Keeping You Up To Date

How do interest rates affect your investments? Interest rates are an important financial lever for world economies. They affect the cost of borrowing and the return on savings, and it makes them an integral part of the return on many investments. It can also affect the value of the currency, which has a further trickle-down effect on other investments. So, when rates are low they can influence more business investment because it is cheaper to borrow. When rates are high or rising, economic ...

Retirement is a phase of life most of us look forward to. It’s a chance to pursue other interests, travel and maybe do some part-time work or volunteering. Thanks to more than 30 years of compulsory superannuation, we are also retiring with more savings than previous generations and have higher expectations of the lifestyle we wish to enjoy. But that also brings its challenges. According to the government’s Retirement Income Review, the average age of retirement in Australia is ...

Mortgage vs Super With interest rates on the rise and investment returns increasingly volatile, Australians with cash to spare may be wondering how to make the most of it. If you have a mortgage, should you make extra repayments or would you be better off in the long run boosting your super?

The answer is, it depends. Your personal circumstances, interest rates, tax and the investment outlook all need to be taken into consideration. What to consider Some of the things you need to weigh up ...

Act now to obtain your Director ID If you are the director of an Australian company, time is running out for you to apply for your ASIC Director Identification Number (Director ID).  All directors of existing companies must apply for their Director ID by 30 November 2022. The quickest way to get your Director ID is to use the ABRS website at abrs.gov.au - you will need your myGov ID app to apply this way.  You will also need certain forms of identification to prove ...

Time is running out to secure your business's domain name   Your business's website domain name ending in .com.au can now change to the simpler .au.   While this new option launched in March 2022, businesses with existing domain names (eg ending in .com.au or .net.au) have had the option of a priority allocation process, to secure their .au domain name.  This priority process ends on 20 September 2022.  If you have not applied for priority access, all .au ...