Weekly market update 01-09-2023

The key developments over the past week were easing pressure on central banks; falling Australian inflation; RBA to leave rates on hold; and more.

Welcome to the Spring edition of Haven

As we emerge from the hibernation of winter months, I hope you’re feeling spring in the air in your hood.

Are you looking to refinance soon? With most lenders looking at your last three months of financial activity to access your ability to repay a loan, we’ve got some hints and tips to make sure your finances are looking ship-shape when it’s time to refinance.

What does Bernard Salt’s research say about housing affordability?

Demographer Bernard Salt shares his insights. To find out more visit www.amp.com.au/whateverwealthyyouwant Original Author: Produced by AMP and published on 30/08/2023 Source

Who needs a testamentary trust?

Who needs a testamentary trust? The rising cost of living is grabbing all the attention right now as people struggle to pay the increasing prices. But in the meantime, our collective wealth has been growing steadily and is being transferred to the next generation at increasing rates. In fact, the value of inheritances as well as gifts to family and friends has doubled over the past two decades.i A 2021 Productivity Commission report found that …

Fact sheets: Financial planning strategies

Protecting your wealth What is insurance? Insurance is a form of protection – a way to protect yourself, your family and the things you own if something goes wrong. It enables you to replace or repair your assets, whether those assets are your belongings or your capacity to earn income…. Maintaining your income What is transition to retirement? Transition to retirement is a strategy that can help you reduce your working hours while maintaining the …

Weekly market update 25-08-2023

This week Dr Shane Oliver discusses correction risks remain high; PMIs point to slower growth; Australian IGR means lower living standards; and more.

Episode #84: China’s slowdown & structural challenges & the implications for Australia

AMP’s chief economist Dr. Shane Oliver explores how uncertainty around China’s outlook is a key risk for global growth and why Australia cannot rely on the China/commodity boom indefinitely. Instead, Australia needs structural reform to boost our longer-term growth potential. Read more on this episode here: https://www.amp.com.au/insights-hub/blog/investing/olivers-insights-chinas-slowdown-and-structural-challenges Important information: This podcast is general in nature and hasn’t taken your circumstances into account. It’s important you consider your personal circumstances and speak to a financial adviser …

Oliver’s insights – China’s slowdown and structural challenges

The article looks at the current concerns about the Chinese economic outlook and how Australia can’t rely on the China/commodity boom indefinitely.

Econosights – rising bond yields

The rise in yields has been driven by several simultaneous factors. These will be explored in this week’s edition of Econosights and look at the impact of rising bond yields.

6 ways you can generate an income in retirement

6 ways you can generate an income in retirement The time has come. You’ve worked hard over the years contributing to your superannuation to build up your retirement savings. Now you need to think about the best way to convert your savings into an income stream that replaces your regular pay cheque. Here are six ways you could generate a steady and reliable source of income in retirement: An account-based pension allows you to access …