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Good video from the ATO discussing superannuation condition of release (ie when you can access money held in superannuation).
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Money Masters program will be coming to Channel 9 this Saturday 14th of October at 12.30pm.
It features the best fund managers in Australia discussing investments and funding an income in retirement. "Featuring some of the biggest names in finance from Platinum, UBS, Perpetual, Nikko AM, Orbis Investments, AIA Australia and research houses Morningstar, Lonsec and Zenith as well as one of Australia’s top CFP advisers, see what the Money Masters had to say to Aussie celeb Blair McDonough about reinventing his sources of income."
Source: www.nomorepractice.com.au
Over 45% of Sydney and Melbourne properties have doubled in price over the last 10 years. To double over 10 years requires capital growth of approximately 7.20% pa. Rental income would be in addition to any capital growth.  Source - Corelogic
You can view the full National September 2017 Corelogic property report below. Corelogic National 2017 Property Report From 2008 Australian wages have increased on average by $1,404 pa. This is an increase of only $156 each year over a 9 year period, much less than the cost of living. Unemployment remains low but we have seen a shift from higher paid work to lower paid contributing to low wages growth. Wages as a % of Gross Domestic Product (GDP) has also decreased. High debt and stagnant income is likely to impact consumer spending. It also highlights the importance to see a qualified financial planner to make sure you are in a strong position and your cash flow is being used as efficiently as possible. Source: Bloomberg  Citigroup is planning to hire 100 private wealth advisers in Australia over the next 3 years. Citi will be targeting the 230,000 Australians with more than $1 million to invest. Australia's fund management industry is valued at $2.8 trillion with more than $600 billion in self managed superannuation funds. Link to full article: https://www.bloomberg.com  Financial Planning Week 2017 is taking place from 21-27 August. This year’s theme is Live the Dream. The aim is to engage and educate Australians to live their dream and #getaplan. An infogrpahic of what living the dream means to Australians is below; 
The full Live the Dream 2017 Research Report can be fund using the link below. http://www.moneyandlife.com.au/articles/research-report-test/ The full 2016 Russel Investments & ASX Long Term Investing report is below and always an interesting read; Over 10 years (2005 to 2015) the 3 best performing assets classes have been;
Over 10 years (2005 to 2015) the 3 worst performing assets classes have been;
Source http://www.asx.com.au/documents/research/russell-asx-long-term-investing-report-2016.pdf  A recent Australian study conducted by Hall & Partners Open Mind asked what are the most important factors when it comes to financial advice?
1. That the financial adviser is independent 61% 2. That the financial adviser has specialist knowledge (e.g tax) 56% 3. That the financial adviser has relevant accreditation 52% 4. The financial advisers track record 47% 5. The cost of the advice 43% 6. Recommendations for the financial adviser 28% 7. Other 4% As shown above the majority of respondents are looking for a knowledgeable independent adviser that can be trusted to give high quality recommendations. Make sure you look for these qualities when appointing a financial planner to look after your wealth. Visit choosing a financial planner for more information. Top 10 Financial Planner would like to congratulate the 2017 FPA Best Practice National Award Winners below;
The awards recognise excellence in financial planning by giving clients superior outcomes inline with the FPA Code of Professional Practice and Code of Ethics. FPA CERTIFIED FINANCIAL PLANNER®PROFESSIONAL OF THE YEAR Tony Sandercock CFP® – Wetalkmoney FPA FINANCIAL PLANNER AFP® OF THE YEAR Cody Harmon AFP® – Meridian Wealth Management, Melbourne FPA PARAPLANNER OF THE YEAR Cynthia Sercombe – Tupicoffs, Brisbane FPA UNIVERSITY STUDENT OF THE YEAR Bradley Aleckson, Bachelor of Commerce student – Griffith University, QLD FUTURE2 COMMUNITY SERVICE AWARD Kathy Havers CFP® – Catalyst Financial Group GWEN FLETCHER MEMORIAL AWARD Cameron Obliubek CFP® – Bridges Financial Services, Melbourne FPA PROFESSIONAL PRACTICE OF THE YEAR ipac Western Australia More information about the awards can be found on the Financial Planning Association Website. Looking for a Financial Planner but don’t live in a capital city?
You can visit the Financial Planning Association website to conduct a search using link below: http://www.fpa.asn.au/default.asp?action=article&ID=21995 |
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March 2018
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