05/11/13 – The RBA has elected to leave rates unchanged today, with the official cash rate remaining at 2.50%. They cited that accelerating house prices and a positive flow of economic news as a reason to keep rates on hold. The decision was widely anticipated by the market, with the positives domestic news […]
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The recently released HSBC Expat Explorer survey has highlighted the growing dissatisfaction that Australian expats have with the traditional destinations of the United Kingdom and Europe. Nearly half of the Australian respondents still resided in Europe or the UK but the level of dissatisfaction with their adopted country (51 per cent) was a
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RBA Cuts Interest Rates – Falling Dollar To Benefit Australian Expats Falling dollar to benefit Australian expats as the Reserve Bank of Australia (RBA) announced that they have cut interest rates by 0.25%, reducing the official cash rate to a historic low of 2.50%. This is the lowest the official cash rate has been since
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Top Tips for Expats to take advantage of the Falling Australian Dollar – AustCham Shanghai Workshop Time: 6:30 PM Date: 09/07/2013 Venue: AustCham Shanghai Office Address: Suite 1101B, Silver Court, 85 Taoyuan Road( near Xizang South Road) 上海市桃源路85号永银大厦1101B室近西藏南路 Member Price: 150 AustCham Shanghai and Platinum Sponsor Atlas Wealth Management’s Brett Evans will be
The Reserve Bank of Australia (RBA) has today elected to leave the official cash rate at 2.75%. They commented that the information that has become available since their previous meeting is consistent with global growth running a bit below average this year, with reasonable prospects of a pick-up next year. Commodity prices have declined from
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Federal Budget Report for 2013 – Australian Expat Edition Welcome to the Federal Budget Report for 2013 – Australian Expat Edition. After releasing most of the big changes in the last few weeks, including proposed reforms to superannuation and increases to the Medicare Levy, the Government didn’t have much left to announce in the 2013/14
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The Reserve Bank of Australia (RBA) announced that they have cut interest rates by 0.25%, reducing the official cash rate to a historic low of 2.75%. The Australian Dollar (AUD) is trading at $1.0179 in response to the move. This is the first time the central bank has cut interest rates below 3% since it
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Australian Expat Bank Accounts Require Action Before the 31st of May 2013 The Government has introduced laws allowing the Australian Securities and Investments Commission (ASIC) to transfer money from Australian expat bank accounts in Australia that have had no activity for three years. Banks and other authorised deposit taking institutions are required to submit
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Changes to the Superannuation System That Will Affect Australian Expats The Australian Federal Government has today announced changes to the superannuation system that will affect Australian expats. The changes, which target super funds with earnings greater than $100,000 per year, will come into place on the 1st of July 2014 should the Labor government
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Atlas Wealth Management Joins AustCham Shanghai As A Platinum Sponsor We’re proud to announce that today Atlas Wealth joins Austcham Shanghai as a Platinum Sponsor for 2013. Atlas will join 15 other leading Australian and international companies that support the Chamber in this capacity, some of whom include Qantas, ANZ, Boral, Cathay Pacific and Rio Tinto.
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