Super milestones to hit in your 20s, 30s and 40s | Money & Life

Super milestones to hit in your 20s, 30s and 40s It’s never too early or too late to start planning for life after work, but where do you start? If you’re feeling unsure about how your super stacks up, take a look at our simple guide. While there’s no ‘one-size-fits-all’ approach to superannuation, it can help to understand what you need to focus on at each stage of life. Endura Private Wealth director Craig Stobbie …

Australian housing finance is booming… but can it continue?

Australian housing finance is booming… but can it continue? What the data is saying According to figures from the Australian Bureau of Statistics (ABS) , the total value of new loan commitments for housing and within that, the value of owner occupier home loan commitments each reached record highs last month. Some key figures include: 1. The total value of new loan commitments for housing rose 8.6 per cent to $26 billion (seasonally adjusted.) This …

Create an 8-week Christmas savings plan

  Create an 8-week Christmas savings plan The sooner you start saving for Christmas, the better. But you can do it in just eight weeks – even if you have a tight budget in the lead-up to this year’s festive season. Here’s how to develop a plan to save money and reach your holiday goals. Fairy lights twinkling, seafood on the barbie, gifts being wrapped and Michael Bublé crooning in the background – Christmas can …

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% …

After the Bell: daily market update, July 20 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, July 20 20 Jul, 2020 ASX has had a soft start to the week, global markets finished well last week, and the economic impact of a second wave or accelerated first waves. Chief Economist Shane Oliver shares his insights 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 …

A new financial year with some new super rules | AMP Capital

A new financial year with some new super rules The start of a new financial year always brings with it new rules for super funds. Sometimes there are lots of changes, which are wide-reaching, and in other years there’s just a few. For the 2020/21 financial year, the two main changes are: the abolition of the work test for anyone aged 66 and 67 years old who wish to make personal non-concessional contributions; and an …

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 …

After the Bell: daily market update, June 15 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, June 15 15 Jun, 2020 Rough start to the week for the ASX as markets continue to get the jitters. Our chief economist, Shane Oliver, talks about that, about how markets finished worldwide last week, and the risks of a second wave. Important information While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL …

Investment markets and economic recovery from COVID-19 – Shane Oliver May 2020

Since the start of 2020, COVID-19 has changed the world in many unexpected ways. Investment markets have experienced ongoing volatility and even the most stable economies have been shaken. But what does it all mean? AMP Chief Economist Shane Oliver explores some of the most frequently asked questions and provides his forecast for recovery in this recorded webinar from May 2020. Original Author: Produced by AMP and published on 28/05/2020

Money Saving Mindset – How to encourage a money-saving mindset in your kids

Money Saving Mindset – How to encourage a money-saving mindset in your kids The right time to teach kids about saving money might be sooner than you think. The surprising truth is, kids form their money habits very early on. Behaviour experts at Cambridge University1 found children’s money habits are formed by the age of 7.     With that in mind, it’s never too early to start teaching your kids how to make good decisions about …