Finance News
Are you a director of an Australian entity? If you are, or you’re not sure, keep reading. There are all kinds of directors in Australia. The obvious ones are directors of companies or trusts, but there are others as well. You could be a director if you run a charity, look after your local footy club, or…
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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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The unrest around Russia and Ukraine has given investors that much more to be worried about. With the increase in global sanctions, the market is now pricing in higher energy prices and seeing significant risk aversion. This has been highlighted by the Nasdaq which has now tumbled more than 15% so far this year, while the S&P500…
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There are some things we can control, and some things we can’t. Last week’s article on the seemingly constant increases in insurance premiums, is an example of something we can’t control. Costs like this are very frustrating when trying to budget and plan. But one thing we can control, is our discretionary spending.…
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 »I think we all forget how good the Olympics are and now with multiple free to air channels and the app, they are making the broadcast and coverage better than ever. And no despite the cartoon above I am not in Rio but thanks to adviserratings.com.au for the above picture. Earlier in the year I won the most…
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…
Read the rest of the entry »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…
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