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Author: Alan Preston Archives

SMSF Investors Sought for Kidman Purchase

Kidman sale

Sarina Locke and Dominique Schwartz write a piece for the ABC Rural wherein they talk about the proposed plan to retain Kidman Station, largest cattle operators of our country.

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DomaCom Works Hard On Retaining Kidman Station

crowdfunding

Sally Rose writes an article for the Business Day Section of the Sydney Morning Herald where she talks about a crowd-funding campaign worth $410 million, primarily aimed at retaining S Kidman and Co, the biggest landholders of Australia. DomaCom, a “fractional property investing platform” has proposed the deal.

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SMSF trustees Must Ponder Over Risks of Living Overseas

SMSFs living abroad

Miranda Brownlee writes a piece for the SMSF Adviser where she talks about the risks of maintaining one’s self-managed super fund from abroad. The Colonial First State (CFS) has talked about the major consequences pertaining to living abroad and compromising the residency rules.

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Australia’s Poor Share Market Run Continues

SMSF amassed assetsAdele Ferguson writes an article for the Business Day section of the Sydney Morning Herald where she talks about the continued poor run of the Australian shares in comparison to their global rivals. Venezuela was ranked at the top and Australia at 37th when 73 stock markets were compared.

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SMSF Investors Indulge In Furious Buying During The Worst Trading Day

smsf investorsThe SMSF sector welcomed the most furious market sell-off as a buying opportunity. They traded with double vigour and beat the other retail investors by a fair margin, if the analysis of nearly 100,000 fund holders proves anything.

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ASIC Disqualifies Third SMSF Auditor

smsf complianceDarren Snyder writes a piece for the website Financial Standard where he talks about the disqualification of the third auditor by the Australian Securities and Investments Commission (ASIC). The auditor at the receiving end of the ASIC’s whip is James Dermody.

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