News

AMP gets amped up – not for the faint-hearted though

August 2019 | Investments
AMP posted a $2.29 billion first-half loss on the back of a $2.35 billion impairment for a large-scale overhaul of its slimmed-down operations. The banking and financial services company, which has plummeted in value since being hammered at last year's royal commission, has announced a $650 million capital raising at $1.60 per share, to...
Read More

Share Prices are down, what should I do? – Don’t waste the Downturn!

August 2019 | Investments
If there is one thing that is certain in life, it is uncertainty. Back in February 2018, we posted about the sell-off in global stock markets, not because of any inherent structural problems but due to a decent leap in US wage growth, which saw bond yields jump in a knee-jerk reaction. Since then...
Read More

Crown Resorts, Money Laundering Allegations and Visas for Wealthy Chinese Punters

July 2019 | Investments
It’s not often we get to write a headline like this. We’re sure no one is surprised to hear that Crown Casino tried to lure high rolling Asian gamblers to their casinos. What we find astounding is that the government has ordered an investigation into the Commonwealth Authorities that granted the Visas and Crown...
Read More

How do you find income in a world of low interest rates?

July 2019 | Investments
Why we still love dividends and you should too! Australian companies pay out more of their earnings as dividends than overseas companies. That’s great for Australian shareholders, but some are arguing it’s a drag on the growth potential of the Australian economy; they say companies are paying out dividends rather than paying workers and...
Read More

Special Report: Who is driving the world economy and global markets?

July 2019 | Investments
June 2019 has been a good month for share investors, who prefer to be richer rather than poorer. And who do we have to thank - the usual suspect, Donald Trump. Many market commentators are saying that there could only be two drivers of such significant buying in the US, and both were in...
Read More

Special Report: Why is Huawei in the middle of the US-China trade war?

July 2019 | Investments
President Trump and Chinese President Xi Jinping have called another “truce” on escalating the trade war (the third so far). We all know that this is a fragile peace, but the toning down is a welcome relief to markets. So how does Huawei (pronounced "wah-way") fit into all of this? The Wall St Journal...
Read More

Special Report: US-China trade and why retirees are the biggest losers

July 2019 | Investments
How did we get here? Talks between the two sides broke down in May after US officials accused China of pulling back from commitments it had made previously, just when negotiations were nearly finished. The US has accused China of allowing intellectual property theft and forcing US companies to share their technology with Chinese...
Read More

Technology, Tax and Going Electronic – Part 3

June 2019 | Accounting & Tax
Individuals: Going Electronic We’ve been hearing it a lot in the media recently that ‘everything is going electronic’ and this includes your ‘old fashioned’ PAYG Payment Summary which will no longer be issued by your employer from next financial year (ending 30 June 2020) onwards, and instead, all payroll data will appear in your...
Read More

Technology, Tax and Going Electronic – Part 2

June 2019 | Accounting & Tax
Businesses – the ATO is closing the gaps The ATO is now closing the gaps, and are honing-in on non-compliance by businesses. Single Touch Payroll is the latest change that is going to hit all businesses. In our view, this is the most significant change to business since the introduction of the GST. The...
Read More

Technology, Tax and Going Electronic – Part 1

June 2019 | Accounting & Tax
Big Brother is watching your Tax Moves! What it means for you! It's no secret that the ATO are working towards watching every move that individuals and businesses are making by using technology and data matching numerous and varied sources of information. Recent announcements by the ATO and the Federal Government will lead to...
Read More

Sign up to receive our latest Newsletter