360Private

Members of the 360Private Investment Committee attended the Sohn Hearts & Minds Investment Leaders Conference earlier this month in Sydney. The conference has been running for 19 years in the United States and this year marked the first in Australia.


It was a unique opportunity to gather distinguished global and local investment professionals to share their expertise and exclusive investment ideas. Importantly, 100% of all funds raised through the conference went towards medical research charities.

Some of the ideas presented by the guest speakers were:

Parents naturally want to make sure that their kids are safe, secure, and healthy, and they will always want to be there for the if they're not. But what happens if your child is seriously injured or struck down with an illness and they need more of your time than your current situation allows? How do you take time off away from work to care for them whilst at the same time juggling the costly expenses of hospital visits, surgeries, and medications, without reducing your income?


Serious illness and inury to children impacts the family unit not just emotionally, but financially as well. You probably have trauma cover for yourself, but what about your children?

Child trauma policies cover a number of events and provide a lump sum payment, giving your family much needed financial relief so that you can concentrate on what is most important - your child's recovery.

Benefits will vary from provider to provider, but most policies will cover the following insurable events:

Planning for retirement means different things to different people, but for many Australians, it's not all about savings and superannuation. If that's the case, how are they expecting to fund their retirement?


It turns out that many Australians are hoping to receive an inheritance windfall to take the pressure off their financial future. In the meantime, their ommitment to a comfortable lifestyle is chewing up much, if not all of their disposable income. Smashed avocado anyone?

A recent study by IPSOS, in conjuction with MLC found that 17% of Australians say they're waiting for an inheritance. This expectation actively discourages them from making concrete financial plans to fund their retirement. Instead, they count on a potential cash windfall to clear their mortgage and leave them with extra disposable income for superannuation payments and investments to fund their golden years.

New annual caps and bring forward rules have replaced the Government's proposed $500,000 lifetime non-concessional contribution cap and there are some key changes you need to be aware of.


The Government's proposed lifetime $500,000 non-concessional contributions (NCC) cap has been replaced with new annual caps and bring forward rules. From 1 July 2017 the key changes are:

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What is it? Who does it? And how does it stack up against other styles?


Value investing is buying companies at less than their intrinsic value. The discount of the market price to the intrinsic value is called the “margin of safety”.

For some it’s all about buying shares on low price-to-earnings ratios (PERs); others buy tangible assets for less than their book value.

The term Margin of Safety was first coined by Benjamin Graham, who is largely recognised as the father of value investing. There have been many adopters of this style and approach to investing including famous investors Warren Buffett, Charlie Munger and Seth Klarman, just to name a few. Berkshire Hathaway, the company run by Warren Buffett, is a standout example of the performance of value investing. Had you bought one share for US$19 back in 1964, that one share would now be worth approximately US$223,000.

Less than 20% of retiring individuals and less than 30% of retiring couples aged over 65 are able to retire comfortably. Are you in their number?


The Association of Superannuation Funds of Australia (AFSA) defines a ‘modest’ retirement lifestyle as one which is better than the Age Pension but where the retiree is still only able to afford basic activities. A ‘comfortable’ lifestyle is defined as when a retiree is able to “be involved in a broad range of leisure and recreational activities and to have a good standard of living through the purchase of things such as; household goods, private health insurance, a reasonable car, good clothes, a range of electronic equipment, and domestic and occasionally international holiday travel.” In both cases, it is assumed that the retirees own their own homes outright and are relatively healthy.

The obligations and responsibilities of an executor of an estate are extensive and if inadvertantly mishandled, there can be severe consequences for the executor. Do you want to put a family member or a friend under that pressure?

With the ATO increasing the penalties for compliance mistakes for SMSF’s, now is a good time to make sure you’re doing everything by the book.

The 3 May Federal Budget announcements proposed several changes to super and tax. Whilst some of these changes were expected, there are additional changes to super that may impact your current strategies and how you plan for your retirement.

The Government has been dishing out plenty of good news for small business owners lately, and are now set to slash tax rates as part of its ‘10 year Enterprise Tax Plan’.

This year’s Federal Budget was largely considered to be a benign event for equity markets. We expect lower than usual trading levels.

Financial health check

Whether it be a query about superannuation, investments, insurance, mortgage or any other financial based questions, get 360Private to check on your financial health.

Client testimonials

We've relied on them for over 30 years

We have relied on the Team at 360Private for accounting and financial advice for over 30 years. Their sound strategy enabled our investments to perform well even through the Global Financial Crisis and we have benefitted from their knowledge of taxation law and superannuation. On a day to day level, we are always able to get prompt replies to any accounting matters relating to our business and everything is explained in language we can understand, rather than in "accountant speak". Our children now have their own businesses too and they also rely on 360Private.

- Sandra Haese, Director, Haese Mathematics

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