Finance News
Note at the time of writing the result of the UK Referendum has not yet been formally called. The facts,as discussed on 3AW yesterday with Tom Elliott the effect of the Brexit vote: The pound is down between 8% and 10% on all major currencies. Our share market in Australia is down more than 3% but still…
It is approaching June 30 again, and you may be looking for some last minute ideas on reducing your taxable income. With for some of you only one pay left this financial year it could be worth salary sacrificing your whole pay with a view of topping up towards your age based cap. Give us…
DO you live at home and spend all your money on having a good time? If this is you, chances are you’re a kidult — and it might be time to grow up. Those aged between 18 to 27, who still rely on their parents to put a roof over their head and do the…
We are now eight years on from the GFC and the uncertainties around the global economic outlook remain. Periodic fears of recession and deflation have roiled markets, and a lack of growth has led to profits flat lining for several years. Central banks have slashed cash rates, with negative rates in some countries. In Australia…
2016 Federal Budget summary 3 May 2016 Treasurer Scott Morrison has handed down his first Federal Budget—the Coalition Government’s third. The winners are low and middle income earners and small business owners. There are significant changes to superannuation that could warrant further discussion with your financial adviser. Note: These changes are proposals…
Changes to Policy for Applicants Earning Foreign Income At Westpac, helping Australians to achieve their goal of owning a home or investment property is core to our purpose.We regularly review our credit policies to ensure we continue to lend responsibly, and have policies that are both aligned to our risk appetite and consistent with the…
1. Company Tax The extent of that cut is likely to be modest, possibly a reduction in the headline rate to 28.5 per cent to match the “small companies” rate introduced last year. 2. Other corporate reforms The introduction of the $20,000 instant asset write-off for small companies was one of the few undoubted success…
Last night just before midnight I received a text from Leah announcing the news that she had delivered a healthy baby boy Alexander. Her and her fiancee plan to marry in September and she described the experience as surreal. She said she went through the full labour in enormous pain but eventually had a caesarean.…
