Weekly market update 21-07-2023

More falls in inflation; implications of Russia’s move to end the Ukraine grain export deal; why RBA targeting “involuntary unemployment” won’t work; why the RBA must tread carefully on jobs; and more.

Oliver’s insights Episode #77 The Watch List 7 economic indicators for investors to pay attention to

Oliver’s insights Episode #77 The Watch List 7 economic indicators for investors to pay attention to AMP’s Head of Investment Strategy and Chief Economist Dr. Shane Oliver looks at seven key indicators that investors need to keep a close eye on to understand where the investment cycle is going and what shares, in particular, are likely to do. This episode can be found on your favourite streaming platform, including Soundcloud, Spotify and Apple podcasts. For …

Oliver’s insights – seven key charts

Seven key charts worth keeping an eye on remain: global business conditions PMIs; inflation and our Inflation Indicators; unemployment and underemployment; inflation expectations; earnings revisions; the gap between earnings yields and bond yields; and the US dollar.

How to budget in 3 simple steps

How to budget in 3 simple steps Learn how to manage your money and understand where it goes so you don’t end up with a financial hangover in the New Financial Year. For many of us, making a budget seems like a daunting and fairly stressful task. However, a budget is an essential component of money management and can help you get a handle on your finances and plan for your future. Instead of picturing …

AMP Home Loans. For all kinds of homes.

Get a great home loan rate at amp.com.au/home-loans/loans What you need to know Credit Provider is AMP Bank Limited ABN 15 081 596 009, AFSL & ACL 234517. Lending criteria, fees and T&Cs apply. For more information and target market determinations visit: amp.com.au/home-loans/loans Original Author: Produced by AMP and published on 14/07/2023 Source

Understanding fixed, variable and split rate home loans

Understanding fixed, variable and split rate home loans Should you fix your interest rate, opt for a variable one, or do both? We explain the benefits and considerations of all three options. Of all the decisions that need to be made when choosing a home loan, finding the best interest rate is one of the most important. After all, a rate that’s even 0.5% lower could save you thousands of dollars over the life of …

Should you give your teenager a credit card

Should you give your teenager a credit card We live in a culture of smartphones, WIFI, home delivery, online shopping and online gaming, where most needs and wants can be met almost instantly. With so much temptation to spend, it’s vital to teach your kids the money skills to help them enjoy financial wellbeing as adults. One of these key skills is learning how to deal with debt responsibly. Researchers from Cambridgei University found that children …

15 common sense tips to help manage your finances

15 common sense tips to help manage your finances Download PDF version Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Key points Getting your personal finances right can be a challenge at times. Here are some common-sense tips that may be of use: Shop around when it comes to financial services. Don’t take on too much debt. Allow for interest rate to go up and down. Contact your bank if struggling with mortgage …

Oliver’s insights – personal finance 101

Getting our personal finances right can be a challenge at times. And the surge in interest rates has arguably made it even harder for many. This article looks at some common-sense personal finance tips that may be of use.