Biography
Alfred has been with the Economos Group for over 9 years. Over that time his role has transformed from providing taxation advice in the area of self managed superannuation fund through to being a financial adviser with Econ Financial Services. Being a Chartered Accountant as well as holding a Bachelor and Master’s degree in Commerce and a Graduate Diploma in Financial Planning, Alfred can provide clients with a tax effective solution for nearly all situations. Outside of the office, Alfred enjoys Tai Chi as a form of relaxation as well as mountain biking and various other sports.
Econ Legal Pty Ltd successfully lists IQnovate onto the National Stock Exchange
We would like to congratulate Econ Legal Pty Ltd for their involvement in listing IQnovate Limited (IQN) onto the National Stock Exchange (NSX).
Changes to Super Guarantee
The Government has introduced draft legislation which will make two significant changes to compulsory super. The first change is to increase the superannuation guarantee age limit from 70 to 75. The second change is to increase (over 7 years) the compulsory employer superannuation contribution rate from 9% to 12%. Both changes commence on 1 July
Unemployment rate rises to 5.3%
40,000 full time jobs were shed in the month of November
Interest rates drop again by 0.25%
Interest rates in Australia has been dropped again by 0.25% to 4.25%
Extension of drawdown relief for super pensioners
Due to continued market volatility, the government has extended current drawdown relief until 1st July
Changes to Superannuation Co-contribution
As part of the Federal government’s push to achieve a budget surplus, a number of superannuation initiatives have been cut or deferred
Economos Group – a top 100 accounting firm for 2010-11 financial year
The Economos Group debuted on BRW magazine’s top 100 accounting firms in Australia
Rates dropped by 0.25%
The official interest rate has been cut by 0.25% to 4.50%
Rates steady for another month
The officical cash rate for Australia has remained steady at 4.75% for the month of October
Gearing in super – New improvement rules
In a major breakthrough for Self-managed superannuation funds (SMSFs), the Australian Taxation Office (ATO) has issued a new draft ruling that will make borrowing in super to purchase property much more attractive.
