Mulcahy & Co Latest News

Reasons why Australia won’t have a recession

General News: 09/09/2019

As of yesterday, Australia’s Gross Domestic Product (GPD) was at 0.50% for the quarter and stood at 1.40% for the year. It could be viewed that it has been the slowest rate of growth since the Global Financial Crisis or depending on your outlook 28 years of growth without a recession. AMP’s Chief Economist penned...

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Agriculture is back on trend- let’s talk succession.

Agri Business: 09/08/2019

Succession can be defined as, ‘a process by which individuals are scanned to pass on the leadership role within a company’. The process ensures that the business continues to operate efficiently without the presence of people who were once holding key positions as they must have retired or resigned for example.‘Succession Planning’ is on trend...

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Why purchase an ex dairy farm for a conversion?

Agri Business: 31/07/2019

When you see people paying over $4,000ac for cropping ground at Lake Bolac (average rainfall 512mm), but you can buy land around Timboon for between $4,500- $5,500 (average rainfall 956mm) where would you rather your purchase be? Over the past two years there has been a change in the agricultural profile surrounding the southwest region....

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SMSF Matters – April 2019

SMSF News: 17/05/2019

Hello and welcome to another edition of SMSF Matters April 2019. The 2019 Federal Budget has proven to be a quiet affair for SMSFs and superannuation with the Government choosing to largely leave superannuation policy untouched. As you would be all well aware since the budget, the Prime Minister Scott Morrison has announced the Federal...

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Farm Interest Rates – It’s Getting Interesting!

Agri Business: 04/02/2019

It is very likely we are going to see an interest rate reduction by the RBA this year.  As we approached the end of 2018 it became apparent that the economy was starting to slow.  This was highlighted by the reduction in property values in Melbourne and Sydney. Below is a graph of interest rates over...

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Effects of the Royal Commission

Mortgage News: 20/12/2018

There has been so much talk in the media about the recent Royal Commission and what is happening with borrowing money right now. The most frequently asked question that I get is “Have the banks cracked down on lending”. Well the answer is no they haven’t cracked down on lending money, the policies that bring...

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Money Matters – Summer 2019

General News / Money Matters: 20/12/2018

Hello and welcome to another edition of Money Matters. Santa is nearly here again!  I don’t think I am alone in saying that this year has flown. Christmas can be a busy time for people in their personal lives, catching up with family and friends. And for some, enjoying a hard earned rest. But for...

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