Many parents and grandparents worry about how to help the children in their lives achieve financial independence. But the value of long-term investment can seem like a dry and complicated idea for kids to get their heads around. In fact, many young people would like to know more about money, according to a Young People … Read more
You don’t have to pay yourself super, but when you retire, you might be glad you did. You can make regular or lump sum payments, can usually claim a tax deduction on contributions, and may be able to save tax. Why pay yourself super There are advantages to contributing to super, depending on the type of … Read more
Fixed rate terms last for a set period of time that is prearranged between you and your lender. Fixed rate periods last between one and five years. When your fixed rate term ends, your loan will usually revert automatically to the standard variable interest rate unless you have provided instructions to refix your loan. As … Read more
Here are five reasons why the RBA was right to slowdown and the top is near Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Introduction The RBA has increased its cash rate again but slowed the pace to +0.25% which took the cash rate to 2.6%. This was in line … Read more
Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital “Productivity isn’t everything, but, in the long run, it is almost everything”. Paul Krugman Introduction A hot topic in recent years in Australia amongst economists and policy makers has been the slowdown in productivity growth. This matters because as Paul Krugman points … Read more
Expect a rough ride, but better returns Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital 2022 – from Covid to inflation & surging interest rates The good news is that 2022 finally saw the world shake off the grip of Coronavirus as it transitioned from a pandemic to endemic (albeit … Read more
Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital The slump in home prices continues After surging by 28.6% from their pandemic lows early this year to record highs on the back of record low interest rates, home prices are continuing to plunge on the back of the fastest surge in … Read more
Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Introduction Successful investing can be really hard in times like the present. Falls in share markets and other assets are stressful as no one likes to see their wealth decline and the natural inclination is to retreat to safety. From their highs … Read more
Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Introduction Shares remain vulnerable in the short term. They had a nice rebound from their June lows into their mid-August highs recovering just over half of their earlier decline (which was -24% for US shares and -16% for Australian shares) helped by … Read more
Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Introduction Investors could be forgiven for looking back on the pandemic years of 2020 and 2021 with fond memories – because after the initial shock in February-March 2020 it was a period of strong returns and relative calm in investment markets. This … Read more
Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Key points Australian home prices fell another 1.6% in August and are now down by 3.5% from their high. Rising mortgage rates are the main driver and there is likely more to go. We continue to expect a 15-20% top to bottom … Read more
– why investors need to be aware of the psychology of investing Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Introduction Up until the 1980s the dominant theory was that financial markets were efficient – in other words all relevant information was reflected in asset prices in a rational manner. … Read more
