Finance
Oliver’s insights – The RBA leaves rates on hold – have we finally reached the top?
7 December
Key points – At its December meeting the RBA left rates on hold but retained a tightening bias with still relatively hawkish commentary. – Our concern remains that the RBA has tightened more than necessary with a high risk of recession next...[Read More]
Common Investment Pitfalls to Avoid
7 December
Investing, a realm filled with potential opportunities and pitfalls, demands careful consideration to navigate successfully. Each misstep along the way can serve as a valuable lesson, contributing to a more refined and robust investment strategy....[Read More]
Tried-and-Tested Tax Planning Strategies for Small Businesses
7 December
Every dollar counts in business, especially for small enterprises. Therefore, you need to find ways to minimise your tax liability in addition to optimising income or profit. With a small business tax planning strategy, you can increase profits...[Read More]
5 Tips to Save Money This Christmas
7 December
Christmas always brings with it a certain warmth and cheer, and yet these days, a lot of people are feeling the pinch financially. As Christmas approaches, people consider all the items they need to buy for friends and family. Because of the current...[Read More]
RBA gift wraps end-of-year rate relief for borrowers
6 December
Australian mortgage holders have been gifted an early Christmas present as the Reserve Bank chooses to leave interest rates untouched. The board has decided to leave the cash rate at 4.35 per cent at the December meeting in a move most forecasters...[Read More]
Investment markets and key developments – Weekly market update 1/12
6 December
Most major share markets were further boosted over the last week by more good news on inflation reinforcing confidence that global interest rates have peaked. For the week US shares rose 0.8% and Eurozone shares rose 1.2%, but Japanese shares fell...[Read More]
Superannuation access for retirees goes under spotlight
6 December
Australians are being asked to have their say on the superannuation and retirement income system, as the federal government considers ways to reform the compulsory savings regime. Treasurer Jim Chalmers has released a discussion paper and is seeking...[Read More]
Taxpayers to stop funding global fossil fuel projects
6 December
Australian taxpayer dollars will no longer fund international fossil fuel projects, after the government signed on to a global shift towards renewable energy. The government signed on to the Glasgow Statement at the United Nations climate change...[Read More]
Economy weakens as households stretched thin
6 December
Australia’s economy hit a wall in the September quarter, recording weaker-than-expected quarterly growth and sinking deeper into a per capita recession. The 0.2 per cent lift in economic output in the three months to September marked a slowdown...[Read More]
Australia’s economy expands 0.2pct in September quarter
6 December
Australia’s quarterly growth has slowed to 0.2 per cent in September from 0.4 per cent in the three months to June. A stronger 0.5 per cent quarterly expansion was pencilled in by economists ahead of the Australian Bureau of Statistics’...[Read More]
Ham over fist, supermarkets face a grilling over prices
6 December
Supermarkets are being urged to get into the Christmas spirit and help struggling families by placing a freeze on the price of ham. Agriculture Minister Murray Watt put Coles and Woolworths on notice as they buckle up for a parliamentary inquiry...[Read More]
UK central banker nabbed to take over as RBA deputy
30 November
A top central banker from the United Kingdom will take on the deputy governor job at the Reserve Bank of Australia, bringing experience and a fresh perspective to the task. Andrew Hauser has spent more than 30 years at the Bank of England, the...[Read More]
Why Financial Security is Paramount for a Satisfying Retirement
30 November
Retirement is often idealised as a carefree chapter in life, where one can indulge in long-postponed hobbies, travel, and quality time with loved ones. However, the idyllic vision of retirement is predicated on a foundation of financial stability....[Read More]
Oliver’s insights – Five reasons to expect the $A to rise – providing recession is avoided
29 November
Key points – Since its February 2021 high of nearly $US0.80 the $A has fallen on the back of worries about the global growth outlook, worries about China, the strong $US and relatively less aggressive monetary tightening by the RBA. – However,...[Read More]
20 investment mistakes to be aware of
30 November
Investment, a field where even the most astute can stumble, is rife with potential missteps. However, these errors often serve as valuable learning experiences, offering insights for crafting more robust investment strategies. 20 investment mistakes...[Read More]