Blogs, Articles & Updates

The latest SPIVA Australia Scorecard is out, and the results are telling for investors. The Australian share market surged towards the end of last year, recording a total annual gain of more than 12%. That was good news for people who invest in index-tracking funds, including exchange traded funds (ETFs), that have been designed to capture the broad return from the local share market by having holdings in hundreds of Australia’s largest companies. But the story was different

The new financial year will see several fresh tax cut changes, and also changes to superannuation contribution rules and rates.  Let’s have a closer look at what some of these changes may mean for you.   1.       Personal Superannuation Contribution caps on the rise ·         Concessional Cap – these are set to increase to $30,000 from 1 July 2024 ·         Non-Concessional Cap – are set to increase to $120,000 1 July 2024 ·         Non-Concessional Cap bring forward rules –

Australian Tax Office Office data shows a high percentage of SMSFs are lacking portfolio diversification. The Australian Taxation Office has just released its  annual overview of key statistics  and analysis of Australia’s self-managed superannuation fund (SMSF) sector for the 2021-22 financial year. While the ATO releases its most current SMSF data on a quarterly basis, its annual overviews provide a more in-depth view of how the members of self-managed funds are investing t