Month: July 2020

After the Bell: daily market update, July 3 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, July 3 03 Jul, 2020 The market notched up its fourth day of gains for the week in Australia. Diana Mousina recaps the day that was, and talks through how infection numbers are tracking worldwide. Important information While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and AMP Capital Funds Management Limited …

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Market Update 03 July 2020 | AMP Capital

Market Update 03 July 2020 Investment markets and key developments over the past week Despite ongoing concerns about coronavirus most major share markets saw solid gains over the last week helped by good economic data, positive vaccine news and policy stimulus. Japanese shares fell but US shares rose 4% in a holiday shortened week, Eurozone shares rose and Chinese shares surged above their pre-coronavirus highs. The strong global lead also helped the Australian share market overcome …

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After the Bell: daily market update, July 2 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, July 2 02 Jul, 2020 Big day on the ASX today, marking the third straight day of gains this week. This is in spite of case numbers in the US rising, and ongoing concerns in Victoria. Our senior economist, Diana Mousina, shares her insight. Important information While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN 59 001 777 …

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Changes to super contribution rules for over 65s

Changes to super contribution rules for over 65s The Federal Government has updated superannuation laws to allow older Australians to contribute to their super for longer. Work test to apply from age 67 The government has increased the age up to which super contributions can be made without having to meet a work test from 65 to 67. The work test requires you to be in paid work for a minimum of 40 hours in …

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5 common financial mistakes to avoid during a crisis | Money & Life

5 common financial mistakes to avoid during a crisis The economic impact of the COVID-19 pandemic is playing havoc with finances for many households. Fran Hughes CFP®, Head of Financial Solutions at Nexia Perth offers five ways to limit the impact at this challenging time. With Australia recording a spike in the unemployment rate of 6.2% due to the coronavirus, it’s only natural that households feel under enormous financial pressure and face uncertainty about their future. Perhaps …

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After the Bell: daily market update, July 1 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, July 1 01 Jul, 2020 The first day of the financial year was a good one for the ASX, but some fresh data continues to show the scale of the damage caused by COVID-19. Our senior economist, Diana Mousina, explains. Important information While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and …

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