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 …
Women and the future of work A changing world of work holds old challenges and new opportunities for women The coronavirus (COVID-19) pandemic is affecting us all, but women have particular trends to consider. Women already face a number of financial challenges, including 28% less super at retirement¹. COVID-19 and the effect of policy responses may widen existing gender financial inequities. With women more likely to work part-time or casual, and to take time out …
3 factors affecting Retirement income High life expectancy and low interest rates may make it harder for some retirees to live long and prosper. Here we look at three elements from an AMP Capital Investors reporti that affect a post-work reasonable income – interest rates, inflation, and longevity. 1. Interest rates – high valuations, low returns Historically low interest rates have driven valuations of defensive assets such as cash and fixed interest to unprecedented highs. Generally, …
