Archive | Industry News

Australians overweight and unhealthy, AIA

Australians are among the least satisfied with their health in the Asia Pacific region with 62 per cent of Australians indicating that their health has declined in the last five years, according to a new report. The AIA Healthy Living Index surveyed 10,245 individuals throughout the Asia Pacific including over 600 interviews in Australia. It […]

The insurance gap

A key consideration with personal financial planning is whether levels of life, total and permanent disability (TPD) and income-protection insurance are adequate for an individual’s personal and family circumstances. Most Australians obtain their life, disability and income-protection insurance through their large super funds with many relying on their funds’ default cover. Rice Warner Actuaries’ latest […]

Some more Financial Ratios

Price/Earnings Ratio What does it mean? The Price/Earnings ratio is how much money you are paying for $1 of the company’s earnings… .. So if a company is reporting a profit of $2 per share, and the stock is selling for $20 per share, the P/E is 10. In other words you are paying ten-times […]

Resources on our site to help you and your family

Not all of you want the same thing so we offer a comprehensive range of resources at no extra cost. The end result is for us to help you better attain your financial goals and our website will help. 24/7 access to website based tools you; your family (all younger people need to start down […]

Some Financial Ratios

Every now and again catching up on some business analysis ratios never goes astray. Price-to-Book Ratio What does it mean? The P/B ratio is calculated by dividing the current closing price of the stock by the latest quarter’s book value per share. It’s also known as the price-equity ratio. Comment A handy measure used to […]

Sound SMSF advice is critical

The SMSF sector’s continuing rapid growth in fund numbers and assets further highlights ……. ……. why sound professional advice to investors regarding self-managed super is critical. In a speech this month, John Price, a commissioner with the Australian Securities and Investments Commission (ASIC), reinforced the regulator’s message that it places a strong emphasis on the […]

Debt control in countdown to retirement

Three common financial goals are to enter retirement without debt, to own a home before retirement and to have enough super …… … to provide a satisfactory standard of living in retirement. It seems, however, that many individuals are using lump-sum super payouts upon retirement as a means to achieve one of their goals, a […]

ASIC: web here to help

The Australian Securities and Investments Commission has launched a new website to help small business… … owners understand their legal obligations and the role of the regulator. Small businesses account for 96 per cent of all businesses registered with ASIC, making it imperative for the regulator to play a key role in the provision of […]

Market Update – 30th October 2013

Key points for October 2013 The RBA kept the overnight cash rate steady at 2.50% during the October meeting. The rate was also left unchanged during the November sitting. The 3 Month Bank Bill Swap rate gained 0.12% for the month, ending October priced at 2.57%. 10 Year Bond Rates rose by 21 basis points, […]

Insurance: too complex for the Internet?

A growing number of consumers are seeking financial advice due to the failure of online insurance comparison sites ……. ….. to ensure users have accurately filled out forms and applied for adequate cover. Centric Wealth’s joint head of risk, Jon Pillemer, said financial advisers were increasingly helping consumers who had bought insurance policies online with […]