Starting a Share Portfolio

Written by Brendon Vade, Financial Planner - Edney Ryan Wealth Management

The most common thing we get asked about by people in their 20′s is the share market. With so many students doing business subjects all through high school and university, it is amazing that so few are taught the basics of how to start their own share portfolio. Unless you have an experienced friend, relative or a trusted family adviser... Read more

From 1st July 2012 the private health insurance rebate will be income tested, and there are changes to the Medicare levy. Full details can be viewed at the Department of Health and Ageing site. The changes will operate as follows from 1 July 2012: Unchanged Tier 1 Tier 2 Tier 3 Singles Families ≤ $84,000 ≤ $168,000 $84,001-97,000 $168,001-194,000 $97,001-130,000... Read more

Our Future: Made in China? Insights from the Experts

Written by David Heyworth, Director - Edney Ryan Wealth Management

We often hear that our ‘Australian’ future may well be made in China. As part of our commitment to remain up-to-date with our advice to clients we recently sought a briefing from experts on one of the burning topics of global investments; China and its impact on the Australian Economy. Here we provide a short overview of the experts’ insights.... Read more

Federal Budget 2012 Snapshot

Written by Stephen Ryan, Director - Edney Ryan Chartered Accountants

The federal budget has been handed down and the promise of a return to surplus delivered. Here in this issue of On Balance, we highlight some budget changes that are likely to be of particular interest to many of our clients. Spending Cuts Significantly major cuts have been made to defence spending, overseas aid and the 1% reduction of the... Read more

Property Investors Too Often Missing Out on Cash Flow Gains

Written by Stephen Ryan, Director - Edney Ryan Chartered Accountants

We’ve recently had several property investors come to us with an assumption that their investment properties constructed prior to 1984 will not allow any significant depreciation for the cost of construction. This is not entirely correct and we fear there are too many investment property owners failing to obtain all the benefits of the allowable deductions for their property. Consider... Read more

A Better Deal for Your Overdraft

Written by Tricia Williams, Manager - Edney Ryan Mortgage & Finance

The current best deal that we can source for our clients is overdraft finance at 6.70% and only one annual fee, if the loan is secured against an owner occupied home. As this is a new loan product, most businesses are still unnecessarily paying upwards of 11% (with a default rate of at least 16%). It is critical for businesses... Read more

Should We Have Life Insurance?

Written by David Heyworth, Director - Edney Ryan Wealth Management

As an ethical financial advisor with an interest in growing and protecting the wealth of my clients, I cannot recommend strongly enough that if you have dependents you should obtain appropriate personal insurance such as life insurance. Unfortunately I have seen the consequences to families when someone is underinsured too often. While it is an unpleasant topic here is one... Read more

Wills for Blended Families

Written by Andrew O'Donnell, Director - Edney Ryan Legal

One area of estate planning that is becoming more and more common is the making or updating of Wills by couples who have been married previously, so called “blended families”. Blended families are amongst the fastest growing family type in Australia, increasing by 50% over the past decade. Unfortunately it is not always as sweet as the “The Brady Bunch”.... Read more

Making A Family Business Stronger

Written by David Shehade, Director - Edney Ryan Chartered Accountants

To some people the term “family business” will awaken connotations of poorly managed, nepotistic organisations that lack the corporate professionalism of public companies held accountable to shareholders. In our experience this is an incorrect stereotype of the entities which account for 70% of the total number in Australia with an estimated $4.3 trillion of wealth. Family businesses drive the Australian... Read more

Is Cash Investment Safer?

Written by David Heyworth, Director - Edney Ryan Wealth Management

With stock market volatility, investors inevitably ask…“Should I have invested in cash instead?” While we can never predict the future, we can look back at the returns of various types of investments over the last decade to answer this question. In this scenario we compare the performance of 4 asset classes if $10,000 was invested in June 2000 and the... Read more