MESSAGE FROM CEO
Update from Simon
To all our Partners and your respective teams, thank you so much for your support during the year.
We continue to understand the privilege of advising your clients and working with you to collectively deliver the very best possible experience and outcomes.
On behalf of the whole Prime Team we hope you and your families have a great end to the year and festive period and we look forward to re-connecting in 2022.
All the very best,
Simon and the Team
WEALTH MANAGEMENT – ADVICE, CLIENT SERVICE & EXPERIENCE
December Office Closure Dates
With the festive season approaching, we wanted to inform you that our office will be closed from Monday, 20 December 2021 and returning on Monday 10 January, 2022.
During this time, our Client Services Team will still be available to assist you and can be contacted on 1800 064 959 or via email at clientservices@primefinancial.com.au (excluding public holidays).
Sending our warmest thoughts and best wishes for a wonderful festive season.
We look forward to working with you in 2022.
WEALTH MANAGEMENT – ADVICE, CLIENT SERVICE & EXPERIENCE
Recent Weekly Market Update
Click below to read our recent market update, released on 6th December.
WEALTH MANAGEMENT – ADVICE, CLIENT SERVICE & EXPERIENCE
What stocks are pandemic resilient?
Marcus Bogdan, Prime Investment Committee Member discusses that there are three things to keep in mind when investing in companies: pandemic resilience, evidence from numbers and whether the sector has sold back dramatically over the last quarter.
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.
WEALTH MANAGEMENT – ADVICE, CLIENT SERVICE & EXPERIENCE
Wholesale Investment Opportunity – Metric Fund
The fund will target 15%+ IRR (net of fees and costs), giving investors access to the strong and attractive returns of direct CRE equity investment opportunities originated by Metrics.
PRIME SMA
Monthly Commentary
With the Australian equity market having returned more than 70% since the pandemic lows of March 2020, the recovery in stock prices has begun to show signs of moderation.
Click below to read more.
PABA
New Requirements for Directors
From 1 November 2021, directors of Australian corporations will be required to be registered under the Australian Business Registry Services (ABRS) Department with a Director Identification Number (DIN).
SMSF
Q&A podcast by Olivia Long
Olivia Long (Prime’s Managing Director – SMSF) discusses pre-tax super contributions, carbon credits, converting SMSFs to pension mode and more.
Click below to have a listen.
CAPITAL
Prime (ASX: PFG) acts as corporate advisor for Hipages Group (ASX:HPG) in their acquisition of a 25% interest in the issued share capital of Bricks + Agent.
Prime Capital is delighted to have acted as corporate advisor for Hipages Group Holdings Limited (ASX:HPG), owner of hipages, in their acquisition of a 25% interest in the issued share capital of Bricks + Agent.
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.
From 1 July 2021 there have been changes to the program, the most significant being the R&D tax incentive rates that apply, in particular to companies with a grouped turnover of greater than $20M. The new R&D rebates are summarised here:
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
