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, …

Women and super: taking control during COVID-19

Women and super: taking control during COVID-19 With unemployment rising due to COVID-19, women’s financial health is at greater risk. Find out ways to take control and better protect your financial future. In the past, economic downturns have helped advance women’s financial equality1 . During World War II, women were encouraged to enter the paid workforce while men went off to war, giving many the first taste of independence. And during the downturn of the 1980s, …

After the Bell: daily market update, May 19 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, May 19 19 May, 2020 Markets have had one of their best days of the month, hopes of a vaccine are rising and the pace of job declines in Australia is slowing. Senior economist Diana Mousina shares her insight for 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 …

Exploring long-term opportunities in real estate as we work through COVID-19

Exploring long-term opportunities in real estate as we work through COVID-19 Investment markets have taken a hit during the COVID-19 pandemic, and real estate is no exception. But as we get a clearer look at economic data, local market dynamics and Australia’s position as a global leader in fighting the infection could present local and APAC markets with opportunity. Our chief economist, Shane Oliver, often refers to the crisis economies and investment markets are in …

Women and the future of work

  Women and the future of work A changing world of work holds old challenges and new opportunities for women The coronavirus (COVID-19) pandemic is affecting us all, but women have particular trends to consider. Women already face a number of financial challenges, including 28% less super at retirement¹. COVID-19 and the effect of policy responses may widen existing gender financial inequities. With women more likely to work part-time or casual, and to take time out …

Why it’s important to think about insurance ahead of retirement

  Finding the right level of insurance cover is important when you’re thinking about retirement. If retirement’s coming up on your horizon, the impact of COVID-19 (coronavirus) may have thrown a warehouse-sized rack of spanners in your planning.   It makes sense to concentrate on things you can control, such as insurance. Too-high premiums can chew away at the foundations of your savings, at a time when they’re more important than ever. Under-insure and one …

What does the share market need to see now? | AMP Capital

  Share markets have rallied in the last month, but they’re well off their pre-coronavirus highs. Here, we look at what markets might need to see before strengthening again. Lockdown restrictions are starting to ease now across Australia, albeit slowly. At the federal level, the government has always maintained that schools are a safe place for children, and is now urging parents to send their children back. State leaders in NSW, Queensland, the Northern Territory …

Teaching your kids to spend wisely

Teaching your kids to spend wisely There are many reasons we fall into the trap of overspending. One reason is we get bombarded with very effective advertising on social media where data scientists and algorithms seem to know what we will be tempted by before we do. Perhaps we are emotional spenders and buy things because it feels good. Maybe we’re trying to keep up with the Joneses, or perhaps we lose track of how …

Market Update 24 April 2020 | AMP Capital

Investment markets and key developments over the past week Share markets pulled back over the last week as oil prices fell further, not helped by very poor economic data. However, the falls were relatively mild compared to the 20% plus rally from the March low point. For the week, US shares fell 1.3%, eurozone shares fell 1.8%, Japanese shares fell 3.2% and Chinese shares lost 1.1%. Australian shares were dragged down by 4.5% for the week …

Making sense of the Economic Stimulus Package | Money & Life

Making sense of the Economic Stimulus Package In March and April 2020, a whole range of payments have been announced for Australians looking for financial relief as a result of the COVID-19 pandemic and economic crisis. Find out more about these measures and how your clients could benefit from the Federal Government’s economic stimulus package. The global and local impact of the COVID-19 pandemic has introduced many new questions in conversations between financial planners and …