Tag: some

Five areas set to benefit from this year’s Federal Budget

Five areas set to benefit from this year’s Federal Budget This year’s Budget saw a big bag of measures announced to get growth accelerating in the Australian economy. Some people and sectors will feel its impacts more than others. Most groups in the Australian community look likely to benefit from this year’s Federal Budget in some way, assuming the measures are enacted (remember, the Budget is not legislation). You can read our detailed analysis of …

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GDP figures are creeping to Great Depression levels, but there’s more to the story | AMP Capital

  GDP figures are creeping to Great Depression levels, but there’s more to the story   On September 2, gross domestic product (GDP) data for the June quarter confirmed that Australia is experiencing its first recession since 1991. Australia has recorded backwards growth for the second quarter in a row, with Australian GDP falling by 7% in the June quarter. While the figure is better than forecasts a few months ago – about a 10% …

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4 reasons the share market could hold up against COVID-19

4 reasons the share market could hold up against COVID-19 There are very good reasons for the faith that investors are placing in equities markets. News around the COVID-19 pandemic hasn’t been promising. New cases have shown early signs of stabilising, but it’s too soon to say we’ll see a dip in new cases. The world’s largest economy also remains under siege as the virus begins to take hold across many parts of the US. …

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Econosights: The outlook for consumers | AMP Capital

Econosights: The outlook for consumers Key points Despite the fall in Australian employment since March, total household incomes have risen from government payments and other measures including the mortgage deferral scheme and early access to superannuation. Consumer savings will lift in the short-term from the temporary boost to income and lower consumer spending. Higher household savings will help to smooth consumption over the next year as household income growth remains low into 2021 as the …

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Mortgage relief to be extended for struggling Aussies | Money & Life

Mortgage relief to be extended for struggling Aussies There may be some welcome news for distressed Aussie homeowners, with banks extending their offer of mortgage relief to those in need. Find out more about the offer and pay off your home loan sooner. Mortgage holders who are still struggling financially due to the impact of COVID-19 will be eligible for a further four-month extension to repay their home loans. The Australian Banking Association says lenders will work with …

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After the Bell: daily market update, July 17 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, July 17 17 Jul, 2020 ASX was slightly up today, China has recorded some solid economic data, and COVID-19 cases continue to rise in Victoria. Portfolio strategist Brad Creighton recaps the week that was. 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 …

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The fiscal cliff is more likely to be a fiscal slope – and why concerns about Australia’s budget deficit are overblown | AMP Capital

The fiscal cliff is more likely to be a fiscal slope – and why concerns about Australia’s budget deficit are overblown Key points The threat to the recovery from the “second wave” of coronavirus cases necessitates additional fiscal support in Australia, with the Government recognising this. Australia’s federal budget deficit is now expected to peak at around $220bn this financial year, or around 11% of GDP, its highest since the end of WW2. This is …

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Super – so what? | Money & Life

  Super – so what? For some people, super may be the most valuable asset they’ll ever have. So it makes sense to know how much they have and how it’s invested. But it’s very often the case that young people, in particular, see super as being something that’s of low concern. So how can the super industry get young people interested in something they won’t benefit from for years to come? With home ownership …

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After the Bell: daily market update, July 1 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, July 1 01 Jul, 2020 The first day of the financial year was a good one for the ASX, but some fresh data continues to show the scale of the damage caused by COVID-19. Our 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 …

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Finding the right financial planner for you | Money & Life

Finding the right financial planner for you Money & Life contributors draw on their diverse range of experience to present you with insights and guidance that will help you manage your financial wellbeing, achieve your lifestyle goals and plan for your financial future. How should you start your search for a financial planner? There are some fundamentals you should look for in the first instance. A license to provide financial advice – Always look for …

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