ECONOMICS & MARKETS After the Bell: daily market update, July 14 14 Jul, 2020 The ASX spent the day in the red today, and there’s plenty of jitters around as COVID-19 cases continue to spike in NSW and Victoria. Senior economist, Diana Mousina, joins us to explain. Important information While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and AMP Capital …
ECONOMICS & MARKETS After the Bell: daily market update, July 13 13 Jul, 2020 The ASX was up today, but concerns remain about recent growth in COVID-19 numbers in Australia. Our chief economist, Shane Oliver, unpicks the day and week that was. Important information While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and AMP Capital Funds Management Limited (ABN 15 …
ECONOMICS & MARKETS After the Bell: daily market update, July 6 Markets started the week lower, and it looks like the upswing in COVID-19 cases remains front of mind. Our chief economist, Shane Oliver, wraps the day that was and talks through how last week closed for global markets. Important information While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and …
5 common financial mistakes to avoid during a crisis The economic impact of the COVID-19 pandemic is playing havoc with finances for many households. Fran Hughes CFP®, Head of Financial Solutions at Nexia Perth offers five ways to limit the impact at this challenging time. With Australia recording a spike in the unemployment rate of 6.2% due to the coronavirus, it’s only natural that households feel under enormous financial pressure and face uncertainty about their future. Perhaps …
Home is where our heart is: our great potential after this crisis Crisis draws out the truest representation of a person’s character, and the same can be said for national spirit and collective consciousness. For all of the progress we celebrate and public support we witness for gender equality, COVID-19 has forced us to realise what we first saw with such clarity in the world wars: households are the backbone to our nation, and women …
Four challenges for companies in the face of COVID-19 We believe that one of the most violent 50-day rallies in market history is quite difficult to comprehend unless viewed through the lens of significant policy action. This presents significant challenges for companies to navigate. The US Federal Reserve Bank was buying more than US$1 million in financial assets every second during the peak panic phase of the COVID-19 crisis. But more importantly, the timing of …
As a result of COVID-19 and the rising unemployment rate, many Australians have questions about their retirement and savings, especially whether it’s a good idea to downsize your home right now. AMP Capital senior economist Diana Mousina and financial adviser John Dani discuss downsizing your home in the current state of the residential property market. Watch for an outlook on Australian property prices, the main reasons for selling your home and downsizing, and the key …
Making the most of tax savings before 30 June The COVID-19 crisis is turning out to be a tough time for many households. Maximising tax effectiveness is one strategy for being smart with your finances. With the financial impact of COVID-19 being felt by many individuals and families, perhaps you’re looking to lodge your next tax return quickly to benefit from a refund. Before the end of the financial year arrives on 30 June, it’s …
Early access not so super for women The COVID-19 crisis has seen many Australians taking steps to stay afloat with their finances. With women more likely than men to withdraw super to make up the shortfall in their income, what does this mean for their long term financial wellbeing? Fran Hughes CFP®, Head of Financial Solutions at Nexia Perth explores the reasons why a super withdrawal at this time could leave women financially vulnerable. The Australian Government’s …
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 …
