News
Economic Update - June
As mentioned in the last edition of Market Watch, the Reserve Bank of Australia (RBA) cut the official cash rate from 2% to 1.75%, a new all-time low, at their May meeting. The next RBA Board meeting is 7 June 2016.
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The new Australian lifestyle isn’t so average
Overseas holidays, new cars and having the latest technology aren’t considered luxuries anymore, but are standard lifestyle expectations of the new ‘average’ Australian, according to research by MLC.
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Are you part of the sandwich generation?
The ‘sandwich generation’ is a term used to describe people typically in their 40s and 50s who are caught between the demands of caring for ageing parents as well as their own dependent children.
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Why a budget isn’t about sacrifice
For most of us ‘spending’ is the first thing that springs to mind when we have money. So when a financial adviser suggests the idea of having a ‘budget’ most of us recoil in horror.
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Financial scams target over 50’s
Australians aged over 55 who may be looking for ramped up returns are most likely to fall prey to scams. Over the last year 105,000 Australians have fallen victim to financial scams...
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The United Kingdom Votes
Leave Campaign wins the Referendum. The United Kingdom (UK) has voted to leave the European Union (EU) in a shock decision that has sent global markets plummeting. It has been over 40 years since the UK last voted to stay in the EU and sentiment towards the common market has shifted dramatically.
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5 Things to note about Brexit Jitters
Core European bond yields have been negative for some time, as the European Central Bank has been aggressively buying bonds as part of its quantitative easing policy. While most of the German yield curve has been negative, German 10-year bond yields turned negative for the first time last night, reflecting uncertainty over the implications of the Brexit vote.
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SMSF Critical Amounts, Changes & Dates
Reducing your tax exposure, maximising the opportunities available to you, and reducing your risk of an audit by the regulators is in your best interests. With the end of the financial year fast approaching, this update will help you do exactly that:
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