BT – 0% or negative interest rates in Australia are a ‘distinct possibility’

By David Scutt,  BUSINESS INSIDER  13 May 2016 The fallout from Australia’s incredibly weak March quarter inflation report continues to ripple across financial markets. Following its release on April 27, the Reserve Bank cut official interest rates to 1.75%, the lowest level on record, and followed that up with a series of downgrades to its…

Budget 2016 – How to prepare for major changes to super

By Steve Blizard    8 May 2016   Treasurer Scott Morrison has announced the biggest shake-up to Australia’s superannuation system in a decade, with his pre-election budget targeting high-income earners while retaining concessions for the lowest paid. With many of the changes set to begin on July 1, 2017, such an array of unexpected large…

Pension reform is pointless unless homes are part of eligibility test

29 MAY 2016, By Adam Creighton, THE AUSTRALIAN   29 MAY 2016 The answer to Dante Crisante’s question about the pension, posed to Treasurer Joe Hockey on Monday night’s ABC Q&A program, is simple. Trade up to a more ­expensive home to insulate your assets from the government’s tighter planned assets test — thereby keeping the full pension…