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Australia in a nutshell
The following information is derived from ABS data.
Most Aussies shun super advice
Less than 30 per cent of Australians have sought advice on a financial matter, including superannuation, in the past two years, new research has revealed.
More withdrawals from ‘the bank of mum and dad’
Think about what has happened in the six months since Treasury secretary John Fraser spoke of his concerns for retirement savings of parents who help their children into housing by making withdrawals from "the bank of mum and dad".
Tax headache relief: Here’s more help with pension assets changes
Let’s take a look at a practical example of how the new capital gains tax relief will operate for pension assets.
ATO set to release guidance targeted for SMSF clients
In the coming weeks, the ATO will be distributing letters and guidance notes designed to help practitioners explain issues relating to the superannuation reforms to clients, says a technical expert.
2011 Census – what was the make up of your area?
The following link is a handy ABS tool if you want to see the demographic make-up of the area you lived as recorded in the 2011 Census. 2016 Census information starts becoming available from June 2017.
Life’s financial turning points: good and not-so-good
The marriage and divorce statistics for 2015 sadly suggest that 43 per cent of Australian marriages may end in divorce. Significantly, this number-crunching does not include separations of de facto couples.
Global economy synchronised and thriving
The global economy has maintained steady growth in the second quarter of 2017, providing a solid foundation for risk assets such as equities and corporate credit which further encourages investors to build a diversified portfolio, according to JP Morgan.
Almost the world’s best for retirees
What are the best countries for a comfortable retirement? What countries have the best retirement-income systems? It seems the answers to these questions are rather positive for Australian retirees.