Initiative Blog

Friday, September 29, 2017
One of the golden rules of investing is diversification, but that can be difficult to achieve when you are just starting out or have limited funds to tap into a world of opportunities. Which is why investors have been flocking to exchange-traded funds (ETFs) and listed investment companies (LICs).  You can view our October Snapshot here. The team at Initiative
Friday, August 4, 2017
Housing affordability continues to be a major concern in Australia and not just for would-be first home buyers. It also affects pre-retirees forced to work longer to repay bigger mortgages and older Australians unable to downsize from large family homes due to a lack of affordable options. You can read our August Snapshot here.  The team at Initiative
Wednesday, July 12, 2017
It’s almost a decade since the global financial crisis created havoc in financial markets. While the global economy continues to show signs of recovery, political uncertainty in Europe and the United States is creating fresh confusion on global markets as investors wait to see how current events play out.  You can read our July Snapshot here.  The team at Initiative
Wednesday, May 24, 2017
These days we don’t need to carry any cash. Just one small plastic card, or our mobile phones (hello ApplePay!) and the world is our oyster. We can buy almost anything we like simply by hovering our card over a small terminal at a shop of our choice. Recently, a new coffee shop opened in the foyer of my building. I was intrigued that the shop advertises itself as ‘cashless’. That is, you can only...
Wednesday, February 8, 2017
There are many different primary producers. These can be an entity such as; sole trader, partnership, company or a trust. However, there are certain tests a primary production business needs to pass in order to be able to utilise any losses incurred in the business. There are certain business activities that can be carried out that qualify you to be a primary production business. These are: Plant...
Wednesday, December 14, 2016
Superannuation is money that is put aside and invested to allow you to enjoy a regular income stream later in life. Once a condition of release is satisfied, you are able to either take a regular income stream or take out it as a lump sum (or a combination of both). A condition of release allows a member to take money out of super provided they satisfy a condition. The main conditions available...
Wednesday, December 14, 2016
Are you currently receiving the age pension? Are you aware of the new legislation to take place from 1 January 2017? The new changes could see some pensioners having their pension payments reduced or cancelled altogether. The age pension is aimed at providing support and access to a range of concessions for eligible older Australians. An individual must be 65 years of age or older to be eligible...
Wednesday, November 9, 2016
Enter and manage expense claims for yourself in your organisation in Expense Claims. An expense claim is a collection of receipts from spending personal money that the organisation needs to pay back to you. After submitting an expense claim, you will be reimbursed for your spending. If a transaction has gone through your organisation's bank account and you are not to be reimbursed personally,...
Wednesday, November 2, 2016
Decisions around aged care are always difficult and emotional. From the start of next year they are likely to get even more complex, with both the Age Pension and aged care sectors set for another shake-up.  Currently, many people entering aged care choose to keep their former home and rent it out to help supplement their accommodation payments. From a financial planning perspective this strategy...
Wednesday, November 2, 2016
If the ATO makes a decision that you don’t agree with then you may be eligible for make an objection or appeal. This can be in the case of if you disagree with the way they have interpreted the law, if you are uncertain with your own interpretation of the law or if you want the option of seeling an external review if the ATO does not agree with you. Some of the decisions you can dispute include,...
Wednesday, November 2, 2016
Compound interest is interest paid on the initial principal as well as the accumulated interest on money you have invested.  Here is a brief example highlighting the power of investing just $2.74 a day ($1,000 a year) for a new born baby. Scenario: Time passes quickly – recently we found ourselves celebrating the 21st birthday of our youngest child.  It only seemed such a short time ago we had...
Wednesday, October 12, 2016
Just when those saving for retirement thought the rules couldn’t get any more complex, the Turnbull Government has revised some of the key elements of the controversial superannuation reforms it announced in the May 2016 Federal Budget.  After some noisy criticism, amendments were announced in mid-September to water down the more contentious elements. Despite this, the reforms still represent...

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