With the polls seemingly pointing to an Australian Labor Party (ALP) victory at the coming Federal Election we thought it would be helpful to outline the key superannuation and tax changes the ALP has proposed to make if elected to Government. The impact will be significant and pervasive. With a number of the proposed changes due to commence from July 2019, these changes may materially impact your family’s financial strategy. It may make sense to seek further advice in the near term to determine what action may be required. [Read more…]
Asking the right questions and following a few key principles will help you adhere to your long-term investment plan and significantly improve your odds of long-term investment success.
A key to a successful investment experience is understanding how markets behave and developing the discipline to avoid rash decisions based on short time periods. The recent performance of the Australia and New Zealand share markets drives this home.
In addition to the summer holidays being a great time to wind down and relax with family and friends, it can also provide the opportunity to consciously reflect upon how you are spending your time. The longer people live and the longer they work, the more they appreciate that time is our most valuable resource and we never seem to have enough of it to do the things we want to do.
Here’s some good news for investors. With a few straightforward New Year resolutions and strategies, they can become better investors and better managers of their personal finances.