Australia’s economy stubbornly defied predictions during 2023, dashing any hopes that we might begin to return to some kind of normal. Some had expected an end to the Reserve Bank’s continued cash rate rises during the year. Instead, inflation has been a stubborn foe and we saw five rate rises, adding another 1.25%. But there […]
Stay up to date with what’s happened in Australian markets over the past month. Household wealth has grown for the third quarter in a row, rising by 2.6% in the June quarter, pushed up by rising house prices and increases in super balances. Click the video below to view our October update. Please get in […]
Stay up to date with what’s happened in the Australian economy and markets over the past month. In September, persistently high inflation and aggressive rate hikes by the world’s central banks put global share and bond markets under pressure. Sharemarkets globally recorded a volatile month, driven by growing fears of the risk of recession and […]
Stay up to date with what’s happened in the Australian economy and markets over the past month. June was a big month in an eventful year for the local and global economy, with inflation and interest rates continuing to dominate. With inflation sitting at 5.1% in Australia, cost of living pressure is mounting. The Reserve […]
Stay up to date with what’s happened in Australian markets over the past month. The war in Ukraine added a major new source of uncertainty to the local and global economic outlook in March. Inflationary pressure continued as global economies recover from the pandemic and as crude oil prices surged due to economic sanctions against […]
A balancing act Billed as a Budget for families with a focus on relieving short-term cost of living pressures, Treasurer Josh Frydenberg’s fourth Budget also has one eye firmly on the federal election in May. At the same time, the government is relying on rising commodity prices and a forecast lift in wages as unemployment […]
Stay up to date with what’s happened in Australian markets over the past month. January is normally a quiet month on the economic scene, but not this year. Inflation and speculation about rising interest rates dominated the month, sending global shares tumbling. Please get in touch if you’d like assistance with your personal financial situation. […]
Greater flexibility in working arrangements has been a by-product of the pandemic, as working from home has become more widespread. In fact, The Families in Australia Survey: Towards COVID Normal reported in November 2020 that two thirds of Aussies were working from home. While this flexibility has many benefits, it does also bring downsides, such as the […]
Stay up to date with what’s happened in Australian markets over the past month. All eyes were on the September quarter inflation figures in October, as speculation mounted that the Reserve Bank may be forced to raise interest rates sooner than planned. Please get in touch if you’d like assistance with your personal financial situation. […]
When the coronavirus pandemic hit financial markets in March 2020, almost 40 per cent was wiped off the value of shares in less than a month.i Understandably, many investors hit the panic button and switched to cash or withdrew savings from superannuation. With the benefit of hindsight, some people may be regretting acting in haste. Although […]