#Personal Finance
Sustainable cash flow strategies for service businesses
Right at the top of the New Year’s resolutions list for many SMEs was to get cash flow under control in 2014. Are you on track?
Australians stressed about their financial future
Just one in four Australians feel they have enough super to be financially secure in the future.
How to get rich slow: Q&A with Finn Kelly
Dynamic Business chatted to Finn Kelly about his financial advisory business for young professionals, and got his thoughts on what he sees as a financial knowledge gap in Australia.
New financial year resolutions
Today marks the very first day of the new financial year, and a mid-year opportunity to start afresh – here’s 5 easy things to keep in mind.
EOFY: Should you prepay private health insurance?
Private health insurance – to prepay or not prepay? This seems to be the question of the week, and although it appears more of a personal finance issue, your decision could impact the funds you have available for re-investing into your business.
Superannuation funds down in April (slightly)
Superannuation funds were slightly down in April, by a negligible 0.1 percent, following the mixed performance of global share markets due to the Greek sovereign debt crisis.
‘Dodgy’ Self Managed Super Funds investments under threat
Over 410,000 SMSFs in Australia will be banned from investing in collectibles and ‘personal use’ assets if recommendations from the Cooper Review come into effect.
March 2010 Superannuation data positive
Barring a shock collapse in world sharemarkets, superannuation fund members can look forward to a positive return this financial year – the first time since 2006/07.
Credit card popularity slumps – usage down 10%
Australians prefer using other methods of payment over credit cards, with RBA statistics showing only 41.88% of card transactions involve credit cards, compared to 50.34% five years ago.
Financial advisers to be banned from taking commissions
Financial advisers may be banned from charging commissions on investments and pension sales, under recommendations contained in the Cooper Review of superannuation.
Switching banks ‘too hard’ for consumers
Consumers are electing to stay with their current bank due to costs and barriers to exit in place to keep them with the institution a new report has found.
Saver misbehaviour
You may have noticed a savings account war being waged, in recent weeks, in the streets of Bankland. Fights have broken out over the highest “special” rates, the most user-friendly conditions, and even – to a lesser extent – over the base rates. It’s good news for savers — but is it good news for small business?
Superannuation grows 20.4% to February
This month marks one year from the depth of the financial crisis, and demonstrates the value of taking a long-term view of investment markets. After another positive month in February, the median superannuation growth fund has returned a satisfying 20.4% for the past year.
Is DIY super for you?
Super’s not an easy thing to get your head around and it’s not the most exciting of topics. But there are some serious tax benefits to self-managing your super. So could it work for you?
Australians view the big four banks as safest place to stash cash
Mutuals (combined credit unions and building societies) are considered the least secure segment for retail deposits in Australia, despite the Federal Government guaranteeing deposits up to $1 million held by an Australian Deposit-taking Institution (ADI).
Australians ripped off $120 billion by super funds
Australians are predicted to lose $120 billion during the next decade by investing with retail superannuation funds. The Industry Super Network (ISN), a body that represents the not for profit superannuation sector, have released a 24 page report comparing the performance of both not for profit and retail superannuation funds. The report, called Supernomics used […]
Super funds ranked – Industry funds best in 2010
The not for profit and industry funds have again dominated the Chant West 2010 superannuation fund ratings. This is despite master trusts performing well as the economy escapes from the effects of the GFC. “While investment is very important and accounts for 40% of our overall weighting, past performance only counts for 10% of that,” […]