This note looks at the resurgence in the Australian dollar, which has now recovered almost half of its global financial crisis driven slump. The key points are as follows: – The rebound in the $A reflect a combination of renewed $US weakness, stronger commodity prices and the relative strength of the Australian economy. – Notwithstanding [...]

The ATO have recently issued a final ruling (SGR 2008/2) that updates their interpretation of both ordinary time earnings (OTE) and salary and wages for Superannuation Guarantee (SG) purposes. This ruling comes into effect for payments made to employees in the quarter beginning on 1 July 2009 and all later quarters. It replaces previous rulings [...]

Make a personal after-tax contribution of up to $1,000 to your super account and the Government could add up to $1,500, depending on your income. Read More

This note looks at the timing of the economic recovery globally and in Australia, how strong it might be and the implications for shares. The key points are as follows: – The improvement in economic indicators is consistent with an economic recovery by year-end. – While tight credit markets and ongoing deleveraging will most likely [...]

This note looks at a summary of the 2009 Federal Budget Update. The key points are as follows: – Taxation. – Superannuation. – First Home Owners. – Government Support. – Private Health Insurance. Read More

This note looks at the signs of recovery in China and whether or not it is sustainable. The key points are as follows: – China’s economy is recovery on the back of a combination of fiscal and monetary stimulus, and signs the export slump is easing. It is on track for 8% gross domestic product [...]