COVID-19 real estate trends: The fire break or the accelerant? | AMP Capital

COVID-19 real estate trends: The fire break or the accelerant? As the world tried to make sense of the COVID-19 crisis through the first half of 2020, one of the most striking themes was the way in which the pandemic had accelerated a number of trends across commerce and society. Two of these – e-commerce and flexible working – were particularly significant for the property sector, in their effect and long-term implications for retail, industrial …

Financial wellness in 2020 – how does yours compare?

Financial wellness in 2020 – how does yours compare? Financial wellness is how you feel about your money. It can affect your overall wellbeing and other areas of your life, such as work and family. So, while money isn’t the be-all and end-all, how you feel about it is pretty important. Since 2014, AMP has been commissioning research1 into the financial wellbeing of Australians and has developed the Financial Wellness Index. It measures a person’s satisfaction …

Home is where our heart is: our great potential after this crisis | AMP Capital

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 …

Making the most of tax savings before 30 June | Money & Life

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 | Money & Life

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 …

Where to seek advice during the COVID-19 crisis | Money & Life

Where to seek advice during the COVID-19 crisis The COVID-19 pandemic is a global crisis and people the world over are experiencing impacts in their lives as a result. To keep your anxieties about money to a minimum, find out where you can turn for help to secure your finances and income. With the ongoing escalation of the COVID-19 crisis many people are struggling. Huge changes are happening and we’re all being affected, socially, emotionally …

Tax reform and big investment are on the table in Australia’s recovery period | AMP Capital

Tax reform and big investment are on the table in Australia’s recovery period The Reserve Bank governor, Philip Lowe, has released new growth forecasts for Australia as the COVID-19 fight continues. There are several levers policy makers could pull as we steer towards recovery and a new growth agenda. Economic growth The RBA expects a 10% decline in GDP over the March and June quarters. These forecasts are similar to our own, we are expecting …

Supporting clients with super choices during the COVID-19 crisis | Money & Life

Supporting clients with super choices during the COVID-19 crisis Policy changes and market volatility are throwing the spotlight on super as the COVID-19 crisis ramps up. Get insights from industry leaders to keep in mind as you talk to clients about options for their super. The COVID-19 pandemic cast a long shadow over the 2020 Retirement Conference held on 31 March in more ways than one. As you’d expect at this time of social distancing, …

Where to seek advice in uncertain times | Money & Life

Where to seek advice in uncertain times The COVID-19 pandemic is a global crisis and people the world over are experiencing impacts in their lives as a result. To keep your anxieties about money to a minimum, find out where you can turn for help to secure your finances and income. With the ongoing escalation of the COVID-19 crisis many people are struggling. Huge changes are happening and we’re all being affected, socially, emotionally and …

Seven lessons from the Global Financial Crisis for investors

Seven lessons from the Global Financial Crisis for investors Key points The key lessons for investors from the Global Financial Crisis (GFC) are that: there is always a cycle; while each cycle is different, markets are pushed to extremes of valuation and sentiment; high returns come with higher risk; be sceptical of financial engineering or hard-to-understand products; avoid too much gearing or gearing of the wrong sort; the importance of proper diversification; and the importance …