News

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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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...
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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...
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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...
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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...
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