News

Prices on the Move – What is Your Property Worth Now?

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

Talk of Australia’s housing market recovery is back, with our biggest markets – Sydney and Melbourne  – increasing property prices once again this month. For a concise overview of the Sydney Property Market’s latest performance, click here to watch a short video from CoreLogic. If you’re considering your options, now is a great time to get an estimate of your... Read more

Super Guarantee Opt Out for High Income Earners

Written by Evelyn Christian, Director - Edney Ryan Chartered Accountants

If you are a high income earner, and, you have more than one employer, you may be able to opt out of superannuation guarantee payments from one employer. This will help you avoid unintentionally going over the concessional contributions cap. This is only applicable if you expect your employers’ mandated concessional super contributions to exceed your concessional contributions cap for... Read more

Discretionary Trusts Should Be Reviewed for Foreign Person Surcharges

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

If you are a trustee of a discretionary trust, and you hold (or intend to hold) residential land in NSW in the trust, then it is important you are aware of foreign person surcharges which may inadvertently apply. Foreign Person Residential Property Surcharges in NSW In NSW, residential land held by foreign persons attracts an 8% surcharge purchaser duty and... Read more

There is no doubt, there are reasons to have some concern about the global economic outlook. Talk of looming financial disaster does appear to have gained momentum recently. These heightened fears are based upon the following observations: Global debt is at record levels relative to GDP, which leaves little room for additional fiscal measures if they are required down the... Read more

By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, 7th November 2019 Key points: There is no denying concerns about global debt, seemingly never ending QE, more debt trading on negative interest rates, inequality and geopolitical threats. However, some of these concerns are exaggerated andthere are five reasons why I am not so fussed... Read more

By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, 17th September 2019 Key points Oil prices have risen over the last few days reflecting drone attacks that impact 6% of world oil supply. The choke point for global growth from higher oil prices is normally a doubling in prices. We are a long way... Read more

Low Fixed Rate Mortgages – Not Always What They Seem

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

The record low interest rates we currently have in Australia has put borrowers squarely in the box seat when it comes to choosing a home loan. There are some highly competitive loans available as lenders eagerly battle for new business. However, it is important buyers are aware of the hidden dangers that may come with some of the cheaper home... Read more

Advance Directives – Helping Your Wishes Count When You Can No Longer Make Healthcare Decisions

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

If you were seriously ill or injured and unable to communicate your wishes, who would make decisions about your care or treatment? Would they even know what you want? Advance Directives are a good way to help your loved ones and doctors make health care decisions based on your individual values and beliefs, when you are no longer able to.... Read more

Changes to Single Touch Payroll Now in Effect

Written by Evelyn Christian, Director - Edney Ryan Chartered Accountants

Mandatory Single Touch Payroll (STP) reporting for all Australian business owners commenced from July 1 of this year. While STP reporting for businesses with 20 or more employees has been in effect for over a year, from July 1st businesses that employ 19 or less employees also need to report via STP. While the way employees are paid won’t change,... Read more

Australians are set to lose a record amount to scams in 2019, with projections from losses reported to Scamwatch and other government agencies expected to exceed $532 million by the end of the year. It is important to be vigilant both in our personal lives, and in business. For Businesses – We have adopted the following measures and processes within... Read more