‘I’m selling now to beat crash,’ says disillusioned property investor

Allan Smith with his eight-year-old daughter Eva at his investment property in Helensvale.  Paul Harris By Duncan Hughes   21 January 2019   Australian Financial Review Allan Smith, a Queensland corporate accountant, is selling the investment property he bought 10 years ago because he is “tired of losing money” and wants to get out before there is a market…

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…

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…

Independent Financial Advisers benefiting from Royal Commission fallout

The Royal Commission has seen a distinct shift from bank-aligned financial planners towards independents, according to Adviser Ratings managing director, Angus Woods. Speaking on a panel at the Association of Superannuation Funds of Australia (ASFA) conference in Adelaide, Woods said that his company had noted an upturn in inquiries about financial platforms, with activity doubling…