By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 8 2014 Key points While headline news regarding the economy has been bleak, December quarter GDP showed the economy is not collapsing and lower interest rates & the lower $A do seem to be boosting forward indicators for the economy. As a result growth... Read more
By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 7 2014 Key points The US economy is yet again reinventing itself. This has been helped along by a determination to get the US economy moving again after the global financial crisis but the real drivers are an energy boom, a manufacturing renaissance and... Read more
By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 6 2014 Key points Chinese debt levels are rising too fast and the growth of its shadow banking sector poses risks. However, providing the authorities continue to gradually try and slow both down the risks should be manageable. Chinese growth looks like coming in... Read more
By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 5 2014 Key points For periods of time it may pay to back the crowd in investing, eg, when a bull or bear market is developing. But at extremes the crowd is invariably wrong. Eventually everyone who wants to buy will have done so... Read more
At its meeting today the Reserve Bank Board announced interest rates would remain unchanged at the record low level of 2.5%. The last rate cut took place in August 2013. In their statement, the Board said “monetary policy is appropriately configured to foster sustainable growth in demand and inflation outcomes consistent with the target. On present indications, the most prudent... Read more
Do you have a Capital Gains Tax issue? Most commonly, a significant capital gain arises if you sell a high value investment property, or your business is acquired, sold or floated. If you don’t have any capital losses to offset your gain it can be disheartening to hand over hundreds of thousands of dollars to the tax man. Consider a... Read more
Choices for end-of-life medical treatment. This is an uncomfortable topic, but nonetheless important for you and your loved ones to consider. We are all living longer, and the wonders of medicine are ever increasing. But at some point, we will find ourselves moving towards the end of our life. A “living will” or advance care directive enables you to state... Read more
Money Magazine recently asked Edney Ryan Wealth Management’s Brendon Vade to contribute to their magazine. Believe it or not, 20-30 year olds should be thinking about superannuation and their retirement planning. Read Brendon’s tips in the October issue of Money Magazine.
It is becoming increasingly popular to borrow to invest in real estate through a self-managed super fund. There are many clients for whom this strategy is beneficial, as long as the financial plan addresses the limitations of this approach. Understand the restrictions: You’ll need to be very well read or well advised to ensure that you follow the strict rules... Read more
Executing a Will Can Be Personally Taxing If you have been named as an Executor in a Will, following a person’s death there are legal procedures that must be followed. This is a serious task with considerable responsibility, and you can be held personally liable for incorrect administration of the estate. In almost all cases, consulting with a lawyer would... Read more