We are now operating in a world where interest rates are now very low both overseas and here in Australia. Given this backdrop, deflation is a larger risk.
The landslide UK election win by the Conservative Party, led by Boris Johnson, saw a major risk for investors subside - the risk of a disruptive UK exit from the European Union (EU).
This year’s Federal Budget is an ‘election budget’ with future tax cuts for all Australians, especially low and middle income earners. Overall, there were minimal changes to super proposed in the Budget, with minor changes to super contributions for older Australians.
The End of Financial Year is almost upon us. To help you complete your tax return, we've provided an overview of those types of tax offsets and deductions you may be entitled to claim plus some handy tax tips and hints.