We all get bombarded with information from every source possible and frankly, it's too much. Even if you haven't already flicked it into spam you probably don't have time to read it. We call it Information Overload. So, on this page we've selected big picture news items we think are relevant and of interest to our clients.
The ATO has today issued draft SMSF ruling 2011/D1 which explains key concepts relevant to the application of the limited recourse borrowing arrangement (LRBA) provisions.
Over the weekend, the deputy Prime Minister, Mr Wayne Swan, announced changes to the Financial Claims Scheme that guarantees deposits with Australian deposit taking institutions.
In the last few weeks we have seen sharemarkets around the world fall heavily, mainly as a result of concerns over sovereign debt issues both in the US and parts of Europe and also because of the economic statistics clearly
The final transaction size of A$6.0 billion (US$6.3 billion) has enabled BHP Billiton Limited to buy back 147 million shares, which represents 4.4 per cent of the issued share capital of BHP Billiton Limited.
As part of our commitment to look after our clients as much as possible WLM is really pleased to announce that we can now offer "Finance Broking" as a new service.
WLM Financial Services Pty Limited
ABN 82 079 145 298 AFSL / ACL No 232512
Level 12, 84 Pitt Street, Sydney 2000 | GPO Box 5025, Sydney 2001
T 02 9221 7777 | F 02 9221 7900