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 …

Dealing with being asset rich and cash poor

Dealing with being asset rich and cash poor Reverse mortgages could be one way to help with living expenses, but they may also erode any equity you have in your home over time. Given longer life expectancies, the rising cost of living and the property boom, more and more retirees find themselves asset rich and cash poor. One option is to downsize to a cheaper home, but this often has major disadvantages. If they are …

Dealing with redundancy

Dealing with redundancy How you spend your time and money after redundancy can make a difference to your future career and wellbeing. Find out how to plan for your best outcome. When your time at work comes to an end because of redundancy, it can stir up all sorts of feelings, ideas and possibilities. For some it’s a great opportunity to rethink how you want to be spending your time. Fear of the unknown can …