Article Abstract:
Superannuation was always the most powerful way to build wealth and the new initiatives like co-contribution system, relaxed work test and lower surcharge rate have only provided smart investors with a range of additional strategies for maximizing their super. It is expected that employees who run their own self managed super annuation fund are the people who are going to gain the maximum provided it has a minimum balance of $150,000.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
Australian business has changed since the 1980s due to financial deregulation and technological innovation, although it does face certain challenges. Business forecaster Phil Ruthven, head of IBIS World, believes that the main challenge in the business world is to avoid focusing on the wrong issues.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
Currency hedging is losing its mass appeal due to the impact of the currency fluctuations in Australia. Citibank and HSBC offer at call and term deposit accounts denominated in a range of foreign currencies for those who are interested to take a position on the Aussie dollar, but need to hold cash.
User Contributions:
Comment about this article or add new information about this topic: