ATO prosecutes 1,500 for tax & superannuation offences

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The Australian Taxation Office’s (ATO) prosecution of more than 1,500 people for tax and superannuation offences sends a clear warning to tax cheats that they can expect to be caught.... Read more continue reading

Urbanisation – the move of the century

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Definition: To make a rural area more industrialized and urban, or to increase the migration from rural areas to cities. This concept of urbanisation is certainly nothing new to most... Read more continue reading

Automatic consolidation of low-balance accounts

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 From January 2014, the ATO will help super funds to auto-consolidate accounts with low balances by providing details of these accounts to members’ active funds. The information will be provided... Read more continue reading

Australian equity market preparing for lift off

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Lonsec’s Head of Equity Research, Bill Keenan, believes the Australian equity market is ready to rebound. “Lonsec has had a target of 5,000 for the All Ordinaries Index by the... Read more continue reading

The colour of money

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Banks have used a complex series of loans to create billions of dollars of new liquidity but have also made the financial system more unstable. Hypothetical collateral – that was... Read more continue reading

Stocks most likely to benefit from RBA rate cut

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The diversified financials, building materials, retail and media sectors of the Australian sharemarket are most likely to get a lift from the decision by the Reserve Bank board to cut... Read more continue reading

SISFA questions wealth tax: “surcharge reincarnated”

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The Small Independent Superannuation Funds Association (SISFA) has questioned the intentions of the Government in imposing a wealth tax on high income earners making superannuation contributions.  “If this goes ahead,... Read more continue reading

Multiport Investment Patterns Survey March 2012

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To get a closer insight into where SMSF trustees invest, Multiport undertakes an analysis of our SMSF’s investments each quarter to look at the up to date asset allocation and... Read more continue reading

Weekly economic & market update

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Europe is continuing to cause shockwaves in financial markets with increasing resistance to fiscal austerity (with the temporary collapse of the Dutch coalition Government and the Socialist candidate’s victory in... Read more continue reading

Rate cut all but certain after weak inflation data

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The Consumer Price Index – the main measure of inflation in Australia – rose by 0.1 per cent in the March quarter, well below expectations centred on a 0.6 per... Read more continue reading