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Written by: Ryan Love
Tuesday, 02 March 2010

Written by: Ryan Love
Monday, 01 March 2010

Changes made to the Superannuation Industry Supervision Act has provided the most exciting opportunity in superannuation in many years. Superannuation funds have been given a "green light" to borrow money for investment purposes. 

This article explains the key issues to be aware of when borrowing in super.

Things to Consider

Written by: Ryan Love
Sunday, 28 February 2010

Written by: Ryan Love
Tuesday, 02 February 2010

Written by: Ryan Love
Sunday, 31 January 2010
The Australian sharemarket started the year in negative territory. The All Ordinaries Index closed the month 5.9% lower at 4,596.9 points. 
 
The shaky start to the year was fuelled by profit-taking and mixed United States economic results during the month.
Written by: Ryan Love
Wednesday, 13 January 2010

The Australian sharemarket finished the year on a positive note.  The All Ordinaries Index closed December 3.5% higher at 4,882.7 points – its highest level since September 2008. 

The Australian dollar weakened marginally in December, and is slightly below US90 cents to the dollar.

Written by: Ryan Love
Wednesday, 16 December 2009

Australia's economy grew more sluggishly than expected in the third quarter as a weak trade account and retreating government stimulus dragged down overall activity. GDP rose 0.2% in the third quarter from the second quarter and rose 0.5% from a year earlier, the Australian Bureau of Statistics said.

Economists on average had expected a 0.4% rise on a quarterly basis.

Written by: Ryan Love
Wednesday, 02 December 2009

Australian lawmakers approved a controversial plan to change the way employee share schemes are taxed.

The schemes proposed taxing employee share schemes when employees are granted discounts or options on shares, rather than when they vest - that is, when employees take ownership of the shares or sell them.

"With the reform to the taxation of employee share schemes, the government will better target eligibility for the tax concessions and reduce opportunities for tax avoidance," Assistant Treasurer Nick Sherry said in a statement.

Written by: Ryan Love
Tuesday, 01 December 2009

The RBA raised its cash rate target by 25 basis points to 3.75%.

The latest policy tightening entrenches the RBA's position as the only central bank in the Group of 20 to be raising interest rates, with financial markets expecting more increases in early 2010 as other country's cash rates close to zero.

Written by: Ryan Love
Monday, 30 November 2009

Australian new home sales fell 6% in October, the Housing Industry Association said.

The survey of major home builders showed its second consecutive monthly fall as the impact of government efforts to stimulate demand in the sector fade, HIA said in a statement.