by admin | Jul 29, 2021 | First Home, Housing, Investing, RBA
Veteran stock picker Hamish Douglas (of Magellan) sees no shortage of the risks including that covid-19 mutations could render current vaccines ineffective. The spread of the Delta variant from Australia’s most populous city to other states hasn’t worried the equity...
by admin | Jul 27, 2021 | Federal Budget, Investing, Superannuation, Tax
The Superannuation Co-contribution Scheme started in 2003/04 to encourage us to make personal contributions to superannuation. It was targeted at low to middle income earners and has been improved progressively since then. In 2018-19, more than 329,000 Australians...
by admin | Jul 22, 2021 | Investing, Lifestyle, Tax
His words might have been recorded over 200 years ago, but Benjamin Franklin’s famous uttering “in this world nothing can be said to be certain, except death and taxes” remains as true today as it was in 1789. The one thing that has constantly changed is tax law, and...
by admin | Jul 21, 2021 | Investing, Superannuation
It’s easier to show how this works, than explain it. Here’s an example of investing $250 a month for 12 months into a hypothetical managed fund. Month Unit price Units Purchased 1 $3.00 83.33 2 $2.80 89.29 3 $2.50 100 4 $2.60 96.15 5 $2.10 119.05 6 $1.98 126.26 7...
by admin | Jul 7, 2021 | Economics, Housing, Interest Rates, Investing, RBA
Employment surprise JobKeeper was a cornerstone of Australia’s response to the coronavirus pandemic. It provided millions of Australians with an ongoing income and kept thousands of businesses afloat, so when it came to an end in March expectations were that there...
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