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
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
Single Touch Payroll is a new electronic method for reporting employees’ payroll information to the ATO at the same time as employees are paid. Employers will report payments such as salaries and wages, pay as you go (PAYG) withholding and super information to the ATO directly from their payroll solution. As a result, businesses will no longer be required to... Read more
If you are a foreign person who owns residential land in NSW, you must pay a land tax surcharge in addition to any land tax you already pay. The surcharge will be 0.75% for the 2017 land tax year and 2% from the 2018 land tax year onwards. You may be required to pay the surcharge even if you do... Read more
Buying property, for many of us, is the biggest financial decision we will make – one influenced by both emotional and rational factors. Here is a simple checklist of recommended steps to take before making an offer or bidding at auction. Obtain finance pre-approval (read more below) Research the area (we... Read more
I can assist clients looking for suburb information. Click here to view the RP Data report for our local suburb Mosman. If you’re interested in the overview of your suburb, please contact me on (02) 9908 8888.
Edney Ryan Group is proud to be a Bronze Sponsor of the Balmoral Swim for Cancer, a family-friendly open water, charity event raising funds for the Children’s Cancer Institute. It is a unique event as it is one of the few swims held within the safety and beauty of Sydney Harbour. A great event for all comers. The swim is... 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
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
Higher global inflation and higher bond yields – what’s the risk and implications for other assets like shares & property?
By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, 1 February 2018 Key points Rising global growth and rising commodity prices indicate the risks to inflation are gradually moving to the upside. This is most acute in the US with the Fed likely to raise rates more than the market expects this year. This supports... Read more