Market Update: Russia invades Ukraine
Article by AllianceBernstein What has happened? After months of mounting tensions, Russia attacked Ukraine on Thursday, February 24, with widespread fighting throughout the country. The conflict is a serious escalation in a region that’s been a hotspot for tensions between Russia and the West for years, adding uncertainty to the global economic outlook. Many financial…
Read MoreMarket Update: Russia-Ukraine Tensions
Invasion Threat Roils Markets Article by MFS Investment Management The breakout of a severe geopolitical crisis following Russia’s invasion of Ukraine has significantly increased major uncertainty in global markets. While accurately predicting geopolitics is an impossible task, the purpose of this note is to articulate our views on the potential impact of the crisis on…
Read MoreNew round of government supports announced for small business
Some have said that ‘living with COVID’ has been worse for business than lockdowns. Thankfully, those worst affected over the summer period are now able to access the NSW government’s 2022 Small Business Support Program as well as extended financial relief programs. Here’s the what and how… The 2022 Small Business Support Program is for…
Read MoreBusiness insolvencies set to rise in 2022
Credit reporting company, CreditorWatch, has released its report on business activity through January. The latest results indicate that the Australian economy is likely to recover at a slower pace than desired, with a follow-on effect of more insolvencies. Here’s what to look out for and the proactive steps to take if your business is feeling…
Read MoreWhy everyone is in a tizz about jobs
The ‘Great Resignation’, or the ‘Great Talent Migration’ is predicted to hit Australian businesses in March of this year. Indeed, a recent study by PWC of 1800 Australian businesses revealed that 38% of employees planned to leave their employer in the next year. So how can you keep your great talent inhouse? Businesses big and…
Read MoreHow your age will influence the contents of your Financial Plan
While we firmly believe that there is no age cap on wealth, life stages inevitably impact a person’s financial position. There is a series of common financial milestones through an average lifespan, including positive wealth building opportunities, as well as some of the more unpleasant and expensive realities of life. We’ve mapped them out, and…
Read MoreBusiness steps to keep people safe and doors open
When restrictions eased in October 2021, hopes were as high as the vaccination rates. We were ready to ‘learn to live with COVID’. Then Omicron ripped through families, communities and businesses, challenging safety, staff and supply. How can a small business owner compete with Omicron in order to protect staff and consumers, and continue to…
Read MoreBusiness owners talk: “we’re stressed by cashflow”
A survey conducted by Business NSW of more than 2000 businesses has shown that business confidence is low, and almost half are in major cashflow stress. The businesses were from a variety of industries, and across both metropolitan and regional NSW. Caused by the rollercoaster of mandated and shadow lockdowns, a fluctuation of restrictions and…
Read MoreHow to grow your financial value in 2022
We love the swell of self-motivation and positivity that often comes with a new year. If managing your money in 2022 is one of your goals, you’ll be pleased to know is not very difficult to increase your value. Here are some simple steps to get ahead… Look back Log in to your online banking…
Read MoreSuperannuation: changes and politics
With a Federal Election due to take place around March of this year, we can expect that superannuation will be a stormy topic between the two major parties. There are some important changes scheduled this year. Here’s what it means for you… Superannuation Guarantee The superannuation guarantee is legislated to increase to 10.5% from 1…
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