Monthly Archives: May 2013

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Don’t Blame The Banks; The Government Took It.

Financial PlanningBy Chris Cornish 30 May 2013

From 31 May 2013, if you notice your bank account has been closed and the money has disappeared, you may want to check with ASIC to see if they have taken it. It’s not ASIC’s fault, the blame should firmly be placed with the Federal Government. In December 2012 new laws that govern unclaimed money…

Federal Budget Analysis 2014

Federal BudgetBy Chris Cornish 15 May 2013

In our 2014 Federal Budget snapshot we summarise the key features announced last night. As in every other year, the Budget will have a positive or a negative impact on different individuals or households in Australia.

What Is A Diversified Fund, And What Are Some Of Their Disadvantages?

Investing, Retirement Planning, SuperannuationBy Chris Cornish 7 May 2013

Conventional wisdom dictates that your portfolio should be diversified, but as this article suggests, a ‘Diversified Fund’ may not be the best way to achieve diversification.