After the Bell: daily market update, May 14 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, May 14 14 May, 2020 Markets were down in Australia today and this week, more jobs data has been released – showing a few small surprises. Senior economist Diana Mousina explains. 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 Limited (ABN 15 159 557 …

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 …

Managing your financial health during the COVID-19 pandemic | Money & Life

Managing your financial health during the COVID-19 pandemic With so much uncertainty about, good financial planning is more important than ever. A quick financial health-check can help you weather the pandemic and reach your financial goals. The COVID-19 pandemic has certainly disrupted our daily lives, forcing us to close entire industries and change our behaviour overnight. With the lockdown directly affecting jobs and the economy, many people’s thoughts quickly turned to their finances. Corey Wastle …

Wellbeing learnings after life in Japan during COVID-19 | AMP Capital

Wellbeing learnings after life in Japan during COVID-19 The COVID-19 human health emergency is pushing us all to live a more quiet, isolated existence. For me, experiencing this reality in Asia during the initial COVID-19 outbreak brought home the importance of some simple, fundamental wellbeing routines. At the moment, countries around the world are coming to grips with the COVID-19 fight we have on our hands. We, and what we read daily, are consumed by …

Key measures for super, social security in response to COVID-19 | AMP Capital

Key measures for super, social security in response to COVID-19 The government’s announcements on 22 March help provide support for some people impacted by the economic effect of the Coronavirus. Three of the announcements which are now law, apply to anyone with super or in receipt of social security benefits. Let’s look at what the government has to say and how the changes work. In a nutshell the changes are: Reduction in the minimum pension for …

Why a job means more to kids than money

Why a job means more to kids than money Getting your kids out to work isn’t just about teaching them the value of an honest day’s work. It’s also a great way for them to start taking an interest in all sorts of financial matters. Find out more about what your kids stand to learn from their earliest years in the workforce. Kids are quick to learn that money doesn’t grow on trees. According to …

How to spend more to save Penny wise, pound foolish rings true today

How to spend more to save The old saying “penny wise, pound foolish” couldn’t ring truer than in today’s throw-away world of overconsumption and excessive production of disposable items. Did you know that many manufacturers have been using techniques to deliberately reduce the life of a product to increase its replacement rate and sell you the same thing again? It’s called planned obsolescence. Some products are not built to last. Others are specifically designed to make …

2017-18 saw strong returns for diversified investors – but there’s a few storm clouds around

2017-18 saw strong returns for diversified investors – but there’s a few storm clouds around Key points 2017-18 saw strong returns for diversified investors, but it was a story of two halves with strong December half returns but more volatility in the past 6 months. Key lessons for investors from the last financial year include: turn down the noise around financial markets, maintain a well-diversified portfolio; be cautious of the crowd; and cash continues to …

Plan more, worry less

Plan more, worry less Want to make money worries a thing of the past? A new year can be a great time to take control of your finances and enjoy greater peace of mind, now and in the future. New year, more stress Thanks to the post-spending hangover many of us suffer after buying big for the festive season, the new year can start with an unhealthy dose of financial stress. According to a 2017 survey …

Is working more the answer to your financial problems?

Is working more the answer to your financial problems? When working more means earning more, it makes sense to take that promotion or extra shift to get ahead financially. But when expenses go up and quality of life goes down, is the price you’re paying for longer hours too high?  So you’ve been offered a pay rise at work that comes with more responsibilities. If that’s going to mean staying late at the office or …