Posts by PWW

Image – iStock In delivering the second budget of the Turnbull government, Federal Treasurer Scott Morrison has declared that Australia’s tough times are over and there are better days ahead. After substantial changes to Superannuation in recent Budgets, this year the Coalition has largely left Superannuation alone. Following is a summary of the key measures:…

Britain to Leave the European Union (EU) From a financial perspective the result was a surprise and possibly a very poor economic decision. International trade and investment in Britain may be disrupted for some time and add to the mix political uncertainty. Assuming the British Government runs with the referendum result they will advise the…

(the big ticket items) Last night the Federal Government handed down the Budget for the 2016-17 year that includes some of the biggest changes to the superannuation system since 1 July 2007. However, it is important to note that the Budget announcements are still only proposals at this stage and will depend on the outcome…

Image – Getty Images Two themes are seemingly dominating; the decline in Oil prices and the deliberate and well forecast slowing Chinese economy. Black Gold OPEC continues to maintain production pumping daily surplus into the market at a time when Global demand has slowed. The supply/demand equation equals a decline in price. It could be…