At a meeting on Wednesday, the Reserve Bank Board agreed to the following comprehensive package to support the Australian economy through this challenging period:
At a meeting on Wednesday, the Reserve Bank Board agreed to the following comprehensive package to support the Australian economy through this challenging period:
The Australian Government has just released a $17.6 billion economic stimulus package. The package has been marketed as a measure to protect the economy by maintaining confidence, supporting investment and keeping people in their jobs.
At its meeting today, the Board of the Reserve Bank of Australia decided to lower the cash rate by 25 basis points to 0.50 per cent.
Recently there have been renewed concerns over the Wuhan coronavirus outbreak (Covid-19) expanding globally, with investment markets reacting to the possible impacts to economic activity. Here we share some comparisons with previous outbreaks, and some views on the potential investment impacts.
At its meeting today, the Board decided to leave the cash rate unchanged at 0.75 per cent.
The calendar year 2019 proved to be a fantastic one for investors, with strong returns delivered across local and international share markets, as well as property and infrastructure. This was in spite of the perceived risks and modest economic growth.
Most adult Australians would have at least a vague awareness of 2018’s Financial Services Royal Commission, and the extensive recommendations for change in the financial advice sector.
However, the number of Australians working actively with a Financial Planner to improve their financial position and achieve their financial goals has always been quite low, in spite of evidence showing the positive effects of seeking advice. Here we outline some of the key reasons why clients engage a Financial Planner.
The impact of the staggering Australian bushfires has devastated communities across Australia, and our thoughts are with all who have been affected. The loss of lives, homes, fauna and habitat is unprecedented. At the same time, the generosity of volunteers, and support from individuals and organisations both locally and internationally has been heart-warming.
There’s a common view that as you approach retirement you should tilt your investment portfolio towards more conservative investments. This means favouring things like term deposits, annuities and cash management trusts while reducing exposure to more volatile assets such as shares and property. The thinking is that preservation of capital is key, as without an earned income it is hard to recover from any downturns in the share or property markets.
The dawn of a new year sees many people setting new year’s resolutions such as losing some weight or giving up smoking.
Similarly, the beginning of a new year is the ideal time for setting financial goals, and here are four practical ways you can kick your year off to a great start.
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