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 ›
For better or for worse? The Pension Asset Test Changes.
Long-mooted changes to pension eligibility have now come into effect from January 1 2017. Longer retired Aged Pensioners with dwindling assets will benefit from a higher pension payment. On the other hand, those more recently retired are likely to receive… 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 ›
IQ3 Corp is not to be confused with Foxtel’s latest entertainment sensation – an updated, more versatile set-top box. IQ3 Corp should change its name at listing in my opinion to avoid confusion. This new chum stock about to be… 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 ›
A Game Changing Interest Rate Cut?
Yesterday’s interest rate cut was just 0.25%, but it could be a market changing fill up needed to stimulate investment this year. This well-written article from the ASX website is reproduced here as it deserves to be widely read. Australia Cuts Interest Rates — 2nd Update By… Read More ›
Sector guessing for 2015
A “top-down” methodology may increase the quality of stock-picking, but there is no guarantee that last year’s outperformers will be winners the next year. Indeed the most profitable securities are often those that have previously under-performed, and have been over-sold. This post presents the charts of… Read More ›
What is so negative about negative gearing?
What is negative gearing and why use it? In negative gearing, expenses in excess of income can be written off against other income. To the best of my knowledge, the full cost of capital is accepted as a legitimate expense… Read More ›
A super idea for the benefit of first home buyers.
Independent Senator for South Australia Nick Xenophon is far from being a one issue politician suggested by the title ” No Pokies Party”. He is renowned for having sensible positions on the issues of the day, for his integrity, and for championing the causes of ordinary Australians…. Read More ›
Does Australia need an advisory committee to take an overview of its superannuation reserves?
Australia has about $1.5 billion in pooled members’ superannuation balances. Whose responsibility is it to reduce the disastrous losses of savings from corporate failures. Maybe there is nothing we can do to prevent them. Maybe we just don’t have the resolve to bring in… Read More ›