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.
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.
History tells us that financial recessions take a lot longer to work through than normal recessions as the deleveraging occurring in both the private and public sectors reduces the effectiveness of traditional government stimulatory measures. Furthermore, governments need to re-establish confidence in the financial sector as risk aversion causes the velocity of money (lending) to reduce significantly.
Did you know that the tax deductible superannuation contributions cap of $50,000, including salary sacrifice amounts, if you are 50 or older have stopped on 30 June 2012?
The Government has deferred the start date from 1 July 2012 to 1 July 2013 for some of it’s Stronger Super reforms for SMSF’s including the proposal to require related party transactions involving SMSF’s to be conducted through the market where one exists, such as listed securities.
From 1 July 2013 the following changes came into effect: