Business owners wanting to buy a vehicle, asset or important piece of equipment and immediately write off the full cost have just over a month to act. Read More
More Australians (and permanent residents!) will soon be eligible for a leg up into the property market under an expanded Home Guarantee Scheme. Today we’ll run you through all the upcoming changes to the low deposit, no lenders mortgage insurance scheme. Read More
You’ve probably heard the term “fixed-rate cliff” bandied about in finance news feeds. But what is it? And if you’re about to head over it, how can you prepare for a soft landing? Read More
Anyone who knows me knows that generally when I err it is on the side of caution so for the last few weeks I’ve steered clear of making any aggressive predictions on stocks and sectors due to the unstable nature of the market around reporting season. I will obviously note the ratings agency Moody’s downgrade of their view of the banks (to “negative”) which provides validation for our War on Banks thesis a few weeks ago. Moody’s sees slower growth, higher household debt and continued economic transition as being significant headwinds for the banks. No doubt however, knowledge is strength and the banks will somehow shrug off any and all negativity and march on as usual. More likely, they will continue to trade in this sideways range until something fundamental changes in the narrative of the Australian Banking Sector. (read: Royal Commission)
As the End of Financial Year is near it is important to consider any last minute strategies that can be used to ensure you make the most tax effective decisions for your situation. Below we have outlined some of the issues worth considering, however we recommend that you speak with your adviser to ensure that the most effective strategy is used for your particular circumstance.
Earlier this year VFS offered an opportunity to invest in Proteomics International Laboratories Ltd.
PIQ today announced Ground-breaking Predictive Test for Diagnosis of Diabetic Kidney Disease.The test, called PromarkerD, is the world’s first proteomics-derived predictive test for the condition.
Sometimes the Australian market has an ability to fall despite what the rest of the world is doing. We have been on the end of some serious selling since the start of May – our market was down over 9% at one point. During the same period of time the FTSE was down 4% and the Dow Jones was down 3%.