As expected, Labor’s second Budget was filled with measures aimed at easing the cost of living over the coming years, addressing the challenges of a slowing economy, and bolstering the… read more →
As expected, Labor’s first Budget was filled with measures aimed at easing the cost of
living over the coming years, addressing the challenges of a slowing economy, and
introducing investments designed to place Australia in a stronger position for the future.
For superannuation and tax, the announcements were mainly recommitments from
earlier Budgets. This includes the change to the eligibility age for downsizer contributions.
The stage 3 tax cuts for 2024 are also unchanged.
Instead of focusing on super and tax, most of the proposals centred around investing into
key sectors and infrastructure, and providing affordable housing for more Australians
through a new national Housing Accord.
Volatility will persist while the world adjusts to a changing economic and geopolitical order. That could mean a wider range of returns – but not necessarily a poorer real-life outcome if you stick to a robust, diversified strategy that’s attuned to your needs.
Australian election campaigns tend to result in a period of uncertainty which have seen weak gains on average for shares followed by a bounce once it’s out of the way.
The Treasurer has delivered a budget that focuses on key spending measures to drive Australia’s economic recovery in a post-pandemic, natural disaster and conflicted international environment.
It has been a year since the first Covid-19 lockdown where borders were closed and many people were forced to work from home. There was a big drop in share… read more →
The Federal Treasurer Josh Frydenberg has handed down the 2020 Federal Budget. As
widely anticipated the government will bring forward personal income tax cuts already
legislated. A range of taxation benefits for small and medium business have also been
announced. Not much has happened with superannuation though. Here is an overview of the key measures.
Today, (as at midday Friday 20 March), the Australian share market is trading up 4.24%. This is showing that investor confidence has risen in response to global governments and central… read more →
Recent share market volatility can cause worry and fear and it is easy to move to a state of panic and want to try to stop your balance dropping by… read more →