Stay up to date with what’s happened in the Australian economy and markets over the past month. June delivered a mixed picture for the Australian economy as the new financial year begins. Headline inflation eased, but underlying inflationary measures rose to their highest level in almost two years, reinforcing expectations that interest rates may remain higher for longer. Domestic data highlighted … Read more
Welcome to our latest newsletter As we begin to wrap up the winter season, we can embrace the last of the cooler days and look towards the first signs of spring. We’ve all read about the great intergenerational transfer that is set to begin. Being prepared and knowing what to do with an inheritance can … Read more
Two brothers – Paul Issa and Phillip Issa – ABC News Breakfast it was “appropriate that charges have been laid” and that: accessing anyone’s privacy, any Australian’s privacy, is alarming. Regardless of the outcome of this case, these allegations raise some obvious questions. Who – among bank staff, regulators, technology providers and other third parties … Read more
How self-managed super funds (SMSFs) are taxed, what is assessable income, and what are allowable deductions. Tax on income Self-managed super funds (SMSFs) must pay tax on their assessable income. The most common types of assessable income are: assessable contributions net capital gains interest dividends rent. A complying superannuation fund that follows the laws and … Read more
Picking an investment strategy depends on your life stage, income needs and tax factors When considering a strategy for investing in shares, a good question to consider is do you prefer generating steady income, or pursuing long-term growth? Your answer will more than likely determine whether you focus on dividends or growth, two different approaches … Read more
