Skip to content

Federal Budget 2022/2023

Federal Budget

On Tuesday 29 March, the 2022/2023 Federal Budget was handed down by Josh Frydenberg. The measures announced in the budget are of course subject to legislative approval and to any policy changes which may come about if there is a change in Government at the federal election. Here’s a summary that we think will be…

Read More

Market Update: War and Inflation Impact Markets

Volatile commodities | Turmoil takes toll | Gold back in vogue

Article by MFS For the week ending 25 March 2022 As of noon on Friday, global equities struggled to advance on the week, marking consecutive weekly gains for the first time in 2022. The price of a barrel of West Texas Intermediate crude oil rose to $113.47 from $104.69 last Friday. The yield on the US…

Read More

ATO crackdown on Family Trusts

Family Trust

In an effort to crack down on Family Trusts, the Australian Tax Office (ATO) released a draft ruling and accompanying guidance in February. The draft ruling suggests that they intend to target ‘reimbursement arrangements’, generally referred to as Section 100A. There is much detail trustees and beneficiaries need to get their heads around, but for…

Read More

Employers prepare for March FBT deadline

Fringe Benefits Tax

Employers who are registered as a Fringe Benefits Tax (FBT) payer must complete paperwork for the ATO this month. Those who have an FBT liability are required to take further action, and lodge returns and pay by 23 May. Different types of benefits can include employer-provided vehicles and parking, entertainment and meals, interest-free or low-rate…

Read More

Market Update: Russian Invasion Fuels Market Volatility

Russian Invasion Fuels Market Volatility

Article by MFS Investment Management With the humanitarian crisis resulting from Russia’s invasion of Ukraine growing, we wish to express our sincere concern and support for the people of Ukraine and our hopes for a swift de-escalation of hostilities and a peaceful restoration of the country’s national sovereignty. Russia has been isolated from the global…

Read More

Market Update: Australian Equities Update

Australian Equities Update

Article by Perpetual Volatile markets continue Equity markets are experiencing significant volatility. Even before the shocking events in Ukraine took place last week equity markets had been grappling with the prospect of rising interest rates to contain high levels of inflation.  Although Ukraine will focus minds on the short term, we believe the issue of…

Read More

Market Update: Potential Implications of Russian Invasion of Ukraine on Global Markets

Article by MFS Investment Management The breakout of a severe geopolitical crisis following Russia’s invasion of Ukraine has significantly increased major uncertainty in global markets. While accurately predicting geopolitics is an impossible task, the purpose of this note is to articulate our views on the potential impact of the crisis on the global macroeconomic backdrop…

Read More