7 ways to get your money working harder during COVID-19

7 ways to get your money working harder during COVID-19 If you’re fortunate enough not to have been affected financially by coronavirus, you might find you’re spending less and saving more The COVID-19 (coronavirus) outbreak has seen Australians rise to the challenge of a new way of life involving a lot less time spent outdoors and a lot more time spent at home. We’ve seen new concepts added to our daily vocabulary like social distancing, …

After the Bell: daily market update, May 27 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, May 27 27 May, 2020 Huge rally for the banks today, but not enough to push markets higher – the ASX finished slightly lower today. Senior economist Diana Mousina talks us through the day 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 …

How Much Superannuation is enough?

How Much Superannuation is enough? When you plan for retirement you will probably develop a financial plan intended to increase the amount you have for retirement. If you are on an average wage of about $85,000 p.a. before tax, you’ll need to save about 15 to 20 times that amount for retirement – about $1.3 to $1.7 million at today’s prices. You’re probably nowhere near that. There are other ways of estimating what you may …

Defining enough – the fundamental question for your financial plan

Defining enough – the fundamental question for your financial plan Do all your future plans rely on having a lot more money than you do now? If the answer is yes, it might be time to think carefully about your values so you can put together a realistic financial plan that will bring you closer to the sort of life you want. Planning for your financial future doesn’t have to be about chasing more money. …

How can I make sure I have enough Super to retire on? (Video)

How can I make sure I have enough Super to retire on? (Video)   Alexis Wheatley CFP® As Principal of Wheatley Wealth Management, Alexis provides high-quality strategic advice to help her clients create and preserve their wealth. As part of the Financial Planning Association’s Ask a Planner video series, Alexis Wheatley CFP® answers the commonly asked question, “How can I make sure I have enough Super to retire on?” If you have a question you’d …

The Australian economy – five reasons growth will continue but unlikely to be enough to justify rate

The Australian economy – five reasons growth will continue but unlikely to be enough to justify rate Key points The Australian economy grew 2.4% through 2017, good but well below potential given high population growth. There is good reason to expect growth to continue and pick up a bit: the drag from falling mining investment is nearly over, non-mining investment is turning up, public investment is strong, trade should add to growth and profits are …