market insights, economy

Maxim Monthly Market Insights - March 2016

• The Australian and Hunter economies are weathering the end of the mining boom and showing signs of renewed strength. 

• That’s seen a large number of jobs created, unemployment fall and overall consumption fill the void left by collapsing mining investment. 

economy - Maxim monthly insights

Maxim Monthly Market Insights - February 2016

 

• 2016 has kicked off with a bang as the competing forces of central bank policies, collide with the chill wind of a slowing Chinese and US economy.

• Markets have gone into a funk, stabilised, rallied off their lows but are still vulnerable to further pressure and aggressive selling. It's clear that in 2016 the volatility of volatility is rising across global markets.  

Commodity CRB Index

Maxim Monthly Market Insights - December 2015

  • Merry Christmas. We end 2015 with the Australian economy doing what it has done for almost 25 years, defying the doomsayers. Growth is ending the year in much better shape than many predicted.
  • Strong employment growth has mitigated against low inflation to stay the RBA’s hand from easing and potentially turn the focus toward a discussion on tightening.

Maxim Monthly Market Insights - November 2015

  • Employment continues to defy the pundits views of a weaker Australian economy and the Hunter is finally benefitting as well. That’s good news.
  • But even with strong employment the RBA has left the door ajar to further rate cuts because headline inflation is so low in Australia
  • Global trade, China and emerging markets are still a clear and present danger.
logbook

Is keeping a logbook driving you around the bend?

We all know that recording a valid logbook for work & business travel is the key to maximising your car deductions and minimising your employee fringe benefits tax implications. But is keeping a paper logbook or even utilising a mobile App driving you around the bend?

$2,000 up for grabs for small employers

If you're a small employer adding to your workforce, the NSW Government wants to give you a helping hand.

Maxim Monthly Market Insights - October 2015

 

Maxim Monthly Market Insights

  • Malcolm Turnbull might have timed his run at the lodge perfectly as business conditions improve and the Australian dollar supports the economy.

Growth prompts new appointments at Maxim

Newcastle’s Maxim Accounting has expanded its business by reintroducing Scott Norrish as a Director. Maxim has also recently added four qualified Client Managers, strengthening its reputation as one of the leading business advisory firms in the Hunter.

SMSF lending

All banks tipped to exit SMSF lending if restrictions proceed

Source: SMSF Adviser

An industry broker has warned a ban on personal guarantees for limited recourse borrowing arrangements by the government could see all institutions completely exit SMSF lending.

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