A mixed reporting season – share market hits new high before coronavirus correction | AMP Capital

The company earnings reporting season was best described as mixed, but probably better than we feared. The Australian share market hit a new record high in the middle of the reporting season before it got whacked by concerns over coronavirus. The ASX 200 reached a record close of 7,162 points on February 20 before joining Wall Street in a sell off that was fanned by fears over the effect of COVID-19 on the world economy. …

Super investment options – what’s right for you?

Super investment options – what’s right for you? When it comes to superannuation, most funds offer a range of investment options. If there’s one thing certain in life it’s change. And generally your attitude towards saving and investing will change as you get older. How your super is invested when starting your first job may not be the right approach when you’re approaching retirement. Luckily you can change your investment options at any time and …

How to save money at university

How to save money at university Back at uni? Do away with the poor student clichés with these money making and money saving tips Students aren’t exactly known for rolling in cash, but by following these simple tips to start saving money at university you can make the most of what you’ve got. Get a part-time job This might seem obvious, but part-time jobs aren’t what they used to be. Sure, you could take on …

RBA marks new record low with March cash rate call | AMP Capital

The Reserve Bank board has cut interest rates again by 0.25% at their March meeting, their fourth such cut since June last year. The move comes largely in response to the uncertainty caused by the global outbreak of the coronavirus (Covid-19), and up until about last Friday I’d have said it was a close call as to whether the bank would cut or stay put. The run of soft domestic economic data over the past …

The plunge in shares – seven things investors need to keep in mind | AMP Capital

Key points Share markets have fallen sharply over the last week or so on the back of coronavirus concerns. Shares may still have more downside and the uncertainty around the coronavirus crisis is very high, but we are of the view that it’s just another correction. Key things for investors to bear in mind are that: corrections are normal; in the absence of recession, a deep bear market is unlikely; selling shares after a fall …

AMP’s Tomorrow Fund 2020

AMP’s Tomorrow Fund wants to support Australians of all ages, walks of life and interests who are working hard to reach a goal that will positively impact their community. Australians working in any field – from art to technology, science to social innovation and sport, health, music and more – can apply for grants of up to $100,000 between 3 March and 15 April 2020. Apply at ampstomorrowfund.com.au or share the link and help us …

Market Update 28 February 2020 | AMP Capital

Investment markets and key developments over the past week US, European and Japanese share markets plunged around 10% over the last week on the back of a rapid escalation of new coronavirus (Covid-19) cases outside China – notably in Japan, Korea, Italy and Iran – and concern that (whether its labelled a pandemic or not) it will disrupt economic activity more deeply and for longer than had been expected a week or so ago. Chinese shares …

The new decade starts on a high note for Australian women

The new decade starts on a high note for Australian women   Positive news for Australian women after the economic progress measurement, the Financy Women’s Index, posted its best performance of 2019 in the December quarter. Here’s what stood out: The 2019 December quarter delivered a strong finish to the decade, helped by a number of fresh records set in women’s financial progress However, the pace of 2019 progress disappointed with a decline by over …

Webinar: Themes from the first reporting season of the decade | AMP Capital

  Webinar: Themes from the first reporting season of the decade   AMP Capital Fund Management Limited (ABN 15 159 557 721, AFSL 426 455) (the RE) is the responsible entity of the AMP Capital Equity Income Generator (ARSN 165 631 818) (Fund) and the issuer of the units in the Fund. This document has been prepared by AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) (AMP Capital), which has been appointed …

Tax concessions, the work test and getting it right with super | AMP Capital

Tax concessions, the work test and getting it right with super Workers compensation and income protection If you are in an employment arrangement and receiving: workers compensation payments from their employer or insurer, or income protection payments from their employer, insurer or super fund …you may still be gainfully employed and satisfy the work test even though you are not currently undertaking physical work providing any payment has a connection to your employment arrangement. If …