Market Update 23 April 2021 | AMP Capital

Market Update 23 April 2021 Investment markets and key developments over the past week Share markets generally fell over the last week with first worries about the resurgence in global coronavirus cases and then reports that President Biden will propose a doubling in capital gains tax for high income earners weighing on markets. Although Chinese shares managed to rise from a double bottom after sharp falls since February, US, European and Japanese shares fell. Despite the …

Tips for when you land your first full-time job

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 …

How the gender pay gap is causing problems for Aussie women: Now and in the future | Money & Life

How the gender pay gap is causing problems for Aussie women: Now and in the future Women are entering retirement with significantly less superannuation and personal savings than men – leading to a growing class of women living out their golden years in poverty. We explore how the gender pay gap is adding to this growing epidemic. While most people have heard of the ‘gender pay gap’ (GPG), many of us are less familiar with …

Indexation allows for higher super contributions from 1 July, 2021 | AMP Capital

  Indexation allows for higher super contributions from 1 July, 2021 Making super contributions after 1 July this year comes with a nice surprise as the concessional and non-concessional caps have been indexed along with the increases to the Transfer Balance Cap and Total Super Balance Cap. So how do the contribution changes work? Increase in concessional contributions cap Indexation of the standard concessional contributions cap takes place in increments of $2,500, calculated on increases …

Market Update 22 January 2021

Market Update 22 January 2021 Investment markets and key developments over the past week Global share markets rebounded over the past week with US shares hitting a record high helped by good earnings news and optimism regarding President Biden’s stimulus plans. Reflecting the positive global lead and good Australian economic data the Australian share market rose to its highest since February led by strong gains in IT, retail, health and telco stocks. Bond yields mostly rose …

Market Update 15 January 2021

Market Update 15 January 2021 Investment markets and key developments over the past week Global share markets were mixed over the last week with Japanese shares up strongly, but US and European shares down slightly partly on profit taking after a run of strong gains along with concern about rising bond yields and Chinese shares also down. Consistent with the soft US lead Australian shares also fell slightly with gains in energy, financial and IT stocks …

What could a Biden Presidency mean for market outcomes?

What could a Biden Presidency mean for market outcomes? Market performance in the wake of the US election has been overwhelmingly positive, with Australian and US shares up 11% in November, Japanese shares up 16% and Eurozone shares up 17%. It’s somewhat of an ironic note, given Donald Trump’s fondness to cite stock market strength as indicators of his own economic success, and yet it’s gone up on news of his election loss. There are …

Market Update 11 December 2020

Market Update 11 December 2020 Investment markets and key developments over the past week Global share markets had a slight pull back over the last week with the absence of a new stimulus deal and still rising new coronavirus cases in the US weighing. Despite this, Australian shares rose for the sixth week in a row, albeit it was only a small gain, with a surge in the iron ore price and higher oil prices pushing …

How to save for retirement at every age

How to save for retirement at every age No matter how old you are or where you’re at with your financial goals, it’s important to plan for your retirement. The average Australian now lives to 82.8 years, making retirement a life stage that can continue for two decades or longer. So while this milestone may seem like a lifetime away now, it’s never too early or late to start planning for retirement. Our decade-by-decade guide …

What a COVID vaccine means for stocks

What a COVID-19 vaccine means for stocks AMP Capital’s Australian Equities Portfolio Manager, Dermot Ryan, shares why a vaccine could be great news for stocks in 2021. In a massive healthcare breakthrough in the race to save and protect lives from COVID-19, Pfizer and Moderna have both announced some highly promising vaccine trial results. All going to plan, this should save lives and, in time, help us return to some form of normality. While it’s …