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| Making Your Business Thrive Despite the Circumstances | Tame the Bear | Self-Managed Super & Insurance | Home Buyers Come First | New Additions |
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Making Your Business Thrive Despite the Circumstances With all the doom and gloom being reported in the local and international press, the temptation is to adopt a “survival” mentality and hope to hold on until all of the bad news blows over. For the more positive amongst us, this period of economic upheaval can be a time of opportunity, and whilst we acknowledge that precautions must be taken to guard against disaster, there are actions that you can take that will make you bigger and stronger by the end of this cycle – not battered and weaker. |
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Tame the Bear A 'bear market' is typically defined as a fall in the share market of more than 20%, and a feeling of widespread pessimism. However, when fear reigns it can always help to look at the past to see what opportunities can arise. Generally, bear markets have occurred in times of slower or negative economic growth and a pickup in unemployment. However, to date the Australian economy is still growing, albeit at a slower pace than in recent times, and the unemployment rate is at around 30 year lows. In spite of this, the S&P/ASX All Ordinaries Index fell from its high of 6,853 points on 1st November 2007, to a low of around 3,100 recently – a fall of around 55%. |
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FREE SEMINARS
Transitioning to Retirement When: Wednesday 25th March @ 6.30pm Where: Prime Partners Boardroom, Level 1, 230 Victoria Road, Gladesville
Tax Planning and Tax Effective Investments When: Wednesday 29th April @ 6:30 pm Wednesday 6th May @ 7:00 am Thursday 14th May @ 6:30 pm Where: Prime Partners Boardroom, Level 1, 230 Victoria Road, Gladesville
For more information and to register your attendance go to our FREE Seminar Registration Form.
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 | Self-managed Super and Insurance There are many events that could cause a serious disruption to your lifestyle and these disruptions have financial and emotional consequences. Disruption usually occurs when you least expect it and as a result, emotional strain will be followed quickly by financial strain. Losing your ability to generate an income may have serious consequences on your long-term financial security. Adequate lifestyle protection cover transfers this risk to a life insurance company. |
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 | Home Buyers Come First First home buyers now have more assistance than ever to get into the property market. Under the improved government initiatives first homebuyers purchasing existing property will be eligible for grants of $14,000, while those buying a new house or apartment will be eligible for grants of up to $24,000. |
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New Additions - Young and young at heart ! Since our December newsletter Prime Partners have a few new additions, both to our office family and to our extended Prime Partners family. Two Prime Partners staff members have new additions to their immediate families. Congratulations to Lending Director Patrick Kazzi and his wife Carroll on the birth of their beautiful baby girl. Pictured above left, Caitlin Jean Kazzi was born on 5 January 2009 Congratulations also to Karen & Nick Parry. Karen and Nick had a beautiful baby boy named Jake Nicholas Parry on the 16 October 2008 (pictured below left). To the office family we had three additions of our own with Winnie Guo and Maria Zarminian joining the accounting division and Graham Taylor joining our Financial Planning Division. |
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Important Dates
Prime Partners would like to wish you all a very Happy Easter break! |
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This newsletter is provided for general information only. Before taking any specific action please contact your Prime Partners advisor on 02 9879 7005 or service@primepartners.com.au |
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