John Kavanagh
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Kavanagh

On Friday Treasurer Josh Frydenberg announced the terms of reference for a review of the retirement income system, which will look at the interaction of compulsory superannuation, the Age Pension and voluntary savings (including home ownership). We got some valuable…

Will disputes a waste of time and money

Three recent cases involving disputed wills, shed light on the rights of adult children in making claims on the estate of a deceased parent. Their claims have not gone well. Joshua Piercy received no provision from the estate of his…

Short-stay rental rules spelled out

New rules governing the short-stay rental market in New South Wales will apply differently to “hosted” rentals and “non-hosted” rentals. The New South Wales Government has issued a discussion paper outlining a draft planning policy, a code of conduct and…

The investment case for Domino’s

Domino’s Pizza Enterprises has disappointed investors over the past couple of years, after its long stellar run came to an end. One fund manager had recently added it to its portfolio. Domino’s was a market darling, much loved by fund…

Insurance bonds back on the menu

Insurance bonds are enjoying a revival, as high-income earners who are limited to putting $25,000 of concessional contributions into super each year, look for tax-effective alternatives. Generation Development Group reports that its Generation Life business sold $224 million of investment…

ATO cracks down on late lodgers

The Australian Taxation Office has sent out of reminder to SMSF trustees that new rules apply to late lodgment of annual returns next month. From October 1, if an SMSF is more than two weeks overdue on any annual return…

Kavanagh

The Government’s move to limit the amount of cash that can be used in transactions has attracted a surprising amount of opposition to what seems like a perfectly reasonable policy. Cash transactions of $10,000 or more will be banned under…

What stocks to hold to play the gold boom

Macquarie Securities’ commodities team issued a note last week saying it had raised its gold price outlook and that this had triggered earnings upgrades for the gold stocks it covers. It has re-rated a number of gold producers ‘outperform’. Macquarie…

Exploring simple corporate bonds

Financial services group Australian Unity has tapped the little-used simple corporate bond market, launching two new series bonds on the Australian Securities Exchange. The health insurer, fund manager, banker and retirement living group is seeking to raise a total of…

A-REITs are hot, so be careful

Fund manager SG Hiscock has shifted its listed property securities fund to a defensive stance, in response to the late cycle environment. Surprisingly, it favours retail REITs. Grant Berry, portfolio manager of the SGH Property Income Fund, says the A-REIT…