Archives: Questions And Answers

With Energy prices rising hitting fuel prices, to me that is already anti inflationary as I reckon I drive less and spend on other things to combat the fact I have less money to spend as more goes to fuel. So why then do central banks punish us further with higher interest rates to combat inflation from rising fuel prices when higher fuel prices are punishing us anyway. Seems we get whacked twice

Hi I think you had written in the past about investing for minor
My understanding is that you can open a broker account in your name, as trustee for the minor. My understanding is that the TFN to be provided for the holdings within this account is your own TFN, and that once the minor turns 18, you can transfer the holdings into their own account in their own right, without incurring a capital gain issue when the holdings are transfered into their own names. Income from dividends and distributions, and taxes, are incurred in the name of the adult who open the account (as trustee for the minor, and not in the name of the minors ) Correct me if I am wrong