News

With the end of the financial year fast approaching, it’s a great time to build and protect your wealth in a tax-effective manner.

You’ll have to take action before 30 June to benefit from some of the opportunities available this year. But there are a number of things you can do after 30 June too.

We have outlined 13 strategies to create tax advantages for this financial year and beyond.

Statement by Glenn Stevens, Governor

At its meeting today, the Board decided to leave the cash rate unchanged at 3.0 per cent

With a General Election now scheduled for September 14th, we have about eight months of ‘poll’ dancing to send us all into a dizzy tailspin. Whoever wins the election has a big job ahead to restore confidence among both consumers and businesses. The next eight months will do little to help confidence as there will be claim and counter claim – and no proof until after the election. Monetary policy lost its mojo in 2012 as seemingly more people lost (through savings) than gained (through mortgage holders being only 1/3 of the population and they typically do not tend to reduce their repayments). If a strong government – with a decent majority – is elected, then it could well be off to the races. But will the first nine months of 2013 be bad? We just scored about 5% on the ASX 200 in the first month but the market that keeps on giving will not do so without some sort of correction.

Infocus Wealth Management CEO Rod Bristow is thrilled with ifa Magazine’s latest assessment of the dealer group.  Infocus has jumped four places in the last 12 months and is now ranked number 26 within the Top 50 dealer groups nationally.