News

On our news page, you will find the latest financial news, valuable insights and new ideas, tips and tricks we've learnt over the years and other helpful educational pieces.

Foreign Investment

Brexit: a message from the MGD Wealth Investment Committee

We have noted for some time, through our LDI Connect portfolio updates, investment risks in general terms remain elevated and the “Brexit Vote” highlights such an event that can upset markets. Brexit is just one of numerous issues at any point in time that are risk event considerations for investors as we deal with what are certainly challenging and interesting times.

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Moving to, investing in and doing business in Australia for the wealthy

Australia continues to develop its taxation and migration laws to attract wealthy foreign citizens to invest in and to live in Australia. Although moving to or investing in Australia can be attractive, expert advice should be obtained to ensure compliance with Australian regulations.

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ATO taxes Chinese citizen on cash transferred to Australia….a timely reminder for immigrants

Case study: ATO taxes citizen on overseas cash transfers made to Australia after he moved here.

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Reduced penalty period deadline for foreign investment breaches fast approaching

Earlier this year the Australian Government announced reductions in penalties for foreign investors who disclose breaches of Australia’s foreign investment rules for purchases of Australian residential real estate. This offer will come to an end on 30th November 2015.

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