Australian Housing Downturn: How Bad?

Australian Housing Downturn: How Bad?

The housing cycle and house prices always incite high interest in Australia. Until recently it was all about surging prices and poor affordability – particularly in Sydney and Melbourne. Over the last year it’s turned into how far prices will fall and what’s the impact on the economy….

Spend Less: 7 Mind Hacks

Spend Less: 7 Mind Hacks

When it comes to spending money, your brain has a whole A to Z of biases steering you towards splashing out instead of sticking to your budget. Find out how these mind habits work and learn hacks to help you get the better of them…

Outlook for 2019...

Outlook for 2019...

In this update, AMP’s Chief Economist, Shane Oliver, looks at what went wrong in 2018 (and its lessons), along with views of where 2019 is likely to go, and what to look out for. A straight forward, point by point report well worth a read…

Will history be on our side in 2019?

Will history be on our side in 2019?

The All Ordinaries Index finished 2018 down 6.7%, the first negative year since 2011. Over the last 40 years the sharemarket has produced negative returns 8 times, and on 7 occasions markets rebounded the following year. Is history on our side in 2019?

The Fed & Market Turmoil...

The Fed & Market Turmoil...

Three years after it first started raising interest rates in this cycle the Fed has increased rates for the ninth time, raising the Fed Funds rate another 0.25% to a target range of 2.25-2.5%. While this was largely anticipated by markets, the Fed was less dovish than expected and so shares sold off in response. That said it does appear that the Fed has got to a point where it can now pause or at least raise rates more slowly…

Caring for our elders at Christmas

Caring for our elders at Christmas

We can all feel the pressure on our household budget during the festive season. But when that pressure gets passed on to older family members as a request for a handout or loan, financial abuse can end up being the outcome. Find out more about elder financial abuse, what to watch out for and what to do about it…

What happened??

What happened??

Local share markets are now at a 22-month low. So what just happened and where are we headed?