The worry list for shares – how worrying are they? Key Points It’s still too early to say that the pull back in share markets is over. Some of the worries around US fiscal policy and politics, China, global supply constraints and central banks likely have further to run and could see the correction go further. Historically the main driver of whether we see a correction or a mild bear market, as opposed to a …
Market Update 30 July Investment markets and key developments over the past week Despite some concerns about Chinese regulatory tightening early in the week and ongoing worries about coronavirus US and European shares rose over the last week helped by strong earnings results in the US and strong data in Europe. Japanese and Chinese shares fell though with regulatory issues weighing on the latter. The positive US lead helped push the Australian share market …
8 important money tips for when you land your first full-time job If you want to ensure you’re getting the right amount of super and not paying more in tax than you have to, this list is for you. You’re probably yet to hear anyone say they get a thrill from filling out forms or that they love reading long documents full of financial mumbo jumbo, but there’s likely to be a bit of that …
Relationship break-up entitlements when you’re in a de facto If you’re wondering who’ll get the home you’re currently living in, the car, or boat if you have one, we answer some of the commonly asked questions, so you’re across your rights and responsibilities. If you’ve recently split from your partner or are simply wondering what might happen if you do, you’ll need to keep your financial wits about you. A division of assets and debts, …
How unrest in the US is playing out in markets Undoubtedly, the storming of the Capitol Building in Washington DC will go down as a dark mark in US history – not only due to the tragic loss of life which followed. The events of January 6 are a significant indication of social and political tensions in the country at the moment, stirred by President Trump’s dissatisfaction at his loss to Joe Biden in last …
Econosights: The unequal impact of COVID-19 across Australia’s states Key points States/territories with lower cases of COVID-19 have had stronger economic performance compared to the hardest hit states of NSW and Vic. This is not surprising given the imposed and self-regulated household mobility restrictions. Lower overseas migration over the next few years is a big negative for NSW and Vic state growth. Net migration had been a big driver of NSW and Vic population …
Modern Monetary Theory – can it help with economic problems or is it just another Magic Money Tree? Key points Modern Monetary Theory reminds us that monetary financing of government spending need not be inflationary if there is spare capacity in the economy. But it suffers from a number of problems: it implies there is always some sort of free lunch; it underestimates the costs of large-scale public employment programs; and it underestimates the …
Modern Monetary Theory – can it help with economic problems or is it just another Magic Money Tree? Key points Modern Monetary Theory reminds us that monetary financing of government spending need not be inflationary if there is spare capacity in the economy. But it suffers from a number of problems: it implies there is always some sort of free lunch; it underestimates the costs of large-scale public employment programs; and it underestimates the difficulties …
5 ways to shop a little smarter this Christmas If cash flow is looking a tad grim this year, here are some ideas to up the presents under the tree, noting it’s the presence around it that really counts. We don’t need to list the events of 2020 to say it’s been a big one, particularly as we approach the festive season, where many common face-to-face interactions will be limited to a phone or video …
7 ways to stay active and healthy in retirement Staying active and connected in the current environment may have its challenges, but here are some tips that could help keep your physical and mental wellbeing in check. When it comes to living a longer, healthier, more active lifestyle, a good approach can often involve easy tasks that you can turn into everyday habits – even when social distancing is on the agenda. If you’re after …
