Author Archive for: ‘admin’

Facebook about to make history

Facebook IPO tonight…

Tonight in the US, Facebook will be making its Wall Street debut after the world’s No 1 online social network raised about $16 billion in one of the biggest IPOs in US history. Read more here.  Rick Maggi

Super: Government co-contribution

Get your cash reward…

As we’re now approaching June 30th, its important to do some planning to maximise your strategy. This is a summary of the Government’s ‘co-contribution’ scheme, which was spared in the recent May Federal Budget.  Rick Maggi

Co-Contribution

Greeks heading back to the polls

Markets slump…

The Australian share market fell to a two-month low this afternoon, led by miners, as Greece’s political leaders prepare for a second election in just over a month. Read more here.

Consumer sentiment hits 4-year high

US consumer confidence looking better…

Americans were more upbeat about the job market and buying plans improved, a survey showed on Friday, offering an encouraging sign for the economic recovery. Read more here.  Rick Maggi

Greek elections looking likely

One last chance…

Greece’s political landscape is in disarray after voters humiliated the only parties backing a rescue plan tied to spending cuts, leaving no bloc with enough seats to form a government to secure the next tranche of financial aid. Read more here.  Rick Maggi

Federal Budget 2012

What the Budget means for the economy and investors…

Last night’s Federal Budget contained only a few surprises as many of the measures had already been legislated pr pre-announced. The main winners were lower income earners, families and the elderly. Below is a summary of the budget measures (‘Budget Wrap’) plus two videos from Dr Shane Oliver which discuss the implications from and economic and market perspective.
The main proposals which may affect you, our client, include

(1) the deferral of higher contribution caps for individuals aged 50 and over – in other words, everyone will be limited to $25,000 in concessional contributions for 2012/13;

(2) reduced tax concession on concessional contributions where annual income exceeds $300,000;

(3) the company tax rate cut has been abandoned;

(4) a range of means testing arrangements for social security benefits.

If you have any questions regarding the budget, don’t hesitate to contact me personally.  Rick Maggi

Budget Wrap

What does it mean for the economy? (video)

What does it mean for investors? (video)

Australia – the RBA, the economy and shares

Interest rates heading down…

This article looks at the outlook for Australian interest rates and what this might mean for the local share market and, of course, the majority of superannuation and pension investors. Rick Maggi
Read Here 

The cycle of market emotions

A road-map for investors…

The ‘Cycle of Market Emotions’ is one of the most important road-maps for investors as share prices move through periods of boom and bust, of rise and fall, and of calm and volatility. Rick Maggi
Read Here