If you look around the world we face unprecedented risks. The Trump Presidency, North Korea’s nuclear ambitions, rising interest rates, and fully valued markets are all spot fires that could engulf portfolios.
These risks can seriously dent investor’s and client’s life savings, and damage their ability to reach important financial goals. The stakes are high.
Mining and mining services companies are entering a new paradigm; propelled by advancing technology and artificial intelligence, the segment’s “path to payback” for some of its main capital expenditures is being cut in half in some cases, according to Dermot Ryan, AMP Capital’s Multi Asset Group, direct equities, portfolio manager.
Note: Changes to the Age Pension assets test are now law, and took effect from 1 January 2017. The successful passage through parliament was due to the Greens supporting the changes announced by the Coalition government in the 2015 federal budget. Although the ALP opposed the changes when the laws went through parliament, the ALP has stated it will not reverse these changes, due to budgetary constraints. Since 1 January 2017 however, the ALP has publicly stated it may review the Age Pension changes. Continue reading to discover the new thresholds, and to find out how the stricter Age Pension assets test will affect you..
We interviewed Dr Shane Oliver, AMP Capital’s Head of Investment Strategy and Economics and Chief Economist, to see what lies ahead for spring of 2017.
As Warren Buffett once said: “There seems to be a perverse human characteristic that makes easy things difficult.” This has particularly been the case with investing where complexity has multiplied with new products, new ways to access various investments, tax changes and new regulations, all with social media adding to the noise. But it’s really quite simple and this can be demonstrated in charts. This note continues our series that began with “Five great charts on investing”, which can be found here and looks at another five great charts – well, one is actually a table – on investing.
If you can make your money go the distance, pay day can be a wonderful thing. However, if it means that 48 hours from now you’re likely to be scrounging for shrapnel wondering how you’re going to pay bills and eat for the next fortnight – you might want to rethink how you’re managing your cash.
Growth bounces back (again)
After another (weather related) soft patch in the March quarter, Australian economic growth bounced back in the June quarter with quarterly growth of 0.8%, up from 0.3%. However, annual growth is still subdued at 1.8% year on year, which is well below potential of around 2.75%. In the quarter, growth was helped by a pick-up in consumer spending and business investment, strong public investment and a contribution from net exports after a detraction in the March quarter.
ASFA Retirement Standard
The ASFA Retirement Standard benchmarks the annual budget needed by Australians to fund either a comfortable or modest standard of living in the post-work years. It is updated quarterly to reflect inflation, and provides detailed budgets of what singles and couples would need to spend to support their chosen lifestyle.
Which are the best countries inthe world to grow old in
Pensions and healthcare benefits vary widely across the globe as do people’s perception of their happiness
When Would I Refinance My Mortgage
Heard about mortgage refinancing? In the past, most people who took out a mortgage doggedly continued with it until they had paid it off. These days, people refinance their mortgage much more frequently. The average duration of a home loan in Australia now is just 4-5 years. Here we look at some of the reasons people in Australia refinance their home loan.
Your 5-point action plan when faced with redundancy
Over a 12-month period, approximately two million Australians left their job and of those nearly one in five were made redundant
Super is super for young people
ASFA CEO Dr Martin Fahy and young Australians discuss super – why it’s the best bet for saving for retirement.
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Research by ASFA has found that young Australians aged under 30 years tend to have more money in their superannuation accounts than their bank balances, yet 40 per cent of young people have no idea what their super balance is and a further 16 per cent only have a vague idea.