Spring Update 2022Welcome to our Spring newsletter. September means it’s football finals season and hopefully the beginning of warmer weather despite the recent late winter chill.
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Winter Update 2022June has arrived and so has winter, as the financial year draws to a close. Now that the federal election is out of the way, it’s time to focus on planning for the future with more certainty.
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Avoid the June 30 rush!www.cbdadvisory.com.au/quarterly-economic-review-september-192329-173627.htmlWith all the uncertainty and special support measures of the past two years, it’s possible your finances have changed for better, or for worse. So it’s a good idea to ensure you’re on track for the upcoming end-of-financial-year (EOFY).
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Rising Interest Rates and the impact on Investors
After much anticipation, the US Federal Reserve has raised its Federal Funds target interest rate from a range of 0-0.25%, where it’s been for the last two years since the pandemic started, to the range of 0.25-0.5%.
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Federal Budget Wrap Up
In this article, we provide you with key insights from the Federal Budget held on 29th March 2022.
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Get to know the team - Meet Nick Bregolin
Whilst already a familiar face to many clients here at CBD Advisory, we wish to provide a virtual introduction to our Senior Financial Adviser, Nicholas Bregolin. To get to know Nick, please read on.
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There are lots of tips when it comes to getting ahead, financial speaking. Most of them are really simple - if you’re struggling to get on top of your finances take a look at our suggestions and make a commitment to just start with one. If that works, maybe you will want to tackle a few more.
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If you are a small business owner you would know the importance of having a good team behind you. That includes a team that can help
look after your finances, talk to you about appropriate business insurance and discuss succession planning. |
The COVID-19 pandemic remains a major feature on the global stage, although global economic recovery continues, with the JP Morgan Markit Global Composite PMI remaining positive.
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On 1 July 2021, a new capital gains tax (CGT) exemption was introduced for certain granny flat arrangements, making it easier for older Australians to enter formal granny flat arrangements with the added protection from possible financial abuse if circumstances within the family change.
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The Australian Bureau of Statistics announced a record 932,000 jobs were lost between the March and June 2020 quarters in the wake of
COVID-19. |
The help of a financial adviser has been able to book a client's portfolio by 5.2% per annum, according to new research. The fourth annual Russell Investments Value of an Adviser Report study found that advisers’ biggest contribution to clients is their behavioural coaching role, which was not beneficial from the onset of the pandemic.
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The stock market has good years and bad, but over the long term there is only one trend and it is up. Despite this being obvious, I continue to be astounded at how investors behave during ‘bad’ years.
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A common question from investors is:
“What’s your outlook for the next 12 months?” My honest answer these days is: “I don’t know.” That’s because the world confronts its most complex set of economic circumstances for at least 30 years. |
If you can imagine the economy as a road, 2020 saw a major earthquake emerge with the Coronavirus pandemic and the lockdown restrictions to halt its spread. Government and RBA support helped divert traffic around this major obstacle.
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Seeking financial advice can turn your life around and put you on a path to a happier and more secure future. But where do you start & who do you trust?
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Social media use has been linked to our mood, self-esteem and even sleep. But how does social media affect our spending habits?
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During this year's Federal Budget announcement, Treasurer Josh Frydenberg stated "Australia is Back!". The Budget proposes positive changes to superannuation, an extension of the low and middle income tax offsets and a boost to aged care services. We have summarised some of the key points from the budget below but, remember, these are subject to the passing of legislation.
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Whilst interest rates are at record lows and are likely to remain there for several years based on Reserve Bank governor Phillip Lowe’s commentary, should you be taking advantage of the current market environment by investing in property or investing in the sharemarket?
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Since December 2020, the world has embarked upon a mass effort to vaccinate against the Coronavirus pandemic. We recently saw the end of the Trump Presidency succeeded by Democrat nominee Joe Biden. Australian businesses were major beneficiaries of Government stimulus programs since the Coronavirus pandemic began.
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In April 2020, online searches for “good news” spiked to a five year high. Amid all the uncertainty in the world right now, people are actively searching for uplifting stories to act as a counterbalance to all the negative news we’re hearing.
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Whether you are a saver or investor could make a major difference to your lifestyle in the long run. To determine if you are a saver or investor let’s look at the characteristics of the two categories.
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While significant uncertainty is likely to continue in the short term and will likely cause some ongoing volatility, we believe that when we look back to this period in a few years, we will view it as an excellent time to have invested in the market.
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How we get past the Coronavirus pandemic is a defining moment of 2021. The direct of the United States under its new President will also be watched closely around the world. As we enter a new year, the economic status in both global and domestic markets raises the question of whether 2021 will be a year of improvement and recovery.
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Spring Market Update
With the USA election less than a month away we look at the likely impact on the market if things don’t go as expected. The expectation is Joe Biden will win and will naturally control the lower house however the Senate will remain in the hands of the Republicans. That will mean any meaningful “progressive” changes to taxes or regulations will likely be either watered down or won’t happen at all.
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Federal Budget Update (2020/2021)
On Tuesday 6 October, the Federal Government handed down its budget for the 2020-21 financial year. With the economic impacts of Coronavirus pushing Australia into recession for the first time in nearly three decades, the Federal Government have announced significant stimulus measures to promote economic growth and recovery.
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How did interest rates get so low?
We are operating in a world where interest rates are now very low both overseas and here in Australia. Key drivers include; the state of the economy, very low rates of growth and high debt levels. Given this backdrop, deflation is a larger risk.
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Rebuilding Super after Early Access
Super savings are for retirement. However, as a result of the financial hardship cause by COVID-19, access to super may be an important way to help you make ends meet at a difficult time. We consider how you can boost and rebuild your retirement savings when your circumstances allow.
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'We Have No Fear of Missing Out'
The Chairman of Magellan, Hamish Douglass, has poured cold water on cocky investors, warning that there is a “real possibility” of a collapse in equity markets.
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Annual Pension Update
Your minimum pension payment amount is re-calculated on the first day of each financial year. This year there are changes to the way the minimum pension payment amounts are calculated which we encourage you to consider.
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The HomeBuilder program has been announced to help drive economic activity across the residential construction sector by providing grants of $25,000 to eligible owner-occupiers for new home construction and substantial renovations.
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To help you complete your tax return, especially if you’ve just started working from home for the first time, this checklist outlines income and expenses you need to disclose to the Australian Taxation Office (ATO) when lodging your return.
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To assist you during Tax Time, we have provided you with an overview of the types of tax offsets and deductions you may be entitled to claim plus other handy tax tips for the year ended 30 June 2020.
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With less than two months away from the new financial year, we need to ensure you are giving yourself enough time to take appropriate action with respect to your tax deductions.
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It’s true to say that markets usually lead, looking forward 6-12 months. We have seen massive fiscal and monetary stimulus over the last few weeks to match the COVID-19 threat to economies. So maybe we have already seen the low for shares? Or maybe not?
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The ATO has provided a simple solution to determining the deductibility issues
surrounding home expenses. |
As we enter 2020, “whether shares are expensive” seems to be a topic of the day for those interested in the stockmarket. The Australian indices have recently made new all-time price highs, convincingly surpassing the 2007 peak. So, is the market overpriced? And if so, are we due a market correction?
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School's back and the holidays are now officially over and 2020 has kicked into first gear. We provide a summary of economic predictions and points of interest for 2020.
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The start of a new year brings with it fresh opportunity to take charge of our finances and make our money work for us. As 2020 kicks into full swing, we take a look at the financial New Year’s resolutions you should be making.
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Your financial well-being and plans for the future can be impacted by various economic events, so we’ve provided a short video to help you stay up to date with the latest indicators.
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The Reserve Bank’s decision to cut official interest rates is good news for anyone with a mortgage or hoping to buy their first home, but presents a challenge for savers. Whatever your personal situation, the question now is how to make the most of falling rates.
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Will the tax reforms being proposed by the Shorten government threaten the financial dreams of middle class Australia, and the retirement plans of many?
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Inside the minds of Australia's most successful global managers
Platinum and Magellan - the best of the best Australian global managers. Go inside the minds of Andrew Clifford and Hamish Douglass and explore their investment philosophies and discuss the challenges and opportunities that lie ahead. |
Economic Update - Autumn 2019
Enjoy a read of our latest Economic Update where we reflect on what happened during 2018 and what may lay ahead. |
Claim a tax deduction on your super contributions this financial year
Bryan Ashenden, Head of Literacy and Advocacy at BT shares a new strategy for this end of financial year where people can now make a tax deduction on contributions. |
Thinking of downsizing your home?
Looking to sell the home tax effective way? Bryan Ashenden, Head of Literacy and Advocacy, BT shows how you can do this by implementing this new end of financial year strategy. |
Recent Market Volatility and the Outlook for 2018
There is no doubt that the market has been volatile over the past couple of weeks with the Dow Jones (USA) falling 10%. But what's all the noise about? |
RBA Keeps Cash Rate on Hold
The Reserve Bank of Australia has elected to keep the official cash rate on hold at 1.5 per cent at its first meeting of 2018. |
Wanting to Purchase your First Home?
Housing affordability has become a growing concern for many Australians, with many fearing that either themselves or their family members may never be home owners. |
Connect Newsletter - Summer Edition
Check out the Summer 2017 Edition of our Connect Newsletter. This season we explore Retirement Myths, the risky world of the Self-Employed and have some interesting New Year financial headlines to watch out for! |
Getting out of your Comfort Zone
What does it really mean to ‘get out of your comfort zone’? |