Friday 20 June 2014 Minister Mathias Cormann has today announced the Government’s response to the Senate Economics Legislation Committee report into the Bill to amend the FoFA laws. The Minister has confirmed the Government’s commitment to proceed with the amendments to FoFA, but has also ... Read more
Archives for June 2014
Australians can’t resist a bite of the Big Apple –Business Spectator
For those of you who have Australian friends or family that live in New York, I suspect your social media feeds have noticed this article that appeared on Gothamist pop up earlier this month. It seems the secret is out – Australians are flocking here in droves! While there were only ... Read more
The yuan’s rise to reserve-currency status
by Michael Collins, Investment Commentator at Fidelity June 2014 Amid all the threats and counter-threats between Russia and the west over recent events in Ukraine was a warning by Kremlin aide Sergei Glazyev that Moscow might orchestrate the end of the US dollar’s role as the world’s ... Read more
Why the Australian dollar is unexpectedly strong
June 2014 The floating of the Australian dollar in 1983 is among the most significant economic changes implemented by our policymakers over the past 40 years, even arguably the most substantial. A market-set currency carries the advantage that it helps insulate Australia from foreign ... Read more
Great Investment Quotes and Concepts
The basic principles of successful investing are timeless and quotes from some experts help illuminate these. “How many millionaires do you know who have become wealthy by investing in savings accounts?” Robert G Allen Cash and bank deposits are low risk and fine for near term spending ... Read more