Three years ago Bitcoin was $250AUD. With a 10,000% increase in price since then, it is starting to generate significant buzz with the everyday investor, as is the underlying technology driving it, “blockchain”. But what are digital currencies and should you be investing in them? We asked renowned technologist and futurist, Mark Pesce to take…

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Government delivers SMSF friendly 2018-19 Federal Budget An SMSF friendly budget is the good news coming out of the 2018-19 Federal Budget. With SMSF members still working through the wide-reaching and complex superannuation changes which took effect from 1 July 2017, this Federal Budget will provide much needed stability while looking to reduce costs for…

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The Reserve Bank of Australia has elected to hold the cash rate at 1.5 per cent at today’s monetary policy meeting. The outcome of its second meeting for the year also marks the 18th consecutive month the cash rate has stayed at its present level. While commentators agreed a rate hike was on the horizon,…

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Nearly 15 million Australians have a superannuation balance and most of us have some exposure to growth investments such as shares that go up and down in value. With the local sharemarket falling by about $90 billion in two days, it’s very likely that your superannuation balance has also gone down in value. So, should…

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Summary: When markets do correct, as they invariably do, it’s important not to overreact. The best strategy is to stick with your long-term investment plan, and use any downturn as a potential buying opportunity.Key take-out: Keeping a cash buffer in place is a sound strategy to ensure any markets dips do not impact your normal…

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Around 30,000 new funds were set up in 2016-17. The number of new self-managed super funds being set up continued to rise over the last financial year, despite the widespread negative publicity around the Federal Government’s latest superannuation changes. Data released by the Australian Prudential Regulation Authority on Tuesday showed close to 30,000 new SMSFs…

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