Are you insured? Have your premiums increased? Read more…

The Australian insurance market for the last few years has been very competitive and in what the Industry refers to as a “soft” market – where pricing has been low and Insurers capacity to take on new risks and opportunities has been high.

Recently the market has generally turned upwards, approaching a “harder” market and leading to price increases amongst other attributes.


Tax treatment of passive investment companies – do they carry on a business?

Earlier this year the ATO Commissioner issued Draft Taxation Ruling TR 2017/D2 (the ruling) which represents the Commissioner’s preliminary view on how to apply the central management and control test of company residency and tax treatment following the outcome of Baywater Investments Limited & Ors v. Commissioner of Taxation; Hua Wang Bank Berhad v. Commissioner of Taxation [2016] HCA 45; 2016 ATC 20-589.  This will be particularly important for many Australians who use trusts with corporate beneficiaries. 


What are the first steps to start a balanced investment portfolio on a low income?

Starting an investment portfolio can seem out of the realm of possibility for most when on a low income. However, when properly budgeted for and a regular savings plan created, over time, developing a significant investment portfolio is quite achievable.
Most individuals on low incomes believe that obtaining professional financial advice is not relevant to them, as they do not have significant assets available.