Both stocks and bonds fell over the quarter, as recessionary risks continue to loom, and yields continue marching higher. Inflation and interest rates continue to dominate the market narrative, with “higher for longer” now the consensus. Longer-term performance is still positive, demonstrating the value of taking a long-term view and patience when investing.
With the end of the financial year looming, now may be a great time to start thinking about your tax. There are a number of things that you may be able to do between now and 30 June that could potentially help you maximise your tax refund. Here’s a look at some options to consider.
Electric vehicles (EVs) have been a hot topic in recent times, often touted as the way of the future but up until fairly recently, were not a realistic or affordable option for everyday people. But with their prices gradually falling and accessibility growing, combined with high fuel prices and consumers becoming more conscious of their environmental impact, is it time to accelerate into electric?
In this month’s update, we provide a snapshot of economic occurrences both nationally and from around the globe. Key points: - Will the much-anticipated recession eventuate? If so, how much does it matter? - US and Australian economies still look strong based on growth and employment data - US inflation appears to have peaked (for now) - China abandons zero- Covid policy and is experiencing a significant rise in case numbers.
As 10 million Optus customers remain on high alert for fraudulent activity on their financial accounts after the recent cyber-attack, other financial scams are escalating. After the September cyber-attack the telco’s customers were warned to be on the alert for out of the blue phone calls or messages asking for personal or financial information.
In this month’s update, we provide a snapshot of economic occurrences both nationally and from around the globe. Key points:- Central banks send mixed messages in their approach to addressing inflation - Australian retail sales easily beat expectations indicating a level of consumer confidence - Ukraine exports start to flow which is hoped will dampen food price inflation globally.
Has the latest State of the Environment report left you feeling the need to do more to help keep Australia beautiful? The report found Australia’s environment is in a “poor and deteriorating state” thanks to climate change, mining, pollution, the impact of invasive species, and habitat loss.
In this month’s update, we provide a snapshot of economic occurrences both nationally and from around the globe. Key points: - Central banks continue to remove policy easing at a rapid rate - Slight easing of supply-side bottlenecks is hoped to result in a softening in inflation data - Australian unemployment rate now the lowest since 1974! We hope you find this month’s Economic Update as informative as always. If you have any feedback or would like to discuss any aspect of this report, please contact our team.