Business

By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 25 2017 Key points The key lessons for investors from the Global Financial Crisis (GFC) are that: high returns come with higher risk; while each boom bust cycle is different, markets are pushed to extremes of valuation and sentiment; be sceptical of financial engineering or... Read more

By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 24 2017 Key points Tensions with North Korea have clearly increased causing volatility in share markets. The risk of war has grown but a diplomatic solution remains most likely although there could still be more volatility before this is finally achieved. Historically, shares have been adversely affected initially on... Read more

By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 23 2017 Key points Inequality has been trending higher over recent decades. This is particularly the case in the emerging world and the US but is also evident in Australia. Key drivers have been a rising profits share of GDP, technological innovation and globalisation. It has become more noticeable... Read more

Each year we compile current tax rates and key superannuation data in our handy quick reference guide. You can request a hard copy by phoning (02) 9908 9888, email marketing@edneyryan.com.au or view the booklet online here.

From the 2016–17 income year, the small business company tax rate has been reduced to 27.5%. This lower rate now applies to small businesses with a turnover less than $10 million. The company tax rate will remain at 30% for all other companies. The maximum franking credit that can be allocated to a frankable distribution paid by a small business... Read more

Each year it is fascinating to observe how the Budget is received. Most commentators subjectively assess the Treasurer’s efforts by how they, or their interest group, is expected to be impacted. But is it possible to assess a budget more objectively? According to the stock market and rating agencies the Treasurer has done a reasonably good job. The ASX is... Read more

This information about the new Backpacker Tax will be relevant for employers who currently employ holiday makers on 417 and 462 visas. The changes mean that these working holiday makers will no longer be classified as residents for tax purposes from 1 January 2017. Action Required by Employers Use Visa entitlement verification online to check if your worker has a... Read more

Employers are entitled to discipline employees for certain out-of-hours conduct. Social media has changed our communication norms. Whilst sometimes these communications resemble ‘word of mouth’ conversations, they are set out in written form, in many cases for the world (and employers) to see. Social media interactions made outside work on personal accounts can have a significant impact on the employment... Read more

By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 34 2016\ Key points Donald Trump’s election as President of the United States risks ushering in a period of policy uncertainty which could cause further share market weakness in the short term. Australia and Asia generally are particularly exposed to this given the high... Read more

By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 33 2016 Key Points The smoothest outcome for investors from next Tuesday’s US election would be a Clinton victory but with the Republicans continuing to control the House of Representatives, ie, “more of the same”. However, news of the FBI’s renewed examination of Clinton’s... Read more