Dear %%first_name%%,
The superannuation changes dominated news on Friday and the weekend, and did a good job of scaring away any North Korean threats from the collective consciousness. Here at Switzer Super Report, we don’t think the reforms are all that they seem and Wayne Swan’s estimates of the number of people who the tax change on pension earnings will hit – 16,000, is a little disingenuous.
The good news is that the news for equity markets is still on the plus side and I think there’s more chance of a better year on markets than there is of many of these super changes getting through. Paul Rickard tells you exactly what you need to know about it all in his ‘super slug’ article.
This is the third week of our property special and we have a great article from Margaret Lomas on how to find and keep good tenants, along with some alternative property investment suggestions from Barrie Dunstan. Barrie has half a century of experience writing about business and 25 years at the Australian Financial Review commenting on superannuation and investment management. Auction clearance rates are still pumping along, proving the residential market is picking up again.
Sincerely,
Peter Switzer