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Share Market Update, Service Trust Issue and Budget 2020

In this newsletter, we discuss the latest developments in

  1. Current share market insight with Magellan’s Lead Portfolio Manager, Hamish Douglass

  2. NSW Revenue Office Payroll Tax for service trusts and companies

  3. Budget 2020 Summary

We discuss these topics in detail below.

Current Share Market Insight

In this quarterly update, hear from Hamish Douglass, Chairman, CIO and Lead Portfolio Manager at Magellan.  He will give his thoughts on the US election, explain a critical assumption driving share markets higher and tells why Chinese tech giants will survive any decoupling with the US.

Watch Hamish Douglass video below – the viewing time is approx. 60 minutes.

Please contact us if you would like to discuss your investment portfolio and your investment strategy. 

NSW Revenue Office Payroll Tax Development

The State Revenue Offices around Australia currently have medical and healthcare providers in the spotlight. The recent activity has demonstrated they are looking to expand the application of payroll tax in the Medical and Dental practice professions.

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Budget Summary

The government announced the 2020-2021 budget on 6 October 2020 with a series of proposed measures.   We have been monitoring these measures and their passing of legislation and the key changes relevant to you.

Read full article >>