Budgeting tips for students Starting or returning to study is an exciting time! But let’s be real, unless you’re also working full time, you’ll have less income while you complete your studies. That’s where a little planning can help make the most of your student budget. Surviving on a student budget isn’t easy, but don’t worry, it can be done. Whether you’re studying remotely this year, or returning to campus, we have some great tips …
RBA concerns underline mid-to-long term risks for the housing market One of the more interesting snippets of information to come out of the minutes of the February meeting of the Reserve Bank Board was an acknowledgement by members of the risks generated by a low-rate environment and, in particular, those “linked to higher leverage and asset prices, particularly in the housing market”. They weren’t concerned enough to detour from their stimulus program, but the RBA …
Market Update 26 February 2021 Investment markets and key developments over the past week Global share markets fell over the last week as the selloff in bonds accelerated raising concerns about valuations. Bond yields increased significantly, particularly in the US and Australia and 10 year yields at their highs on Friday were up by around 100 basis points in the US from last year’s low and by around 130 basis points in Australia, before settling …
Show your finances some self-love Are you guilty of changing your spending habits when you’re in a relationship? Do you have a financial plan, or are you relying on a partner to take care of you in retirement? Whatever your situation, there’s never been a better time to step up and take charge of your finances. Your relationship status can have a big impact on your finances. From spending and managing your money, to the …
Econosights: Outlook for the US economy in 2021 Key points The US is due for a strong economic recovery in 2021, driven by a large injection of fiscal stimulus. US GDP should have recovered its 2020 COVID losses in the March quarter and be back to its pre-COVID trend level of GDP by end of the year. Fiscal stimulus could overheat the economy in late 2021/early 2022. Consumer inflation expectations are already at multi-year highs. …
Transfer balance cap set to increase to $1.7 million The amount of super savings that can be transferred into a retirement pension (whether you have one or more than one) will increase from $1.6 million to $1.7 million on 1 July this year, but not for everyone. Currently you can transfer a maximum of $1.6 million from your super savings into a retirement pension (or pensions) to generate an income after you’ve finished working. However, from 1 …
The bond crash of 2021? Seven things for investors to consider Key points Higher bond yields are normal in economic recovery and should not be a major problem for shares if they are matched by rising earnings. But too rapid a rise in bond yields risks driving a deeper correction in shares. Central banks want higher inflation but will look through any short-term spike. The 40-year downtrend in inflation and bond yields is likely over. …
REAL ESTATE Real Estate House View 2021: Retail Outlook 18 Feb, 2021 By Brett Williams Managing Director of Retail – Real EstateSydney, Australia Experience and convenience the key for retail’s future. The retail sector has had a lot of structural challenges recently due to the global pandemic, however its resilience has been stronger than anticipated with optimism around the ability of operators to evolve past their current offering. Looking to 2021, the most appealing assets are …
Market Update 19 February 2021 Investment markets and key developments over the past week While Japanese shares rose over the last week, US, European and Chinese shares fell on concerns about the impact of rising bond yields on equity market valuations, particularly for high PE tech stocks. Australian shares were boosted early in the week to their highest level in nearly a year by strong earnings results, but reversed course as concerns around rising bond yields …
ECONOMICS & MARKETS FEB 21 – Global markets and macro update webinar By Diana Mousina Economist – Investment Strategy & Dynamic MarketsSydney Australia In this webinar, Diana Mousina, Senior Economist, provides an update on the outlook for macroeconomic and investment markets in 2021. Important information While every care has been taken in the preparation of this article, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and AMP Capital Funds Management Limited (ABN 15 …
