Australian economic and fiscal update – record budget deficits, but more to come | AMP Capital

Australian economic and fiscal update – record budget deficits, but more to come Key points The Government expects the federal budget deficit to peak at a record $184.5bn this financial year. That’s around 9.7% of GDP, its highest since the end of WW2. Ultimately, we expect it to be around $220bn as the Government unveils more stimulus & revenue recovers more slowly than projected by the Government. The budget and associated debt blowout is unlikely …

After the Bell: daily market update, July 23 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, July 23 23 Jul, 2020 The ASX finished higher today and the federal treasurer, Josh Frydenberg, delivered the mini budget for Australia. Our senior economist, Diana Mousina, joins us with her insight. 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 (ABN 15 159 …

10 years of AMP financial advisers supporting cancer patients and their families

AMP is marking 10 years of its advisers helping cancer patients and their families with pro bono financial advice through the AMP Foundation’s partnership with the Cancer Council. Since 2010, advisers in the AMP network have supported more than 6,500 people affected by cancer – patients and their families – to address their financial challenges through Cancer Council’s Pro Bono Program. During this time, the AMP Foundation has contributed more than $1 million towards the …

Econosights: The economics of COVID-19 lockdowns | AMP Capital

Econosights: The economics of COVID-19 lockdowns   Key points Rising COVID-19 cases around the world is leading to questions about the need for another round of government lockdowns to stop the spread of the virus. Lockdowns lead to closed businesses, lower household spending and higher unemployment. But a lot of these outcomes would still occur without a lockdown as households self-regulate their behaviour. Sweden is evidence of this. It has pursued a herd immunity strategy, …

After the Bell: daily market update, July 22 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, July 22 22 Jul, 2020 The ASX finished lower today after a big day yesterday, and Victoria marked a grim milestone in the battle against COVID-19. Unpacking the day that was is our senior economist Diana Mousina. 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 …

After the Bell: daily market update, July 21 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, July 21 21 Jul, 2020 Big day on the ASX, and a spate of government and central bank commentary was also delivered. Senior economist, Diana Mousina, shares her views on what it could all mean for the economy. 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 …

After the Bell: daily market update, July 20 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, July 20 20 Jul, 2020 ASX has had a soft start to the week, global markets finished well last week, and the economic impact of a second wave or accelerated first waves. Chief Economist Shane Oliver shares his insights 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 …

Give yourself a new financial year check-up

Give yourself a new financial year check-up Start the new financial year in the best way possible by giving your finances the once-over. Financial year 2019-20 is now behind us and there’s nothing like closing a chapter to inspire thoughts of a fresh start. But global challenges persist: Australia is officially in a recession while also bracing for a post-JobKeeper economy in September. While it’s impossible to anticipate future changes to the global economy, there’s …

Burnout: Spot the warning signs | Money & Life

Burnout: Spot the warning signs Michelle Gibbings provides five easy tips to help team leaders create mentally healthier workplaces. Mental health in the workplace has never been more critical with workplaces struggling to adapt to new ways of working, and employees facing mounting pressure. COVID-19 has brought new workplace challenges to the fore, while previous problems for employees of shrinking job stability, mounting workloads, and an ‘always on’ mentality is exacerbated. In such an environment, …

After the Bell: daily market update, July 17 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, July 17 17 Jul, 2020 ASX was slightly up today, China has recorded some solid economic data, and COVID-19 cases continue to rise in Victoria. Portfolio strategist Brad Creighton recaps the week that was. 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 (ABN …