Tag: Covid-19

How to get help with your bills during COVID-19 | Money & Life

How to get help with your bills during COVID-19 If you’re one of thousands of people who has lost income due to COVID-19, you might be finding it hard to pay your bills. Here are some tips to help you get back on track. As COVID-19 lockdowns continue across much of eastern Australia, many people have once again found themselves out of work. Those working in service industries, and casual workers in particular, are doing …

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Should I still change jobs despite COVID-19? | Money & Life

Should I still change jobs despite COVID-19? With pandemic lockdowns in place across much of the country, is now still a good time to look for a new job? After falling to a 10-year low in June, the unemployment rate is again tipped to edge higher. So what does the future hold for Aussie workers? Go back a month or two and you’d be forgiven for thinking we were on the fast track to pay …

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Capitalising on the COVID-19 recovery | AMP Capital

Capitalising on the COVID-19 recovery Australia’s strong economic recovery has certainly been interrupted by lockdowns across the country, but despite this short-term pain, we believe the economic momentum following the re-opening will bode well for commercial real estate and those investors able to find value from both traditional and alternative real estate sectors. It may feel like a surprising statement with many still in lockdown and case numbers stubbornly high, but we believe the time …

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The new COVID-19 relief schemes explained

The new COVID-19 relief schemes explained As we navigate more COVID-19 lockdowns across Australia, here’s a guide to the main benefits you may be entitled to from the government, state by state. With new COVID-19 lockdowns, and an increasing number of cases it’s understandable if Aussies are feeling overwhelmed. On top of that, concern about their finances can just add to that stress. The COVID-19 early release of super program ended in December 2020 and the JobKeeper …

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What’s on the cards for Australia now that we have a second wave? | AMP Capital

What’s on the cards for Australia now that we have a second wave? The Reserve Bank of Australia (RBA) had its August board meeting on Tuesday 4th, and though there were no real surprises, I think we can expect more out of the central bank in the coming months. In its meeting, the RBA made mention of the situation unfolding in Victoria, which is sadly seeing COVID-19 infect more people in the state now than …

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How COVID-19 has widened the gender super gap

How COVID-19 has widened the gender super gap With the coronavirus outbreak (COVID-19) wreaking havoc on the global and Australian economies, new research by AMP shows the extent of the economic impact of COVID-19 on the super account balances of Australian women. Diana Mousina, Senior Economist at AMP Capital, and AMP Data Insights Manager, Tracy Lewis, discuss the latest findings on the widening gender super gap. These include contributing factors such as job losses, the …

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Econosights: Inflation in the COVID-19 world | AMP Capital

Econosights: Inflation in the COVID-19 world Key points The money supply across major economies has skyrocketed from central bank asset purchases (or quantitative easing), government stimulus payments and wages building up in bank deposits. There is some concern that the boom in money supply growth could lead to an inflation breakout. However, prior surges in the money supply have not always led to higher inflation. Central bank quantitative easing programs are a big driver of …

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Market Update 17 April 2020 | AMP Capital

Investment markets and key developments over the past week Share markets, with the exception of European shares, pushed higher again over the last week on ongoing signs that the coronavirus curve is flattening in a number of countries which is resulting in a move towards relaxing lockdowns amidst promising reports regarding anti-viral drug tests. While Australian energy stocks were hit as oil prices fell, the local share market was pushed higher again by a strong global …

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