qualify for the age pension.
You do not have to receive the age pension to access certain benefits e.g. Seniors Health Care Card.
To find out if you qualify for the Social Security benefits and for further information please contact us  >>
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Salary Packaging

Salary packaging is about how to best use your salary to minimise taxes.
We typically use after tax dollars to fund:

  •  Necessities: Food, clothing, rent, Mortgage payments
  •  Lifestyle: Holidays, cars, leisure activities
  •  Wealth Creation: Investments, Income protection insurances, superannuation

Depending on your employer, you may be able to rearrange the way you are paid so that pre tax dollars are used towards funding certain Necessities, Lifestyle and Wealth Creation activities.
Reasons you would salary package:

  • Maximise after tax cash flows and benefits from salary;
  • As part of your Financial Strategy;
  • Improve Life Quality.

If you would like more information, please contact us today  >>
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Estate Planning

Estate planning provides you with control of your assets by making sure the right amount of money or assets go to the right people at the right time. 
We find that the standard will does not necessarily provide adequate safeguards and certainty around the distribution of your assets after death.
Estate planning can be complex and requires the expertise offered by a solicitor and accountant in conjunction with the guidance of a financial planner.
If you were not around, does your partner sufficiently understand your financial strategy?
Do you know with certainty that your assets would stay in the family after you are gone?
If you would like more information, please contact us today  >>
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Personal Insurances

Financial protection comes in the form of insurance such as life insurance, income protection, trauma and business expenses insurance. Depending on the type of insurance you decide to purchase, you may either receive a lump sum pay out or a regular ongoing payment in the event of serious illness, injury or even death of the life insured.
If you would like more information, please contact us.

Income Protection

What is your greatest asset? Most people typically respond that their home, their car, or their investments are their greatest assets. However, your greatest asset is actually your ability to earn an income.

Most of us rely on our income to pay the mortgage or rent; to keep our families and ourselves clothed and fed; and maintain a comfortable standard of living. So protecting your ability to earn an income should be a high priority. Yet, while many people insure homes and possessions, they often ignore protecting their income.
An income protection policy will pay a regular income if you are unable to work because of sickness or injury. Whether the disability is as serious as cancer or as minor as a broken arm, income protection provides a simple, cost-effective safety net.

Most policies will pay up to 75 per cent of your average monthly income (net of business expenses but before tax), and will cover you against various conditions, which could disrupt your ability to earn an income.

Income protection is particularly important to the self-employed, who cannot rely on short-term sick leave from an employer.
For more information on financial protection, contact us >>
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Term Life

A life insurance policy provides financial assistance in the form of a lump sum to your family or other dependents in the event of your death. The proceeds can be used to meet commitments, such as the mortgage on the family home, and to maintain your family's standard of living.

No price can ever be put on the value of a human life. However, life insurance is a safety net that allows your family to cope financially if you or your partner dies. In what would be an emotionally devastating time, life insurance removes one major stress - financial insecurity.

Term life insurance provides death cover only - if the life insured does not die within the specified term, by age 65 for example, the policy is cancelled and there is no surrender value. This type of policy has no savings or investment component - it is only a means of managing risk.

Ensuring you have adequate life insurance for your individual circumstances can be a difficult task. We can help you by highlighting areas to consider when calculating the amount of life insurance that you require.
For more information on financial protection, contact us.

Total & Permanent Disablement (TPD)

TPD provides a lump sum benefit in the event that you become totally and permanently disabled.  Payment for TPD may be made if the following conditions of the policy are met:

  • If you are unlikely to work again in the future.
  • If you are unable to perform basic daily living activities.

The possibility of becoming totally and permanently disabled in your lifetime is more likely than many people realise. In fact, in 2004 the Australian Bureau of Statistics reported that 1 in 16 Australians have a severe or profound core activity limitation. For many, this would impact their ability to work.

Adequate TPD insurance can help you maintain your quality of life in the unfortunate event of total and permanent disability. Benefits can be used in many ways, such as to help pay for recovery and rehabilitation costs, or to refit your home if necessary.

TPD insurance can also allow a partner or family member to reduce their work hours to care for the disabled person or to pay a professional carer, and provide funds to be used as an ongoing income stream in the future.
For more information on financial protection, contact us >>
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Trauma Insurance

You probably know someone that has suffered a serious illness. While modern medicine can provide a good chance of recovery, the financial consequences of a serious illness can be devastating. Bills do not stop just because you are ill. A serious illness such as cancer, a stroke, heart attack or any of a number of other major illnesses can strike at any time causing physical and emotional trauma.

For those recovering from such an illness, facing a period of incapacitation or recuperation, there is often the financial burden of medical bills and expenses, the ongoing costs of rehabilitation and care, possible modifications to the home and forced early retirement.

Few people have the necessary savings to pay all these expenses or to manage without a regular income.

Trauma insurance can offer relief by paying a lump sum in the event of a specified condition, helping to ease the financial burden on both the insured and the family.

For more information on financial protection, contact us >>

Business Expenses Insurance

Business expense protection is designed to cover the ongoing monthly expenses of your business if you are totally disabled and unable to work due to sickness or injury. Talk to us today about the best option for you.
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Business Succession Planning

Do you have a Business Will?
A business succession plan gives the owners of a business a way to buy the interests of a deceased or disabled owner, and ensure the ongoing survival of the business.
Having a business succession plan will ensure the departing owner or their estate, will receive fair value for their interest in the business, that funds will be available to the purchaser without financial stress being placed on them, and that there is a clear understanding of the succession process.
A business succession plan must be created in consultation with legal and tax professionals. There are many steps that need to be undertaken before a business succession plan can be completed.
If you would like more information, please contact us  >>

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