We often get questions in a down market relating to industry super funds boasting positive performances and if this is all smoke and mirrors. Where should you be, an industry fund or in listed equities? This is a complex answer but in short: it shouldn’t matter.
Read MoreROE or ‘Return on Equity’ is a measure that financial analysts use to measure the financial performance of an investment by dividing the net income of a business by the total shareholders equity. It is used to help gauge how efficient a company is in generating profits. The higher the ROE, the more efficient a company is at generating income and growth from its equity.
Read MoreI caught up with a long-time friend of mine recently, we sat at a table and ordered a soda water and started catching up on what had been happening in the last couple of months.
We covered the usual topics, families are both good, work is busy, looking forward to a holiday and then he mentioned that he had just competed in a bodybuilding competition.
My mate had always been into his fitness but this was taking it to another level. When I asked him why his answer stuck with me.
He said, “I know that I enjoy the gym and I feel like I'm making gains, but until I get up on stage with competitors there’s no way I know objectively how I am going.”
Most business owners have a gut feeling about how well their business is doing. They look at their bank balance or the profit figure in their accounting software and get a warm fuzzy feeling (or cold sweat). But is that good enough?
Read MoreThe Australian share market closed out the financial year with the S&P/ASX 200 falling sharply by -8.8% and ten out of eleven sectors finishing lower.
Read MoreAs an employer of an Australian Apprentice, you may be eligible for financial assistance from the Australian Government to help with hiring, training and retaining an apprentice. Commencing on 1 July 2022, the Australian Apprenticeships Incentive System will build a more inclusive and sustainable economy, ensuring Australians receive quality training while in paid employment.
Read MoreIf you’re a wee bit over being told your avo on toast habit is the reason you can’t afford a home in inner Melbourne, you’re not alone. Rest assured, there’s no tut-tutting here. Only 7 simple tips for managing your money better.
Read MoreHistorically, markets have tended to lead the economy which is what we are seeing now...
Market volatility has persisted as markets are continuously recalibrating to price in forward looking inflation and the subsequent impact on interest rates and economic growth. We believe that this market volatility will persist until there is evidence that inflation has peaked and bond yields have stabilised. Bond yields have been rising, with US 10 year treasuries trading above the 3% mark and Australian 10 year bond trading above 4% in mid-June 2022 and we expect yield volatility to continue of over the next six months.
Read MoreAustralians who are buying or selling real estate are being urged to check the tax impacts or risk being slugged thousands of dollars.
There are capital gains tax and land tax timing issues that can affect people who hold multiple properties, and soaring house prices in the past two years have made its potential hit even more painful.
Read MoreSuper fund balances are set for another boost soon, but a vast majority of Australians are well behind where their nest egg should be to achieve a comfortable retirement.
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