• 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…
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  • 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…
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  • 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…
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  • 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…
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  • Evidence-based ways to hold back the hands of time
    March 1, 2024
    You can’t stop the clock, so the saying goes, but humanity has spent a long time trying to slow down or even reverse the effects of aging. Even today it can be hard to distinguish those measures that work from those that may not work and avoid those that may be downright dangerous! Fortunately, science-based…
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  • Tax Alert March 2024
    March 1, 2024
    New controls for ATO Online and tax charges non-deductible Following the use of stolen personal data to access ATO Online accounts, the federal government has tightened the access rules to online tax accounts as part of an increased focus on the vulnerability of small and medium businesses to cyber incidents. ATO interest non-deductible From 1…
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  • The Rich Life Vol 78
    February 9, 2024
    As February kicks off and with the summer holidays behind us, many of us are settling back into our regular routines and it’s time to turn our focus to the year ahead. Cooling inflation and a strong economy with relatively low unemployment has sent investors back to Australian shares, with the S&P/ASX 200 hitting an…
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  • Market Movements and Economic Review | February 2024
    February 9, 2024
    Stay up to date with what’s happened in markets and the Australian economy over the past month. Cooling inflation and a strong economy with relatively low unemployment has sent investors back to Australian shares towards the end of January.The lower-than-anticipated inflation figures fueled optimism at the end of the month, for the possibility of earlier…
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  • Investing mistakes to avoid
    February 9, 2024
    Investing 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…
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  • Tax changes – what it will mean to me
    February 9, 2024
    Prime Minister Anthony Albanese has announced proposed changes to address ongoing cost of living pressures with all 13.6 million Australian taxpayers receiving a tax cut from 1 July 2024, compared to the tax they paid in 2023-24.i Now is the time to assess what it means to your hip pocket and what implications it may…
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  • SMSFs: What happens if you exceed your super caps
    February 9, 2024
    The rules around making some types of super contributions have been relaxed in recent years, so it’s worth exploring the different opportunities available to you before making a large contribution.i What are contribution caps? Given the tax-effective environment of Australia’s super system, there are annual limits on how much you can contribute each financial year….
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