Finance News
This section of the briefing provides a snapshot of key economic data and issues with a focus on Australia.Australian exceptionalism and the 2011 Census. Australia is a handful of days away from a magic milestone: this coming Sunday will mark the 21st birthday of Australia’s current economic expansion. That is a remarkable achievement. By the…
Thinking about establishing a business? In my opinion there are two main entities which you may look to utilize. You can either trade via a “Unit Trust” structure or a “Company Pty Ltd” structure. What is a Unit Trust? A Unit Trust is similar to a Family Trust but is generally used for business purposes rather than…
Not long until June 30 now so here are some small business owners tax tips for the coming year In my opinion small business operators need to be more proactive with the help of their public accountant to make the most of ever changing tax rules and tax-saving opportunities. Ideally, astute small business owners should be…
The latest news reports that we have seen this morning indicate the conservative party that backs keeping Greece in the eurozone has won the country’s election and immediately proposed forming a pro-euro coalition government. The development eases, at least briefly, deep fears that the election would unleash an economic tsunami. As central banks stood ready…
Across each major capital city the unit market has been more resilient to falling values over the past year compared with detached houses. This would seem to suggest that affordability barriers in the market are encouraging home buyers to look for more affordable housing options such as units and townhouses. This is highlighted…
Much better than expected employment figures combined with Wednesday’s GDP result to paint a much rosier picture of our local economy yesterday and the Australian dollar rallied accordingly. Following the release by the Australian Bureau of Statistics showing an additional 38,900 jobs were added to the economy during May, the Aussie jumped from pre-announcement levels…
This note looks at the state of the world economy, with recent developments suggesting that it is back in the “danger zone” referred to by the IMF and the World Bank last September, and focuses on alternative scenarios as to how it may pan out and what that would mean for various asset classes. Key points…
TIP 4 – GET THE SUPER CO-CONTRIBUTION This year is your last chance to get up to $1000 of free money from the government if you make a non-deductible super contribution and claim the government co-contribution. Next year, the maximum co-contribution is being halved to $500. Many middle-income earners will also miss out on the benefit…
