NewsBite

EOFY

July 2024

It’s a tough time to be an underperforming company and trying to reignite investor enthusiasm.

Small caps’ wild EOFY ride exposes market’s dirty little secret

Monday’s list of worst performers looked like Friday’s best performers turned upside down. It was laughable. 

  • Anthony Macdonald

June 2024

The ASX is on track to end the FY24 with a 6.4 per cent gain.

Inflation shock derails ASX 200 from best gain since 2021

A two-day sell-off after a hot consumer price report has left the bourse with a tepid return for the 2024 financial year.

  • Joshua Peach and Joanne Tran

Can I do anything to maximise my tax return this close to June 30?

Though the end of the financial year is just days away, there are still some last-minute ways small businesses can reduce their tax liabilities.

  • Penny Wise
The $3.9 trillion super sector underpins the ASX.

How to feed super funds Australian shares while they’re hungry

It’s good to see someone think about the huge and growing pile of Australian superannuation money, and the need to give funds more ways to invest in public Australian equities.

  • Anthony Macdonald
Superannuation’s rise has changed Australia’s capital markets and capital account for good. It’s too late to put the genie back in the bottle.

Digital world wants, real world needs: Chook’s next 50 years

The battle for physical world assets shifts to those things that will underpin the digital world in the next 50 years. It will be a bigger battle, and Chanticleer will be there to cover it.

  • Anthony Macdonald
Advertisement

Eight ways to squeeze more into super – which ones are you using?

A couple employing just four of these methods could boost their retirement savings by almost $5 million.

  • Duncan Hughes
Investors are undeterred by the prospect of another interest rate rise.

FOMO driving investors into property, especially in these suburbs

Experts reveal their top picks for suburbs that could deliver strong capital gains and rental returns for investors over the near to medium term.

  • Nila Sweeney
Bring deductions forward and push income into the next financial year to take advantage of the stage three tax cuts.

Eight ways high earners can maximise their tax returns

The key message this tax time is to bring deductions forward and push income back.

  • Michelle Bowes
Some people find that setting open-ended, curiosity-based goals is more effective.

Knowing the four personality types is key to better habits

Is your 2024 not going quite to plan? Here’s how to establish healthier habits in FY25.

  • Lucy Dean
Borrowers should do a mortgage health check at least once every 12 months.

How stage three tax cuts can save you $322,000 on your mortgage

Directing tax savings to a mortgage can pay off handsomely over the long term.

  • Lucy Dean
Some of the stocks backed by investors include ResMed, ASX Ltd, Nvidia and Cleanaway Waste Management.

Nine stocks to buy and hold forever

Forget crypto because nothing beats buying and holding a terrific business for the long term to create generational wealth, say fund managers.

  • Tom Richardson
June’s a tough month for poorly performed stocks. This June’s expected to be no different.

Dogs of the ASX in for a hard time

In case a softening economy, Nvidia rally and consumer pain didn’t make it hard enough to make money, attention has turned to tax loss selling. There are plenty of candidates this year.

  • Anthony Macdonald
Top up your concessional contributions to the $27,500 cap before June 30.

Five things for SMSFs to do before June 30

Think of it as the world’s most boring, but incredibly profitable, game with the Tax Office.

  • Tim Mackay

June 2023

chook podcast

EOFY winners, losers and predictions

In this week’s episode, James Thomson, Anthony MacDonald and special guest, former columnist Tony Boyd, name their winners and losers of the financial year.

May 2023

Students protested outside Parliament House on budget day over rising fees, student loans and cost of living.

ATO criticised for driving up HECS debts by ‘sitting on’ repayments

Graduates are bracing for an outsized indexation increase of 7.1 per cent on student loans from June 1.

  • Hannah Wootton
Advertisement
While most SMSF members don’t qualify for the government super co-contribution (based on income and super balance), many have working children or grandchildren who do.

Read this for a stress-free (and lucrative) run-up to June 30

All you need to know to make the most of super opportunities and avoid the tax pitfalls.

  • Tim Mackay

What the tax man is cracking down on (including family trusts)

These are the 10 areas tax experts have flagged as being of particular interest to the ATO and which should help you achieve the best outcomes.

  • Duncan Hughes

June 2022

2020-21 has been one of the worst years for investors.

Shares slump to rare losing year

War, inflation and rising interest rates pushed Australia’s sharemarket to a financial-year loss for only the third time in the last ten years.

  • Jonathan Shapiro
More financial advisers are recommending ETFs to clients.

Experts warn ETF investors of ‘painful’ tax mistake

Experts are warning first-time investors they need to declare capital gains and losses this tax season, even if they are enrolled in a dividend reinvestment plan in an exchange-traded fund.

  • Lucy Dean
Making a non-concessional contribution to super is complicated.

What to know about super contributions before June 30

If you’re trying to work out the maximum you can contribute right now, then follow these steps.

  • Colin Lewis

Original URL: https://www.afr.com/topic/end-of-financial-year-1n2f