That’s Super

The advantage of buying residential property through a self-managed super fund

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According to some recent research by AXA and Monash University, family business and succession are not always a healthy mix – in Victoria alone of third or forth generation family businesses:

Some amazing numbers when you take the time to consider how this impacts on your business. So why do family business owners enable this to happen when our reserach shows overwhlemingly that having plans in place adds substantially to your overall business value?

Maybe it is time to work with your trusted advisors NOW to ensure that you achieve your optimal outcome both financially and emotionally.

GEN X advisers can help with the financial side along with your Accountant for structural advice. A business coach is also an essential ingredient in the mix to get your business fit and ready for succession as it can be a long road that sometimes feels more like a roller coaster ride!

If you are interested in finding out how business coaching can play a part in your overall business planning contact Tim Ryan from Shirlaws, who is based in Newcastle.

Newcastle financial advisor, Dustin Kavanagh urges people of Newcastle to consider two things.

Firstly, what standard of living do you want in retirement and secondly, what choices are you making now to obtain this.

It all starts with actually articulating what it is that is important to you about your retirement, Dustin said.

Here is an interesting article published 24/11/2009 By Emma Thelwell, ninemsn Money

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THE Australian dollar’s astronomical run is threatening to put a brake on the economic recovery, with many of Newcastle’s exporters, especially mining companies fearing further rises.

Every time the dollar increases in value against the US dollar and other major currencies, Australian exports become more expensive for customers and less competitive in global markets.

Once known as the Aussie battler, the dollar has risen over 50 per cent in the past year from lows of US60c, and is heading towards parity with the greenback.

Driving the gains are the wide interest rate differential from Australia to the rest of the world, the general decline in the value of the US dollar and the strength of commodity prices, because about 70 per cent of Australia’s exports are commodity-related.

In economics this is called the resources curse — you have a strong currency because of demand for your resources, but that makes it harder for businesses to compete globally.

 Enjoy this article by Mark Dutton, Chief Investment Officer – Australia & NZ, AXA Read the rest of this entry »

This is a debate which has been raging for many years. My question is, why can’t it be an ‘AND’ conversation?

They have different characteristics such as level of income paid (some shares don’t pay any income), tenants, franked dividends, depreciation, increased ability to borrow with property etc etc.

One key thing to be aware of is that they tend to ‘boom’ at different times in the economic cycle http://genxadvisers.com.au/economic-time-clock/

So why not have both in your investment or retirement portfolio?

There is also many types of shares and property: residential, commercial, industrial, resources, industrials, small caps etc.

Today I wanted to focus on some recent results being released on residential property.

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