Tag Archives: Economic Update

The new COVID-19 relief schemes explained

Posted on 01. Sep, 2021 by .

As we navigate more COVID-19 lockdowns across Australia, here’s a guide to the main benefits you may be entitled to from the government, state by state. With new COVID-19 lockdowns, and an increasing number of cases it’s understandable if Aussies are feeling overwhelmed. On top of that, concern about their finances can just add to […]

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Tips for parents who became the bank of mum and dad

Posted on 01. Mar, 2021 by .

Aussie parents have coughed up more than $26 million to help their adult kids since COVID-19 hit our shores – and one in five is at financial risk from doing so. Parents helping their adult kids financially isn’t an unfamiliar concept in this country, but figures reveal mums and dads have forked out approximately $26.8 […]

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Checklist for the end of financial year

Posted on 01. Jul, 2020 by .

The end of financial year on 30 June is a good time to take stock and get your finances in order. This is an end of financial year like no other. Being prepared, reviewing your super contributions and submitting your return on time are good policies every year, but the shadow of COVID-19 (coronavirus) means […]

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What the coronavirus stimulus package means for you and the Australian economy

Posted on 01. May, 2020 by .

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 individuals. The total stimulus announced to date is worth $189 billion, or 10% of the size of the Australian economy, and the government has said more financial support will […]

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How to manage volatility in a low return world

Posted on 02. Mar, 2017 by .

Responding to changing market conditions while keeping abreast of a strategy is a delicate balance. However, it’s an important skill to develop if you wish to successfully invest using a dynamic asset allocation approach. In this article, we discuss how market volatility is different to investment risk, and how you can manage your investments during […]

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Super changes from July 2017

Posted on 01. Feb, 2017 by .

How will they impact you? We cover some of the factors to be aware of given changes have just passed in parliament and are due to become superannuation law. Earlier this year, the Federal Budget announcement included a proposal to introduce changes to super bigger than the likes of anything we’ve seen in almost a […]

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2016 – 17 Federal Budget

Posted on 02. Jun, 2016 by .

4 May 2016 Federal Treasurer Scott Morrison put forward a number of proposed changes, mainly around contributions to superannuation and taxation, in his budget speech. Here’s a brief roundup of what the proposals could mean for you-whether you’re starting out in your career, taking care of family, on the cusp of retirement or enjoying life […]

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A rough start to the year, which could have further to go. Seven reasons not to get too concerned though

Posted on 01. Feb, 2016 by .

Key points > Financial markets have started the year on a rough note as last year’s worries about China and global growth in the face of US monetary tightening continue. > This could drive more short term weakness. However, in the absence of US/global recession, which still seems unlikely, it’s hard to see a GFC […]

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Australia’s growing population. Get ready.

Posted on 23. Jul, 2014 by .

There are 5.2 million boomers in Australia born from 1946 to 1964. This compares with six million generation Xers born between 1965 and 1983. Generation Y, born across the 18 years to 2002, is expected to peak at about 7.4 million next decade.[1] With Australia’s population expected to swell by mid-century and the first wave […]

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HENRY REVIEW!

Posted on 12. May, 2010 by .

After nearly 2 years in the making the Rudd Government delivered its report as prepared by Ken Henry (Treasury) into the reform of the Australian Tax system.

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