In the ongoing talkfest over housing affordability it’s clear the only affordability solutions ever given serious consideration by any government are the ones likely to push up house prices. These solutions either give more money to first home buyers or increase the amount of debt they can take on. Both seem like gifts to the […]
Every year S&P Dow Jones put out their yearly SPIVA scorecards and if they sound vaguely familiar it’s because we talk about them every year. We talk about them because they’re important. SPIVA reports on the performance of actively managed funds versus their benchmark indices over 1, 3, 5 and 10-year investment periods. And just as in recent […]
The argy-bargy is over and late last year the government’s superannuation reforms from the 2016/17 budget passed through both houses of parliament. What does this mean? The reforms will come into place on July 1 2017, so here’s a rundown on some key changes. Transfer balance cap: From July 1 there will be a $1.6 […]
20 years ago, many investors in Canada thought they’d struck it rich by investing in a company called Bre-X. Company estimates suggested it had possibly found 70 to 200 million ounces of gold at its Busang claim in Indonesia. Making it one of the largest gold discoveries ever. Instead of reaping the rewards of being […]
Leading privately owned financial planning AFSL, FYG Planners is pleased to announce the group’s funds under management surpassed $2 billion during the 2016 calendar year. At the start of 2016 FYG had 35 firms and 58 advisers across six states and territories with $1.9 billion under management (at Sep 2015). By the end of 2016 FYG Planners had grown to 41 […]