Econosights: Implications from Australia’s energy “crisis” | AMP Capital

Econosights: Implications from Australia’s energy “crisis” Key points Australian electricity and gas price increases will impact most consumers from 1 July 2022. We expect the increase in energy prices to add 1 percentage points to headline inflation. We now see headline inflation peaking at 7% in the September quarter and trimmed mean inflation peaking at 5.5% in the December quarter. There are no changes to our expectations for the cash rate from the lift in …

Market Update 11 March 2022 | AMP Capital

Market Update 11 March 2022 Investment markets and key developments over the past week The past week saw a further escalation in sanctions over the war in Ukraine with now energy being targeted resulting in another surge in oil prices and leg down in global share prices before a relief rally kicked in on hopes for a peace deal and increased OPEC production only to see share markets fall again. The gyrations left US, Japanese and …

Another energy shock and the threat from higher petrol prices | AMP Capital

Another energy shock and the threat from higher petrol prices Key Points Oil prices have spiked on the anticipation and now reality of restrictions on Russian oil supply from the war in Ukraine. This is driving a sharp rise in petrol prices which will hit household spending power. Fortunately, there is an offset in Australia from the boost to national income from higher energy prices and commodity prices generally and scope for the Federal Government …

How to save money by reviewing your providers

How to save money by reviewing your providers Review your utility and other service providers regularly to make sure you’re getting the best deal. I’m not someone who enjoys listening to hold music and I’d rather spend my time online shopping than checking out gas and electricity offers, so as long as the lights switch on, my shower is hot and I can stream Netflix, contacting my utility and other service providers is something I …

How to Give Saver’s Block the Boot

How to Give Saver’s Block the Boot Are you suffering from saver’s block? If you don’t know if you are or not, we will list two of the most common symptoms associated with saver’s block. Lack of ideas or never ending to-do lists are two symptoms that lead to saver’s block. The most prominent sign that you have saver’s block is that you lack the ability to save money. Money, at this point, is not …