Over the last 12 months there has been an ongoing feud between Accountants and Financial Planners regarding whether it is appropriate for Financial Planners to provide tax advice.
With the reporting season upon us, many companies will be announcing their results throughout February. This gives us an opportunity to revisit the important principals that investors should look for in Australian company shares, such as the company’s ability to pay a dividend.
The Australian Prudential Regulation Authority (APRA) recently released its Annual Superannuation Bulletin. The bulletin reveals that the total level of superannuation assets in Australia grew by around $150 billion during the year to total $1.23 trillion at 30 June 2010.
The floods that have affected people across Queensland, New South Wales, Tasmania and Victoria are taking a terrible toll. The tragic loss of lives will impact families and communities for years to come. One cannot help but be moved at the stories of survival and destruction. We all send our thoughts, best wishes and assistance where possible to those in need.