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 …
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 …
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 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 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 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 …
The market is feeling very confident that profits accelerate from here and has been very generous in looking beyond some relatively weak results for the second half of FY18-19, and although it is probable that similar results will be unveiled at the first half of FY19/20 in February, we believe it is still optimistic to expect a major rebound in profits given the current low growth and the building headwinds such as bushfire fallout and …
How to create realistic goals….and stick to them. Whether it’s finances or fitness, spending time on setting your goals can reap rewards. When it comes to the big things in life we all have our goals. Getting promoted at work. Educating the kids through school. Saving for a comfortable retirement. It’s important to aim high. But if the goals you set are overambitious, with no checkpoints along the way, you could be setting yourself up …
5 days to get your finances in order Our New Year challenge Too time poor for resolutions? Try our challenge instead New Year’s resolutions are such a drag, right? Whether it’s fitness, family or finances, the best laid plans rarely last beyond the first week of January. Life has a habit of getting in the way, especially these days with so many demands on your time. We get it. Things got a whole lot more …
Can refinancing my home loan save me money? By replacing your home loan with a new one, you could take advantage of a better deal. Even if you secured a competitive package when you first took out your home loan, it’s worth reviewing each yeari to make sure the interest rates, fees, features and terms & conditions continue to meet your needs. And with interest rates at an all-time low in Australiaii, now may be a …
