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Home / Author: Graham Hand

Graham Hand

Consider a LIC before you bite into equities

When the opportunity comes along to buy one of the long-established LICs at a good discount, it's the nearest thing to a free lunch the equity markets will give to a long-term investor.

Graham Hand
10 April 2013
3

Australian spending habits

* ASIC's Money Smart website shows what Australian households spend their money on. Expenditure averages $69,166 a year.

Graham Hand
9 April 2013

Sydney most expensive for a 'cheap date'

* Deutsche Bank issues a semi-annual 'cheap date' index, and the world's two most expensive cities are Sydney and Melbourne.

Graham Hand
9 April 2013

Minister's speeches and announcements

* Major announcements and speeches by the Minister in charge of superannuation, Bill Shorten, can be accessed on his website.

Graham Hand
8 April 2013

Government caps tax exemption on pension earnings

Here's the full Media Release of today's changes to superannuation, including capping the tax-free earnings from assets supporting a pension at $100,000 a year. The reforms will affect individuals with more than $2 million in super assets, or about 16,000 people in 2014-15. A concessional tax rate of 15 per cent will apply to earnings above $100,000.

Graham Hand
5 April 2013
6

Treasury paper on distribution of benefits

* The Treasury paper on distribution of super and pension benefits suggests the equity issue is only with the top 5% of income earners, and contributions tax for them is about to increase.

Graham Hand
5 April 2013

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