How to play catch up with your super Now you can put more into super at the concessional rate of tax, starting from the 2019-20 financial year Putting more money into the tax-friendly framework of superannuation to help you enjoy a fulfilling retirement… it’s one of those things that seems like a no brainer, especially with the benefit of hindsight. In a recent report Australians in retirement said that making extra super contributions was the …
What the Coalition’s election victory means for Australia’s economy With the Coalition returning to government following Saturday’s Federal election, it’s likely to be business as usual for the Australian economy. AMP Capital Senior Economist Diana Mousina says the Coalition’s focus in the near term will remain on providing tax relief to low-and-middle-income households, which was the focus of this year’s Federal budget. This tax relief represents about 0.5 per cent of gross domestic product (GDP). …
Weekly Market Update 17 May 2019 Investment markets and key developments over the past week Share markets fell earlier in the past week as the trade war continued to escalate, before rebounding helped by better economic and earnings news and hopes of a trade deal. This left share markets mixed with US and Chinese shares down slightly, but Eurozone, Japanese and Australian shares up. Australian shares saw strong gains in resources stocks helped by rising iron …
Should investors be worried about the election outcome? We’re in the midst of the 2019 Federal election campaign, and some investors may be worried about the impact of the outcome on investment markets. There is definitely a clearer difference between the major parties this time, which is creating more uncertainty than in previous campaigns. But those differences aren’t as extreme in many other countries around the world. While the election result may trigger some short-term …
The trade war is back – what went wrong, what it means for share markets and Australia Key points Consumer expectations of instant gratification are driving down delivery times Labour shortages and traffic congestion highlight the criticality of well-located logistics facilities The trade war between the US and China has returned after talks to resolve their trade differences broke down. Our base case remains that a deal will be reached to resolve …
6 steps to get your money stuff together If you’re like three out of four Australians, you may have started the year without a proper budget.i Research indicates that over a third of us believe budgeting is too much effort and almost one in five Aussies say budgeting takes too much time.i Here are some easy wins to keep you on the right track for 2019 1. Work out your goals If you don’t know …
Weekly Market Update 5 October 2018 Investment markets and key developments over the past week Share markets fell over the last week, largely in response to a renewed rise in bond yields. Commodity prices rose, although this was mainly due to higher oil prices. Strong US economic data and some rise in expectations for Fed tightening saw the $US rise and this saw the $A fall below $US0.71. Bond yields have resumed their rising trend, with …
Investing for a rainy day: Key investment concepts you should understand Rather than saving for a rainy day, as the old saying goes, why not save and invest now to achieve your future financial goals? Here we look at some advice from leading financial planners on the key concepts that should inform your investment strategy. Chris Giaouris, CERTIFIED FINANCIAL PLANNER® professional, partner and principal advisor at Chronos Private in Melbourne likens having an investment strategy to going on …
Top 5 financial regrets We all make bad decisions about money from time to time. But what if you could avoid future financial errors by learning what others have done and wish they hadn’t? In our Live the Dream survey we asked Aussies for their top financial regrets so you can learn from their mistakes. 1. Not saving enough More than one in three people surveyed wish they’d saved more. A strong saving habit is …
Wealth creation – what works for financial planning clients Want to know how to set yourself up for a better financial future? Get tips from 6 top financial planners on behaviours that lead to success in wealth creation. 1. Set goals and make a plan – Michelle Tate-Lovery CFP®, Principal Adviser and Director, Unified Financial Services Knowing what your goals are and how you’re going to get there is a very important first step on the …
