Opinion piece written by John Maroney, CEO, SMSF Association First published in The Financial Review on 15 October 2020. Licensed by Copyright Agency. Small businesses and families with pooled assets could find extra flexibility as well as lower fees by taking advantage of the relaxation of the size limit. The federal government has introduced legislation…
The 2020-21 Federal Budget is all about jobs, jobs and jobs. COVID-19 has resulted in the most severe global economic crisis since the Great Depression. This Budget provides an additional $98 billion of response and recovery support under the COVID-19 Response Package and the JobMaker Plan. With the budget focussed on supporting small business and…
The Economic Recovery Plan for Australia is all about jobs The 2020-21 Federal Budget is all about jobs, jobs and jobs. COVID-19 has resulted in the most severe global economic crisis since the Great Depression. This Budget provides an additional $98 billion of response and recovery support under the COVID-19 Response Package and the JobMaker Plan.…
For income investors, a more important question may be; how does my future cash flow stack up now I know more following reporting season? Welcome to our third instalment this financial year and the first following a reporting season telling us a little more about how companies have fared during COVID-19 as they report their…
The 2020-21 Federal Budget to be handed down on 6 October will be one of the most crucial in Australia’s history. The Budget will provide a further update on the economic and fiscal impacts of the coronavirus in Australia and is expected to set out the path to economic recovery. September 2020 The 2020-21 Federal…
Welcome to our second instalment for the new financial year. We continue to see markets, while volatile, trend up with equity markets in the USA reaching new highs. While in Australia we are seeing results season provide insight to how companies have fared through the pandemic. Some commentators are suggesting that markets may be running…
Written by Mary Simmons, Technical Manager, SMSF Association As you may be aware minimum pension payments for the previous financial year and the current financial year have been halved for account based pensions, including transition to retirement income streams and market linked pensions. The good news is that as a result of this change, you…
Opinion piece written by John Maroney, CEO, SMSF Association First published in The Financial Review on 12 August 2020. Licensed by Copyright Agency. Its risk-return profile, capital growth, steady income and, in some instances, low risk, dovetail with self-managed superannuation fund income goals. Infrastructure has been earmarked by the federal and state governments to do much…
As I welcome you to the start of a new financial year, above all, I trust you, your family members, friends and colleagues are all in good health. Beyond your personal heath an important consideration for many at this time will be the health of their SMSF and its investment portfolio and I’m guessing that…
Setting up an SMSF can be complicated. Not getting it right can materially affect your financial situation and retirement plans. The first question you need to be sure about is whether an SMSF is the right fit. Seeking advice from an SMSF Specialist can help you determine this answer. Some considerations include: Do you have…