By Terry Platirahos Cars are a must have in today’s day and age. However they do come with many expenses from choosing the desired car to registration fees, insurance, CTP, servicing and increased petrol prices. All these factors above mean a hefty price however there are ways to lower the cost for some of the …
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Approximately 40% of households have a pet dog and 25% have a pet cat. There is some overlap but it’s likely that at least half of all households have some kind of pet when you include birds, fish, rabbits and other animals. Initial Costs Some pets like designer doodle dogs cost thousands of dollars but …
Market returns to 30 June 2023 All Ordinaries Index Market Commentary The Australian Sharemarket fell sharply 3 times during the last 12 months but the overall performance for the year was very good. Investment markets are always unpredictable and volatility has been high in the last few months. It’s not easy for investors but patience …
Market returns to 31 January 2023 All Ordinaries Index Market Update The market has risen strongly over the last 4 months and is now back to where it was in April last year. The reasons for the improvement are expectations that: The Chinese economy will recover now that they have removed Covid restrictions. The rate …
Investment Returns to 30 June All Ordinaries IndexMarket Update It was a bad quarter for all investment markets. The share market and bond market both fell sharply in May when the Reserve Bank of Australia (RBA) started increasing the official interest rate. Increases in rates by themselves cause financial models to show lower valuations for …
Today is Valentines Day and in the spirt of love Netflix has recently released 2 shows about scammers. Becoming Anna is the story of a young girl who convinced many people in New York that she was a wealthy Heiress in order to obtain a free food, hotels and luxury yacht and private jet rides. …
Market Returns to 31 January: The Australian Sharemarket fell by 10% during January and other investment markets suffered similar falls. Investment are always unpredictable but volatility has been higher in the last few months. The reasons for the falls are broadly: Inflation Global inflation has increased dramatically due to supply chain disruptions. Australia has not …
The press has been filled with stories about the fate of the second largest Chinese property developer. Most of those stories have missed the point. This company has already gone bust. The only question is about who will pay to cover the losses. According to their balance sheet the Chinese property developer owes: Borrowings (banks …
Sydney and the surrounding area (Blue Mountains, Central Coast & Wollongong) went in to lockdown on Saturday 26 June. This lockdown was scheduled to end at midnight on Friday 9 July and has been extended to 16 July. However given that the number of new cases each day is not reducing it could be extended …
The Australian Federal Government released their budget for the 2022 financial year last Tuesday. The most useful measures that were announced relating to individuals are: Super Contributions age limit increase At present, anyone under age 67 can make a personal contribution if their account balance is less than $1.6m. Anyone under age 65 with an …