Seven reasons why the trend in shares will likely remain up, albeit with bumps along the way Key points Shares have had a strong run up from their March lows with US shares now at a record high. While shares are vulnerable through the seasonally weak months ahead in the run up to the

Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision Number 2020-20 Date 1 September 2020 At its meeting today, the Board decided to maintain the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points. It also decide

Economic Update Introduction Covid-19 developments continued to dominate attention. There were spikes in the number of new infections in both Australia and overseas, suggesting an economic recovery may be delayed. Share markets powered ahead, however, as investors remained convinced t

A guide to active and passive investing Investment funds can be broadly split into two categories – active and passive. And while both options play a part in an investment portfolio, it’s important to understand how each works before allocating money to them.   Basics of pas

Managing your financial health during the COVID-19 pandemic The COVID-19 pandemic has certainly disrupted our daily lives, forcing us to close entire industries and change our behaviour overnight. With the lockdown directly affecting jobs and the economy, many people’s thoughts quickl

Am I eligible for the HomeBuilder grant? Available for a limited time, the HomeBuilder grant offers eligible owner-occupiers, including first-home buyers, a potential tax-free $25,000 boost to help fund the cost of building a new home or substantially renovating an existing home. Alth

How has COVID-19 changed Australian consumer spending habits? Australian spending habits have changed markedly in the last few months. Consumers continue to worry about the strength of the economy, the duration of the pandemic and overall public wellbeing. But while Australian consume

Are young people putting themselves at risk without life insurance? Today, young people are often called the “the smashed avocado generation,” supposedly frittering away money on ‘luxury’ items rather than working hard to save for their first home or retirement nest egg. However,

Investing during a recession In times of uncertainty, when share markets and interest rates are falling, along with declines in consumer and business confidence, investors often question if their money is safe and if it’s still going to meet their long-term investment goals. But wheth

Make Your Super Last Australians enjoy one of the highest life expectancies in the world, which means you can look forward to a long and comfortable retirement. While that’s fantastic news, it also makes saving for retirement more important than ever. Indeed, the majority of Aus