Aged care in Australia has recently gone through some key reforms. We look at what the main changes are and why it’s more important than ever to plan ahead for care of loved ones. Our ageing population On 1 July 2014, the Government launched a whole raft of changes to aged care as well as […]

Everyone will be familiar with the Global Financial Crisis (GFC).  In many parts of the world economic growth was buoyant up until late 2007, but the tide turned and by September 2008 the global financial system was close to collapsing.  Exposure to complex AAA rated investments (which turned out to be backed by poor quality […]

Through the forty years between 1985 and 2004 the G7 economies of USA, Germany, Japan, France, Italy, UK and Canada generated about two thirds of global growth. Underpinning this growth was the rise of a middle class – a social classification broadly meaning people with a desire to live a comfortable life. This translates into […]

What does “Brexit” mean for you? The decision made by voters in the United Kingdom (UK) at the end of June to leave the European Union (EU) – known as “Brexit” – had an immediate and momentous impact on financial markets across the globe.  The UK leaving the EU is one of the most significant […]

New ATO Penalties for Self-Managed Super Funds The ATO has introduced new penalty powers which it can impose on you if your fund breaks certain superannuation rules. The new rules apply from 1 July this year and allow the ATO to fine you and require you to rectify the mistake that has been made.  They […]