Way back in 2016 the government introduced a provision in their Superannuation Reform Package that allowed tax payers to carry forward any unused concessional super contributions. We commonly call it…
The answer is simple, Yes and No. Without being too obtuse, you cannot apply for and be granted an Australian Age Pension if you are not in the country at…
Updated 07 January 2024 Einstein is attributed with the phrase, ‘everything should be made as simple as possible, but not simpler’. When it comes to aged care fees, it seems…
The 2023 Budget is out now, although most of the detail had been well telegraphed over the last few weeks. The forecast for the 2023 financial year is that the…
This week saw Australian economists blind-sided by another 25 basis point (0.25%) interest rate hike from the Reserve Bank. The official cash rate now stands at 3.85%. Some fixed income…
An old fashioned bank run – accelerated by rumours that spread at internet speed and massive withdrawals – hit Silicon Valley Bank (SVB) on Thursday. Depositors pulled a massive $48…
The year 2022 was a stinker. In financial terms at least. The Russian invasion of Ukraine, leading to an energy crisis, resulting in rampant inflation, followed by central banks around…
This has been, by most accounts, a terrible year for markets. Global equities are down, bonds are terrible, and property prices are coming under pressure. So far it has been…
Jim Chalmers has delivered his first Federal Budget, but with many of the policy details having been pre-announced there were not too many surprises. Please remember the following budget announcement…
Stocks are in a bear market and with the energy crisis not improving, the odds are that many G7 countries are headed into a recession. Investor and consumer sentiment readings…