• Market Movements and Economic Review | April 2024
    April 5, 2024
    Stay up to date with what’s happened in markets and the Australian economy over the past month. Expectations of interest rate cuts later this year in Australia and the United States fuelled activity in the markets last month. Australian shares reached a new record high at the end of the month, driven by mining shares…
  • New Increased Super Contribution Caps
    April 2, 2024
    As the end of financial year gets closer, some investors are thinking about the most effective ways to boost their super balance, particularly with an increase in the caps on contributions from 1 July. The concessional contributions cap, which is the maximum in before-tax contributions you can add to your super each year without paying…
  • The Rich Life Vol 80
    April 2, 2024
    It’s April already and as we head back to work after Easter, we hope you enjoyed a peaceful and relaxing holiday weekend. Expectations of interest rate cuts later this year in Australia and the United States are fuelling activity in the markets right now. The S&P/ASX 200 ended March on another all-time high. Mining shares…
  • Markets love certainty, but what happens next?
    April 2, 2024
    Financial markets can be like finely tuned racehorses, poised to gallop ahead under ideal conditions but often highly reactive to unexpected events. It’s often said that the markets love certainty. Investors feel more confident when economic conditions are stable and predictable. But certainty in financial conditions is never a sure thing. Uncertainty is always just…
  • Being informed is the key to avoiding scams
    April 2, 2024
    While it seems we all like to think we are clever enough to outwit a scam, Australians collectively lost more than 480 million to scams last year. Every year scammers get more sophisticated in the methods they use to part us with our money – or our valuable personal information. It’s important to recognise that…
  • Dive into deep focus to unlock your true potential
    April 2, 2024
    Phone buzzing, emails constantly popping up, ongoing chats with colleagues, responding to meeting invites and all the while trying to work on that report. Sound familiar? While we’ve all become reasonably proficient at multitasking in this digital age, numerous commentators are pointing to the toll the constant distractions are having on our productivity and the…
  • An SMSF loan costs more than you think
    April 2, 2024
    Loaning money from an SMSF to fund members or relatives is against the super laws and can land trustees with big fines, so it’s important to know the rules and not use SMSF savings for anything other than retirement purposes. New ATO estimates show that, in 2020 and 2021, SMSF trustees entered into more than…
  • The Rich Life Vol 79
    March 1, 2024
    After a summer of quite extreme weather in many places around Australia, we can hopefully look forward to the cooler, calmer weather that Autumn brings. While economic bright spots can be found in Australia right now, there are also some less than stellar results. On the positive, inflation has remained at a two-year low giving…
  • Market Movements and Economic Review | March 2024
    March 1, 2024
    Stay up to date with what’s happened in markets and the Australian economy over the past month. The economic indicators for February were mixed. Inflation has remained at a two-year low, giving confidence of a possible rate cut in coming months, and business capital investment rose in the December quarter. However, the Australian dollar remained…
  • Understanding the new $3m super tax
    March 1, 2024
    The much debated tax on superannuation balances over $3 million is inching closer and those who may be affected should ensure they have considered the implications. Although it is not yet law, the Division 296 tax should be taken into account when it comes to investment strategy and planning, particular in relation to any end-of-financial-year…
  • Insurance is a sound investment
    March 1, 2024
    Managing risk is an essential part of investment strategy to reduce the potential for losses. Risk is not just associated with investing though – life can throw a curve ball or two and insurance is one way to manage risk in a broader context. It’s a matter of weighing up your risks and thinking about…