News

The RBA’s interest rate cuts don’t seem to be working – What next?

October 2019 | Finance
Part 1: The Background There is a lot of talk around Interest Rates in the media, on TV and everywhere at the moment. We have recently seen the Government announce that the consumer protection regulator, the Australian Competition and Consumer Commission (“ACCC”), will conduct an investigation of the banks and why they aren’t passing...
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Quarterly Finance Newsletter & Update – September 2019 quarter

October 2019 | Finance
Welcome to the spring edition! With the arrival of the warmer months traditionally comes an increase in property market activity. For those considering buying this season, in this edition we take a look at changes to credit reports, as well as revisiting the current home loan features you should be considering. Finally, we’ve got...
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Better than Game of Thrones!

October 2019 | Investments
How Many Kingdoms? A Brief Run Down of the Geopolitical Landscape. The world has always been challenged by geopolitics. The nature and magnitude of associated conflicts may transition and manifest across varying contexts but, broadly speaking, geopolitical risk is always present. The rise of widespread geopolitical issues comes at a time when the world...
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Rubbernecking and Investing

October 2019 | Investments
Ever been stuck on the freeway and don’t know why. Then you drive past a minor car accident (or even just a breakdown) and curse all the other drivers for slowing down to have a good look and causing the traffic jam that is totally unnecessary. That is, of course, after having slowed down...
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Settlement advice when needed most

October 2019 | Finance
Background AustAsia Group’s settlement agency Master Settlements was recently contacted by a young couple, who were in the process of buying a house. The couple were first home buyers and engaged Master Settlements to deal with the property settlement. As a part of our standard process, the couple provided us with a copy of...
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Is self-managing your investment property worth the hassle?

October 2019 | Real Estate
Background A client recently came to us for help as they were experiencing significant issues with an investment property they were self-managing. After meeting with the AustAsia Real Estate team (a division of the AustAsia Group), it became apparent that the challenges they were facing were beyond what we could have anticipated – including...
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When business growth leads to new tax challenges

September 2019 | Accounting & Tax
Background One of our client’s businesses has been steadily growing over recent years, and in addition to its Western Australian base has also now established offices in Victoria and New South Wales. As to be expected, with an expansion in business operations came an increase in the number of employees - and consequently a...
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How to turn a financial hardship situation into a financial success

September 2019 | Finance
Background A client of AAG’s had experienced the misfortune of being made redundant and many months later was still unable to find a new job. During this time, and with little to no financial buffer to protect them, our client was forced to take out numerous credit cards to fund their day-to-day expenses. With...
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Outstanding tax returns?

September 2019 | Accounting & Tax
Introducing AAG’s Extended Lodgement Program! If you’re yet to complete your tax return for last financial year or even the year (or years!) prior - don’t panic. While the ATO states that individuals must lodge all outstanding tax returns by 31 October 2019, AAG’s Extended Lodgement Program provides clients with a little breathing space...
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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...
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