7 ways to get your money working harder during COVID-19

7 ways to get your money working harder during COVID-19 If you’re fortunate enough not to have been affected financially by coronavirus, you might find you’re spending less and saving more The COVID-19 (coronavirus) outbreak has seen Australians rise to the challenge of a new way of life involving a lot less time spent outdoors and a lot more time spent at home. We’ve seen new concepts added to our daily vocabulary like social distancing, …

Australian house prices starting to fall – collapse likely averted but expect more weakness ahead | AMP Capital

  Australian house prices starting to fall – collapse likely averted but expect more weakness ahead   Key points Australia capital city home prices fell -0.5% in May. Significant policy support & the earlier reopening of the economy have made our worst-case scenario for a 20% decline in average Australian house prices unlikely. However, our base case is for home prices to fall around 5-10%, as “true” unemployment will remain high, government support measures and …

After the Bell: daily market update, May 29 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, May 29 29 May, 2020 After a big week in Australian and overseas markets, portfolio strategist Brad Creighton shares his views and insights on the key sector and data moves for week and month 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 …

COVID-19 and the job market

COVID-19 and the job market 29 May 2020 How COVID-19 is affecting the Australian employment market and what it means for your job The coronavirus outbreak has had a major impact on Australians’ livelihoods. Many working Australians have needed to adjust to a loss of income resulting from working from home, reduced working hours, and in some cases loss of employment as government restrictions have taken hold. Let’s look at the state of play in …

Market Update 29 May 2020 | AMP Capital

  Investment markets and key developments over the past week Share markets continued to rally strongly over the past week as economic reopening in developed countries and stimulus measures continued but worries about an escalation in US/China tensions saw gains reduced late in the week. Despite taking a bit of a hit on Friday from worries about US/China tensions, the Australian share market made it to a new recovery high with particularly strong gains in banks, …

Essential checklist for the end of financial year

Essential checklist for the end of financial year The end of financial year on 30 June is a good time to take stock and get your finances in order. This is an end of financial year like no other. Being prepared, reviewing your super contributions and submitting your return on time are good policies every year, but the shadow of COVID-19 (coronavirus) means many of us face unexpected pressures in a changing economic environment. Many …

After the Bell: daily market update, May 28 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, May 28 28 May, 2020 Another rally on the ASX today, with the banks finishing strong again. Some business investment data was also released, indicating a downgrade for FY21. Senior economist Diana Mousina explains. 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 …

Property development in an SMSF: direct ownership | AMP Capital

Property development in an SMSF: direct ownership In the previous article on property development in an SMSF, we covered the main things that should be considered no matter what type of structure is used for the property development. This week we will look at a fund that has been instructed to purchase a property and owns it directly. When a decision is made for an SMSF to purchase or acquire a property, who the property …

State of share markets and economies worldwide – where are we on the road to recovery? | AMP Capital

WEBINARS State of share markets and economies worldwide – where are we on the road to recovery? 27 May, 2020   By Diana Mousina Economist – Investment Strategy & Dynamic MarketsSydney Australia In our May market update, Diana Mousina, Senior Economist at AMP Capital, will provide an update on the state of share markets and economies worldwide, to help investors and market watchers be well placed to capitalise on the inevitable recovery from the COVID-19 crisis. …

After the Bell: daily market update, May 27 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, May 27 27 May, 2020 Huge rally for the banks today, but not enough to push markets higher – the ASX finished slightly lower today. Senior economist Diana Mousina talks us through 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 …