enquiries@kofkinbond.com.au     03 9111 2675

Spending in retirement and the taper rate

Reading Time: 7 minutes

There are a few key questions that people need to think about when planning for their retirement, such as:

  • How much do I need (and can afford) to save for my retirement?
  • How do I invest my superannuation to improve my retirement outcome?
  • How do I safely draw down and spend my savings during retirement?

As compulsory Superannuation Guarantee (SG) contributions only commenced in Australia in 1992, starting at 3% of earnings and gradually increasing to 9% by 2002, it is fair to say that our superannuation system is still relatively immature. In addition, the SG only applies to employees who earn more than $450 in a calendar month and doesn’t apply at all to the self-employed and contractors in the so-called ‘gig economy’.

Why are recessions usually good for share prices?

Reading Time: 4 minutes

The Australian economy contracted by -0.3% in the March 2020 quarter and the June quarter will see a much larger fall. Australia is now in its first economic recession since Paul Keating’s ‘recession we had to have’ in 1990-1991. Perhaps surprisingly, economic recessions have generally been good for share prices in Australia, and the stock market rose on the news of the March 2020 number.

There is widespread acceptance that the government-ordered shutdowns of activities created instant recessions and unemployment for tens of millions of workers around the world. The debate is now about how deep and how long the recessions or depressions will be.

Introducing Matthew Leech

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We are pleased to announce that Matt Leech from Incite Wealth in Sydney, will be joining the Kofkin Bond Family.

Matt is an exceptional adviser with 13 years experience. Heading up our Sydney office, Matt’s various skills and insight will be integrated into the Kofkin Bond model of business.

Matt has been known to show compassion for his clients and their outcomes and knows that he will be a wonderful addition to the business.

We are very excited to have him on board.

Vanguard Economic and Market Update – April 2020

Reading Time: 7 minutes

Key points:

  • Vanguard continues to anticipate the sharpest global recession in recent history.
  • Despite China’s GDP contracting 6.8% in the first quarter in 2020, Vanguard cautions against reading too much into this figure for its global or its domestic implications.
  • The coronavirus outbreak threatens to drag Australia to two consecutive quarters of economic contraction for the first time in nearly 30 years.
  • Vanguard’s 10-year annualized outlook for equity returns, at March 2020, has improved since the start of the year as the COVID-19-inspired sell-off reduced valuations.

51. Lock Down on Superannuation

Reading Time: < 1 minute
With the continued hysteria within the markets, we have seen signs of something shown in Industry Funds that happened in GFC with the freezing of funds.
This can be a complex and complicated time for all and if we can answer any queries. 03 9111 2675 | enquiries@kofkinbond.com.au

37. Hurdles with Michael Lagudi

  • Willard Lloyd
  • December 3, 2019
Reading Time: < 1 minute

Michael Lagudi. National Manager of Investment Solutions, Morningstar.

Having the world at his feet in what he explains as the perfect life, to a diagnosis. Michael shares the emotional experience of the process through Stage 4 Cancer and how a positive mindset and financial protection ensured his survival.

What the election could mean for your Investments.

Reading Time: 6 minutes

The final days are drawing near as Australia readies itself to vote.

The tax has been one of the main battlegrounds for the two major parties, with Labor’s proposed taxation policies set to make sweeping changes to franking credits, capital gains tax and negative gearing.

Here’s Kofkin Bond & Co’s guide to what the proposed changes could mean for you if Labor gets elected.

·        Franking Credits

·        Capital Gains Tax

·        Negative Gearing


There is a popular phrase thrown around by teenagers that also applies to investors: FOMO (fear of missing out)

Reading Time: 2 minutes

Recently, we have been closely watching market valuations that have been indicating overpriced equity markets and it has us concerned. I liken the current state of the markets to that of the movie, The Big Short, which was based on   the GFC (Global Financial Crisis) (If you haven’t seen the movie and would like to know what’s happening in our current markets I urge ask you to watch it this weekend.)

Although we still have exposure to some growth assets including certain shares in both Australia and various regions, Having watched people’s wealth being destroyed during the GFC, has made us overly conservative has made us highly conservative for two reasons:

  1. Our job is to preserve our client’s wealth during both good and bad times
  2. If the bad times occur, we don’t want to be in a position where we simply must ride out the loss of capital. We strive to be in a position to be able to buy, great, however,  oversold, assets with cash.

Financial and Physical wellness go hand in hand

Reading Time: 3 minutes

You have probably heard of the significant benefits associated with workplace wellness programs; perhaps you have even implemented one in your organization. What many employers (and others) don’t realize is that financial wellness is just as important as physical wellness. In fact, employees who struggle from financial trouble are often more likely to have less focus at work, an unhealthier lifestyle and higher medical costs. Incorporating a financial component to your wellness program can be a strategic move that both your budget and your employees will appreciate.