Tag Archives: economy

2017-2018 financial year in review

A good year for investors despite rising trade tensions The year to 30 June 2018 was generally a good one for investors. Global economic conditions strengthened as the year unfolded. This underpinned corporate earnings, especially in the US where the economy was resilient and substantial corporate tax cuts became law....

June 2018 Economic Update

Which key events have been driving markets? Watch this video of Senior Economist Bob Cunneen in discussion with Portfolio Specialist, Sinead Rafferty. Market update Inflation continues to creep higher and is close to or at 2% in major developed markets, although core measures of inflation remain below target. Despite slower-than-expected...

Smart super strategies for this EOFY

Want to help boost your retirement savings while potentially saving on tax? Here are five smart super strategies to consider before the end of the financial year. 1.   Add to your super – and claim a tax deduction This financial year, there are new rules about who can claim a...

Your super and tax: what’s new in 2018?

Super and tax rules are always changing – providing fresh opportunities to help maximise your retirement savings. Here are two new ways you may be able to help boost your super, as well as your tax return. Good news for employees Before 1 July 2017, you could only claim a...

February Economic Update

DISCLAIMER Content contained in this document is general information only and is not advice, financial planning, legal or otherwise. This document was sourced from MLC Limited by Integrated Planning Systems Pty Limited ABN 21 051 429 184 trading as McKillop Financial Planning, an Authorised Representative of GWM Adviser Services Limited...

May 2017 Economic & Market Update

May 2017 Economic & Market Update In this update, Bob Cunneen, MLC Senior Economist talks to Jason Hazell, MLC Head of Investment Communications, about key events driving markets during April 2017. They discuss: Australian shares delivering a solid monthly performance US and European share markets making strong gains in April...

2017 Federal Budget Summary

Click here to view our budget summary as at 9 May 2017 Key measures from last night’s budget include: Individuals aged 65 or older will be able to make non-concessional (after-tax) super contributions of up to $300,000 from 1 July 2018, using proceeds from the sale of the family home....

RBA SNAPSHOT: Australian Economy December 2016

The Reserve Bank has released its December snapshot of the Australian economy: Household Saving Ratio 6.3% Average Weekly Earnings $1,161 Average Price of Residential Dwellings $623,000 Population 24.1M (1.4% annual growth) Unemployment Rate 5.6% AUD/USD A$1US$0.7459 Cash Rate 1.5% Inflation 1.3% Economic Growth 1.8%...