Earlier this month, AMP Capital's Shane Oliver provided his review of 2018 and outlook for 2019. His key points were: 2018 saw reasonable global economic and profit growth and still low interest rates but it has been a rough year for investors with worries about the Fed, trade wars and global growth causing volatility and [...]
In his annual address, Hamish Douglass discusses the key global threats that we need to watch out for, Magellan's performance over the past decade and stocks he believes are well positioned to benefit from global tailwinds. Click here to view the presentation video.
In another recent article, AMP Capital’s Shane Oliver looks at what has been happening with Australian house prices. The key points are: Property prices in Sydney and Melbourne are likely to see top to bottom falls of around 20% as credit conditions tighten, supply rises and a negative feedback loop from falling prices risks developing. [...]
This article looks at what has been happening in sharemarkets this month. The key points are: The current pullback in shares has been triggered by a range of things – but most notably worries about rising US interest rates and the US/China conflict. Shares may still have more downside, but we are of the view [...]
We have arrived at the perfect time of year to do a spot check and a spring clean of your finances. Here’s how! Some like to run a health check on their finances once a month. Others once a year. Many don’t have a regular pattern to ensure the progress of their financial plan against [...]
To give personal financial advice in Australia, you must hold an Australian Financial Services Licence. Our practice, Menico Tuck Parrish Financial Services Pty Ltd, is authorised to provide financial advice under a Licence held by Financial Wisdom Limited, which is a wholly owned subsidiary and part of the wealth businesses of the Commonwealth Bank. On [...]
Here are some simple but powerful tips to consider when building your retirement savings. Which ones will you add to your to-do list before the end of this financial year? 1. Make personal concessional super contributions What? Making personal pre-tax or ‘concessional’ contributions could be a great way to boost your super. However, concessional contributions [...]
What’s so super about super? You know we always go on about the benefits of using superannuation to save for retirement. That’s because Australians now have a higher life expectancy than ever before and it is unlikely that the government Age Pension alone will give you the financial freedom you want for the 20 [...]
Thursday 8 March is International Women’s Day – a time to celebrate what has been a remarkable year for women around the world. From the #metoo and #timesup campaigns to demands for equal pay, women are taking unprecedented strides in both the professional and public spheres. In this new era of female empowerment, however, there’s [...]
Franking Credit Proposal
The current tax system provides a tax credit for the Australian company tax paid on profits which are then passed through to investors along with the dividends. If your tax rate is less than 30% (ie you are retired and do not pay tax) then this credit is refunded to you by the ATO. Labor [...]