If you have been trying to follow the Federal Government’s changes to superannuation over the last few months, we would forgive you for having a headache. There has been an awful lot of flip-flopping. One of the most contentious areas of change concerns non-concessional contributions into super. A non-concessional contribution is one that is not… [Read More]
Your Resources
What will you do now that interest rates are so low?
So, what are you doing with all that interest you’re saving? In case you haven’t noticed, interest rates are at an historic low right now. In August, the RBA voted to drop the official target cash rate to just 1.5%. This followed a reduction in May from 2.0% to 1.75%. Home loan rates are about… [Read More]
Changes to proposed super reforms
This week the Government announced significant changes to the proposed superannuation reforms, providing clarity and certainty for clients around Superannuation. The big news is that the retrospective $500,000 lifetime non-concessional cap has been removed, which was one of the more controversial measures introduced in the budget. It seems like the package is being put could… [Read More]
What do rising interest rates mean for your investments?
Talk in Australia is still how much lower will interest rates go, but in the US things are very different! The talk on Wall Street is about the likelihood of another increase the US Federal Reserve funds rate as soon as September. This makes perfect sense given the continued underlying strength in the US jobs… [Read More]
Super Changes Q&A
With the election now decided it is likely the changes to superannuation put forward in the 2016 budget will be passed by Parliament. The volume and significance of the superannuation changes announced prompted questions from our clients, particularly with regards to the pension transfer cap and the lifetime non-concessional contributions limit. We discuss some of… [Read More]
Technology and investing: this time may be different
Article written by Hamish Douglass of Magellan Asset Management I am often reminded of the sage advice from Sir John Templeton: “The four most dangerous words in investing are ‘this time it’s different’.” As investors, I think we need to question whether we are entering a new technological and machine age over the next 10-25… [Read More]