AFS NEWS | Your partners in success

Self managed superannuation fund penalty regime

In a bid to improve the operational efficiency and integrity of the Self Managed Superannuation Fund (SMSF) sector, the Australian Taxation Office (ATO) has introduced a new penalty regime from 1 July 2014.

Are your superannuation savings goals on track?

Superannuation should never be a ‘set and forget’ strategy. The start of a new year is a good time to review your circumstances, and perhaps set some new goals to help boost retirement savings.

Interest rate cuts

In summary: Good for home owners – more money in your pocket. Good for home buyers – interest rates are low and easier to enter the market Good for retailers, especially with the recent reduction in fuel prices. Good for investors, as it should push more cash into shares looking for better returns.

10 New Year’s resolutions for small business owners

10 New Year’s resolutions for small business owners The start of the year is a great time to take stock and plan for the year ahead. Reflect on areas that aren’t working as well as you hoped they would and work out how you can improve them in the new year: