Home equity – the $500 billion resource for seniors

Published: June 14, 2017

Reverse mortgages are an option for asset-rich, cash-poor seniors to boost their cash flow in retirement, but there are downsides. The latest round of figures showing rising home values in almost all our state capitals highlights how many Australian retirees could have a valuable resource at their fingertips. Older Australians, who may not have enjoyed […]

Read more

The Australian economy hits another rough patch – implications for investors

Published: June 14, 2017

Growth slows again Despite numerous forecasts for an “unavoidable” recession following the end of the mining boom early this decade, the Australian economy has continued to defy the doomsters and keep growing. However, recently it seems to have hit a bit of a rough patch. After contracting in the September quarter, the economy bounced back […]

Read more

Investing internationally now cheaper and easier

Published: June 13, 2017

Australians are keen investors with over 11 million of us holding investments outside of super. That’s great news! What we’re not so good at is spreading our money across different assets, and four out of ten investors admit they don’t have a diversified portfolio. In particular, we tend to focus on local investments yet there’s […]

Read more

It pays to contribute to your partner’s super

Published: June 9, 2017

If your spouse (husband, wife, de facto or same-sex partner) is a low-income earner or not working at the moment, chances are they’re accumulating little or no super at all to fund their retirement. The good news is, if you help by contributing some of your own money to their super, you could be eligible […]

Read more

Keep your personal financial details private

Published: June 7, 2017

Truly, I despair. Despite all the publicity about internet scams, I nearly fell over when I read this week that “123456” is still the most popular password. Why not just put your money in a brown paper bag at the front door with “take me” written on it? We are increasingly managing our money online, […]

Read more

June 2017 Statement by Philip Lowe, Governor: Monetary Policy Decision

Published: June 6, 2017

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The broad-based pick-up in the global economy is continuing. Labour markets have tightened further in many countries and forecasts for global growth have been revised up since last year. Above-trend growth is expected in a number of advanced […]

Read more

Is a family guarantee right for you?

Published: June 5, 2017

Entering the property market is no easy feat for a first homebuyer, but even parents who aren’t prepared to hand over cash for a deposit may help by being a guarantor on a loan. Before taking the plunge however, it’s crucial to be aware of the implications involved.  Here are three questions to ask yourself […]

Read more

A realty check for accessing super early

Published: June 2, 2017

When it comes to the basics of life the issue of finding shelter – putting a roof over one's head – ranks high on most people's list. So as the dream of home ownership continues to recede further into the financial distance for younger Australians in our major cities it is not surprising that the […]

Read more

What does the Budget mean for your investments?

Published: May 31, 2017

We spoke to some of our investment professionals to get their views on how the Federal Budget has impacted their respective asset classes. John Julian, Investment Director – Direct InfrastructureShift in approach to funding infrastructure projects Michael Kingcott, Head of Property Investment StrategyTackling softness and a lack of investment Andrew Scott, Senior Portfolio Manager – […]

Read more

The perils of forecasting and the need for a disciplined investment process

Published: May 31, 2017

I am regularly called on to provide forecasts for economic and investment variables like growth, interest rates, currencies and the share market. These usually come in the form of point forecasts as to where the variable that is being forecast will be in, say, a year’s time or its rate of return. Such point forecasts […]

Read more