by orange_office | Jun 28, 2023 | Weekly Updates
Unlike most years there are no major changes to superannuation rules coming into effect from July this year. However one temporary Covid measure is being dropped meaning the rules will return to normal. The minimum payments that must be made from retirement pension...
by orange_office | Jun 21, 2023 | Weekly Updates
Inflation continues to be a central theme in Australian life. We must all find more dollars to meet the rising cost of living. The people most affected are those with variable rate loans, particularly large mortgages. Could inflation be a benefit to anyone? Is there...
by orange_office | Jun 7, 2023 | Weekly Updates
The end of the financial year is now very close. It’s time to action strategies that will save tax and improve personal finances. Superannuation related strategies require that contributions be in the fund on June 30. Anyone under age 65, whether working or not, can...
by orange_office | May 31, 2023 | Weekly Updates
Australian inflation has peaked and is declining. Unless there is a big wage breakout that should continue. Interest rates are also at or very close to their peak. Retail sales data shows the Australian economy is beginning to slow. How much will it slow? Some...
by orange_office | May 24, 2023 | Weekly Updates
Are interest rates at their peak? The Reserve Bank paused rates in April before raising a quarter per cent in May in anticipation of a spending-focused Federal Budget. The Budget was actually quite constrained, providing only limited extra welfare support. Inflation...
by orange_office | May 19, 2023 | Weekly Updates
July is a popular time of year to retire as unused annual and long service leave pay will be received in a new financial year in which taxable income will usually be low. Tax will be deducted from payments at source but will be refunded once tax returns are submitted....
