Interest rate announcement - February 2021The RBA last changed the cash rate in November last year, reducing it to an unprecedented low of 0.1%. This was an unprecedented move from the RBA which reveals that, while the economy has begun to bounce back, the path to full recovery from impacts of COVID-19 is likely
No doubt we’re all thankful to put 2020 behind us and hope for better things in 2021. Which begs the question, is there cause for optimism, given that much of the rest of the world is still struggling with the pandemic? In our view there is! There will always be some unforeseen event that causes
September was a subdued month for shares with market jitters driven by the fierce US political campaign, continued US/China confrontation, Brexit negotiations and the wait for a COVID-19 vaccine. However, the first weeks of October saw strong rises in markets as demonstrated by the ASX200 closing at 6 month record highs at the time of
September was a subdued month for share markets with investor jitters driven by the fierce US political campaign, continued US/China confrontation, Brexit negotiations and the wait for a COVID-19 vaccine. Closer to home, the NZ election was front of mind with the Ardern government re-elected in a decisive and historic win. After loosing ground in
On Tuesday 6 October 2020, the Treasurer, Josh Frydenburg delivered a historic Federal Budget, which had been delayed from May as a result of the COVID-19 Pandemic. The Budget outlined a plan to cushion the blow of COVID-19 and supporting economic recovery by focusing on job retention and creation. GENERAL ADVICE WARNING -
Interest rate announcement - July 2020As a result of the ongoing impact of the COVID-19 Pandemic, the RBA cut the offical cash rate to an unprecedented low of 0.25% in back in April 2020. Since then, the RBA has left the rate on hold at this level in an attempt to help support the
The end of the financial year is coming, and so too is that one thing everybody dreads doing – their tax return. Even though your tax return can be lodged up to 31 October 2020, you may need to act now to implement some of the tax reduction and wealth building strategies outlined in this
As we write the Australian Stock Market (as measured by the ASX200) is down 22% from its high point back on the 21st of February whilst the NZ 50 is down 12%. On the 23rd of March, the Australian market was down over 36%, while NZ was down 30% - an extraordinary fall in just
