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The Latest FinSec Updates

Is a SMSF for you?

Self managed superannuation funds (SMSFs) are the buzz-word of the Australian Financial landscape in 2013. Suddenly, everyone wants one or wants to work out if SMSF’s are applicable to their specific situation. SMSFs hold 31.2% of all superannuation assets and are growing in number at the rate of 7%pa.  Research indicates that

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US Government Shutdown

 
Never take a hostage you are not going to shoot, and we will not for sure shoot this hostage!!
Tom Coburn, Republican senator, Oklahoma

Last week legislators decided to shut down all ‘non-essential’ government services (about a third of federal spending) rather than allow an enacted health law to take effect from the agreed date.

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‘THE SCREAM’

This month’s issue of our newsletter ‘The View’ features a picture of ‘The Scream’ by expressionist Edvard Munch.

The Scream is the popular name given to each of four versions of a composition, created as both paintings and pastels, by the Expressionist artist Edvard Munch between 1893 and 1910. Der Schrei der Natur (The Scream of Nature) is the title Munch

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THE VERDICT: Federal Budget 13/14

THE GOOD, THE BAD AND EVERYTHING IN-BETWEEN
This Budget could be described as uneventful as it contained little in the way of sweeteners for middle-income earners, families and pensioners. Many of the key announcements were released pre-budget and confirmed by the Government in the budget papers. These include a number of

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