Helping Australian women to close the gap

Helping Australian women to close the gap The latest Financy Women’s Index scorecard shows progress in some areas but a persistent gender gap in others. “Such is life without a wife.” These are the words of my grandmother—the ones that too often remind me that for her, achieving financial security as a young woman was primarily about finding a husband, and less about having a career. Today, I am thankful for the ways the world …

Weekly Market Update 05 April 2019

Weekly Market Update 05 April 2019 Investment markets and key developments over the past week Share markets pushed higher over the last week helped by more “green shoots” pointing to improving global growth this year, including Chinese business conditions PMIs & the US ISM index and a stabilisation in Eurozone composite PMIs, and more indications that the US and China are getting closer to a deal on trade (albeit with issues around enforcement and the …

Weekly Market Update 29 March 2019

Weekly Market Update 29 March 2019 Investment markets and key developments over the past week Share markets were mixed over the last week as global growth worries continue to impact. US and Eurozone shares rose a bit, but Japanese and Chinese shares fell in lagged response to the previous week’s falls in the US and Europe. Australian shares were little changed. Bond yields generally continued to drift lower, commodity prices were mixed with oil and copper …

10 money conversations to have when your relationship heats up

10 money conversations to have when your relationship heats up It’s probably not the sexiest thing the two of you have on the to-do list but putting off talking about your financial expectations could see you butting heads. If you have been together for a while or are edging on making a big financial decision together, having the money talk could make a big difference to whether you go the distance. Here is a list …

Weekly Market Update 22 March 2019

Weekly Market Update 22 March 2019 Investment markets and key developments over the past week While Eurozone shares fell slightly, other major share markets rose over the last week helped by Fed dovishness. From their December low US shares are now up 21%, global shares are up 18% and Australian shares are up 14%. The underperformance of Australian shares in the rebound since December reflects the fact that they didn’t fall as much in last year’s …

Federal budget to deliver good news

Federal budget to deliver good news The Federal budget is creeping up on us even more quickly than usual this year. The Government has brought forward the budget to April 2 to make way for the Federal election, which will most likely be held in May. So it will be similar to what we saw in 2016 when the Government had a budget, then a short time later announced the Federal election. The outlook This …

Recession risks revealed

Recession risks revealed There’s been a lot of talk about a slowdown in Australia, including talk of a recession. That talk intensified this week after December quarter gross domestic product (GDP) figures showed growth remained very weak in the December quarter. The December quarter figures show GDP grew just 0.2 per cent and dragging annual growth in 2018 down to 2.3 per cent. Those numbers were below market expectations and below the Reserve Bank of …

‘Millennial socialism’ & the swing of the political pendulum back to the left

‘Millennial socialism’ & the swing of the political pendulum back to the left – what it means for investors Key points CGrowing support for higher taxes on the rich and greater government intervention in the economy suggest median voters have shifted to the left. Support for economic rationalist policies has fallen.   The risk is that the shift away from economic rationalist policies to greater intervention will contribute to constrained medium-term investment returns.   Introduction …

How to avoid a travel debt hangover

How to avoid a travel debt hangover You don’t want to arrive home with a spring in your step and a hole in your wallet. Here are some ways to budget for your holiday. We’ve all had the feeling. You step off the plane from Bangkok still buzzing, images from your holiday flitting through your mind—the Parthenon, Big Ben, the Eiffel Tower. What a trip…you’re not going to kiss the tarmac or anything but it’s …

Weekly Market Update 15 March 2019

Weekly Market Update 15 March 2019 Investment markets and key developments over the past week Global share markets rose over the last week helped by benign economic data.Australian shares slipped though with consumer and financial shares down on worries about the economy. Bond yields were flat to up globally but fell in Australia with the 10-year bond yield falling back below 2% for the first time since 2016 as weakening economic data adds to expectations …