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Edition: 121

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Edition 121

  • 7 August 2015

Mastering irrelevancy in retirement, what the reporting season means for analysts, the dilemma facing Greece, the dangers of high-yield stocks to fund retirement, and SMSF compliance issues when purchasing assets.

Stop worrying about how much you matter

Relevancy, as long as we maintain it, is rewarding on almost every level. But what happens when we lose it? As we get older, we need to master irrelevancy, the exact opposite of what we’ve spent a lifetime pursuing.

What goes on during reporting season?

Reporting season is hard work for equity analysts, especially when a company's results differ from the expected. It's also a time for a company to outline its strategy and gauge the reaction of its owners, the fund managers.

Greece: Scylla and Charybdis

Modern Greece faces an ancient dilemma: should it sail within reach of Scylla, the sea monster that lives in Brussels, to avoid Charybdis, the ‘sucking whirlpool’ that is the return of the drachma?

Misplaced focus on high yielding stocks in retirement

High yielding stocks are often seen as the silver bullet for retirement plans. But in many circumstances the focus on income overlooks the need to consider return and risk in any investment decision.

Watch SMSF borrowing rules for separate assets

The superannuation law allows SMSFs to borrow under a limited recourse borrowing arrangement to acquire an asset, but if multiple assets are involved, like a property on more than one title, things can get complicated.

FactCheck: Is 50% of all income tax paid by 10% of the working population?

In defending how superannuation concessions might favour the wealthy, Treasurer Joe Hockey claimed 50% of all income tax is paid by 10% of the working population. Is that statement supported by the data?

Most viewed in recent weeks

Noel Whittaker’s take on the budget

Marketed as a fix for inequality and housing affordability, the latest budget instead delivers a tangle of tax changes that leave everyday Australians worse off.

Australia has no death duties. Technically.

Australia may not levy formal death duties, but a growing web of tax measures is quietly shaping what wealth passes between generations. Now, the 2026 budget adds another layer.

Welcome to Firstlinks Edition 662 with weekend update

The debate over the budget is increasingly shaped by frustration and perceptions of unfairness, rather than clear-eyed assessment of policy outcomes.

How to minimise tax with a will

Inheritance tax implications in Australia may surprise some, as poor estate planning without proper wills or trusts can lead to costly tax bills and delays for beneficiaries.

How inflation is quietly moving the goalposts on retirement

Inflation doesn’t just raise today’s bills - it quietly increases the amount needed to retire, while simultaneously making it harder to save. Three steps to take before June 30th to improve retirement outcomes.

Back to the future - Why indexing CGT is a good idea

A return to indexation of capital gains would be a fairer way to compensate households for the effects of inflation than the current discount. Importantly, it opens the door to future, broader reforms to stop the taxation of inflation.

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