SMSFs with LRBAs ‘not penalised’ for capitalising interest

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Self-managed super funds (SMSFs) that have borrowed from a private company under a limited recourse borrowing arrangement (LRBA) will not suffer adverse tax consequences if the loan interest has been... Read more continue reading

Update from FASEA on the Financial Adviser Exam

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Since June 2019, the exam has been offered 10 times in person and online with 11241 candidates (89%) successful to date. The exam will be offered a further 5 times... Read more continue reading

Higher Aussie to soften petrol pump pain

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Petrol Prices; Used vehicle market; Household survey Fuel prices: Last week the national average price of unleaded petrol rose by 2.2 cents a litre to 131.2 cents per litre (c/l)... Read more continue reading

Weekly market update – week ending 19 February, 2021

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While Japanese shares rose over the last week, US, European and Chinese shares fell on concerns about the impact of rising bond yields on equity market valuations, particularly for high... Read more continue reading

Heritage engages EY to help deliver its Open Banking solution

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Heritage Bank has announced it will team up with leading professional services organisation Ernst & Young Australia (EY) to deploy a new Open Banking solution that will unlock opportunities for... Read more continue reading

Nuveen to acquire clean energy financing leader Greenworks Lending

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Nuveen, a leading global investment manager, has agreed to acquire Greenworks Lending, a national leader in Commercial Property Assessed Clean Energy (C-PACE) financing. The acquisition gives Nuveen a foothold in... Read more continue reading

FASEA update: Helping advisers prepare for the exam

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With five Exam sittings remaining for existing advisers to sit and pass the exam, FASEA draws advisers’ attention to support and materials available to assist their exam preparation. Pre-exam webinar... Read more continue reading

Iress chair succession

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Iress has announced that Iress chair Tony D’Aloisio will step down as director and chair of the Iress Board at the conclusion of the company’s Annual General Meeting on 6... Read more continue reading

Structural and cyclical influences driving focus on rising inflation

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The following are some comments from Steve Miller, an adviser at GSFM, on inflation and bond yields. He also looks at the minutes from the Federal Open Market Committee (FOMC)... Read more continue reading

Count Financial grows national advice network with three new firms

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Count Financial Limited (Count Financial) has announced that three new firms have joined its national network of advice businesses. Sydney-based advice firms Plan Protect and YS Financial Planning join Financial... Read more continue reading