by orange_office | Mar 9, 2023 | Weekly Updates
The Government proposal to tax large superannuation balances at a higher rate doesn’t sound unreasonable in principle, depending on the limit chosen and how the tax is calculated. Unfortunately, the Government has chosen a fairly low limit and says it won’t be indexed...
by orange_office | Feb 15, 2023 | Weekly Updates
Australians have been reacquainted with high inflation. We were used to fifteen per cent inflation and seventeen per cent interest rates in the 1980’s. For the last calendar year inflation was 7.8 per cent, up from 7.3 per cent for the year ended September. The figure...
by orange_office | Feb 7, 2023 | Weekly Updates
The last few years have been abnormal in so many ways. Covid brought lockdowns to minimise deaths and hospital overload, working from home, online shopping, factory closures especially in China, and shortages of many things. We’ve had abnormally low interest rates for...
by orange_office | Jan 31, 2023 | Weekly Updates
The latest headline inflation figures announced recently for the period to December were higher than expected. This is important because it affects interest rates. They in turn affect most aspects of the economy – home loan rates, business borrowing costs, employment...
by orange_office | Jan 24, 2023 | Weekly Updates
The holiday season spending is done. For families the back-to-school costs for the kids are biting now. The school fees will be due soon. The finances are tight. High inflation has made it tougher than usual. However, with a bit of luck, the financial pressures should...
