At its meeting today, the Board decided to lower the cash rate to 4.25 per cent, effective 7 December 2011. Growth in the global economy has moderated this year after a strong performance in 2 ..
Latest News
We all get bombarded with information from every source possible and frankly, it's too much. Even if you haven't already flicked it into spam you probably don't have time to read it. We call it Information Overload. So, on this page we've selected big picture news items we think are relevant and of interest to our clients.
Wednesday, November 23, 2011
Parliment passes mining tax and 12% SGC
Two important pieces of legislation passed Parliament’s lower house in the early hours of this morning (23 November). The Minerals Resource Rent Tax (MRRT) 2011 was passed by a narrow ma ..
Thursday, November 17, 2011
Economic Analysis - van Eyk Research
The global economic outlook continues to be dominated by events in Europe. The optimism generated by the new European and Greek rescue package that supported a massive rally in financial markets i ..
Thursday, November 17, 2011
Introducing WLM 'On Track'
Over the past few years we have noticed a significant increase in people being concerned about their finances. This is understandable given the turmoil and uncertainty in markets. The questio ..
Thursday, November 17, 2011
Taxation of Discretionary & Family Trust Income
Recently ATO legislation has been passed by Parliament to enable trusts to stream franked dividends and capital gains for tax purposes. It applies to the current 2010-11 and later income years. T ..
Thursday, November 17, 2011
Future of Financial Advice reforms
WLM is a strong supporter of the Government’s proposed Future of Financial Advice (FoFA) reforms. The goal of the reforms is to provide a more robust and transparent financial advice industr ..
Tuesday, November 01, 2011
RBA lowers interest rates to 4.50%
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 4.5 per cent, effective 2 November 2011. Recent information is consistent with a moderation in the pace of ..
Friday, October 28, 2011
Saving the eurozone (by Fidelity Investment Limited)
The highly anticipated EU crisis summit has delivered headline agreements in the three key areas: a Greek bailout, bank recapitalisations and an expansion of the rescue fund. Agreements were reach ..
Thursday, September 22, 2011
Ban on Off-Market transfers for SMSF's
Self-managed superannuation fund members will not be able to transfer shares off market without the use of a broker under new regulations designed to limit the ability to minimise capital gains ta ..
Wednesday, September 14, 2011
ATO reconsiders key limited recourse borrowing concepts
The ATO has today issued draft SMSF ruling 2011/D1 which explains key concepts relevant to the application of the limited recourse borrowing arrangement (LRBA) provisions. The draft ruling pr ..
Recent News
- RBA lowers cash rate by 0.25%
- Parliment passes mining tax and 12% SGC
- Economic Analysis - van Eyk Research
- Introducing WLM 'On Track'
- Taxation of Discretionary & Family Trust Income
- Future of Financial Advice reforms
- RBA lowers interest rates to 4.50%
- Saving the eurozone (by Fidelity Investment Limited)
- Ban on Off-Market transfers for SMSF's
- ATO reconsiders key limited recourse borrowing concepts
