Aussie banks are OK but there’s better value overseas

Aussie banks are OK but there’s better value overseas 04 October 2017 Banks globally are better value than local banks for share market investors but our “big four” still don’t look overvalued, says Shane Oliver, AMP Capital head of Investment Strategy and Chief Economist. “Going forward in an absolute sense the banks look ok. P/Es [price earnings] multiples are a little under the market average multiples in Australia and dividend yields are still good.“There is …

Helping your kids buy a home

Helping your kids buy a home Increasing house prices are good news for property owners but can be a bit of a hurdle for people trying to get into the market. If, like many of our clients, your goal is to help your children buy a home, there are a few ways you can help. Perhaps some of the tips below might give you an idea or two to discuss with your adviser. 1. Start …

Passive Investments Have Rewards and Risks Alike

07 September 2017 Passive Investments Have Rewards and Risks Alike Passive investments such as index funds and exchange traded funds (ETFs) provide cheap access to global stockmarkets, but AMP Capital’s Head of Investment Strategy and Chief Economist, Shane Oliver, says they create risks of their own. “Yes there is a positive to passive investing, it gives you the underlying exposure and the fees are low,” Oliver says, adding that “a lot of effort goes into …

Cryptocurrencies – Caution Needed

07 September 2017 Cryptocurrencies – Caution Needed Cryptocurrencies are generating a lot of interest from investors – helped in part by a near 2000 percent in the value of market leader – Bitcoin, but AMP Capital’s Shane Oliver is sitting on the fence.“No matter how many times its explained to me how it works I still struggle to completely understand it,” says Oliver, AMP Capital Head of Investment Strategy and Chief Economist. “One thing I …

Millions but not all to benefit from 2017 super changes

Millions but not all to benefit from 2017 super changes With changes to super now in effect, numerous Australians will get a leg up, many being low-income earners. According to the Association of Superannuation Funds of Australia (ASFA), more than four million Australians will benefit from the super changes that came into effect on 1 July 2017.i The industry body said while many would be impacted by new rules and restrictions, millions would benefit from …

Why Wo/ Man and machine is the future of finance

Why Wo/ Man and machine is the future of finance Dr Bernard Meyerson, IBM’s chief innovation officer, was in the room in 2011 when his company’s powerful artificial intelligence (AI) computer, Watson, famously won Jeopardy, defeating the game show’s two most successful contestants. “There was an incredible euphoria,” Meyerson said in a presentation at AMP’s recent Amplify program. “Watching the system do that was mind blowing.” Watson’s historic win was victory of “machine” over “man”, …

Finding the winners from new technology

16 August 2017 Finding the winners from new technology A revolution happening in the energy industry and there will be winners (and losers). That’s the word according to AMP Capital Head of Investment Strategy and Chief Economist Shane Oliver. “The massive reduction in the cost of generating sustainable energy, together with energy that can be stored in batteries as battery technology evolves… is revolutionising things,” says Oliver. The rise and rise of sustainable energy sources …

What to do when you come into money

What to do when you come into money Whether you’re faced with an inheritance, redundancy package or winning lottery ticket, it’s wise to consider your financial situation and future goals. For most of us, a financial windfall isn’t something that comes around very often. And while the extra cash is welcome, money matters may be the last thing on your mind if you’re also dealing with the emotions of losing a loved one or being …

How to make the most of investment and economic research

16 August 2017 How to make the most of investment and economic research In a world where people can be bombarded with information, AMP Capital Head of Investment Strategy and Chief Economist Shane Oliver recommends taking a strategic approach to investing. “If you are to be a successful investor you have to have an investment process,” says Oliver. The trick, he says, is cutting out the noise and sticking to the fundamentals. AMP Capital’s approach …

Six traits of Australians living the dream

Six traits of Australians living the dream Almost one in four Australians (23%) believe they are definitely or mostly ‘living the dream’, according to recent research from the Financial Planning Association.iHere are six traits that have helped them to achieve their dreams. 1. Strong personal habits Australians living the dream are family oriented, spending more quality time with their family during the week than the average Australian. And they’re five times more likely to meditate …