What could the lasting impacts of COVID-19 be? Let’s assume for a moment that we are able to contain the outbreak in Victoria and any clusters in New South Wales in the coming weeks. Throw in also the possibility of an effective vaccine emerging, and there’s good cause for optimism about the prospect of life returning to a new normal sometime next year. I’m going to stress the word “new”, however, because while …
Common tax mistakes for SMSFs with rental properties In our recent article we covered tax relief concessions that could be considered where SMSF trustees have agreed to rent reductions for their tenants. Any reduction is decided on a case-by-case basis and the positions of the landlord and tenant. Whether the property is rented on a long-term or short-term basis, there are some simple lessons to be remembered to ensure the fund complies with the rules. …
ECONOMICS & MARKETS After the Bell: daily market update, July 3 03 Jul, 2020 The market notched up its fourth day of gains for the week in Australia. Diana Mousina recaps the day that was, and talks through how infection numbers are tracking worldwide. 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 …
Four challenges for companies in the face of COVID-19 We believe that one of the most violent 50-day rallies in market history is quite difficult to comprehend unless viewed through the lens of significant policy action. This presents significant challenges for companies to navigate. The US Federal Reserve Bank was buying more than US$1 million in financial assets every second during the peak panic phase of the COVID-19 crisis. But more importantly, the timing of …
Financial counsellor or financial planner: What’s the difference? Ok we get it, knowing where to turn to for financial advice can be confusing sometimes! Financial planners and financial counsellors are both types of financial experts, so which one is right for you? When you’re looking for advice on your finances, it can be hard to know where to turn. Counsellor, adviser, planner? A simple internet search can be enough to make your head spin. While …
Superannuation 101: Your guide to a happy retirement Superannuation is a handy way of saving for retirement, so that you’ll have an income to live on once you’re no longer working. With Aussies living longer than ever before, you could be looking forward-to many happy years of retirement. Having a financial nest-egg to support you into old age is essential. Australia’s superannuation system is a highly regulated and efficient way of saving for your retirement. …
ECONOMICS & MARKETS After the Bell: daily market update, June 16 16 Jun, 2020 Big rally on the ASX today, as speculation surfaces that another stimulus package will be released in the US. Our senior economist, Diana Mousina, explains the day 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 …
ECONOMICS & MARKETS After the Bell: daily market update, June 1 01 Jun, 2020 Shane Oliver talks about the day that was in markets, his thoughts on whether Australia could avoid a technical recession, and his level of concern about a second wave of infection. 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 …
ECONOMICS & MARKETS After the Bell: daily market update, May 18 18 May, 2020 Chief economist wraps the day that was in markets, and shares his thoughts on the COVID-19 situation in India, as well as an approaching Brexit deadline. 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 …
ECONOMICS & MARKETS After the Bell: daily market update, May 11 11 May, 2020 Chief economist Shane Oliver wraps the day that was in local markets, the last week in global markets, and why Australia might just be the lucky country when it comes to COVID-19 recovery. 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 …
