Humans have utilised gold as an investment vehicle to for thousands of years to drive wealth and display their fortunes. Over the past 12 months the gold price has risen over 21%. Gold might be a great investment choice in specific situations, such as when inflation is high, during economic uncertainty or geopolitical instability. At such times gold can outperform other asset classes and be used as a haven during market volatility.While gold may experience

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A guide to help you get ready for tax season, with tips from the ATO and our tax experts. Why You Should Start Preparing For Your Tax Return Now Tax time is here, and it's time to start getting your financial records in order. Whether you are an employee, a sole trader, or a business owner, you need to lodge your tax return by 31 October 2024. But don't rush to submit it as soon

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Now that the end of the financial year has passed, CPA Australia has alerted taxpayers to the Australian Taxation Office's (ATO) main focus areas for tax returns: rental property income, work-related expenses, and cryptocurrency profits. Scrutiny on Rental Property Claims Rental property owners should be meticulous with their claims, as the Australian Taxation Office (ATO) has heightened its scrutiny on various aspects of rental property deductions. One primary area of focus is the distinction between

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On the evening of 14 May 2024, the Government delivered what is possibly its last Budget in the current parliamentary term. The next election is expected to be held either late this year or early in 2025.Inflation, cost of living pressures, and housing all continue to dominate the fiscal landscape, impacting the lives of Australians. The key challenges addressed in this year’s Budget include:Easing cost of living and inflationary pressures,Building more houses,Strengthening Medicare and the care

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While buying a home to live in remains out of reach for many Australians, investors are flooding back into the housing market. Data from the Australian Bureau of Statistics (ABS) shows lending to investors - otherwise known as landlords, has jumped almost 20 per cent in the past year. That is, almost four in 10 people taking out a mortgage now are landlords. The combination of rising house prices, rising population growth (mostly due to migration), rising

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Prime Minister Anthony Albanese has announced changes to address ongoing cost of living pressures with all 13.6 million Australian taxpayers receiving a tax cut from 1 July 2024, compared to the tax they paid in 2023-24. Now is the time to assess what it means to your hip pocket and what implications it may have for end of financial year planning as a result of the new rules, due from 1 July 2024. The Federal Government has

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Over one million Australians have embraced increased autonomy over retirement funds by opting for a self-managed super fund (SMSF). An SMSF offers the advantage of diversifying investments across a wider array of asset classes compared to conventional superannuation funds. Prioritising your financial objectives is essential when evaluating investment opportunities. While conservative assets (cash and bonds) offer stable cash flow, growth assets such as property, shares (Australian and global) and commodities contribute to wealth accumulation. Below

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It seems anyone you speak with is talking about how much they have in a particular “crypto” or how they want to own crypto. What is driving the latest interest in the sector?The best known of the cryptocurrencies is Bitcoin (BTC), so let’s use BTC as a proxy for all crypto as to a large extent, it sets the tone for how the currencies are perceived by traders. BTC reached its all-time high price of

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We are pleased to release the investment reports for the fourth quarter of 2023. These reports provide a comprehensive overview of financial markets activity and the performance of each portfolio model from inception through to the latest quarter ending 31 December 2023.Key highlights of the Q4 2023 Investment Reports include:Performance Overview: A detailed analysis of each portfolio’s performance, highlighting any significant achievements or areas for consideration.Asset Allocation: A breakdown of investments across various asset classes,

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Today, we would like to provide you with insights into a critical aspect of our commitment to delivering top-notch financial advice – the registration process for our relevant providers within the Australian financial services landscape. Understanding Your Financial Adviser: A 'relevant provider' is an individual directly involved in offering financial advice to you, our esteemed clients. This includes financial services licensees, authorised representatives, and employees or directors of financial services licensees authorised to provide personal advice

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