Monthly Archives: August 2012

MASTERCLASS – Company Health Ratios – Profit Margins

In the Profit & Loss Statement or Income Statement, there are four levels of profit or profit margins: Gross profit (after cost of sales deducted from sales/revenue); Operating profit (after expenses deducted); Pretax profit (before tax and other non-regular items); … Continue reading

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False or Misleading Statements Which Do Not Result in a Shortfall Amount – New ATO Practice Statement PS LA 2012/4

The ATO has recently published Practice Statement PS LA 2012/4, which details how they will administer the false or misleading no-shortfall penalty. They tell us that trustees who make a false or misleading statement after 4 June 2010 may be liable for penalties, even … Continue reading

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New Bill Raises the Standard for those Managing Australians’ Superannuation

  From the minister’s announcement – Minister for Financial Services and Superannuation, Bill Shorten, welcomed the passage of legislation through the Parliament last night that raises the standard for those managing Australians’ superannuation savings, as well as closing a regulatory … Continue reading

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Is it the Right Time for Property in SMSF/DIY?

  If you consider the fundamentals being highlighted by various commentators, do-it-yourself SMSF/DIY super funds buying residential investment property with borrowed money appear to be engaging in a higher-risk strategy today. It may be possible to find investment property worth … Continue reading

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New Regulations for SMSF – Be Aware

  New regulations came into effect last week (August 7) adopting some of the changes to self-managed funds (SMSFs) that were recommended by the Cooper review. These regulations are aimed at improving the governance of SMSFs, particularly the way they … Continue reading

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SMSF Basics – Insurance in Self-Managed Super Funds (SMSFs) – for Life, TPD, Assets and Trustee Liability

It is good to keep in mind insurance when you have a self-managed super fund as it is not automatic like most major industry and retail funds offer by default. Get quotes for Life Insurance and Total and Permanent Disability … Continue reading

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MASTERCLASS – Price to Earnings Ratio

The Price to Earnings Ratio (PE) is an evaluation ratio of a company’s current share price compared to its per-share earnings. It is also known as “price multiple” or “earnings multiple”. It is calculated as: (Share Price)  /  (Earnings per … Continue reading

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Getting Advice Makes More People Proactive on Their Super

Superannuation fund members who obtain advice are twice as likely to make additional contributions, according to new research released by Mercer. The research – released during the Financial Services Council conference on the Gold Coast last week – said those … Continue reading

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Proposed Delay on the Age of Access to Super after 60 years old

  Calls have been made to Delay the Age of Access to Super until at least 2 years after 60 years old (the current age access allowed), from the Financial Services Council. Gareth Hutchens, reporting in the Canberra Times,  page … Continue reading

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MASTERCLASS Investment – Covered Call Options = How they work

In addition to identifying growth shares that show all the signs of superior management, you can also immunize your portfolio against under performance and reduce risk by employing a Covered Call Option Strategy. What are they? Covered Call strategy is … Continue reading

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