With the Labor Party announcing a week ago its intention to save an estimated $59 billion by abolishing cash imputation credits on dividend income, those saving for, or in retirement, might justifiably question the wisdom of putting their surplus funds… Read More ›
Community Issues
Should asset wealthy retirees receive cash imputation credits when they pay little or no income tax?
This question is looming as a key issue for voters at the next federal election. Abolition of such payments from the tax office is a smart suggestion from public policy think tank, Melbourne’s Grattan Institute, originators of another Labor policy… Read More ›
Self-Trumpeting Trump
(28 January 2017, AFR, p10, by John Kehoe) ‘Donald Trump’s first week in the Oval Office has been marked by a mix of mayhem, decisive action on core election commitments and brazen brinksmanship. President Trump squabbled over the size of… Read More ›
Australia’s improving economy?
Australian economy grows 0.6 per cent in December quarter 2015 Australia’s GDP, in seasonally adjusted chain volume terms, grew 0.6 per cent in the December quarter 2015, according to figures released today by the Australian Bureau of Statistics (ABS). The… Read More ›
Labor increases Property Market Uncertainty
Opposition Leader Mr Bill Shorten, at the NSW Labor conference 13/2/2016, well in advance of the forthcoming federal election, committed a Shorten Labor government to abolishing negative gearing except on new housing from the 1st July 2017. He also announced… Read More ›
New Look Reverse Mortgages!
Disclaimer: This post is written as a consumer, and does not purport to be an authoritative guide to the topic of reverse mortgages for retirees. It seeks to stimulate the interest of fellow retirees and assumes that they will do… Read More ›
Government’s compassionate inclusion of melanoma drug Keytruda on the PBS.
http://www.abc.net.au/news/2015-06-28/melanoma-drug-listed-on-pbs-saving-patients-thousands/6578554 Cancer treatment celebrated as ‘amazing break-through’ Australian businessman and former Melbourne lord mayor Ron Walker, who accessed the drug from the United States under a test scheme, said the treatment saved his life. “I was a walking person that… Read More ›
Super-duper Industry Super
The former master of party polemic, Paul Keating, made an unexpected return to the political stage he once dominated, two weeks ago. It only took what seemed an inoffensive call by Treasurer Joe Hockey to debate dipping into superannuation savings to… Read More ›
A geriatric view of superannuation.
This blog has published several posts on superannuation in the last three years some suggesting consideration of the Canadian system of provision for retirement. A Mercer Consulting Report was quoted in the Australian, and referred to in my post August… Read More ›
TNG – Looks Ahead!
Posts December 13, 2014, and January 15, 2015 on TNG Limited focused on technical analysis. The share-price was then languishing just above support at 7.5 cents, below the 10 cent issue price of a $5.5 million capital raising…. Read More ›
Technically Speaking 