RBA slashes official cash rates to 3.75%
By Alfred Hung | Published: May 7, 2012 | No Comments »
RBA cuts official cash rate to...
RBA holds rates steady
By Alfred Hung | Published: April 12, 2012 | No Comments »
For a third consecutive meeting, the Reserve Bank of Australia has kept key cash rate on hold at 4.25%. The RBA has admitted that recent economic growth has been weak and running below trend. Provided that inflation remains subdued, the RBA has hinted that there is scope to cut interest rates. All eyes will be fixated on...
Interest Rates on hold
By Alfred Hung | Published: February 8, 2012 | No Comments »
Official cash rates in Australian remain at 4.25% for the month of...
Econ Legal Pty Ltd successfully lists IQnovate onto the National Stock Exchange
By Alfred Hung | Published: December 20, 2011 | No Comments »
We would like to congratulate Econ Legal Pty Ltd for their involvement in listing IQnovate Limited (IQN) onto the National Stock Exchange...
Changes to Super Guarantee
By Alfred Hung | Published: December 20, 2011 | No Comments »
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%
By Alfred Hung | Published: December 9, 2011 | No Comments »
40,000 full time jobs were shed in the month of...
Interest rates drop again by 0.25%
By Alfred Hung | Published: December 9, 2011 | No Comments »
Interest rates in Australia has been dropped again by 0.25% to...
Extension of drawdown relief for super pensioners
By Alfred Hung | Published: November 30, 2011 | No Comments »
Due to continued market volatility, the government has extended current drawdown relief until 1st July...
