Shorten’s 6 big tax slugs to hit Aussie middle class

By Paul Rickard  January 10, 2019 In a little over four months, Australians are set to elect Bill Shorten as their 31st Prime Minister. He will lead a left of centre, anti-business Government that will slug millions of Australians with higher taxes. Those impacted will include investors, self-funded retirees, small business entrepreneurs, professionals, managers and savers.…

The 20 Commandments of Wealth for Retirees

By legendary financial adviser Noel Whittaker 1. Ignore the prophets of doom – they are always with us and usually wrong. 2. Make sure your children have adequate insurance. It’s much more affordable than your funding their misfortune. 3. Understand compounding, and appreciate that the rate of return your portfolio can achieve will be a major factor in how long your…

What two investing insights would you give your 20-year-old self?

Hamish Douglass, Magellan Asset Management Hamish Douglass My central advice would be that successful investing is about finding and then owning for the long-term companies that can generate excess returns for years to come. It’s not about looking for stocks that might come into short-term favour on stock markets. The worthwhile companies to own for…

RBA in ‘uncharted territory’ on falling house prices

By Matthew Cranston  7 Dec 2018  Australian Financial Review The Reserve Bank is in “uncharted territory” when responding to falling house prices and can only wait and see what happens to weaker consumption over the next few months to get a clearer view on economic growth according to deputy governor Guy Debelle. Dr Debelle told economists at the annual…

Blended families: how to look after second spouse and not risk kids’ inheritance

  By Brian Hor   7 Dec 2018  Australian Financial Review Many modern households are blended families, in which it’s not unusual to have stepchildren of one of the parents in the couple. Often the household starts out as a “traditional” family with two people who are both the parents of the children. Then one of them…

Negative Gearing – Investment must stand on its merits

By Noel Whittaker   25 Nov 2018  Sunday Times Borrowing for investment is back in the news. Shadow treasurer Chris Bowen’s office has confirmed that Labor’s proposed changes to negative gearing will apply to all assets, including shares and managed funds — with the exception of new residential property. It’s a highly controversial policy. Aussie Home…