And so we come to the end of one financial year and the beginning of another. On personal reflection this year has been the busiest in my career and on top of this my eldest daughter started Primary School, bringing home homework, readers and assignments.
Each year seems to get busier and busier. Why does time seem to speed up with age? Where does the time go? It’s a mystery.
On reflection the past year has brought some great milestones – some which I wish I had appreciated more at the time. So don’t forget to stop and smell the roses no matter how fast life seems to pass by.
I’m looking forward to this financial year and a little break in July. Aloha!
As always, a big thank you to all our amazing staff for their hard work, effort and support over the last financial year. We have an amazing crew.
It’s nearly 12 months since I wrote about the need to continue to look back and understand the path travelled that has brought us to the present when trying to forecast the future. I wrote of the enduring impact of the 2008 financial crisis and the post-2008 financial crisis world of low interest rates, quantitative easing and the impact of this on our preparedness to accept historic low yield on asset acquisitions. My view was that it was a good time to consider liquidating marginal assets as the cycle was turning.
When I was asked to write a blog about ‘life experiences’ my immediate reaction was to become quite reflective and ponder exactly what it was I had achieved in this life to date, and furthermore what I had to offer others based on those experiences and achievements. I quickly came to the conclusion that there are far smarter people out there than I and given I am perhaps more a ‘do as I say not as I do’ kind of person I thought I would leave the life lessons to someone else.
It has recently been reported, and we have observed among our clients, that incidents of internet and phone-based scam attempts are on the increase. For instance, the ATO advise that in September 2018 alone there were 8,859 ATO-related scam incidents reported, up from 4,366 the month before. Worryingly, they also say that in 46% of these cases the victim handed over personal information, with a reported $371,766 being paid to scammers impersonating the ATO for the month.