Tax tips for Property Investors

Tax tips for Property Investors

Tax tips for Property Investors Rental income is a tax assessable income but outgoings against your investment property are tax deductable and can be offset against other income. These allowable deductions will help reduce your taxable income. If you are a part owner of a rental property, you need to show your share of the […]

How to analyse company reports

  How to analyze company reports  A company report shows the financial health of a company. The jargons used may make the report look complicated for a novice. But having a basic knowledge about the terms used in the report can help a user in understanding the report. Here is brief information about the terms […]

Annuity

 Annuity The term annuity is used to refer to any terminating stream of fixed payments over a specified period of time. It occurs at regular intervals extending into future. Below are different types of annuities  An ordinary annuity (also referred as annuity-immediate) is an annuity whose payments are made at the end of each period […]

The Fundamental Analysis of share price

  Fundamental Analysis of share price  Fundamentalists buy and sell shares based on pragmatic analysis and common sense. Share market greats like Warren Buffet through their company new letters and media releases have given considerable insight into the way they approach the share market. They made their money by going against the trend. When greed […]

How to trade in ASX

How to trade in ASX The Australian Stock Exchange Limited (now known as ASX Limited) was formed in 1987 by the amalgamation of six independent stock exchanges that formerly operated in the state capital cities. Each of those exchanges had a history of share trading dating back to the 19th century.  As one of the […]

Superannuation

Superannuation What is superannuation?  Superannuation is designed to provide money for one’s retirement. Employers have to pay superannuation contribution to the chosen fund of the employees (in most cases). This currently is 9%of the income. If someone is self-employed they can chose whether to have superannuation or not. Usually superannuation funds provide life insurance and […]

Which is the best money transfer service to India from Australia?

Which is the best money transfer service to India from Australia?

Indians in Australia use the services of financial institutions for transferring money to home land.  Banks like ANZ charge high transfer fee and offer comparatively poor exchange rates. Some choose such service providers because of ease of use and extra security they offer.  Ignorance about the best providers also could be a reason for using […]

Australian Economy

Australian Economy

Why Australians have to work smarter than the rest of the world? A country’s standard of living depends on its ability to produce goods and services. Almost all variation in living standards is attributable to difference in countries productivity. Productivity is the quantity of goods and services produced from each hour of a worker’s time. […]

The (unbearable ) rising cost of living in Australia

The (unbearable ) rising cost of living in Australia

  Cost of living in Australia Thanks to Julia Gillard, strong Australian dollar and Carbon Tax, Australian capital cities are getting costlier to live. According to Mercer Worldwide Cost of Living Survey 2012, Sydney (11th), Melbourne (15th) and Perth (19th) now rank among the World’s 19 most expensive cities, surprisingly costlier than London. Three Australian […]