THE ADVISER’S NOTEBOOK
May 2024
CONTENTS
UNVEILING THE APRIL 2024 ECONOMIC OUTLOOK
WHY GOLD SHINES BRIGHT IN TODAY’S ECONOMY
NAVIGATING TAX IMPLICATIONS FOR AUSTRALIAN INVESTORS
WHY YOU NEED TO KNOW ABOUT ATO’S CRACKDOWN ON WORK-FROM-HOME EXPENSES
RENTVESTING SECRETS: A PATH TO PROPERTY OWNERSHIP OR RISKY GAMBLE?
HAPPINESS ECONOMICS UNVEILED: INSIGHTS INTO THE PURSUIT OF CONTENTMENT
SCROLL THROUGH THE STORY REEL BELOW
Welcome to the May Edition of the Adviser's Notebook!
Tonight, all eyes are on the Federal Budget announcement, where important decisions will shape our financial landscape for the years ahead. We're eager to see how government policies will impact our financial strategies moving forward. Stay tuned on our socials (Instagram and Facebook) for the summary of the budget announcement.
In this edition, let's take a moment to reflect on the economic outlook revealed in April, giving us valuable insights into where our economy is headed. We'll also explore why gold remains a shining star in today's economy and why some are considering it as an investment option.
As tax time approaches, we've got some handy reminders to help you navigate the maze of tax implications for Australian investors. Learn about the recent crackdown by the Australian Tax Office on work-from-home expenses and find out how you can make the most of deductions while staying on the right side of the taxman.
Ever heard of rentvesting? We'll spill the beans on this strategy – is it a smart path to property ownership or a risky gamble? Dive in to uncover the pros and cons.
Lastly, look into the fascinating world of happiness economics. Discover what it takes to find true contentment and how it can impact our lives and communities.
Remember, the team at Your Wealth Hub Advice is here to offer support and guidance as you navigate your financial journey.
Let's tackle the month of May with optimism, resilience, and a commitment to financial well-being!
Warm regards,
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.