Finance News
Unless you’ve been living under a rock this week, you will have heard that the RBA has lifted interest rates for the first time in a decade. Our official rate is now 0.35%. Similarly, the US Fed lifted rates to 0.75%-1% and the Bank of England lifted their benchmark to 1%. Higher cash rates…
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Welcome to 2022, and as we enter our third pandemic year it’s a good time to pause and look ahead to what we can expect from another year of twists and turns. If we’ve learned nothing else over the past two years, it’s that it takes a brave person to try and look too far…
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Hi and welcome to 2020! We hope you are well rested and refreshed to get the new decade off to a positive start. In many respects though, it has been a troubling and depressing summer with the horrendous bushfires causing devastation to communities, homes, humans and animals across the east coast. In addition, the world…
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The federal government recently announced an increase to the instant asset write-off threshold for small business from $20,000 to $25,000, effective immediately. The PM has done this in a bid to buy the votes of small business owners in the lead up to this year’s federal election, which he is widely tipped to lose…
Read the rest of the entry »Since Donald Trump got into office the Dow Jones has risen more than 25%, equating to more than US 6 trillion in value and he has then passed the most significant tax reform in more than 30 years. Our new nickname for him – he is the Uber In The Whitehouse. His whole purpose is…
Read the rest of the entry »Happy Budget Eve, usually known as Christmas for all those in financial services or for political journalists, but Fairfax management are the Christmas Grinch this year after revealing they are going to slash 125 jobs resulting in a strike this week. For the budget tomorrow I have a few predictions: 1) The news is not…
Read the rest of the entry »The Australian equity market had a positive last week hitting fresh highs for 2016. Earnings season began last week in the U.S. with results looking better than expected helping their market to fresh highs; however it is still very early in their reporting season and most companies in the U.S. will release figures later this month.…
Read the rest of the entry »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…
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