Falling interest rates and your investments
The Reserve Bank of Australia (RBA) reduced the official cash rate by 0.25% last month, with the intent of jumpstarting Australia’s economy. With the official cash rate now at a record low of just 1%, it’s important to consider the implications for investors.
Why your business is your most important asset
If you own a business, then it should be a primary focus of your financial profile and wealth creation strategy. Good business advice is probably the most important advice of all and can have significant impact on your personal tax planning and investment strategies.
Negative Gearing and Shares
A common misconception with negative gearing is that it can only be used for property. False. Negative gearing can be used for any asset where some or all the purchase price is borrowed.
A Guide to Negative Gearing
Not only can negative gearing form a part of a wealth creation strategy, but also can deliver long term financial benefits & possible taxation concessions.
Top 8 Insights from the 2019 SMSF Benchmark Report
Self-managed super funds often come into consideration during financial planning, particularly for high-income earners. Here’s a quick run down of the top 8 insights from the 2019 SMSF Benchmark Report released by Class in March this year.
Positive Gearing into Property
Positive gearing lets you make a profit on your investment from day one. Provided there is no capital loss, this can be a great way to make money. Problem is: everyone else has thought of that, too. Positive gearing a decent property investment is hard.
Opportunity Cost
There are two ways to think about the price of anything. The first is the number of dollars it would cost to purchase that thing. The second is to think about what else we could spend our money on. This is called ‘opportunity cost’ and it is always worth remembering when you make a purchase.
Guide to Preparing a Medical Practice Business Plan
This Guide to Preparing a Medical Practice Business Plan has been developed to assist both doctors and practice managers understand the potential of their practices. It contains numerous practical tips and advice and identifies the main issues connected to planning and successfully running the practice. It has been identified as an area where practice managers and doctors alike have a keen interest, and a lot of important information is contained in the guide.
What is a SMSF?
Superannuation, or ‘super’ as it is more often known, is a cornerstone of most people’s personal financial management. Learn more about self managed super funds within this comprehensive article.