Did you receive JobKeeper last financial year?

JobKeeper payments are taxable, so you need to include them in your tax return. If you’re a sole trader, partnership, company or trust that’s received JobKeeper payments, we’ll contact you or your registered tax agent by early July to let you know: the total amount of JobKeeper payments your entity received since 1 July 2020, … Read more

Reverse mortgage and home equity release

If you’re aged 60 or over, own your home and need to access money, releasing equity from your home may be an option. There is risk involved and a long-term financial impact. Get independent financial or legal advice before you go ahead. How home equity release works ‘Equity’ is the value of your home, less … Read more

ESG: Fad or future?

From time to time, investors become irrationally enthusiastic. The important thing to note about these manic moments is that the investment theme underpinning them makes perfect sense. The narratives are rational; it is the market excess surrounding them that is not. In the early 1970s investors became transfixed by a group of seemingly bullet-proof stocks, … Read more

The case for emerging markets

Take advantage of shifting global dynamics Emerging markets (EM) have been growing rapidly in recent years. In fact, they now contribute over 50% of global growth and are expected to contribute over 60% by 2025.1 Once dominated by agriculture and cheap manufacturing, EM countries are today home to some of the world’s fastest-growing economies and most … Read more

Tax time: calculating investment income and deductions

By Tony Kaye, Senior Personal Finance Writer, Vanguard Australia The Australian Tax Office has started full processing of 2020-21 income tax returns, and its objective was to start paying refunds from mid-July. As an investor it’s important to understand what information you need to record in your next income tax return, particularly in relation to … Read more

What does inflation mean for the Australian bond market?

Australia’s inflation rate has been stubbornly below the RBA’s target band of 2–3% for several years now, but the 0.9% rate realised in 2020 was, even in this paradigm, exceptionally poor. However, economists are projecting an increase in inflation this year, driven by increased expenditure from households. The reasoning behind these expectations is households looking … Read more

Calculating profit margin: Business basics

As a business owner, a crucial part of the role is keeping an eye on key financial metrics — understanding and calculating profit margin is a great place to start. If the money doesn’t keep flowing, you won’t be able to keep the doors open for long. One element of keeping track of cash flow and profits … Read more