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U R the Bank | Episode #1 – Developing Family Wealth

Welcome to Paris Financials’ series ‘ U R the bank’. In this episode, Pat Mannix will chat about Developing Family Wealth. Follow each episode to find out how you can be your own bank, develop your own property portfolio, and protect everything.

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 U R the Bank | Episode #1 – Developing Family Wealth
( Posted in: Community )

Made a business or non-commercial loss?

Any business can make a loss. You generally make a tax loss when the total deductions you can claim for an income year exceed the total of your income for the year. Your income includes both assessable and net exempt income.

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 Made a business or non-commercial loss?
( Posted in: Tax )

3 things to consider if your Super balance falls

From time to time, market movements may cause your super balance to fall. While this can be alarming, you’ll find that it usually recovers in due course.

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 3 things to consider if your Super balance falls

Impacts from Falling Home Prices: The Wealth Effect

The impacts of interest rate hikes on consumers are well known; higher interest means that mortgage debt servicing costs will go up which is negative for consumer spending.

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Impacts from Falling Home Prices: The Wealth Effect

Why staying invested matters when markets fall

It’s natural to feel nervous when markets fall. News about inflation and rising interest rates may prompt you to make an emotional investment decision.

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 Why staying invested matters when markets fall

Economic and market overview

Pleasingly, global share markets fared well in October and recovered most of their lost ground from September. Locally, the S&P/ASX 200 Index re- turned 6.0%.

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 Economic and market overview

30 November director ID deadline

The deadline for existing directors of Australian companies to obtain a Director Identification Number is 30 November 2022.

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30 November director ID deadline
( Posted in: Community )

How high will interest rates go?

Inflation will stay higher for longer than originally anticipated. As a result, interest rates are expected to continue to increase, albeit at a slower rate, with the RBA resetting their view along the journey.

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 How high will interest rates go?
( Posted in: Lending & Finance )