ACCC scam report

ACCC scam report

Australians made more than 600,000 reports about scams in 2023 — about 18 per cent more than in 2022.(ABC News: Evan Young/Canva) . In short: Australians made more than 600,000 scam reports last year, losing $2.7 billion overall. Older people suffered the greatest...
Investment and economic outlook, April 2024

Investment and economic outlook, April 2024

Our region-by-region economic outlook and latest forecasts for investment returns.   . U.S. Consumer Price Index (CPI) data for March underscore the challenge faced by Federal Reserve policymakers as they try to guide inflation down toward their 2% target. Getting...
Connecting an adviser with your children

Connecting an adviser with your children

How parents and advisers can work together to manage intergenerational wealth transfers. . We’re told our time horizon shrinks as we age. This makes sense, because the closer we get to retirement, the less time we have left to accumulate wealth. And the nearer we come...
Australia’s debt service ratio ‘extraordinary’: CBA

Australia’s debt service ratio ‘extraordinary’: CBA

The change in the debt service ratio has been ‘extraordinary’, according to the major bank. . The Commonwealth Bank of Australia’s (CBA) latest report into the Australian household sector when compared to other countries has found that Australia’s debt-to-service...
Aged care report goes to the heart of Australia’s tax debate

Aged care report goes to the heart of Australia’s tax debate

The Aged Care Taskforce was asked to report on how to fund aged care around the country. In so doing, it took a side in Australia’s national tax ‘tragedy.’ . The Australian government commissioned an Aged Care Taskforce to report on how best to fund aged care. It...
Removed super no longer protected from creditors: court

Removed super no longer protected from creditors: court

A recent Federal Court ruling has found that the transfer of super from a husband to his wife’s superannuation account is no longer protected as an interest of the bankrupt in a regulated super fund under the Bankruptcy Act 1966. . Terence Wong, senior associate at...
The compounding benefits from reinvesting dividends

The compounding benefits from reinvesting dividends

Using income distributions to purchase additional ETF units can significantly compound capital growth and income returns over time. . If you invest either directly or indirectly in the biggest companies listed on the Australian share market, there’s a reasonable...
ATO investigating 16.5k SMSFs over valuation compliance

ATO investigating 16.5k SMSFs over valuation compliance

More than 16,500 SMSFs are being scrutinised by the ATO as they allegedly reported certain classes of assets at the same value for at least three income years. . These assets include residential and commercial property, unlisted companies and unlisted trust...
Investment and economic outlook, March 2024

Investment and economic outlook, March 2024

Region-by-region economic outlook and latest forecasts for investment returns. . The U.S. economy has proved resilient despite Federal Reserve (The Fed) efforts to cool it to rein in inflation by keeping interest rates elevated, as noted in a recent commentary by...