Quite often a discussion about the investment emotional cycle starts as markets tend to head south. I recall a number of media articles circulating earlier this year following the February market correction. The basis of these discussions is often to provide hope that after the crash comes the correction and it’s true to say, that…
Written by Peter Burgess, Deputy CEO / Director of Policy & Education, SMSF Association First published in smstrusteenews on 20 November 2020. Licensed by Copyright Agency. Despite the strict rules which prevent or severely limit such activity, there is often a tendency for SMSF trustees to enter into transactions with themselves or relatives using the…
Lisa Papachristoforos runs through some common SMSF misconceptions with the SMSF Association’s Deputy CEO/Director of Policy & Education, Peter Burgess, and explains what prospective SMSF members can do to be well informed about the industry. First published in Eureka Report on 10 November 2020. Licensed by Copyright Agency. Misconception 1: You are on your own My…
Opinion piece written by John Maroney, CEO, SMSF Association First published in The Sydney Morning Herald on 10 November 2020. Licensed by Copyright Agency. Eight out of 10 Self Managed Super Fund (SMSF) trustees believe the cost of running their own fund represents good value for money. An SMSF Association survey found that trustees responsible…
Opinion piece written by John Maroney, CEO, SMSF Association First published in The Financial Review on 6 November 2020. Licensed by Copyright Agency. With COVID-19 having moved the goal posts even more dramatically than the GFC, failure to keep up with the changes will be costly. The COVID-19 pandemic has affected everyone’s lives and SMSF…
In our last instalment, we took a look at reporting season and asked how your SMSF portfolio survived? In that instalment, we looked at how there may be a two-tier reporting outcome for companies and sectors with some doing well and others not so well; introducing the concept of the ‘K’ shaped outcome. By now…
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 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…
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…