The Reserve Bank of Australia (RBA) has again this week cut interest rates to a record low of 1%. The basis for the interest rate cut is to spur on consumer spending, bank lending and employment growth. The RBA is hoping…
The Reserve Bank of Australia Governor, Philip Lowe, has opened the door for a further interest rate cut before the end of the year. In addressing an economic development event in Adelaide this week, Governor Lowe cited ‘spare labour capacity’…
Life Changing Events A read through the swathes of motivation literature will reveal that a ‘Life Changing Event’ is often the catalyst for other change in our lives. Some of these events can be positive; the birth of a child,…
Imagine playing a game of footy where you weren’t allowed to know the score. Coming down to the last few minutes, you have no idea who is winning or how close the scores are. Do you play conservatively? Do you…
Recently I woke up in the middle of the night in fright. I am 57 this year and during the day I was thinking about when I might retire, what that may look like and consequently what might I need…
You may have heard of investment bonds in your travels. Many think of them as unfashionable in the financial world of shares, ETF’s, managed funds, negative gearing and superannuation strategies. There can, however, be a place for them in the…
“Show me the incentive and I will show you the outcome’’ – Charlie Munger, Vice Chairman, Berkshire Hathaway. Charlie Munger, aged 95, is best known for his role as Vice Chairman of Berkshire Hathaway. As Warren Buffets right hand man, they…
2019 Federal Budget Analysis Treasurer Josh Frydenberg’s first Budget focuses on reducing the tax burden for the majority of working Australians, greater superannuation flexibility for retirees and a one-off energy relief payment for eligible income support recipients. Note: These changes…
The financial services industry is renowned for its use of jargon which may be unfamiliar to a lot of people. The following is an abridged version of an article in the Autumn newsletter from our Australian Financial Service Licencee: Futuro…
The likelihood of a Labor Government after this years Federal election is increasing with every Newspoll. The Australian Labor Party has been discussing their proposed policies for the past 12 months, which could have both positive and negative results on…
