Welcome to the March newsletter

Over the past month the market has been up, down and back again. Iron ore has given the market a boost and new job figures has pushed our dollar higher.

Sadly we are losing industries that have been in Australia for many years due to high wage costs.

International affairs have dominated the headlines with Syria still a mess and Russia’s bid to take back Crimea still creating tension around the world.

With the Winter Olympic games coming to an end in Sochi we see the rest of the world enjoying mild growth. Businesses are becoming leaner to prepare for further growth.

This month we take a look at why managing our finances seems to get more and more difficult.  To add to the difficulty it has just become harder to maintain a good credit rating. We examine the latest changes that will impact your credit rating. Be sure to share this with your children. They are notorious for having a carefree attitude when it comes to bills and paying off credit cards on time.

If you are in Business we also look at how you can spot if your business is going off the rails and what to do about it. Finally we have the new thresholds for Superannuation just released by the ATO so we can organise our tax planning by the end of June.

As always we enjoy your feedback

 

Regards

 

Gordon Hatch

 

Telephone – (02) 9411-4161

Email:  gordon@taurusfinancial.com.au