Superannuation

The Rules to Investing During Times of Uncertainty

Written by Kate O'Brien, Managing Director - Edney Ryan Wealth Management

In a recent edition of Oliver’s Insights, Dr Shane Oliver outlined his top tips for investing during times of uncertainty. Given the rough and tumble of today’s economic climate, we thought it was worth taking a look at these tips to see how they affect our own Wealth Management clients. 1. Use the Power of Compound Interest Consider this: One... Read more

Changes to Single Touch Payroll

Written by Matthew Stewart, Director - Edney Ryan Chartered Accountants

In February, the Federal Government passed legislation to extend Single Touch Payroll reporting to include all small employers (those with 19 employees or less). What Is Single Touch Payroll? Single Touch Payroll (STP or One Touch Payroll) is an ATO initiative that encourages more frequent salary reporting. Through this initiative, employers will report: Payments (salaries and wages) PAYG withholdings; and... Read more

The 2019 Federal Budget and the Government’s Great Irony

Written by Stephen Ryan, Managing Director - Edney Ryan Chartered Accountants

There’s never been a budget delivered as close to a Federal Election as that presented last night by Treasurer Frydenberg. Credit where its due – the nation is forecast to return a budget surplus for the first time in more than twelve years. The government’s sound economic management has the nation back in the black (with recent help from the strengthening... Read more

Superannuation – It’s Never Too Late to Take Control

Written by Kate O'Brien, Director - Edney Ryan Wealth Management

Despite almost 30 years of compulsory super contributions in Australia, reports show women are retiring with 40 percent less superannuation than men. Currently, the average superannuation balance for a man (aged 60 to 64) is $270,710. For a woman of the same age it’s $157,050 – a difference of $113,660. There are several reasons for this. Women Take More Time... Read more

Homeowners aged 65 years or over are now able to downsize their family home and invest the surplus into the tax effective environment of superannuation. The sale of the property must be from 1 July 2018 and the property must have been owned for at least 10 years and be the principal place of residence (hence eligible for the main... Read more

Sydney & Melbourne Property Prices: Are We Headed for a Crash?

Written by Kate O'Brien, Director - Edney Ryan Wealth Management

By Kate O’Brien, Director – Edney Ryan Wealth Management Australian dwelling values slipped 0.1 per cent lower in May, according to the latest CoreLogic housing market update. The fall marked the eighth consecutive month-on-month fall and took the annual change (-0.4%) into decline for the first time since October 2012. CoreLogic Head of Research, Tim Lawless, said the biggest declines... Read more

By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital,  27 March 2018 Key points Worries about the Fed, trade wars (the risk of which has been significantly exaggerated) and President Trump generally have increased the risk around the global outlook but are unlikely to drive a major bear market. The key issue is whether the... Read more

Downsize Your Home and Contribute to Super

Written by Kate O'Brien, Director - Edney Ryan Wealth Management

For many Australian retirees selling the family home can be an effective way to release equity to fund retirement. Following legislation passed in December, homeowners aged 65 years or over are able to downsize their family home and invest the surplus into the tax effective environment of superannuation. Key Points The sale of the property must be from 1 July... Read more

By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, 9 February 2018 Key points The current pullback in shares has been triggered by worries around US inflation, the Fed and rising bond yields but made worse by an unwinding of bets that volatility would continue to fall. We may have seen the worst, but it’s too early... Read more

Kate O’Brien Wins Hillross Adviser of the Year 2017

Written by Stephen Ryan, Managing Director - Edney Ryan Chartered Accountants

I am delighted to announce that Kate O’Brien has been named Hillross Adviser of the Year for 2017. This national award recognises the adviser who has demonstrated the highest  level of professionalism and excellence through client service, advice delivery and implementation. Importantly, client advocacy, undertaken by the Beddoes Institute’s Client Experience Survey was an important part of the judging process, and we thank our... Read more