Shocks, Surprises, Stumbles and Tumbles…. And then a welcomed uplift leads us all firmly racing towards the end of the global economic turmoil of 2016. Our proud mantra here at Salt Financial Group is ‘to confidently lead you through financial and economic complexities’ by continuing to provide our professional financial guidance and support to you, our valued clients.

You don’t have to look too far through the news today to find people who have been at the mercy of natural disasters, usually of epic proportions. Earthquakes, bushfires, floods, these events can wipe out entire towns with little or no warning.

Of course, everybody hopes this will never happen to them, but are you prepared if the unthinkable was to happen?

How good accounting can save the world

On Wednesday 9 November 2016 the Government introduced its superannuation legislation which makes changes to the superannuation laws it originally announced in the 2016 Federal Budget.

Most of these changes will apply from 1 July 2017 so it might be sensible to for you to start thinking about how your superannuation will be impacted by the changes now and whether you might need to change any of your SMSF’s arrangements.

While the uncertainty associated with a Trump presidency is likely to be the major brake on equities markets, there are also concerns that, if passed, the combination of tax cuts and trade policies would see US budget deficits increase and the economy hurt by retaliatory trade actions. In the short-term, the US Federal Reserve is likely to delay interest rate increases including the potential December hike, in response to the renewed uncertainty.