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Kavanagh

In the lead-up to this year’s Budget there will be plenty of speculation about whether the Government will cut personal income tax rates. Prime Minister Malcolm Turnbull put the issue on the agenda in November, when he said that any…

Kavanagh

Residential dwelling investment may have peaked in the current property market cycle, according to the Reserve Bank, which reports that investment in the sector is lower than in late 2016. According to the latest RBA Statement on Monetary Policy, residential…

ATO targets work-related claims

Incorrect claims for work-related expenses are in the tax office’s sights this year, with car, travel and clothing expense claims high on the hit list. Over the past couple of weeks both the ATO commissioner Chris Jordan and assistant commissioner…

Forager Australian Shares Fund one for the contrarians

Independent Investment Research has initiated coverage of the Forager Australian Shares Fund, giving it a ‘recommended plus’ rating for its ability to produce superior risk-adjusted returns consistently over a long period. IIR says that with its focus on small caps,…

Graeme Colley Blog

The treatment of death benefits rollovers under the new transfer balance cap has been a sleeper, with most people thinking about the $1.6 million transfer balance cap. The issue is that if their partner dies the death benefit will be…

Take care with life insurance comparison sites

Most product comparison websites providing life insurance product information receive commissions that are little different from the commissions paid to financial advisers, yet they do not offer anything like the same level of service, according to new research. Rice Warner’s…

Nick’s Corner

No matter what you are investing in, or how complex your structures are, there’s an easy way to lift your returns, by including a simple process as part of what you do. Using this organised process it should be possible…

ATO reminds super fund members to check their contributions

The Australian Taxation Office has been issuing reminders to taxpayers, telling them to check the amount of pre-tax (concessional) contributions they are making to their super funds, ahead of changes to the contribution rues on July 1. Under the current…

ATO targets aggressive SMSF tax planning

The Australian Taxation Office has issued a warning to self-managed superannuation fund trustees that it will crack down on trustees using tax planning mechanisms to divert business or personal services income into their funds to reduce tax. Kasey Macfarlane, ATO…

IPO watch: High-yield ETF offers access to corporate bonds

Investors looking for a better yield than those offered on term deposits or government bonds now have the opportunity to invest in high-yield corporate bonds, following the launch a new exchange traded fund. Fund manager VanEck Australia has launched a…