John Hughes Advisory Pty Ltd in Moonee Ponds, Victoria | Investing service

John Hughes Advisory Pty Ltd

Locality: Moonee Ponds, Victoria

Phone: +61 3 9375 7388

Address: 27 Norwood Cres 3039 Moonee Ponds, VIC, Australia

Website: http://www.jhadvisory.net

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25.01.2022 Our Client Information Superannuation Seminar is to be held on Wednesday 19th April @ 6pm Punthill Hotel Apartments John Coleman Room 1142 Mt Alexander Road Essendon. Please RSVP Lorraine on [email protected] or 9375-7388

24.01.2022 Estate Planning & Superannuation A number of the Post 30th June 2017 Superannuation changes will impact the effectiveness of many estate planning actions that are currently in place. Some of the items requiring review are:...Continue reading

24.01.2022 Some significant Federal Budget announcements from Tuesday night. Opportunity for retirees who downsize their residential property to contribute $300,000 to Superannuation Opportunity for first home buyers to make tax advantaged superannuation contributions and access in tax a concessional way to assist with a home purchase....Continue reading

24.01.2022 Important Change of Date We have rescheduled our superannuation seminar to 6pm Wednesday 19th April 2017. Please contact Lorraine at [email protected] or 9375-7388 to reserve your place. At a recent seminar of leading Australian CEOs a number of predictions and observations were made The whole nature of work will shift dramatically over the next three years...Continue reading

23.01.2022 CYBER SECURITY A recent State of Cyber security in Asia Pacific report showed Only 56% of Australian respondents agreed all employees or departments in their organisations understood safe cyber security practices. 34% of Australian respondents said employees in their organisations dont check with the IT department before installing new devices or installing software on company devices....Continue reading

22.01.2022 A recent survey of Australians, found 60% are happy with their lives. The lifestyle habits they said contributed to this included: Being outdoors Planning ahead Being reliable Staying in touch with friends... Spending time with family & friends Laughter Good health A recent Federal Court decision declared that there was capital gains tax rollover relief where there was a transfer of assets owned by a family trust as a result of a Family Court order because of a marriage break down. Marriage break down has offered capitals gain rollover relief for assets owned personally and superannuation, however, the position of family trust owned assets was previously less clear. There was some uncertainty about the post 30th June 2017 $1.6million cap for Superannuation and the position of borrowings within Superannuation. This uncertainty has now been clarified and the strategy of borrowings within Superannuation to acquire real estate can now be undertaken with much more certainty. We are encountering more and more situations where the loss of a parent has left an unfavourable impact on the financial affairs of the surviving partner or the children of the deceased. With a bit more planning these circumstances could have been avoided. Whilst the subject of discussing estate planning may feel uncomfortable the disadvantages can often outweigh these feelings. Its been a noticeably quiet period on international markets over the last couple of weeks with the US index, the S&P 500, finishing its 15th straight session with a daily change of 0.5% or less on Tuesday. This is the longest such streak since February 1969, according to Dow Jones data. Our market followed the trend and traded in a tight band over the last week also. Wage growth data released on Wednesday was particularly uninspiring for the economy as figures showed wages grew at 1.9% for the year to the end of March, while CPI grew at 2.1% over the same period. Put simplistically, the growth in average wages has not kept up with the increase in cost of our weekly shopping, thus painting a dreary picture for the overall economy. Wesfarmers, owner of Coles and Bunnings, announced on Wednesday they would shelve their plans to sell off Officeworks, another business of theirs. It seems as though they were not confident of getting the price they wanted had they gone down the path of selling the business to mum and dad investors in an initial public offering (IPO). Management released a statement saying In light of current equity market conditions, Wesfarmers has determined that an IPO of Officeworks at this point in time would not realise appropriate value and would not be in the best interests of its shareholders. Managements decision to keep Officeworks does at least suggest they are confident in the business prospects, rather than accepting a low price for it in a desperate attempt to get rid of it.

21.01.2022 Ting from our practice has recently returned from a visit to China, and she made the following observations relative to Australia. The Chinese property market is even stronger than Australia. A focus for each family is for the parents to purchase a property for their children, and the two child policy is adding fuel to the Chinese property market. With the increase in Chinese tourists overseas, there are information programs to inform visiting Chinese on local customs and...Continue reading

20.01.2022 The changes to superannuation effective from 1st July 2017 are the most significant changes since 2007. To assist in making the decisions that need to be made we have scheduled an information seminar to be held on Wednesday 5tH April 2017 6pm at Punthill Hotel Essendon John Coleman Room 1422 Mt Alexander Road Essendon. To book your place please contact Lorraine @ [email protected] or 9375-7388.... we will meet with you in April and May to discuss your individual circumstances and decisions which need to be made. (These meetings will be complimentary for the attendees of our information session) Recently there has been increasing comment and opinion regarding he need to change current property negative gearing tax deductibility rules and capital gains tax concessions. For brief periods in the 1980s tax deductibility for property negative gearing losses were denied, to be later changed back to the original rules. Recipients of defined benefit superannuation pensions will need to consider the impact of the superannuation rule changes effective from 1st July 201. Each superannuants circumstances will be different and a permanent decision on these pensions need to be accessed on a case by case basis. The ATO has recently issued a Tax determination in relation to unpaid present entitlements (UPES) A UPE occurs where a beneficiary is allocated a share of trust income, and whilst that amount needs to be included in the tax return of the beneficiary, the allocation amount is not paid. It was another relatively subdued week on our local share market following our last update, with the market drifting slightly lower, while all eyes and ears were focused on President Trumps address to Congress on Wednesday afternoon our time. Our early take on the speech was that it was pleasantly unremarkable. There was some concern going into the event that markets would be rattled by the Presidents comments, however he appeared to stay relatively on script, albeit that he was once again light on details. Our stock market traded throughout the speech and was largely unaffected. Last week also saw the back of half year reporting season which will go down as generally positive overall. Most companies managed to report either inline or slightly above guidance (admittedly the guidance that they themselves provide). The season should give the RBA further confidence in the strength of the underlying economy, as will Wednesdays fourth quarter GDP figures showing the economy grew at a respectable 1.1% to finish off 2016. The figure lifted the countrys annual economic growth to 2.4%; sound but still below average. Interest rates now look as though they will rise slowly from here, maybe even starting later this year, although economists are still divided on this. The battle in improving economic growth and inflation without throwing further fuel on the fire that is the eastern seaboard property market remains the RBAs greatest challenge.

20.01.2022 WEEKLY NEWSLETTER The ATO has announced that it will be undertaking data matching on: Ride sourcing data (i.e. Uber) Financial and institutions and online s...elling sites, specifically Total credit and debit card payments received by businesses Information on online sellers who have sold at least $12,000 worth of goods or services There is much discussion on the impact of technology and the use of robots, not just in our daily lives but the future impact on employment, businesses and how we plan for the future. Predictions about this include: Work will become more casual, varied, short term and fragile Some of the jobs in the future are already here The current jobs more under threat are those that involve repetition, less personal attributes and skills, Back room/office functions etc. More people will not want full time work How can I compare the performance of my superannuation? This is a very difficult exercise, and in many ways is like comparing apples to oranges. The quoted performance by Superannuation Funds has many variables involved and these include: What is the investment mix of my fund? (each will offer different investment mix choices) What fees are taken into account? (often the fees associated with investment costs are impossible to know) Is the quoted return a compound return or a simple return? As half year reporting season gathered momentum here, the Australian market continued to follow international markets higher for the week, the S&P ASX200 advancing ever closer to 5,800. Markets in the US have been excited by the prospect of massive corporate tax cuts soon to be announced by President Trump. Roughly half way through now, this week saw some of our larger companies report their end of December numbers. Commonwealth Banks record profit of $4.89 billion, up 2 per cent, came in ahead of analyst expectations and was driven by stronger growth in home lending in a benign environment for bad debts. Coles and Bunnings owner, Wesfarmers, reported a 4.3% increase in half-year revenue numbers, a week after opening its first Bunnings store in the UK. The roll out of stores is expected to cost over $1 billion in capital although the market is looking at it more favourably at this stage than it viewed the dismal attempt by Woolworths to break into hardware through its Masters joint venture. With the size of the UK hardware market exceeding $60 billion the potential profits to be gained by shareholders could well be substantial if management grow the Bunnings footprint. Other winners as voted by the market included AGL Energy, Aurizon Holdings, Amcor, Boral and Computershare while pharmaceuticals Cochlear and CSL both reported similar profit increases (19 and 12 per cent respectively) though neither quite satisfied market expectations and were sold off somewhat. The laggard of the market though was undoubtedly financial services company IOOF Holdings who reported a 45% fall in net profit and also threw in a dividend cut. Investors werent all too pleased and headed for the doors with shares down 10% on the result.

19.01.2022 12 Rules for Success 1. Do the Work. Dont be lazy 2. Stop waiting, its time 3. Rely on yourself. The universe doesnt care ...Continue reading

19.01.2022 We were very pleased to receive lots of positive feedback from our Client Superannuation Seminar last night. We appreciate your comments and support. We all know the significant increase in our residential house valuations, and this has prompted some consideration to accessing home equity by Subdividing & develop for...Continue reading

17.01.2022 Weekly Newsletter Markets traded for much of the week without any great direction as the early trickle of half year company results continued to come in. This w...eek saw impressive numbers reported by toll road operator Transurban, including an earnings guidance upgrade, while online classified dealer Carsales.com enjoyed an arrest to its recent share price decline with its shares rising 8% on results. The company attributed good numbers to strong performance in both dealer and private seller revenues while guiding for solid profit growth throughout 2017. The February half year reporting season will remain the focus for our market over the coming weeks, running in conjunction with the US December quarter reporting season. Analysts in the US have been watching closely for signs of resilient growth in profits given the likely multiple rise to interest rates over there throughout 2017. Meanwhile, it came as no surprise to the market that the RBA elected to leave the official cash rate on hold at 1.5% on Tuesday. Reading between the lines, Governor Philip Lowe appears reluctant to cut rates any time soon for fear of throwing fuel on the fire that is the property market. Mr Lowe also noted the global reflation story and stronger growth in developed countries, spurring commodity prices in a windfall for Australia. Such comments kept the Australian dollar steady at its recent highs of 76 US cents. Just a reminder to any SMSF trustees who travel overseas for long periods. For a SMSF to retain its ATO compliancy status, there are three practical considerations. 1. The fund must be deemed to be an Australian Fund for which most (if not every) SMSF will be satisfied as the initial contributions are made and accepted by the trustees in Australia. 2. Central Management and control of an SMSF is required to be in Australia. 3. The active member test must be fulfilled. Settlements of off the plan apartment purchases is one of the major risk facing listed property developments in the coming year according to JP Morgan. Some common mistakes by SME Company Directors Unnecessarily exposing personal and family assets Not understanding the different roles they play in the Company Not acting in the Companys best interests Not being fully aware of the extent of their personal liability Trading whilst insolvent Claiming ignorance Not keeping records up to date Conflicts of interest

16.01.2022 We wish Lorraine well as she commence the new phase of her life as a retiree after a forty three year working life. We thank her for her friendly and easy to get along with nature and her great assistance in her time as a valued member of our team.

16.01.2022 OUTLOOK A former Reserve Bank board member, Mr John Edwards, made same predictions for 2018 & 2019 Time is coming to get back to normal monetary policy Borrowers could be hit with eight consecutive official interest rate hikes Inflation to be just over 3%... Normalisation means lifting the official cash rate by 2 percentage points to 3.5%, and making the average mortgage rate to over 7% This week the Bank of Canada governor joined his counterparts in US, Europe and UK by suggesting interest rates will increase. MARKET COMMENTARY Theres definitely a lack of clear direction in the market said Fairmont Equities director, Michael Gable. It doesnt take much to spook, and it doesnt take much to get people excited. Most sectors are lacking momentum Over the week our local market was fairly flat, overnight the S&P 500 posted its biggest 1-day gain in two months after banks surged SUPERANNUATION With the significant changes to come into effect from the 30th June 2017, the ATO has been releasing a number of guidance and information reports. The latest relates to a practical compliance guideline regarding the commutation of pre 1st July 2017 death benefit pensions paid to a surviving spouse The new death benefit pension rules are amongst some of the most significant changes. TAX COMPLIANCE The next month of July 2017 will involve a number of compliance actions. Amongst these are Issue PAYG withholding statements Lodge PAYG withholding statements with ATO Ensure correct Superannuation Guarantee Payments have been made Documentation of trust distribution resolutions Stocktakes Document related party loans Record 30th June 2017 car odometer reading HAPPY NEW FINANCIAL YEAR We hope the 2017 financial year was successful for you all and best wishes for the new financial year success

15.01.2022 Surging energy prices particularly in Victoria are pushing up the inflation rate. Annual growth in the Consumer Price Index rose to 2.1% last quarter compared to 1.5% the previous quarter. At the same time, income growth has reduced to historical low of 1.9% as the economy adjusts to the end of the resources boom. Most organisations that take innovation seriously have a group of innovation champions who ...Continue reading

14.01.2022 SUPERANNUATION A recent Queensland Supreme Court case highlighted the importance of correct documentation and procedures to ensure that Binding Death Nominations are effective. There is a strong view that that Binding Death Nominations not drawn up by qualified legal practitioners may be ineffective and expose non-qualified legal practitioners to severe penalties.... TAXATION Tax deductibility of Interest and some important principals: There must be an expectation that the investment financed by the borrowings has an expectation to generate assessable income (NB not just for capital gains) The security for borrowing is irrelevant The key focus in the purpose of the use of the borrowings The timing of when the interest is claimable can vary from situation to situation LIFESTYLE The use of QR codes is rising in China Its driving the shift towards a cashless society The two dimensional barcodes can hold 300 times more data than a one dimensional code Chinese media quotes the use of QR codes by - Hospitality staff to receive trips - Newly married couples as a way of receiving cash gifts - And even beggars MARKET COMMENTARY Reporting season rolled on over the last week here in Australia under the back drop of easing geopolitical tensions between the US and North Korea. This provided investor comfort and saw the market edge higher for much of the week as a raft of earnings reports came in day by day. The listed Dominos Pizza Enterprises was punished by investors to the tune of a 20% decline in its share price on Tuesday for missing guidance and flagging sluggish growth ahead. Dominos now added to the list of former market darlings who investors have become sceptical of the implied growth in sales that the share price commands. Seek too was dumped by investors after reporting a full year profit 5% below last years (albeit that the figure was attributable to significant one off restructuring costs), with shares off over 7% early Wednesday. Fairfax announced they would spin off 40% of their very profitable Domain business to existing shareholders through a separate share market listing, while retaining the other 60%. Investors gave this one the tick of approval with Fairfax shares up a couple of percent. Investors also cheered funeral home operator Invocares results sending the shares 8% higher in early trade following the release. The largest private funeral, cemetery, and cremation operator in the Asia-Pacific region reported net profit growth of just under 10%. CSL reported earnings on Wednesday with this being much a story of steady as she goes. Net profit was up 8% ($US1.34 billion) and impressively, CSL guided for a profit increase next year of between 11 and 16%; no small achievement for an already mature company. Telstra share price has been savaged by the decision to cut its dividend payments.

13.01.2022 The Fringe Benefit Tax year end will occur on 31st March 2017. A couple of year end tips: Need to record car odometer reading at 31st March 2017...Continue reading

13.01.2022 SUPERANNUATION Whether your superannuation benefits are provided by SMSFs or other superannuation funds, now is the time the annual member statements for the year ended 30 June 2017 are, or will be shortly available. Whilst often the focus will be on the balance value and yearly performance, the members statements provide a lot of other valuable information which can have future implications. What superannuation can I have leave tax free to my children?...Continue reading

13.01.2022 THE ECONOMY As the $AUD heads towards US80cents seven weeks ago when it was US74cents, this would not have seemed possible in the short term. The upward $AUD has been driven by hedge funds who have been net sellers of the greenback in favour of currencies like Australia, Canada and New Zealand. Some other current economic news: Our interest rates remain high compared to the rest of the world...Continue reading

12.01.2022 SUPERANNUATION- BINDING DEATH NOMINATION A recent decision handed down by the Supreme Court of South Australia has once again highlighted some important issues regarding the validity of Binding Death Benefit Nominations. The case centred on the procedures and technical aspects of the Binding Death Benefit Nominations and the importance of the issues. Key issues with Binding Death Benefit nominations include:...Continue reading

11.01.2022 Weekly Newsletter The ATO has released public ruling covering the ATOs views on deductibility of expenditure incurred in acquiring, developing, maintaining or modifying a website for use in carrying of a business. If the expenditure is incurred in maintaining a website, it would be generally deductible in full. If the expenditure is incurred in acquiring or developing a commercial website for a new or existing business, or in modifying an existing website, it would be co...Continue reading

10.01.2022 For the first time in history we have four generations working together. The United Nations estimates that by 2050 one in three people living in the developed world will be over 60. As our demography continues to shift, the challenge will be to prolong paid workforce participation and reduce the dependence of the non-working population on the working population. Issues to deal with this will include:...Continue reading

07.01.2022 CYBER SECURITY A recent ‘ State of Cyber security in Asia Pacific’ report showed Only 56% of Australian respondents agreed all employees or departments in their organisations understood safe cyber security practices. 34% of Australian respondents said employees in their organisations don’t check with the IT department before installing new devices or installing software on company devices....Continue reading

06.01.2022 INCOME TAX The ATO recently introduced a draft ruling setting out the principles of deductibility of travel expenses. Some of these principles include: Travel is not deductible where travel is to: Start work or... Depart after work is completed To determine whether travel is undertaken in performing an employees work, the following factors need to be considered. Do the work activities require the employee to undertake the travel Is the employee paid directly or indirectly to undertake the travel Is the employee subject to the direction and control of their employer for the period of travel SUPERANNUATION Real Time Reporting From 01 July 2018, SMSFs will be required to report to the ATO on events or certain transactions at the time of the event or transaction occurs. The types of events or transactions that will need to be reported include: Commencement or cessation of pensions Lump Sum pension withdrawals Rollover relating to pension The changes will come into effect from October this year for non SMSF Superannuation Funds Events or transactions that dont require reporting include: Investment earnings Investment gains/losses Normal pension payments Contributions BITCOIN Parents of two private schools in New York can now pay for their tuition by bitcoin. The request to pay in bitcoin, was made by parents whose fees were $US30,000.00 or more. Burger King in Russia has started taking bitcoin for payments for food and drink. A Dutch city in Arnhem, is known as Bitcoin City as it has one of the highest density bitcoin merchants in the world. MARKET REPORT Our lacklustre reporting season rolled on here during the week as most companies were able to report full year profits in line with expectations, however the reoccurring trend was for boards to reset expectations for next years figures down. This has left analysts rather uninspired by the outlook for Australian shares for the next 12 months. Reports over the last week have included BHP, Woolworths and Sydney Airport, all received well by the market, and Coca-Cola Amatil, Healthscope and Bluscope Steel, with these all being sold off on poor numbers and guidance. The ASX200 has traded within a tight band of 200 points, between 5,850 and 5,650, for around three months now, currently sitting at 5,750. The three year chart for our market reveals in fact, before dividends, the Australian market has actually returned next to nothing for three years now, compared to the US index the S&P500 returning 25% for the same period, and the tech focused Nasdaq returning 45% for the three years.

05.01.2022 BUSINESS ISSUES Bain & Co forecast that Amazons entry into the Australian retail market will create the biggest retail disruption seen in a generation. In US, 90% of consumers use Amazon to price check. Amazon will capture the lions share of growth in online retailing...Continue reading

04.01.2022 CASHLESS ECONOMY Reserve Bank data shows credit and debit cards have overtaken cash as the most frequently used consumer payment. Cards are now 52% of total payments (2007 was 26%)...Continue reading

04.01.2022 Welcome to the latest edition of JH Advisory Newsletter. Its getting close to the end of the financial year so below are a few facts that may impact you at tax time. Should you need any further advice, please do not hesitate to get in touch. TAX FACTS The Australian Taxation Office has updated its small business benchmarks with information from the 2014-2015 income year. The benchmarks are available for more than 100 industries and enable businesses to compare their b...Continue reading

04.01.2022 SUPERANNUATION A key focus for the ATO Tax Avoidance Taskforce will include non-commercial arrangements between SMSFs and related parties. Related parties include members, relatives of members, business associates and associated companies and trusts. Any arrangements or dealings between SMSFs and related parties need to be on commercial terms, properly documented and treated in the same manner as arrangements and dealings with unrelated parties.... HOUSING The first big mid-week auction in Sydney occurred on Tuesday with only 53% of the 13 auctions sold, with three sold before auction and four during the auction. Auctioneer Damien Cooley is quoted the big conversation I am having with owners is .. if you are unrealistic, youll be on the market all Spring. BUSINESS IDENTITY THEFT Whilst there are lots of warnings regarding individual identity theft, warnings about business identity theft has not been as prominent. The ATO warns that thieves can target unsuspecting small businesses and steal information that can be used to commit serious crimes. Whereas consumer identity theft may be noticed quite quickly, victimized businesses could unwittingly be giving thieves much longer time before the theft is identified. The ATO makes some recommendations: Securing business file and employee information when not in use. Regularly changing passwords. Ensuring that the business principal and staff log out of systems and lock computers when they are not in use. Making sure that your computers and other devices have up to date security and anti-virus software. If a business owner thinks their identity has been compromised, Client Identity Support Centre (1800 467 033) can be contacted. MARKET COMMENTARY Our market continued its recent sideways trend for the week as geo-political concerns continued to constrain any optimism across the globe. The Commonwealth Bank was once again in focus as it resumed its slide from $85 just a few weeks ago, down to $73 today. The month of July was a difficult one for mum and dad investors who have traditionally held much of their portfolios in the top 4 banks and Telstra, as these were the names contributing most to downside in the index numbers. Gains from resource companies BHP Billiton and RIO Tinto helped prop up the index. Data released on Wednesday (the day after interest rates were left on hold by the RBA) showed the economy grew by 0.8 per cent over the June quarter. This was a step up from 0.3 per cent growth in the March quarter but still only brings year-on-year GDP growth to 1.8 per cent, substantially below the RBAs target range. The release did at least mark 26 years without a recession.

03.01.2022 SUPERANNUATION Whether your superannuation benefits are provided by SMSF’s or other superannuation funds, now is the time the annual member statements for the year ended 30 June 2017 are, or will be shortly available. Whilst often the focus will be on the balance value and yearly performance, the member’s statements provide a lot of other valuable information which can have future implications. What superannuation can I have leave tax free to my children?...Continue reading

03.01.2022 The founder of Amazon, Jeff Bezos is on track to overtake Bill Gates as the worlds richest person. A recent Australian Financial Review article lists five lessons to be learnt from Bezos 1. Think big...Continue reading

01.01.2022 SUPERANNUATION GUARANTEE TASKFORCE Recent ATO activities will increase the ATO ability to more quickly detect employer superannuation breaches and enforce recovery and penalty actions. More frequent reporting requirements of Superannuation Contributions by employers...Continue reading

01.01.2022 INCOME TAX The recent reporting of over claiming of tax deductions was highlighted by a recent ATO audit of a Sydney property developer. Some matters of interest of this audit included: $7m tax bill $8m in fines imposed... Claims for 65 cars disallowed Claims for fitness equipment ($37,000) and firearms amongst property rental expenses disallowed The taxpayers appeal against these matters was not successful. Tax commissioner Jordan this week highlighted this issue as part of his pre 2017 Tax Return instructions to taxpayers SUPERANNUATION With 30th June now passed, one important issue for SMSF trustees is to obtain market valuations for many assets. Publicly listed shares can be conveniently obtained using closing listed valuations Property will need to consider what valuation techniques is the most appropriate Investments in other assets (e.g. unit trusts, shares in private Companies) can be more complex in obtaining the appropriate valuation. WAYS TO IMPROVE YOUR WORK PERFORMANCE (1) Organise & Prioritise (2) Stop multitasking (3) Avoid distractions (4) Manage Interruptions (5) Be a great finisher (6) Set Milestones (7) Ask questions (8) Simplify something (9) Read (10) Acknowledge others (11) Give yourself downtime (12) Practice humility ECONOMIC NEWS Some economists have changed their forecasts that the Reserve Bank will shortly increase official interest rates. This is contrary to signals coming from central banks in Canada, New Zealand and Europe. The Reserve Bank is conscious of not putting pressure on the Australian dollar, a concern that would diminish as other central banks tighten monetary policy. In other economic news Household debt has risen to a record level of disposable income Recent retail sales figures were very strong The May trade balance comes in well ahead of expectations, posting a $2.5b surplus (record exports to China) MARKET REPORT Our local market has been under a bit of pressure led by banks and miners. Coca-Cola Amattil shares under pressure as Dominos switches to Pepsi Flight centre shares fall as analysts say its time to take profits Oils recent rally reverses as Russia quiets talk of further OPEC supply cuts

01.01.2022 Pre 30th June Checklist In preparation of the fast approaching 30th June 2017, consideration of the following is appropriate Is my log book current?...Continue reading