by Justine Height | General Updates
Client information: Managed Account Performance Report Jan23 December 2022 Quarterly Report Economic Outlook We start 2023 at the crossroads of multiple potential economic outlooks. The question that plagued 2022 surrounding what will happen with rates has for the...
by Justine Height | General Updates
Tax Changes: Work From Home expenses During COVID many employees changed their working conditions to work from home where possible. Due to the flexibility and other lifestyle advantages this afforded employees and employers, many of these arrangements have continued...
by Justine Height | General Updates
Reserve Bank Announcement – March 2023 The decision: At its meeting this month, the Reserve Bank board decided in favour of a tenth consecutive increase in the cash rate. The board have decided to increase the cash rate by 25-basis points, bringing the cash rate...
by Justine Height | General Updates
Cash rate complexities explained The cash rate is essentially the interest rate set by Reserve Bank of Australia (RBA) and represents the rate banks have to pay to borrow the money they then lend to you. As the cash rate is increased, it cost more for the banks to...
by Justine Height | General Updates
Economic Update June22 Quarter The June quarter produced a number of interesting events for Australians. We saw a Labor Government take power at a Federal level following a landslide election win. Furthermore, a significant number of Liberal seats were won by...
by Justine Height | General Updates
Changes to Superannuation and the Minimum Wage Changes to Super Guarantee from 1 July 2022 There are a number of changes to Super Guarantee (SG) that employers and employees needs to be aware of: Rate increase: the rate of SG increases by 0.5%, to 10.5%. This is in...
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