The record wage boost was supported by several Fair Work Commission decisions, which were well known in advance and unlikely to be repeated. We therefore do not expect the Reserve Bank to respond to the strong read.
The impacts of the pandemic have been enormous. They forced new ways of living to emerge and accelerated many trends that had already been growing in the years prior. Few sectors have been unaffected. Commercial property supply-and-demand dynamics have been altered by transformational changes to the way we live, work, shop, and do business. These have lasting implications for risk and return. Read our article for more detail.
The June quarter National Accounts confirmed the economy is slowing, and we expect to see further slowing from here. This means the next move in the rate cycle is likely to be down, in the second half of next year, when it becomes clear the economy needs policy support.
While changes were made to the breach reporting regime in 2021, the release of ASIC Corporations and Credit (Amendment) Instrument 2023/589 made modifications to reporting requirements and reporting timeframes from 20 October 2023.
Clients may establish SMSFs to hold investments supported by borrowing, or to give them the opportunity to do so in the future. Do you feel you are across who gearing is suitable for and what alternatives to traditional limited recourse borrowing arrangements (LRBAs) are available? In today’s podcast we touch on the key concepts of borrowing in an SMSF.
With over 18 months until the new proposed tax on super balances over $3M commences, is it too soon to start planning for its introduction? In this podcast we focus in on the proposed super tax and talk the issues and opportunities it might create.