Version 7.0 Updates

Modifications in PIAPro, PIAFpu Edition 7.0.19 (30-Jan-04)

  • Fixed problem with Borrowing Capacity report (Calculator menu)
  • Fixed problem with Detailed report
  • Fixed problem with Loan Amount dialog

Modifications in PIAPro, PIAFpu Edition 7.0.18 (05-Nov-03)

  • Report generator for Borrowing Capacity calculator (Calculator menu)
  • Added Cash savings option and Defaults button to Assets & Liabilities section of Borrowing Capacity calculator
  • Assets & Liabilities template and report (Investor menu)
  • Income & Expenses template and report (Investor menu)
  • More flexibility in CGT calculations (Settings menu)
  • Option to quarantine and carry tax losses forward (Tax Scales, Settings menu)
  • Option for displaying actual calendar years for projections (Preferences, Settings menu)
  • Option to separate equity invested from cash invested (deposit) at the beginning of a cash flow analysis. The term "Outlays" has been changed to "Investments" to better reflect this flexibility and makes it easier to analyse investments from any point in time, not just from time of purchase.
  • More flexibility provided for labelling reports (sub-heading) and page headers (Page setup, File menu)
  • Other minor cosmetic changes and fixes.

Modifications in PIAPkt Edition 1.0.15 (14-Oct-03)

  • Changes to depreciation dialogs

Modifications in Edition 7.0.16 (19-Jun-03)

  • Changes to Australian tax scales
  • Changes to WA stamp duty scales· 

Modifications in Edition 7.0.15 (07-Feb-03)

  • Cosmetic change to Tax Credits dialog
  • Revisions to the Tax Credits dialog to make the steps in portfolio analysis a little clearer. · 
  • Fixed updating delay in calculation of pre-tax equivalent of IRR. · 
  • Naming conventions (e.g. I now call "principal residence" "home") have been made more consistent. · 
  • Wealth Builder Maximiser (Investor menu) now works correctly under all scenarios. · 
  • Accelerator (short-cut) keys are now provided for Revert (Ctrl/R) and Maximise Wealth Builder (Ctrl/M). · 
  • Existing principal payments from existing P&I loans in a portfolio are now accounted for in Investment Capacity and Credit Line calculations. · 
  • Added Principal & Interest option in Borrowing Capacity calculator

Modifications in Edition 7.0.14 (29-Nov-02)

  • Addition of a Borrowing Capacity calculator
  • Compatibility with Pocket PIA (new Pocket PC version of PIA)
  • Addition of Rental Returns chart (Graphics menu)
  • Revision of Create Portfolio wizard (Investor menu)
  • Ability to Revert to saved version of current file (File menu)
  • Incorporation of existing portfolio into Wealth Builder analysis
  • Maximisation of Wealth Builder (Investor menu)
  • Enhancements to background colour options (Preferences)
  • Additional Loan consolidation options (Home Loan spreadsheet)
  • Enhanced scrolling in Wealth Builder spreadsheet.
  • Minor cosmetic changes to some of the dialogs and spreadsheets

Modifications in Edition 7.0.13 (31-July-02)

  • Changes to stamp duty scales for A.C.T. and S.A.
  • Minor cosmetic changes to some of the dialogs and spreadsheets

Modifications in Edition 7.0.12 (26-June-02)

  • Updated stamp duty scales for W.A. and Vic.
  • Fixed problem with Wealth Builder spreadsheet and P&I loans (Pro,Fpu)
  • Added warning to generate report before it can be emailed (Pro)
  • Fixed problem with split loan when term of Loan A is less than total years projected
  • Improved behaviour of return key in dialogs (Mac versions)
  • Graphics for "Who Pays" now include committed payments only

Modifications in Edition 7.0.10 (11-Oct-01)

  • Amalgamation of Australian and New Zealand versions.
  • Display options for Net Present Value and Real IRR.
  • Loan cost template made more flexible.
  • Other minor display fixes

Version 7.0 released 01-July-01

Modifications in Edition 6.2.11 (16-Jun-00)

  • Depreciation rates changed to reflect effective lives.
  • Future taxable income dialog allows multiple changes.
  • Adding notes now indicates a change to the current document.

Modifications in Edition 6.2.10 (03-Apr-00)

  • Tax, stamp duty and sales commission scales saved with property file.  Facility for choosing default scales for new property template. 
  • New "cash flow" report added to help show how cost per week is calculated in the first year of the investment.  The cash flow report does not depend on any assumed rate of capital growth.
  • Any changes to future income now project forward by default.
  • Fixed red-background problem caused by Rates of Return report (Pro & Fpu).
  • Symbol for undefined rate of return ("?????") is now user-defined.
  • Header on Professional reports is now user-selectable (Pro).
  • Affordability index (Wealth Builder) has been constrained to "committed" loan payments (Pro & Fpu).
  • Optional formatting available for Professional disclaimer (Pro).
  • Fixed "Cost/(Income)" heading in financial and detailed reports to reflect file setting.

Modifications in Edition 6.2.08 (05-Jan-00)

  • Fixed row-title highlighting in Win NT.
  • Fixed initialisation when starting from file outside folder (Macs).
  • Changes to interest rates now project forward by default.
  • Inflation and growth rates now project forward (within dialog).
  • Report menu items reflect the current view (Pro & Fpu)
  • Brief summary now reflects projection range.
  • Default adjustment date (S221D dialog) reflects current year.
  • CGT preferences now set to new Ralph Report method by default
  • Fixed item displayed in CGT report.
  • Additional space now available for client names,etc.

Modifications in Edition 6.2.07 (17-Nov-99)

  • Fixed new tax scales to those in place on July 1, 2000.
  • Projections now default to 10 years
  • Summary report projection now corresponds to spreadsheet
  • Added option for coloured printing of text (Pro & Fpu)
  • Fixed Wealth Builder initial cash savings (Pro & Fpu)

Modifications in Edition 6.2.06 (28-Oct-99)

  • Changed default tax scales to those in place on July 1, 2000.
  • Added option for Capital Gains Tax (CGT) calculation in line with those proposed under the Government's New Business Tax System.
  • Added alternative CGT calculator (Professional Version)
  • Added automatic detection of Win NT and sets appropriate interface defaults
  • Revised debt reduction and expense capitalisation check boxes under an "Advanced" button and dialog
  • Updated Victorian Stamp Duties

Modifications in Edition 6.2.05 (20-Aug-99)

  • Fixed problem with tax credit diversion when there is still a home loan balance.

Modifications in Edition 6.2.04 (11-Aug-99)

  • Fixed problem with printing when interface is magnified.

Modifications in Edition 6.2.03 (Mac 21-Jul-99, Win 5-Aug-99)

  • Enabled longer path names for program folder (Macintosh Versions)
  • Ability to switch off row highlighting enabled (Win 95/98Versions) - This was included to cater for problem with fonts and windows messaging under Windows NT (Under preferences, turn off row highlighting and apply 150% magnification).

Modifications in Edition 6.2.02 (13-Jul-99)

  • Enabled loading of components (PIAPro)

Modifications in Edition 6.2.01 (6-Jul-99)

  • Double-click on active cells enabled
  • Save startup template enabled
  • Problem with portfolio analysis with properties over $1m fixed