24 Nov 2017
Friday Tidbit: EQ
- Posted by Dejan Pekic BCom DipFP CFP GAICD
How does your workplace rate against the emotionally intelligent office?
Click to read.
21 Nov 2017
The Boston Consulting Group: Turnarounds
- Posted by Dejan Pekic BCom DipFP CFP GAICD
Based on current trend only 2 out of 3 companies are expected to still be in business in 5 year’s time
A 33.3% failure rate is not good news.
We have attached a paper on how businesses have been brought back from the brink by focusing on five key factors.
As you read you will quickly come to the realisation that none of these concepts are new but yet essential for the business to thrive and survive.
Click to read.
17 Nov 2017
Global Wealth Report 2017- UHNW
- Posted by Dejan Pekic BCom DipFP CFP GAICD
The numbers are staggering at both ends.
Aggregate global wealth rose 6.4% to AU$368 trillion in the 12 months to mid-2017 which equates to AU$74,394 per adult and a new record high.
It is estimated that there are 148,200 adults worldwide who can be classed as Ultra-High Net Worth (UHNW) with net assets of AU$65 million and above in 2017.
Australia has 3,000 of these UHNW adults and ranks sixth-highest in the world.
At the other end, 3.5 billion people or 70% of the Worlds adult population own less then AU$13,000.
Click to read.
Click to watch.
14 Nov 2017
Superannuation Reform: New rules on Concessional Contributions
- Posted by Dejan Pekic BCom DipFP CFP GAICD
On the 1 July 2017 the concessional contribution limit was reduced from $35,000 to $25,000 per financial year and the 10% maximum earnings condition was removed.
This means that if you are under age 65 you will be able to claim a tax deduction for personal super contributions without requiring the need for a salary sacrifice arrangement to be in place with your employer.
The employer is still required to contribute 9.5% Superannuation Guarantee and you can now contribute the difference up to the $25,000 concessional cap at your discretion and also claim this amount as a deduction in your taxation return.
WARNING, these comments do not constitute Personal Advice and conditions do apply.
Click to read.
7 Nov 2017
Entrepreneurial Genius: Earths Richest Man
- Posted by Dejan Pekic BCom DipFP CFP GAICD
Success is and has always been 99% perspiration and 1% inspiration.
That certainly applies to Amazon founder Jeff Bezos who is now Earths Richest Man after moving into 1st place at US$94.6 billion by overtaking Microsoft founder Bill Gates at US$88.4 billion.
Jeff Bezos five most important lessons for success are-
- Think big
- Keep innovating
- Don’t fret about failure
- Profits matter much less than market share
- Forget acquisitions
Click for Bloomberg Billionaires Index.
3 Nov 2017
Friday Tidbit: Opinion
- Posted by Dejan Pekic BCom DipFP CFP GAICD
Some do and don’ts for managing the art of communication with fellow Directors, colleagues, friends and family.
Unfortunately we all fall into the traps at one time or another.
Click for a reminder.
