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Written by: Ryan Love
Friday, 03 April 2009

 1. Act now and seek advice

If you know you are going to be made redundant, seek financial advice immediately to ensure you don't miss out on any financial planning opportunities.  Talk to a financial planner before you receive your termination payment - this will allow you to minimise tax, maximise your entitlement to other benefits and ensure you avoid making any costly mistakes.  You should also start seeking new employment and organise your referees straight away.

2. Be prepared

Written by: Ryan Love
Thursday, 02 April 2009

Australia’s economic growth figures (as measured by gross domestic product, GDP) made news in March. Economic growth was weaker than expected at -0.5% for the December quarter 2008 (versus +0.1% for the September quarter). This took the annual pace of growth to just 0.3%, the lowest rate since the end of 1991 (the last recession).

Written by: Ryan Love
Thursday, 02 April 2009

Understanding redundancy and its financial implications has become more relevant than ever in 2009’s turbulent economic environment.

Written by: Ryan Love
Monday, 23 March 2009

Q How does a SMSF work?

It works the same as a retail superannuation fund.  It accepts contributions from members, and invests and manages those contributions and subsequent earnings.  Importantly it must pass the “sole purpose test” of being set up for the sole purpose of providing retirement benefits.

Written by: Ryan Love
Friday, 20 March 2009
Written by: Ryan Love
Friday, 20 March 2009

Frequently Asked Questions.  Borrowing with your Self Managed Super Fund to invest in residential housing.

Q How does my SMSF purchase a property?

The SMSF chooses the property it wishes to invest in, in the ordinary way. Residential property must be purchased from an arm’s length vendor. Non residential property can be purchased for full value from related parties so long as the property is let for business purposes.

Written by: Ryan Love
Monday, 16 March 2009

Many people reeling from the recent turmoil in global financial markets are looking for different ways to invest their superannuation.  At Apex Partners we are seeing increasing demand from clients to invest in property by establishing a Self Managed Superannuation Fund (SMSF).

Written by: Ryan Love
Sunday, 15 March 2009

Waiting for improvement in financial markets is like waiting for Godot although I remain convinced that, unlike Godot, improvement will eventually arrive. As I write, the <?xml:namespace prefix = st1??> US share market has hit a 12-year low, and the ASX200 is very close to its cyclical low. For the month of February, the S&P500 index fell by 11%, bringing its year-to-date drop to 18.6%. In the past year, it has fallen by more than 45%.

Written by: Ryan Love
Monday, 09 March 2009

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The Australian Government announced on Friday 6 March 2009 that it will reduce both the upper and lower deeming rates by 1% each, down to 3% and 2% respectively. This is as a result of the ongoing global financial and economic crisis, and its impact on investment returns. This will apply from 20 March 2009.

Written by: Ryan Love
Sunday, 08 March 2009

February was another bad month for investors with global share markets continuing to decline following more evidence of an intensifying global recession. The Australian market closed in the red for the sixth month in a row, despite another interest rate cut by the Reserve Bank and the Rudd Government’s announcement of the another stimulus package.

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A poor month for global share markets