by orange_office | Mar 6, 2024 | Weekly Updates
On 1st March the All Ordinaries Index of Australian share prices closed at a record high, above 8,000 points for the first time. That was a gain of around fourteen per cent over the last three months, though only eight per cent over the last year. Should we go...
by orange_office | Feb 27, 2024 | Weekly Updates
Bank deposits currently offer around five per cent interest. That is much more than a couple of years ago. However there is a fundamental reason why investments in property and shares will always earn higher returns over the long term than fixed deposits: if they...
by orange_office | Feb 20, 2024 | Weekly Updates
Superannuation has many tax advantages. There are concessions when people contribute, on the ongoing earnings in the fund, and when members retire. However, there can be a nasty tax surprise for some beneficiaries after the retiree passes away. The cost could run to...
by orange_office | Feb 13, 2024 | Weekly Updates
When inflation took off in 2021 the Reserve Bank knew it had a major project on its hands to get it back down to the 2 to 3 per cent target range. Its ultimate aim, several years later, would be to achieve an economic “soft landing”. That now looks likely. Inflation...
by orange_office | Feb 6, 2024 | Weekly Updates
The Government’s announcement that it intends to change the already legislated stage three tax cuts is worse than a broken promise. It is a breach of a contract between the legislators and the Australian people. In 2019 the Government developed a plan to give everyone...
by orange_office | Jan 30, 2024 | Weekly Updates
For many Australians this year’s new financial resolutions should include a review of their superannuation. The Government says we have over ten million unintended multiple accounts. As some have fixed minimum fees this means millions of dollars of duplicated fees....