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.
Tag: (much
Oliver’s insights – goldilocks versus recession
Recession versus “goldilocks” – five reasons why we could still avoid
recession
recession
How much do you need to retire comfortably in Australia?
How much do you need to retire comfortably in Australia? Knowing how much money you might need, how long it will last can be tricky. Working out how much is enough for retirement depends on many factors, such as your lifestyle, plans for the future, and the number of years you’ll spend retired. Additionally, estimating how much you’ll have when you plan to retire depends on factors such as your current salary, super balance and …
Oliver’s insights – RBA review
This article takes a look at the recommendations of the independent Reivew of the RBA and it’s not clear the proposed reforms will lead to a better outcome for the Australian economy.
The US Federal Reserve starts raising interest rates – implications for Australia and investors | AMP Capital
The US Federal Reserve starts raising interest rates – implications for Australia and investors Key Points The Fed has finally joined other central banks in raising interest rates, taking the Fed Funds rate from a range of 0-0.25% to 0.25-0.5%. This was well flagged and reflects the tight US labour market and high inflation. The Fed flagged another six rate hikes this year and the start of quantitative tightening soon. First rate hikes in a …
Should I still change jobs despite COVID-19? | Money & Life
Should I still change jobs despite COVID-19? With pandemic lockdowns in place across much of the country, is now still a good time to look for a new job? After falling to a 10-year low in June, the unemployment rate is again tipped to edge higher. So what does the future hold for Aussie workers? Go back a month or two and you’d be forgiven for thinking we were on the fast track to pay …
The return of geopolitical risk? – what to watch over the remainder of 2021 | AMP Capital
The return of geopolitical risk? – what to watch over the remainder of 2021 Key points Geopolitical issues generate much interest but don’t necessarily have a significant impact on markets. But geopolitical risks are higher than prior to the GFC reflecting three big themes: a populist backlash against economic rationalist policies; the falling relative power of the US; and the polarising impact of social media. After a lull following the transition to President Biden, key …
What does it really cost to raise kids? | Money & Life
What does it really cost to raise kids? We often hear that raising kids is expensive, but just how much will it cost you over the first five, 10 or 20 years? Here’s a closer look at the costs of each stage of life. If you’re thinking about having kids, or have already taken the plunge, you might be wondering how much you’ll need to budget for their welfare. There are a few different answers …
Econosights: The importance of domestic tourism for the Australian economy
Econosights: The importance of domestic tourism for the Australian economy Key points Domestic tourism is worth more to the Australian economy (at over 4% of GDP) compared to how much international tourists bring into Australia (at 1.3%). And, Australian spending on overseas trips is worth twice the value of international tourist spending within Australia. So, there is potential to offset the loss of activity from international tourism (especially if the borders stay closed through …
1 million enough to retire
Is $1m enough to retire? A million dollars is a figure that’s often cited as the amount you need to retire. But while $1 million doesn’t go as far as it used to – it only goes slightly above the median house price in Sydney1 – for many people it still sounds like an impossibly large amount of money to save. In reality, there’s no set figure you need to have accumulated in savings, super, real …