Latest News

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.

Tuesday, December 04, 2012

The RBA today announced another interest rate cut to a 3 ½ year low of three percent (3%) as a buffer against weak commodities and a slowing economy. Some economists are expecting this to be the last cut in the current economic cycle.

Tuesday, December 04, 2012

One of the quickest ways to improve business efficiency is through utilising technology.

Tuesday, December 04, 2012

Buried deep in the Government's Mid-Year Budget and Fiscal Outlook papers there is an announcement that will bring a major smile to the faces of SMSF trustees. Until now, in the absence of an eligible reversionary pension beneficiary, pensions ceased on the death of the member. The subsequent sale of Fund assets to pay out the requisite lump sum benefit then occurred in the accumulation stage resulting in a net 10% capital gains tax bill based on the original purchase price of the asset. Some Funds in the past have suffered substantial tax much to the chagrin of the lump sum beneficiaries.

Tuesday, December 04, 2012

With the recent change to China’s leadership the following article entitled “China’s Growing Pains” gives an excellent overview to help understand what its position currently is.

Tuesday, December 04, 2012

Jerry Miccolis, co-author of “Asset Allocation For Dummies” and chief investment officer at the wealth advisory company Brinton Eaton in New Jersey, has shared his list of 10 mistakes investors should avoid. According to Mr Miccolis these are:

Tuesday, December 04, 2012

Recently a number of clients have contacted WLM in regards to a tax refund being offered by the ATO. This is a scam and the Tax Office has had a warning about this on the website for over 5 years.

Tuesday, December 04, 2012

Generally, infrastructure assets are natural monopolies that provide an essential service to the community. Infrastructure assets offer investors protection from the impacts of inflation because their earnings generally have some direct linkage to inflation.  Over time the stable, reliable earnings of infrastructure assets are expected to lead to a combination of income and capital growth for investors.

Tuesday, December 04, 2012

Claim deductions on outdoor structures and save tax

Tuesday, October 02, 2012

The RBA announced their fifth rate cut in 12 months. A further official cash rate cut of 0.25% lowers the official rate to 3.25%p.a., the lowest in three years.

Monday, August 27, 2012

The ATO has introduced new measures on 7 August which are part of the suite of measures announced within the Stronger Super legislation.