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.

Friday, August 08, 2014

The Board of the Reserve Bank of Australia (RBA), as expected, announced that official interest rates will be kept on hold at 2.5%.

Friday, August 08, 2014

An alternative investment is an investment product other than traditional investments such as stocks, bonds or cash. Most alternative investment assets are held by institutional investors or accredited, high-net-worth individuals because of their complex nature, limited regulations and relative lack of liquidity. Some of the more common alternative investments strategies real estate investment trusts, hedge funds, managed futures, private equity, venture capital, and limited partnerships. Wine, art and antiques, indeed any business of value, might also be considered as an alternative investment.

Friday, August 08, 2014

According to the Actuaries Institute of Australia, an individual aged 65 and now commencing retirement will have a life expectancy of 21 years for males and 24 years for females.  The Institute also noted that one in three individuals now entering into retirement should attain age 90 and one in five will attain age 95.

Friday, August 08, 2014

WLM is pleased by the response of attendees to our recent presentations on Objectives Based Investing. If you were unable to come to one of these, and are interested in attending a presentation in the future, please give us an indication of your availability as we plan for more.

Friday, August 08, 2014

Latest economic data from around the world show growth continuing to improve in the US and China, but remaining soft in Europe. In Australia, the labour market figures for June showed a 15,900 gain in employment but this was entirely due to an increase in part time jobs while full time jobs actually fell by 3,800. The unemployment rate rose from 5.9% in May to 6.0% in June, which was a worse result than generally expected. The headline CPI rose 0.5% in the June quarter which was in line with expectations. This brought the annual inflation rate to 3.0% compared with 2.9% in the March quarter. Underlying inflation rose 0.7% in the June quarter to 2.8% in year-on-year terms, compared with 2.7% in the year to the March quarter. These annual figures are towards the top end of the Reserve Bank’s 2% to 3% target range.

Thursday, July 03, 2014

The primary goal of objectives based investing is the achievement of a particular outcome, usually a real rate of return, which is simply the return relative to inflation.

Friday, March 21, 2014

A new association has been formed to help advisers incorporate real return strategies in their businesses and provide practical guidance in the areas of regulations, insurance, portfolio construction, implementation and administration.

Thursday, February 20, 2014

WLM is excited to be able to offer clients an innovative bookkeeping service called Xilch.

Thursday, February 20, 2014

The Government has released the 2013-14 Mid-year Economic and Fiscal Outlook (MYEFO), which includes, among other changes, clarification on 92 tax and superannuation measures that were announced, but not legislated, by the previous Labor Government.

Thursday, February 20, 2014

Objective based investing is an alternative approach to investing other than using Risk Profiling and Strategic Asset Allocation (SAA).