Superannuation and financial planning
How to rent your property and get a subsidyAny landlord will tell you that having your rental property vacant and bringing in no rent is one of their worst nightmares. So for many investors a rental property backed by a government commitment to secure a rental income for 10 years plus up to $8600 a year sounds like a dream come true.
ASIC urges curbs on financial plannersThe corporate watchdog, the Australian Securities and Investments Commission, has recommended more stringent regulation of financial planners to increase protection for retail investors, in the wake of recent collapses including financial planner Storm Financial, broker Opes Prime, agribusiness operators Great Southern and Timbercorp, and corporates such as ABC Learning, Allco and Babcock & Brown.
Super funds post fifth straight gainSuperannuation funds have posted a fifth straight month of gains in July and have begun recovering losses caused by the global financial crisis, a report says.