Having enough in retirement
At some point you will retire. Many of us hope that is sooner, rather than later. We hope that we can retire with enough life left in us to enjoy all the things that took a backseat during our working years. We want enough money to be comfortable and safe in the knowledge we won’t…
Read MoreLess for longer: Extension of JobSeeker and JobKeeper Payments
On 21 July 2020 the Government announced a range of proposals to the JobKeeper and JobSeeker Payments as existing arrangements are set to expire in late September 2020. Certain tax concessions to assist businesses were also extended and have been legislated. We have summarised each of these changes below. JobKeeper Payment extended The JobKeeper Payment…
Read MoreMarket Wrap
The recovery rally marches on Global shares rose 2.3% and fell -1.1% in hedged and unhedged terms, respectively. Emerging markets bounced back strongly (up 3.5%) driven by stronger economic data in China with business surveys such as the Caixin PMI seeing a return to growth continue for Chinese businesses. Australian shares outperformed global shares rising…
Read MoreMarket Wrap
The recovery rally marches on Global shares rose 4.7% and 3.4% in hedged and unhedged terms, respectively. Emerging markets continued to struggle (down -0.6%) with political tension within Hong Kong and heightened US tensions driving Chinese equities lower for the month (China accounts for ~40% of the benchmark index making a major driver). Australian shares…
Read MoreMake technology work for you
Are you a new technology pioneer, or a proud ‘technophobe’? Wherever you sit on the digital spectrum, the transformative power of technology is undeniable. What’s important is how you harness it. From energy to communications, cars to apps and beyond, there are a myriad of ways that technology can help you simplify your life, save…
Read MoreIOOF Community Offer
Leading Advice announces offer of free financial guidance for those facing financial hardship due to COVID-19 Leading Advice is stepping up to support the local community by offering free financial guidance to everyday Australians who have fallen on tough times during the COVID-19 crisis. The offer is part of a nation-wide initiative by one of…
Read MoreFive property investment tips to grow OR start your portfolio
Our guest writer this month is Albert Murphy from Your Property Empire with his 5 tips. Here you will learn five advanced property investment tips and techniques. In fact, these are the same tips I’ve used to grow my portfolio to 9 in a few short years. 1. Get your Property Investment plan Investors that fail to…
Read MoreMarket Wrap
A relief rally for (most) markets Global shares rose 10% and 3.6% in hedged and unhedged terms, respectively. Emerging markets were relative underperformers (up 2%) as their currencies remained under pressure during the month with the Australian dollar appreciating against the Chinese Yuan, Brazilian Real and others. Factors such as sizeable coronavirus outbreaks in emerging…
Read MoreMarket volatility and your portfolio
Take a long-term viewInvestment results tend to vary more widely when you just consider the returns over a period of one year.Ten-year returns are generally much more stable and a lot more predictable as can be seen in the chart below. Impact of reacting to short-term noiseVolatility is part of investing, and whilst we can avoid it,…
Read MoreOvercoming the impact of Coronavirus – An economic perspective
How is world faring against the Coronavirus (a.k.a COVID-19)? Since COVID-19 was first detected in China, transmission across the rest of the world has been substantial, as have been the number of deaths. There have been over 3.5 million confirmed cases and over 247,000 deaths. However overall growth rates have slowed globally. This raises confidence…
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