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. …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
WEBINARS JUN 2020 – Shane Oliver’s mid-year progress report on markets and the economy 24 Jun, 2020 2020 wasn’t the year anyone was expecting, but in welcome news for some, we’re already about six months of the way through it. In this webinar, our Chief Economist and Head of Investment Strategy, Shane Oliver, shares his views on global markets as we learn how to live with COVID-19. Important information While every care has been taken …
ECONOMICS & MARKETS After the Bell: daily market update, June 18 18 Jun, 2020 Share markets finished lower and some poor jobs data was released in Australia today. Senior economist Diana Mousina talks us through the last 24 hours. 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 15 159 557 721, …
