By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 30 2015 Key points A perfect storm of factors led by China worries have caused turmoil in shares. Our view remains that what we have seen is likely to be a correction (albeit severe) rather than a new bear market. It’s too early to... Read more
Commercial litigation often occurs as a result of common and recurring mistakes that are made during the drafting and negotiation of contracts. Businesses that are conscious of these can significantly reduce their risk of litigation. While a good lawyer should be doing all this for you in the background, as a business owner or manager it is worth understanding the... Read more
Brad Matthews, the Hillross economist, has written an article on the recent falls in Global Markets. As I write markets in Australia have bucked the newspaper headlines this morning and are up nearly 2%. We are certainly in volatile times when good asset allocation is very important.
By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 29 2015 Key points Uncertainties regarding China, commodity prices, emerging countries and the Fed could see the correction in shares go further in the short term. A disappointing start to the Australian profit reporting season is also not helping Australian shares. However, this looks... Read more
By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 28 2015 Key points Over long periods of time shares and other growth assets deliver for investors via the power of compound interest. However, cyclical swings can frequently throw investors off and reacting to periods of poor returns by moving to cash only locks... Read more
Have you recently left Australia to live overseas, or are you planning a move in the future? You will be considered either an Australian resident or non-resident for tax purposes, and this will have a substantial impact on the amount of tax you will pay on both your Australian and overseas-sourced income. Some careful planning prior to leaving Australia will... Read more
By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 27 2015 Key Points As expected the RBA left interest rates on hold. While it’s a close call, chances are that the RBA will cut rates again before year end reflecting the poor business investment outlook, greater than expected weakness in commodity prices, the... Read more
A bias towards investing in local shares and property is common and understandable. Unfortunately for many Australian investors this means missing out on the potential rewards of international investments – healthy returns and risk reduction through diversification of their investments across asset classes. Each asset class usually exhibits different risk and returns to various market cycles and events. In turn... Read more
From 1st July 2015, the first home saver accounts scheme is abolished. All first home saver accounts will be treated like any other account held with a provider. Restrictions on withdrawals will be removed from 1 July 2015. You can withdraw and use the balance of your account however you like from this date. More information available from the ATO... Read more
The lending industry is responding to social changes in property buying. As prices continue to rise, first home-buyers are increasingly looking for novel ways to get started. Lenders have now established a class of home loan specifically for buying a property with friends. The new style of loan enables pooling of money with friends, or family, without the usual shared... Read more