THE ADVISER’S NOTEBOOK

May 2023

CONTENTS

UNVAILING THE 2023 FEDERAL BUDGET: WHO GETS A BOOST AND WHO TAKES THE HIT?

MORE AUSSIES ELIGIBLE FOR HOME GUARANTEE SCHEME TO ACHIEVE HOME OWNERSHIP

ATO TARGETS WORK-RELATED EXPENSES AND INVESTMENTS PROPERTIES: WHAT YOU NEED TO KNOW THIS TAX SEASON

WARREN BUFFETT ADMITS PICKING WINNING STOCKS IS HARD: HERE’S WHAT INVESTORS SHOULD KNOW

CHATGPT TAKES ON THE TEST: HOW IT PERFORMED IN HUMAN EXAMS

DISPELLING THE MYTH: UNDERSTANDING CORTISOL’S ROLE IN OUT HEALTH AND WELL-BEING

 

SCROLL THROUGH THE STORY REEL BELOW

Welcome to the May Edition of the Adviser's Notebook.

As we move further into the year, and into the colder months, we remain committed to supporting you on your financial journey. In this month's edition, we have curated a collection of articles that cover a diverse range of topics to help you make informed decisions about your finances.

The 2023 Federal Budget has been unveiled, highlighting key areas that will receive increased funding and the potential impact on taxpayers. Understand where the funding is going and who will be footing the bill. With the end of financial year fast approaching, if you are looking to claim work-related expenses or have investment properties, it's time to brush up on allowable claims and keep accurate records, as the ATO is targeting these areas this tax season.

Discover why Gen Z is more optimistic than you think about their financial future and how they are building a brighter tomorrow through entrepreneurship and side hustles. Learn about the expanded Australian government home guarantee scheme and whether it will help solve the housing crisis. Get investment insights from Warren Buffett's recent shareholder letter, where he admits the difficulty of consistently picking winning stocks and recommends low-cost index funds.

Also, dive into the latest advances in artificial intelligence with ChatGPT's performance in human exams and learn how GPT-4 is revolutionizing AI technology. Finally, dispel the myth surrounding cortisol's role in our health and wellbeing and understand its essential function in regulating many biological functions in our body.

We hope this month's edition provides you with valuable insights and inspires you to make positive changes towards your financial goals. As always, our team is here to assist you with any questions or concerns you may have. Wishing you a fulfilling and prosperous month ahead.

Gavin Glozier, AdvFP
CEO & Principal Financial Adviser
P 1300 763 498 • M 0408 155 140
Level 33, 264 George St NSW, Australia
Life the life you want to live.

The most important investment you can make is in yourself. Very few people get anything like their potential horsepower translated into the actual horsepower of their output in life. Potential exceeds realization for many people...The best asset is your own self. You can become to an enormous degree the person you want to be.

Warren Buffett

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