January 2014 foreign exchange rates The ATO has released the average foreign currency exchange rates for January 2014. Rates for selected countries include: · Europe – 0.6818; · Hong Kong – 7.0998; · Japan – 95.9324; · NZ – 1.1030; · UK – 0.5604; · USA – 0.9200. Interested in joining our team? Why not […]
Some SMSF statistics
Some SMSF statistics Some SMSF statistics as at 30 September 2013, there were over 516,000 SMSFs holding around $531 billion in assets. Although SMSFs are nearing one million SMSF members (980,000), or 8% of the 11.6 million members of Australian super funds, they account for 31% of the $1.6 trillion total super assets as at 30 […]