WEALTH MANAGEMENT – ADVICE, CLIENT SERVICE & EXPERIENCE

The value of your adviser

The value contributed to your situation by your financial adviser outweighs the fee you are paying through delivering both tangible and intangible benefits.

Article from Michelle Bromley CFP®, Director – Strategy and Advice

Click below to read more.

READ MORE

WEALTH MANAGEMENT – ADVICE, CLIENT SERVICE & EXPERIENCE

Reporting Season Highlights

“Initially, investors saw very strong results from the likes of CBA, Suncorp & Telstra. But then, as we move further into the period it has become more challenging for companies such as Ramsay Healthcare” says Marcus Bogdan, Prime Investment Committee Member, Australian Equities Specialist and CIO of Blackmore Capital.

WATCH NOW

WEALTH MANAGEMENT – ADVICE, CLIENT SERVICE & EXPERIENCE

Yield Portfolio Ideas Presentation

Simon Madder (Managing Director & CEO) and Cameron Morcher (Partner – Wealth Management) explore in detail some of the different types of investments that could be considered in a portfolio to boost income without taking on excessive amounts of additional risk.

Click below to watch now.

WATCH NOW

WEALTH MANAGEMENT – ADVICE, CLIENT SERVICE & EXPERIENCE

Investment Committee Appointment – Craig Ferguson

We are pleased to confirm that Craig Ferguson (Director of Strategy at Antipodean Capital) has joined Prime’s Wealth Management Division in the capacity of Investment Committee Consultant.

Click below to read more.

READ MORE

WEALTH MANAGEMENT – ADVICE, CLIENT SERVICE & EXPERIENCE

Corporate Actions & Updates

As part of keeping you up to date on the communications that we are discussing with clients, please click below for the most recent notes.

PRIME SMA

Monthly Commentary

The Australian equity market continues to be bolstered by a stronger than expected recovery in company profits, with the ASX 200 on track to deliver earnings growth of ~25% for the 2021 financial year.

Click below to read more.

READ MORE

EVENTS

FY21 Earnings Reporting Season Review & Our Key Observations – Wealth Webinar (Session 14)

In our recent wealth webinar, we spoke in length about FY21 Earnings Reporting Season Review & Our Key Observations, presented by Marcus Bogdan – Prime’s Investment Committee Member and Australian Equities Specialist.

Click below to watch now.

WATCH NOW

SMSF

Life Insurance and Super: To claim or not to claim?

Karen Dezdjek (Director – SMSF) discusses what to consider in life insurance premiums to avoid paying unnecessary tax.

Click below to read more.
Read more

ACCOUNTING SUPPORT

R&D Tax Incentive

R&D tax incentive applications for activities and expenditure incurred during the tax year ended 30 June 2021 can be submitted from now until 30 April 2022.

The AusIndustry application form has moved to an online version that requires clients to authorise the R&D tax agent via the governments MyGovID platform.

The underlying R&D tax incentive legislation has not changed materially with the main benefit coming in the form of a refundable R&D cash rebate of up to 43.5% of annual R&D spend (for companies with grouped annual revenue of below $20 million).

Export Market Development Grant Updates

As previously indicated, Austrade have moved to a new EMDG program to support Australian businesses to promote themselves overseas. Businesses have the current ability to lodge their final claim under the old program and also apply for the new program.

Old Program – Grant claimed for past expenses

Businesses have an opportunity to lodge their last application under the existing EMDG program.

Applications for eligible overseas promotional expenditure paid during the financial year ended 30 June 2021 can be submitted from now until 28 February 2022.

New Program – Upfront approval required for future spend

Applications under the new program opened on 16th August 2021 and close on 30th November 2021.

The new program still provides a grant of up to 50% of eligible expenditure but needs to be approved in advance vs claiming retrospectively under the old program

Assistance
Prime can assist in assessing your businesses eligibility under the above programmes. Should you have any questions please do not hesitate to contact:

R&D

Simone Quin via email or on 03 9869 5936

Brendan Brown via email or on 03 9869 5922

EMDG

Stuart Thomson via  email or on 03 9869 5927