Real Estate House View 2021: Retail Outlook

REAL ESTATE Real Estate House View 2021: Retail Outlook 18 Feb, 2021 By Brett Williams Managing Director of Retail – Real EstateSydney, Australia Experience and convenience the key for retail’s future. The retail sector has had a lot of structural challenges recently due to the global pandemic, however its resilience has been stronger than anticipated with optimism around the ability of operators to evolve past their current offering. Looking to 2021, the most appealing assets are …

Econosights: The unequal impact of COVID-19 across Australia’s states

Econosights: The unequal impact of COVID-19 across Australia’s states   Key points States/territories with lower cases of COVID-19 have had stronger economic performance compared to the hardest hit states of NSW and Vic. This is not surprising given the imposed and self-regulated household mobility restrictions. Lower overseas migration over the next few years is a big negative for NSW and Vic state growth. Net migration had been a big driver of NSW and Vic population …

Make your cancelled holiday count

Make your cancelled holiday count If your usual Christmas travel plans have been put on hold by COVID-19, don’t despair. Your holiday savings could turn out to be a cash bonanza for your finances. COVID-19 has played havoc with our love of travel, forcing many to shelve their annual summer holiday for another year. But while you still can’t take that overseas trip you’ve been craving, there are plenty of ways to put your funds …

Managing retirement in the COVID-19 environment

Managing retirement in the COVID-19 environment Investment markets are experiencing significant volatility, and for those planning for or heading into retirement, there’s limited certainty at a time when you likely need it most. Hosted by Lara Bourguignon – Managing Director, Superannuation, Retirement and Platforms at AMP, this webinar is delivered by Darren Beesley – Head of Retirement Solutions at AMP Capital, who gives his perspective on the impact of COVID-19 on retirement plans and the …

The benefits of contactless payments

The growth of contactless payments COVID-19 has accelerated our move towards a cashless society. If you can’t tell your Apple Pay from your AirPlay, now’s a good time to consider the benefits of contactless payments. It’s a very 2020 story. Your new homemade breadmaking skills are as uneven as the lump you lifted from your oven, so you pop down to the bakers for their tasty sourdough rolls. But as you make it to the …

Econosights: The outlook for the global economy

Econosights: The outlook for the global economy   Key points Our forecasts anticipate a solid rebound in global GDP growth over 2H2020 across developed economies from re-openings after strict national lockdowns, better management of COVID-19 cases and continued policy support. A cyclical upswing is evident in US indicators of manufacturing, industrial production and housing. Vaccine developments provide upside and downside risks to our views. Our current growth forecasts assume that a vaccine is available by …

AMP Foundation’s COVID-19 community boost

Twenty-three charities have shared in $2 million in AMP Foundation COVID-19 Community Boost grants to help them support Australians through these challenging times. Learn more: https://www.amp.com.au/COVIDgrants Original Author: Produced by AMP and published on 17/09/2020 Source You may also like Covid-19: Is now the right time to downsize my property? | Q&AMP As a result of COVID-19 and the rising unemployment rate, many Australians have questions about their retirement and savings, especially w… AMP backs campaign …

What to do next if you’re facing redundancy

What to do next if you’re facing redundancy Uncertainty around COVID-19 might be increasing your stress levels about losing your job, but here are five ways to soften the financial blow. In April, Australia hit its highest unemployment rate in five years1, and with the Federal Treasurer expecting an unemployment rate of around 10% by the end of the year2, many Aussies may be feeling a little uneasy about their future job prospects. Which sectors …

More action out of the RBA this month to support the economy | AMP Capital

More action out of the RBA this month to support the economy   At its September board meeting, the RBA left interest rates on hold, which was no big surprise. The surprise was in the RBA’s announcement of an extension and increase of the cheap funding it provides to the banks. You might recall back in March, the RBA announced a term funding facility, under which it would provide cheap loans to the banks, locked …

Econosights: The outlook for consumers | AMP Capital

Econosights: The outlook for consumers Key points Despite the fall in Australian employment since March, total household incomes have risen from government payments and other measures including the mortgage deferral scheme and early access to superannuation. Consumer savings will lift in the short-term from the temporary boost to income and lower consumer spending. Higher household savings will help to smooth consumption over the next year as household income growth remains low into 2021 as the …