Comfort with Money

by Rodney Gibson Financial Advisor

I am a sole practitioner with 40 years experience in finance, taxation, law, business and accounting. I am currently associated with SALA Financial Services. I provide the following:

  • Estate Planning, including wills and powers of attorney (EPOAs)

  • Estate Management

  • Taxation advice

  • Investment advice, including superannuation

  • Business structure advice


My aim is to assist you to live within your means and achieve all your financial goals.

Our Recent Posts



Whose money is it?

The structure of our society (for example in Australia with our 3 levels of government), including the laws that govern us as laid down by various levels of government, has produced a system of checks and balances that Abraham Lincoln spelled out as “government of the people, by the people, for the people”. Karl Marx, on the other hand, suggested that the more appropriate concept demanded “to each according to his needs, from each according to capacity to contribute”. The Communist system of state ownership of all the means of production, distribution and exchange produced a weird collection of national basket cases in Europe, the most dramatic demonstration coming from the contrast of East

Power of attorney

Last week I discussed trust and the operation of trust in the creation of a Power of Attorney, a document which allows another person to act for you – for example, signing documents to deal with your property or to spend your money. Queensland established a world first late in the 20th Century, by introducing an ENDURING Power of Attorney to allow your chosen trusted person to continue to deal with your goods, possessions and MONEY while you were still alive but had lost reasonable capacity to act for yourself – especially mental capacity. Such a POA does not extend beyond death. The power that an attorney holds can range from a capacity to do anything with your money, goods and chattels, to


Our entire civilization relies on the operation of trust in one form or other – from “Can I trust her with my life?" to “Can I trust him to remember to take out the garbage?" In the legal and financial world the technical context of trust has, over the years, produced laws and precedents which govern our everyday lives and our everyday deaths. The Public Trustee shares part of the title with the Trustee in Bankruptcy and the millions of holders of a Power of Attorney given by a friend or relative demonstrate how important the concept of trust, both legal and personal, is in our society. Those of you who love history will find it interesting that the concept of a Trustee acting for you origi

Plastic "money"

The vast, and I really mean enormous, majority of citizens have bank accounts with a plastic card attached (or even no bank account), and as a somewhat elderly cash carrying member of the public I am still rather put out when I see kids paying for a single cup of coffee with plastic. I do have several credit cards and when used they are always paid on time. I usually make a special point of avoiding using a card when the business I’m dealing with adds a 2% surcharge. The value of the “points” added to my account so that I can get “cheap” flights or cruises does not match the money I spend to fly to Sydney or London. In my student days I learned about cheques and promissory notes. In my libra