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A price on carbon in 5 easy steps

The topic is hard to avoid.

If you have been reading the newspapers, watching tv or listening to the radio lately you would notice that the biggest topic of conversation seems to be centered around the debate over the carbon tax. But what exactly is it proposing?

For those of you that are still unsure what the tax is, we found that this short video below (whilst only a broad overview) provides some insight into the proposed carbon tax.

We do not provide this video to represent any particular view on the carbon tax, nor do we express our opinions over its validity or present any political views. There continues to be some debate over this topic and we simply feel that this short video provides a succinct overview of the proposed carbon tax in under 2 minutes.

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2011 Winter Newsletter

Just back from a holiday and the staff tell me everything ran smoothly and I wasn’t missed! Not sure if I should be pleased or sulk. What I do know (and have been told by many of you) is that they do a great job in attending to your financial needs and for that I’m very grateful.

No sooner had I returned than we were advised (within the Carbon price info) that all Australians from July 2012 will be able to earn up to $18,200 pa before any tax.

Over 1,000,000 Australians will no longer need to do a tax return.

Winter eNews

Click here to read the 2011 Winter eNews

Just back from a holiday and the staff tell me everything ran smoothly and I wasn’t missed! Not sure if I should be pleased or sulk. What I do know (and have been told by many of you) is that they do a great job in attending to your financial needs and for that I’m very grateful.

No sooner had I returned than we were advised (within the Carbon price info) that all Australians from July 2012 will be able to earn up to $18,200 pa before any tax.

Over 1,000,000 Australians will no longer need to do a tax return.

Read More

Muirfield Seminar Success

We are pleased to hear all the positive feedback following our Special Client Event held at Skilled Stadium last night. Thank you to those who attended for creating a great atmosphere and making the night a success.

For those of you who missed out, our guest speakers were Alexandra Roos from Premium China Funds Management and adventurer, Mark George.

Our first guest speaker, Alexandra Roos is …

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What Is An Anti Detriment Benefit?

A recent Anti Detriment benefit provided a client with an additional $45,000 from her late husband’s Navigator Portfolio in addition to his account balance, providing her some financial comfort during this difficult time.

Anti Detriment benefits are not new, however the majority of superannuation funds continue to ignore this important estate planning feature available to their members. Anti Detriment is a refund of all tax on contributions paid by a member during the period of their superannuation. This also includes previous super history if your fund has been rolled over to Navigator.

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Excess Contributions To Super = Bad News!

Superannuation contributions generally fall into the category of either Non Concessional (no tax deduction is sought) or Concessional (a tax deduction has been sought). The following table helps illustrate the allowable contributions to super dependent on age.

Any excess contributions incur additional tax payable of up to 46.5%. To ensure this additional tax is not payable please check contributions made in the past 2 financial years to any superannuation accounts in your name. It is important to note the contribution limits apply to your total number of super funds not per individual account.

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The Story Of Income Growth

We are often asked ‘what do you think will happen to the investment markets?’

Many of you will have heard us say that I don’t have a crystall ball! However when I look at the Australian economy I can’t help but think we are in a very prosperous phase. Full employment, record company profits, strong economic growth, inflation and interest rates under control and a resources sector going ‘gangbusters’.

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2011 Autumn Newsletter

Plenty happening at Muirfield FS these past 3 months and much of it out of the office.

I’m sure you will join us in congratulating Carl Creasey and his wife Brigid on the arrival of their first born, Lillian Ann on March 24. All 3 family members are in good health and progressing beautifully.

Autumn eNewsletter

Click here to read the 2011 Autumn eNews

Plenty happening at Muirfield FS these past 3 months and much of it out of the office.

I’m sure you will join us in congratulating Carl Creasey and his wife Brigid on the arrival of their first born, Lillian Ann on March 24. All 3 family members are in good health and progressing beautifully.

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Aviva Investors Takes Top Award

Aviva Investors has taken out this year’s Morningstar Fund Manager of the Year award.

Aviva secured the top honours last week ahead of fellow Australian fund managers and finalists Perpetual Investments and Schroders.

Morningstar co-head of fund research Tim Murphy said the decision to award the prize to Aviva stemmed from the group’s overall performance.

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So it’s finally time to retire … or is it?

To help you decide whether you’re ready to quit working and how much you will need, Bina Brown does the sums.

So you think you may be ready to retire. Before you swap your office garb for the gardening gear, you may need to think about the timing, among other things.

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Good news. The RBA keeps rates on hold.

As widely expected, the RBA has kept rates on hold for another month. Good news for variable rate mortgage holders.

It is however important to note that factors such as the reported skills shortage and low unemployment rates are likely to put upward pressure on wages.

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