The Senate has recently passed measures announced in the Budget in May 2015. New Asset Test cut-off thresholds for full payments have been announced as below: Benefit Recipient Old Threshold New Threshold Single homeowner $202,000 … [Read more...]
posted on July 29, 2015 by
The Real Value of Income from Shares
WHY SHARE INCOME CAN BE HIGHLY TAX-EFFECTIVE INCOME Term deposits and bonds pay predictable income at regular intervals. But the income they pay is fully taxable. Conversely, share income in Australia can be very tax effective because our ‘dividend imputation’ system means that if the company … [Read more...]
posted on July 8, 2015 by
Greek Financial Crisis 2015
The Greek financial and political crisis continues to run its course. Whilst the Greeks continue to not take responsibility for their own predicament, markets around the world have shown some volatility. Attached are two views on the current situation from Macquarie and Shane Oliver of … [Read more...]
posted on March 2, 2015 by
Six ways the latest rate cut could affect your budget
The recent cut to official interest rates by 25 basis points (or ¼ pf 1%) down to 2.25% pa could result in the following. Cheaper Home Loans and Increase in Property Prices All four major banks have now cut their standard variable mortgage rates. On the flipside, this can mean property prices … [Read more...]
