As a result of the slump in investment markets last year, most superannuation funds have had another financial year of negative returns, making it two in a row. This note looks at the key issues for investors. The key points are as follows: – While very disconcerting, periodic negative returns from growth assets such as [...]

With Federal Parliament in its winter break and not resuming until mid August, now is a good time to take stock of the many legislative developments that have occurred recently. It’s especially timely, given the start of the new financial year, as many of the rule changes have taken effect from 1 July 2009. The [...]

This note looks at the outlook for the Australian economy. The key points are as follows: – Australia has so far had a very mild economic downturn compared to other countries and its own history. – However, its likely that the economy went backwards in the June quarter and that this will continue into the [...]

This note looks at the list of worries being thrown up by commentators and investors in relation to the outlook for shares and other growth assets. The key points are as follows: – There is a long ‘worry list’ being thrown up in regards to the outlook for shares and other growth oriented assets including [...]

The ATO has reminded employers that their superannuation continues even in these very difficult times. While the value of some super funds has declined recently, super is still the main way many individuals save money to provide benefits for their retirement. Generally, as an employer, you must pay super for your employees if they: – [...]