Finance
Oliver’s insights – Why super and growth assets like shares really are long term investments
21 August
Key points – While growth assets like shares go through bouts of short-term underperformance versus bonds and cash, they provide superior long-term returns. So, it makes sense that superannuation has a high exposure to them. – The best approach...[Read More]
Rate-cut hopes hit brick wall as RBA cements stance
21 August
Mortgage-holders could be waiting until early 2025 for repayment relief if the economy follows the Reserve Bank of Australia’s expected path. For six meetings in a row, interest rates have been left at 4.35 per cent, a level the central bank says...[Read More]
Long COVID cost economy $9.6b in lost work hours
21 August
More than one million Australians who contracted long COVID at the height of the pandemic cost the national economy almost $10 billion in lost productivity. Academics from the Australian National University (ANU), University of NSW (UNSW) and...[Read More]
Why Time Is Wealth
22 August
If you were to choose between money and time, which option would you go for? For some, the answer is easy: it’s money. The reason, of course, is that people measure one’s level of success and wealth by the size of one’s bank account, number of...[Read More]
Australia, Qatar talk Gaza ceasefire during PM’s visit
21 August
Australia’s foreign minister and Qatar’s prime minister have discussed a ceasefire proposal to end hostilities in Gaza as the humanitarian crisis worsens. Penny Wong hosted Mohammed bin Abdulrahman bin Jassim Al Thani at Parliament House on...[Read More]
Avian flu key focus of new biosecurity hub
21 August
The containment of future avian flu outbreaks will be a priority of a new $30 million biosecurity hub aimed at safeguarding Australian food and farms. The new hub was officially launched on Tuesday in Canberra. The Charles Sturt University backed...[Read More]
Investment markets and key developments – Weekly market update 9/8/24
14 August
Following a bad start to the week on worries about a US recession made worse by investors rushing to unwind risky positions in response including Yen carry trades, shares then clawed back their losses helped by better-than-expected US economic data...[Read More]
Oliver’s insights – Seven key charts for investors to keep an eye on – where are they now?
14 August
Key points – Shares have hit a rough patch since recent highs with concerns about the growth outlook. – We remain upbeat on a 12-month view as falling inflation allows rate cuts and hopefully recession is avoided or is mild. But the risk of a...[Read More]
Did you energise your business? Find out if you can get a bonus tax deduction for the eligible costs you incurred between 1 July 2023 and 30 June 2024.
14 August
Businesses (with an aggregated annual turnover less than $50 million) may be able to access a bonus 20% tax deduction with the small business energy incentive (the incentive). This applies to new assets, or improvements to existing assets,...[Read More]
Beware of economic ‘false prophets’, warns Reserve Bank
14 August
Commentators framing their economic projections as unquestionable and obvious should be treated with caution, says Reserve Bank of Australia’s deputy governor, Andrew Hauser. In a speech to the Economic Society of Australia in Queensland, Mr...[Read More]
‘Fighting for crumbs’ as Australia forgoes wealth taxes
14 August
Australia must overhaul how it taxes capital gains, wealth and inheritance to stem spiralling wealth inequality, according to a new report. The wealth of Australia’s richest 200 people almost tripled as a proportion of national gross domestic...[Read More]
Wages growth past peak and easing incrementally
14 August
Workers in the private sector are still clocking robust pay growth but the pace has been gradually slowing over the past year, reflecting a softening jobs market. The latest Australian Bureau of Statistics figures show average private sector wages...[Read More]
Rich getting richer amid calls to narrow wealth divide
14 August
Ordinary Australians struggle to make ends meet while the richest enjoy billions in untaxed capital gains, a new report claims. The wealth of Australia’s richest 200 people almost tripled as a proportion of national gross domestic product over the...[Read More]
Moderating wage pressures may come as a relief
14 August
Private sector wages are growing at the lowest rate in more than two and a half years as the cooling jobs market tempers pay negotiations. Moderating wage pressures may come as a relief for an RBA preoccupied by persistent inflation and companies...[Read More]
Crafting a Happy Retirement: Personalised Planning and Essential Tips for a Fulfilling Future
15 August
A happy retirement is a deeply personal and varied concept, reflecting the diverse aspirations, values, and lifestyle preferences of individuals. For some, retirement might mean the freedom to travel the world and explore new cultures and...[Read More]