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In finance and investing FY means the financial year or fiscal year. They are the same thing but “fiscal year” is more commonly used outside of Australia.
In finance and accounting, there are four financial statements which are vitally important to understanding how a business runs and how it is performing.
Franking credits are a tax credit available to eligible shareholders of Australian companies. They are also called imputation credits.
Defined: A stock market crash / share market crash is a rapid sell-off or falls in asset prices, like shares / stocks, bonds or property.
The price-earnings ratio (P/E) is a share valuation metric commonly quoted in the financial media. The formula to calculate the P/E ratio is the company’s share price divided by its earnings (or profit) per share.
ROI stands for Return on Investment and is one of the simplest and most versatile ratios to compare the profitability of investments. The formula to calculate ROI is the net return from an investment divided by its cost.
Superannuation is the Australian Government’s answer to creating a sustainable retirement strategy for our growing population. To encourage us to grow our retirement nest egg, the Government has made Super a very attractive place to invest our money.
There are two simple ways to contribute or add money to superannuation.
Salary sacrifice is a strategy used to divert money before income tax has been paid or withheld. It is commonly used in a superannuation accumulation strategy to direct money straight from an employer to an employee’s superannuation fund.
If you are self-employed, you can make personal contributions to a superannuation fund as a long-term retirement strategy – and claim a tax deduction.
In finance and investing FY means the financial year or fiscal year. They are the same thing but “fiscal year” is more commonly used outside of Australia.
In finance and accounting, there are four financial statements which are vitally important to understanding how a business runs and how it is performing.
Franking credits are a tax credit available to eligible shareholders of Australian companies. They are also called imputation credits.
Defined: A stock market crash / share market crash is a rapid sell-off or falls in asset prices, like shares / stocks, bonds or property.
The price-earnings ratio (P/E) is a share valuation metric commonly quoted in the financial media. The formula to calculate the P/E ratio is the company’s share price divided by its earnings (or profit) per share.
ROI stands for Return on Investment and is one of the simplest and most versatile ratios to compare the profitability of investments. The formula to calculate ROI is the net return from an investment divided by its cost.
Superannuation is the Australian Government’s answer to creating a sustainable retirement strategy for our growing population. To encourage us to grow our retirement nest egg, the Government has made Super a very attractive place to invest our money.
There are two simple ways to contribute or add money to superannuation.
Salary sacrifice is a strategy used to divert money before income tax has been paid or withheld. It is commonly used in a superannuation accumulation strategy to direct money straight from an employer to an employee’s superannuation fund.
If you are self-employed, you can make personal contributions to a superannuation fund as a long-term retirement strategy – and claim a tax deduction.
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“Rask Invest” is considered a financial product and has a Product Disclosure Statement (PDS) and Target Market Determination (TMD), issued by InvestSMART. These documents can be accessed on the Rask Invest website. Please seek professional advice before making any investment decision with respect to Rask Invest.
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