In this edition, we look at the typical stages of a “bear’ stockmarket, as a guide to how the one that we currently face could play out! However, we recognise that while nobody can accurately predict the timing of a future recovery, it will eventually happen and so opportunities will present themselves to investors.
The information below is a guide to concessions made available by the Federal government to small and medium size businesses in response to the impact of the coronavirus. However, affected business owners should seek independent advice from their tax adviser and consult with their bank and/or the Australian Tax Office before taking action. Instant asset […]
Issued by AMP Life Limited in March 2020 What it means for individuals, retirees and the Australian economy Here we explain some of the benefits you may be eligible for. With the COVID-19 coronavirus crippling the Australian economy and affecting livelihoods, the Australian Federal Government has announced a range of measures to support both businesses and […]
In this edition, we discuss the likely consequences of the recent corrections in sharemarkets and the oil market. While the timing of a recovery is impossible to predict, we expect some very good opportunities to present over the coming months for long term investors.
In our January 2020 Video Update, I discuss the types of investments that can be incorporated into an investment portfolio to generate a higher level of income. However, given the record low interest rates on offer around the world, many conservative investors are accepting a much higher level of risk (and complexity) when selecting substitutes […]
Individuals aged 65 years or over are now able to contribute up to $300,000 (per person) to superannuation from the proceeds of selling their main residence. These ‘downsizer contributions’ can be made regardless of other restrictions and caps that apply to voluntary super contributions (eg age, meeting the work test or the total super balance […]
The federal government offers support programs for older people that need assistance to remain in their own home and live independently. Two such programs are: Commonwealth home Support Program This program provides “entry level” support, mainly for people age 65 or older or age 50 or older with a low income. Recipients are assessed before […]
Confusion in Investment Markets Today, the Reserve Bank of Australia elected to hold the official cash rate at 1%. However, a further cut in interest rates remains a possibility before the end of 2019. We now live in a world of record low interest rates, low inflation and slower economic growth. Consumer spending is weak, […]