Australian GDP slowed in the June quarter & will be hit hard by the lockdowns – but here’s 7 reasons to look beyond the gloom | AMP Capital

Australian GDP slowed in the June quarter & will be hit hard by the lockdowns – but here’s 7 reasons to look beyond the gloom Key Points Australian GDP growth slowed in the June quarter but to a stronger than expected +0.7%qoq. This avoids a technical recession, but the current quarter is likely to see a 4% slump due to the lockdowns. While there is lots of gloom around there remains strong reason for optimism …

The Australian economic recovery remained strong in the March quarter with GDP up 1.8% – seven reasons for optimism | AMP Capital

The Australian economic recovery remained strong in the March quarter with GDP up 1.8% – seven reasons for optimism Key points With growth of 1.8% in the March quarter, Australian GDP is now back above its pre pandemic level. While uncertainties remain – including around the latest coronavirus outbreak in Victoria – there are seven reasons for optimism that the recovery will continue at a decent rate: vaccines; global growth is ramping up; consumer spending …

What the rise of the $A means for global investors

What the rise of the $A means for global investors The recent rise of the Australian dollar has been surprising but not confounding for experts who believe the its natural level is closer to US70 cents. Indeed, it’s the weakness of the US dollar that’s pushed the Australian dollar higher relative to the benchmark currency in recent weeks even though US economic growth and a resurgent commodities segment had most market watchers expecting the Australian …

Retiring within the next 5 – 10 years

  Retiring within the next 5 – 10 years The combined effect of earlier retirement and living longer means that many Australians will spend more than a quarter of their life in retirement. While this sounds like good news, it does emphasise the importance of planning carefully – and well in advance – for your retirement. Some questions you may wish to consider include:• How much do I need to retire on? When can I …