A Coalition victory has probably left work dormant in the “access in case of a Labor victory” folder of financial firms across Australia. This was not lost on Viridian’s Chief Investment Officer Piers Bolger who was joined by representatives from KPMG, PwC and Deloitte at Viridian events across the country recently. Together they led an open floor discussion on the challenges and opportunities presented in the investment and tax landscape post-election.
The events were an opportunity for Piers to provide direct insight on the three key challenges highlighted in his monthly market update – US and China trade tensions, how the Federal Reserve is reacting to these tensions that threaten global growth and the Reserve Bank’s decision to cut interest rates.
The tax landscape sees unchanged policies in relation to the CGT discount, negative gearing and franking credits providing welcome stability to for investors as they look to end of year tax planning.
Of course, it is important to provide investors with continual insights into markets. But we never want clients to feel like this is a one-way street or restricted to a meeting with their advisor. These opportunities for open discussion on what it means to be an Australian investor builds the client connection that Viridian prides itself on. We look forward to hosting more of these events across the country in the future.
Please contact your advisor if you would like to be a part of future events.
Piers Bolger is Chief Investment Officer at Viridian Advisory
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