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Investment outlook: new financial year

As we embark on a new financial year, the reporting season is upon us. We look at why August is a critical month in the market. Michael Knox, Morgans Chief Economist identifies that the August results…

The risky business of dying

Why the death of your business partners can have dire consequences Imagine this scenario…. Michael, James, and Nadine are shareholders in a successful business, MJN Solutions. The shares in the company are fairly evenly split…

Start the New Year the Right Way

For business, July is the month you need to make sure you have properly closed off the last year and can start the New Year the right way.  Here is the essential checklist to prevent…

Important Superannuation Update

As we enter the new financial year it is important to take note of several important superannuation changes and updates. Superannuation Guarantee Rate From 1 July 2014 the rate of superannuation guarantee required to be…

Budget 2014/15: Government

Reducing the size of Government In addition to freezing wages, the Government has put in place a wide reaching program to reduce the size of Government over the next four years. Merging by 1 July…

Budget 2014/15: Education

Universities able to set their own fees The cost of tertiary education will go up with Universities and other educational providers able to provide their own fee structure (or ‘contribution’ structure as they call it).…

Budget 2014/15: Social Services

Anyone accessing Government support and assistance is likely to feel the impact of the Budget’s tightening of access and eligibility. In addition, eligibility thresholds themselves will be frozen saving the Government $1.5bn over 4 years.…

Budget 2014/15: Health

$7 fee for going to the doctor A patient contribution of $7 will apply for visiting a doctor. Concession card holders and children under 16 will not pay the fee until they reach 10 visits…

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