CBA Economics: Retail trade subdued in May

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Retail trade grew by 0.1% in May to stand at a lacklustre 2.3% higher through the year. Spending was strongest at department stores and on clothing and footwear. Subdued retail... Read more continue reading

Video: Eyes on super – the measurement of super

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The first of many issues under SMSF Professionals’ Association of Australia (SPAA’s) magnifying glass as part of the Eyes on Super campaign is the measurement of superannuation tax concessions. According to SPAA, the current... Read more continue reading

AFA Welcomes Certainty on Conflicted Remuneration, Grandfathering and TASA

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The Association of Financial Advisers (AFA) has welcomed the release of the finalised Grandfathering regulation and the passing of the Tax Agent Services Act (TASA) amendments in the Senate. Brad... Read more continue reading

CommSec: Interest rates held steady…for now

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Reserve Bank Board meeting The Reserve Bank Board has left the official cash rate at 2.75 per cent for the second straight month. In May the RBA cut the cash... Read more continue reading

Banks the canary in the coalmine when it comes to bonds

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Positive outlook in Asia while Europe, UK lag When it comes to the outlook for bond investing, the Asian story continues to appeal. And the banks are playing a starring... Read more continue reading

Exit, entry and overshoot: 2013 outlook mid-year update

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Ever-larger doses of monetary stimulus, spiced with a touch of complacency about risk, have driven up asset values around the world, while June’s market volatility provided a reality check for... Read more continue reading

BT to refund customers after review of fees disclosed and charged

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BT Financial Group (BT) will refund customers after it discovered that some of its Wrap and SuperWrap customers have been paying adviser fees in excess of disclosed percentage ranges. In... Read more continue reading

FPA members in shape for FoFA

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Feedback from FPA members shows satisfaction with FoFA campaign With the Future of the Financial Advice (FoFA) reforms kicking off today, the Financial Planning Association (FPA) members have been at... Read more continue reading

Amendments to the Excess Contributions Tax get thumbs up from SPAA

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The SMSF Professionals’ Association of Association has welcomed the passage in the Senate of the Government’s amendments to the Excess Contributions Tax regime to allow refunding of excess concessional contributions.... Read more continue reading

The year that was: 2012/13

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Commsec has released its review of the 2012/13 financial year highlights. In summary: The European debt crisis eased in the early part of 2012/13, after the European Central Bank acted... Read more continue reading