Wealth
Economic outlook: consumer position, cost of living, property and investment
Australian businesses are having a tough time. Australian consumers however, have money in their pocket. Here are some statistics from the Australia Bureau of Statistics June report. Slower consumer spending over the last two years means Australians have saved quite a bit of money, and their spending grew the Australian economy by 0.8% during the March…
Read MoreMarket Update: May 2022
Article by Matt Sherwood, Head of Investment Strategy, Multi Asset @ Perpetual
Read MoreMarket Update: Recession risk and the audacity of hope
Article by Matt Sherwood, Head of Investment Strategy, Multi Asset @ Perpetual
Read MoreAdviceCo acquires Sphere Wealth & Protect
AdviceCo is excited to announce the successful acquisition of Killarney Vale based Financial Planning firm, Sphere Wealth & Protect!
Read MoreMarket Update: May 2022
Article by David Evers It is times like this that the importance of quality advice really comes to the surface. When it was appearing that we were coming to an end of the worst period of the pandemic’s economic challenges, circumstances changed again. Now, thanks to a combination of Putin’s war in Ukraine, rising inflation,…
Read MoreMarket Update: Powell seeks ‘immaculate disinflation’; one that rids the US of inflation without shedding jobs
His problem? Monetary policy is ill-suited to fight inflation arising from supply constraints. Article by Magellan Federal Reserve Chair Jerome Powell appeared on March 3 before the Senate Banking Committee and vowed the US central bank would quell inflation running at four-decade highs. “We are going to use our tools,” he said. Then came a…
Read MoreMarket Update: Breaking point
Article by BetaShares Exchange Traded Funds Global Markets Mixed earnings reports, hot U.S. wage and price inflation, and the prospect of an aggressive U.S. Fed rate hike conspired to send global equities lower again last week. Of course, we can add to this worrying mix, renewed concerns over China’s economy due its harsh lockdowns and…
Read MoreCost of Living stress
The cost of living is worrying Australians. Consumers have been spooked in recent weeks by eye-watering petrol prices and grocery costs. The Central Coast has the added pressure of rising council rates and property/rental prices to boot. Nervousness remains, with the war in Ukraine set to continue to disrupt oil supply and the cost of…
Read MoreHow much superannuation should you have at your age?
Recent figures by the Association of Superannuation Funds of Australia (ASFA) show how much people of various ages actually have in super, versus how much they’ll need in retirement. They are two very different numbers that highlight the need for Australians of all ages to engage in their super to make sure they will have…
Read MoreSafe as Houses? The Sequel
Article by AllianceBernstein In our 2017 article “ Safe as Houses? Don’t Bet on it.” we argued that Australian house prices can and do fall. With the Westpac-Institute of Melbourne Time-to-Buy a dwelling index at lows not seen since the GFC, it’s a good time to revisit that analysis. House prices up 20 to 30% in…
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