In November 2014 we have seen building approvals and retail sales increase across the country. The S & P 200 Accumulation Index declined 3.3% while the Ausbond Composite Index for Fixed Interest grew 1.3%.
November also saw the Australian Dollar continue to fall against the US Dollar and the RBA kept interest rates on hold.
It seems that you can buy almost everything cheaper on-line these days but this article, recently published by WA Today, explains that this definitely isn’t the case for life insurance. Buying directly through an on-line insurer can not only be more costly for you, it may not even meet your needs or be the right insurance for you. If you’re considering life insurance speak to us first!
Marijana was recently approached for comment on limited borrowing recourse arrangements for Self Managed Super Funds. Her comments were featured in the below article in The West Australian recently “DIY Lobby Group Takes on ‘Rogues’”.
If you or anyone you know would like to speak to Marijana, a SPAA Specialist Adviser, about whether a Self Managed Super Fund might be right for you please give us a call on 08 9322 1882.
The Governor of the Reserve Bank of Australia, Glenn Stevens, has today announced that interest rates are to remain on hold. He has stated “In the Board’s judgement, monetary policy is appropriately configured to foster sustainable growth in demand and inflation outcomes consistent with the target. On present indications, the most prudent course is likely to be a period of stability in interest rates.”