A new financial year with some new super rules The start of a new financial year always brings with it new rules for super funds. Sometimes there are lots of changes, which are wide-reaching, and in other years there’s just a few. For the 2020/21 financial year, the two main changes are: the abolition of the work test for anyone aged 66 and 67 years old who wish to make personal non-concessional contributions; and an …
Finding the right financial planner for you Money & Life contributors draw on their diverse range of experience to present you with insights and guidance that will help you manage your financial wellbeing, achieve your lifestyle goals and plan for your financial future. How should you start your search for a financial planner? There are some fundamentals you should look for in the first instance. A license to provide financial advice – Always look for …
Extreme saving – pros and cons of joining the FIRE movement The FIRE (Financial Independence, Retire Early) approach to saving and investing is catching on. Find out if living frugally now for a future of financial freedom is all it’s cracked up to be. What is FIRE all about? In a country with a tragic history of bushfires, you’d expect a website called Aussie Fire Bug to be banned immediately. But the FIRE this bug is blogging …
ECONOMICS & MARKETS After the Bell: daily market update, June 24 24 Jun, 2020 ASX finished slightly higher today, the Aussie dollar is up, and there are real second wave fears in Victoria. Diana Mousina shares her insights on the day 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 …
WEBINARS JUN 2020 – Shane Oliver’s mid-year progress report on markets and the economy 24 Jun, 2020 2020 wasn’t the year anyone was expecting, but in welcome news for some, we’re already about six months of the way through it. In this webinar, our Chief Economist and Head of Investment Strategy, Shane Oliver, shares his views on global markets as we learn how to live with COVID-19. Important information While every care has been taken …
Home is where our heart is: our great potential after this crisis Crisis draws out the truest representation of a person’s character, and the same can be said for national spirit and collective consciousness. For all of the progress we celebrate and public support we witness for gender equality, COVID-19 has forced us to realise what we first saw with such clarity in the world wars: households are the backbone to our nation, and women …
Four challenges for companies in the face of COVID-19 We believe that one of the most violent 50-day rallies in market history is quite difficult to comprehend unless viewed through the lens of significant policy action. This presents significant challenges for companies to navigate. The US Federal Reserve Bank was buying more than US$1 million in financial assets every second during the peak panic phase of the COVID-19 crisis. But more importantly, the timing of …
ECONOMICS & MARKETS After the Bell: daily market update, June 23 23 Jun, 2020 Overall an interesting day on markets today, with updates on trade deals influencing the market. Senior Economist, Diana Mousina, shares her insights on how the Australian share market performed. 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 …
Econosights: Coronavirus and migration – impacts to Australia from lower population growth Key points Australia’s headline economic growth outperformance (relative to global counterparts) over the past decade has been flattered by high population growth (driven by net migration) over the past decade A fall in net overseas migration into Australia means lower population growth and a hit to GDP growth in the next few years. But this is unlikely to become a permanent change unless …
ECONOMICS & MARKETS After the Bell: daily market update, June 22 22 Jun, 2020 Another flat day in Australia today, coming off a slower end to the market on Friday. Chief Economist, Shane Oliver, joins us with his insight on how the Australian share market performed today, and how major share markets finished up on Friday. Important information While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN …
