Phone: (03) 9563 4688

Email: office@aubreypaton.com.au

Address: 17D Chester Street, Oakleigh VIC 3166

Latest Accounting News
Hot Issues
In case you missed it – The company tax Bill that did pass Parliament.
GST spotlight headed to smaller end of town
Superannuation Amnesty – Maybe! Maybe Not!
ATO drills in car-sharing focus this tax time
What is Bankruptcy?
Update of Australia's vital statistics
ATO speaks on risk factors, surveillance triggers for FY19
ATO’s corporate residency guidance cops backlash
ATO dispels top tax time myths to clients as clampdown rolls out
Tools for budgeting, cash flow, Super and more ….
Guidance for SMSFs on transfer balance reporting
ATO issues alert on super, tax scams
Salary sacrifice integrity
Understanding the evolution of blockchain and cryptocurrencies
Update to Australia's vital statistics
Tax Time Checklists- Individual, Company, Trust, Partnership and Super Funds
SMSFs - Our 'hardest' jobs
Tax Office reveals adventurous, dubious claims ahead of tax time
ATO reveals top tax time mistakes, set to contact 1 million taxpayers
Watch out for charges with incoming GST laws.
Super savings gap for women stuck at 30%
‘Wipe the slate clean’: Clients, accountants urged to use new amnesty period
Statistics for all Australians
Touch Payroll (STP)
‘Calm before the storm’: Government proposes 12-month SG amnesty
Government intensifies cash payments crackdown - Kelly O'Dwyer
Articles archive
Quarter 2 April - June 2018
Quarter 1 January - March 2018
Quarter 4 October - December 2017
Quarter 3 July - September 2017
Quarter 2 April - June 2017
Quarter 1 January - March 2017
Quarter 4 October - December 2016
Quarter 3 July - September 2016
Quarter 2 April - June 2016
Quarter 1 January - March 2016
Quarter 4 October - December 2015
Quarter 3 July - September 2015
Quarter 2 April - June 2015
Quarter 1 January - March 2015
Quarter 4 October - December 2014
Quarter 3 July - September 2014
Quarter 2 April - June 2014
Quarter 1 January - March 2014
Quarter 4 October - December 2013
Quarter 3 July - September 2013
Quarter 2 April - June 2013
Quarter 1 January - March 2013
Quarter 4 October - December 2012
Quarter 3 July - September 2012
Quarter 2 April - June 2012
Quarter 1 January - March 2012
Quarter 4 October - December 2011
Quarter 3 July - September 2011
Quarter 2 April - June 2011
Quarter 1 January - March 2011
Quarter 4 October - December 2010
Quarter 3 July - September 2010
Quarter 2 April - June 2010
Quarter 1 January - March 2010
Quarter 4 October - December 2009
Quarter 3 July - September 2009
Quarter 2 April - June 2009
Quarter 1 January - March 2009
Quarter 4 October - December 2008
Quarter 3 July - September 2008
Quarter 2 April - June 2008
Quarter 1 January - March 2008
Quarter 4 October - December 2007
Quarter 2 April - June 2007
Quarter 1 January - March 2007
Quarter 2 April - June 2006
Quarter 1 January - March 2006
Quarter 4 October - December 2005
Quarter 3 July - September 2005
Quarter 2 of 2009
Articles
Rebate Income - New Concept
Family Tax Benefit (FTB) - Change to delivery of
Individual's - Income Tax Rates
Senior Australians Tax Thresholds
Research and Development Tax Concession
Finer Details Investment Allowance
PAYG Instalments - Are You Paying Too Much?
Working Australians Tax Bonus Administration

Budget 2009 - 10  -  Overview, Summary, Papers.

News From George and John
A powerful search engine resides on this website.
30% Investment Allowance - One time window of opportunity
Plant & Equipment or Fixtures & Fittings?
The Road to Recovery
Will we see more Bankruptcies or Part X's?
CREDIT CRISIS AND RECESSION
The Road to Recovery

Governments around the world have tried to restore confidence in the financial system.


Large amounts of funds have been injected into markets and used to bail out struggling companies.

Interest rates have been cut and most analysts are expecting them to fall further in the near future.  These actions should eventually reduce home loan stress and encourage business investment.

Security has been given where possible through government guarantees to help assure consumers that their bank deposits are safe.

A few key points:-

  1. Keep in perspective
    Many investment options experienced negative returns over 2008.  Consider what returns those investments have achieved over the long term, and remember that you may have many years left before you need to access your funds.

  2. Don't miss the bounce
    No-one can predict when exactly the share market downturn will end, and often it is when you least expect it.  Remaining invested ensures you don't miss out on any bounce-back that occurs.

  3. Safety in larger and less geared corporations
    We have seen a number of financial corporations around the world fail to recover from the pressures places on them often created by heavy gearing (eg high proportion of bank debt used to finance acquisition of assets). 

Attached is a summary of the actual index returns for each of the main asset classes since 1999.  If you study those you will realise that if you remain invested through the good times and bad in Australian shares or in each asset class, you have still grown your net wealth.

Actual Indices Returns

Australian Shares

Global

Shares

Australian Property Securities

Australian Fixed Interest

Cash

Constructed Returns Balanced

1999

14.3%

19.9%

-5.2%

-0.3%

5.0%

8.7%

2000

14.5%

11.7%

13.5%

9.4%

6.2%

11.7%

2001

5.5%

-15.1%

18.1%

8.4%

5.4%

2.5%

2002

-4.7%

-21.5%

12.4%

5.5%

4.7%

-3.6%

2003

9.0%

-7.5%

7.0%

3.5%

4.9%

3.2%

2004

28.7%

9.5%

29.7%

8.9%

5.6%

15.9%

2005

22.5%

16.6%

12.3%

4.8%

5.7%

13.4%

2006

23.8%

12.8%

31.5%

4.4%

6.0%

14.1%

2007

23.8%

0.6%

5.3%

3.3%

6.7%

9.2%

2008

-40.5%

-23.0%

-52.1%

13.3%

7.8%

-19.2%

 

 

 

 

 

 

 

Source: Colonial Fist State

 



22nd-April-2009