28 February 2024
Read MoreInvesting successfully and improving your investment portfolio can be as much about minimising mistakes as trying to pick the ‘next big thing’. It’s all about taking a calm and considered approach and not blindly following trends or hot tips.
Let's delve into some of the most prevalent investment mistakes and look at the principles that underpin a robust and successful portfolio.
Chasing hot and trending shares
Every so often there are industries or shares that are al...
Making Sure Your Deductions Don't Get Personal
It can be easy to overlook your personal use of business assets when it comes to completing your business and self managed super fund tax returns but be warned, the ATO is taking an interest in this area.
The ATO’s Small Business Random Enquiry Program found around 16 per cent of small businesses were either carelessly or deliberately overclaiming expenses in their tax returns.
If business assets are used for a mix of business and pr...
13 September 2023
Read MoreTrusts and the New Super Tax Rules
Ensuring you’ve structured your finances tax-effectively is always a concern, but with new tax rules for super on the horizon, many people with large balances are considering alternative vehicles to save for retirement.
Unsurprisingly, this has sparked a renewed interest in an old favourite – trusts.
Trusts have always been popular in Australia, with the government’s Tax Avoidance Taskforce (Trusts) estimating more than one million&...
As our superannuation balances grow larger, it makes more sense than ever to keep track of the many rules changes that have recently happened or are coming up soon.
Australians are investing more in super - almost $151 billion dollars in the year ending March 2023, an increase of 11.3 per cent.i
Those extra contributions, plus the rebound in the financial markets, have resulted in super assets of around $3.5 trillion.ii
And it is being put to good use. We took out lump sum payments totalli...
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 ...