Common BDBN ‘pitfalls’ flagged in wake of ASIC action

February 12, 2019

An industry law firm has identified some of the common traps with BDBNs that can land advisers and their clients in trouble.  One example being a recent case of incorrect witnessing of binding nominations.

How Australia is performing.

February 6, 2019

            An up-to-date snapshot of Australia's vital statistics.   Please click on the following link to see all this interesting information. The areas covered are: Overview Markets GDP Labour Prices Money Trade Government Business Consumer Housing Taxes Climate   Access all this data here.   tradingeconomics.com

Global outlook summary: Down but not out

January 31, 2019

As the global economy enters its tenth year of expansion following the global financial crisis, concerns are growing that a recession may be imminent. 

Australia – a comprehensive run-down of our vital statistics.

January 27, 2019

          An up-to-date snapshot of Australia's vital statistics.   Please click on the following link to see all this interesting information. The areas covered are: Overview Markets GDP Labour Prices Money Trade Government Business Consumer Housing Taxes Climate   Access all this data here.   tradingeconomics.com

Your guide to smarter holiday reading

January 23, 2019

Given all of the talk about many Australians being apathetic about their superannuation, it seems counter-initiative that one of the fastest-selling books ever in Australia is about how to improve your personal finances.

Your guide to smarter holiday reading

January 23, 2019

Given all of the talk about many Australians being apathetic about their superannuation, it seems counter-initiative that one of the fastest-selling books ever in Australia is about how to improve your personal finances.

Admin, BDBN errors flagged for SMSFs this year

January 15, 2019

SMSF practitioners and their clients have been cautioned on some of the ongoing mistakes that continue to be made with documentation and some of the newer traps that have cropped up with the changes to superannuation.

ATO targets non-arm’s length income – NALI

January 11, 2019

Following a series of ATO audits conducted on SMSFs in recent months, the ATO has been applying non-arm’s length income to a number of SMSFs resulting in serious tax consequences for these funds, warns an industry consultant.

ATO targets non-arm’s length income – NALI

January 11, 2019

Following a series of ATO audits conducted on SMSFs in recent months, the ATO has been applying non-arm’s length income to a number of SMSFs resulting in serious tax consequences for these funds, warns an industry consultant.