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What a Labor government means for small business
After 9 years of Liberal government, small business is watching with bated breath to see if Labor is able to support them in the way that they need. Here’s what they’ve promised so far… Albanese has enacted his campaign promise of a minimum wage increase of at least 5.2%, in line with headline inflation – see…
Read MoreEconomic outlook: consumer position, cost of living, property and investment
Australian businesses are having a tough time. Australian consumers however, have money in their pocket. Here are some statistics from the Australia Bureau of Statistics June report. Slower consumer spending over the last two years means Australians have saved quite a bit of money, and their spending grew the Australian economy by 0.8% during the March…
Read MoreMarket Update: May 2022
Article by Matt Sherwood, Head of Investment Strategy, Multi Asset @ Perpetual
Read MoreMarket Update: Recession risk and the audacity of hope
Article by Matt Sherwood, Head of Investment Strategy, Multi Asset @ Perpetual
Read MoreSmall business defence against inflation
Inflation is the latest concern for small business. Levels in the USA are concerning, and while it is not as bad here in Australia, trends such as higher cost of living and increasing interest rates have us all on alert. The current inflation rate is 5.1% – Small businesses need space and opportunity to rise…
Read More10 steps towards a smooth EOFY
With the Australian Tax Office (ATO) back in full collection mode after some leniency during the COVID peak, it is essential that businesses and individuals not only do due diligence this EOFY, but protect against an audit as well. Here’s a step-by-step guide… 1. Schedule time with your accountant A simple first step that enables…
Read MoreWFH? Here’s what you can claim
Had another year of working from home? If yes, then you and 40% of Australians now work from home on a regular basis. Many people have purpose-made work spaces at home off the back of their COVID experiences and changing work cultures. Some have even bought new houses to accommodate their WFH needs. Here’s a…
Read MoreAdviceCo acquires Sphere Wealth & Protect
AdviceCo is excited to announce the successful acquisition of Killarney Vale based Financial Planning firm, Sphere Wealth & Protect!
Read MoreMarket Update: May 2022
Article by David Evers It is times like this that the importance of quality advice really comes to the surface. When it was appearing that we were coming to an end of the worst period of the pandemic’s economic challenges, circumstances changed again. Now, thanks to a combination of Putin’s war in Ukraine, rising inflation,…
Read MoreMarket Update: Powell seeks ‘immaculate disinflation’; one that rids the US of inflation without shedding jobs
His problem? Monetary policy is ill-suited to fight inflation arising from supply constraints. Article by Magellan Federal Reserve Chair Jerome Powell appeared on March 3 before the Senate Banking Committee and vowed the US central bank would quell inflation running at four-decade highs. “We are going to use our tools,” he said. Then came a…
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