Downsizing should be a choice, not a wealth strategy

Published: February 19, 2018

Downsizing to a coastal town or regional hub can hold lifestyle appeal, but don't bank on it as a strategy to fund your retirement. For many empty nesters, who may not have had the benefit of employer-paid super throughout their working life, the value of the family home can be seen as the jewel in […]

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Australian’s love affair with debt – how big is the risk?

Published: February 15, 2018

Introduction If Australia has an Achille’s heal it’s the high and still rising level of household debt that has gone hand in hand with the surge in house prices relative to incomes. Whereas several comparable countries have seen their household debt to income ratios pull back a bit since the Global Financial Crisis (GFC), this […]

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The problem with the active vs passive debate

Published: February 14, 2018

How did we find ourselves here?  It’s a question I ask myself whenever I come across an article or when I’m drawn into a discussion comparing index fund returns with the after-tax returns of active fund managers. And I’m asking it a lot lately.  As head of AMP Capital’s Multi Asset Group, the debate is […]

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The pullback in shares – seven reasons not to be too concerned

Published: February 9, 2018

The pullback in shares seen over the last week or two has seen much coverage and generated much concern. This is understandable given the rapid falls in share markets seen on some days. From their highs to their recent lows, US and Japanese shares have fallen 10%, Eurozone shares have fallen 8%, Chinese shares have […]

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Monetary Policy Decision – Statement by Philip Lowe, RBA Governor, February 2018

Published: February 6, 2018

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. There was a broad-based pick-up in the global economy in 2017. A number of advanced economies are growing at an above-trend rate and unemployment rates are low. Growth has also picked up in the Asian economies, partly supported by increased […]

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Love and money? It’s not about control

Published: February 5, 2018

With Valentine's Day around the corner, it's a good time to explore shared ideas, and how you manage money as a twosome. Our approach to managing household finances can make a big difference to the health of a relationship. Thankfully, the old line about “I earn the money. She spends it” no longer has relevance […]

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Correction time for shares?

Published: February 5, 2018

2017 was unusual for US shares. While Japanese, European and Australian shares had decent corrections throughout the year of around 5 to 7%, the US share market as measured by the S&P 500 saw only very mild pullbacks of less than 3%. This was against the backdrop of a strongly rising trend thanks to very […]

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What is the retirement age in Australia?

Published: January 31, 2018

With no definitive retirement age in Australia, the date you exit the workforce will probably come down to personal circumstances and whether you can afford it. The age you retire in Australia isn’t set in stone. You can really retire whenever you want to, but health, financial commitments and your ability to fund the lifestyle […]

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7 healthy habits that could improve your bank balance this year

Published: January 31, 2018

  See how you could benefit your body, while upping the change in your back pocket at the same time. For many of us, the new year often begins with good intentions and a handful of new year resolutions, which may or may not begin right on 1 January. You might be working toward the day […]

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