Hardship assistance, Just ask

Falling behind on repayments can be stressful but you don’t have to go it alone. Reach out to your bank or lender and ‘Just Ask’ for help. Seeking financial hardship assistance is a right, and lenders are required to respond to every request for hardship assistance. For further information and resources visit Moneysmart.gov.au/justask Original Author: Produced by Moneysmart and published on 03/06/2024

Econosights – does the Federal Reserve have to cut rates first?

In this Econosights we look at whether the US Federal Reserve will be the first major central bank to cut interest rates in this cycle.

Welcome to the Summer edition of Haven – Financial Partners (TAS)

Do you have any idea what a home loan really ends up costing over the life of a mortgage? Thanks to the interest paid over an average 30-year loan term, the figures are eye-watering. Our lead article closely inspects the figures and delves into the simple yet incredibly effective strategies that can carve thousands of dollars off the life of a loan. If you’re in the market to sell a property, we look at the …

Oliver’s insights – Medium Term Returns

Since 1999 nominal returns have been more constrained averaging 6.2% pa as we entered a lower return world with real returns averaging 3.6% pa. The odds are that returns are likely to be even more constrained over the next 5 to 10 years. This article looks at why.

Weekly market update 13-10-2023

This week Dr Shane Oliver analyses where we have seen the bottom in shares; US September inflation will keep the Fed on edge; the impacts of the Israeli war & petrol prices; upside wage growth risks in Australia; and more.

Econosights – how much more excess savings do consumers have

This edition of Econosights looks at how much longer households can draw down on savings and what the outlook is for consumer spending.

Oliver’s insights podcast: Episode #81: Have we dodged the recession bullet?

As rapid monetary tightening means a high risk of recession continues to persist, growth has generally been more resilient than expected. AMP’s chief economist Dr. Shane Oliver looks at five key reasons for why we could still avoid recession. Important information: This podcast is general in nature and hasn’t taken your circumstances into account. It’s important you consider your personal circumstances and speak to a financial adviser before deciding what’s right for you. Any general …

Weekly market update 04-08-2023

Senior Economist Diana Mousina discusses how global shares have had a pull-back after weeks of strong gains as higher yields and US ratings downgrade sour risk sentiment, RBA growth and the little change in inflation forecasts.

Oliver’s insights – Australian recession Q&A

Recession has been a recurring theme over the last year or so but has intensified lately. But what’s driving it? How serious is the risk of recession? And what would it mean for Australians and investors?

What is capital gains tax and when might I have to pay it?

What is capital gains tax and when might I have to pay it? Capital gains tax may be payable when you sell a certain asset (such as shares, land or property) and make a profit. Capital gains tax is charged on the profit you make from the sale of certain assets. These could be assets that you’ve purchased or inherited. To give you a few examples, capital gains tax might apply to things such as …