If you’d like your money to make a difference to the world as well as to your future, ethical investing may be for you. Almost nine in 10 (89 per cent) Australians would prefer to invest in a responsible investment option that considers ethical, social and governance (ESG) issues as well as financial returns. With … Read more
With the initial six-month deferral period coming to an end, lenders have started contacting customers who deferred their home and business loans due to COVID-19. Over the next month, Aussie lenders will contact more than 450,000 borrowers to assess whether they can start repaying their loans. This includes at least 260,000 mortgage deferrals and 105,000 … Read more
Key Points This economic downturn and recovery differs from those of the past in that: the downturn was driven by a government shutdown; fiscal and monetary support has been faster and bigger; forced asset sales have been headed off; it’s dependent on containing coronavirus; and it’s seeing more rapid structural change. As a result, we … Read more
Implications for Investors and Australia Key points: The US election has been close and final counting as well as legal challenges could still upset the result, but the now highly likely outcome is a Biden Presidency. While there is a possibility that the Democrats could win control of the Senate via runoff elections in Georgia, … Read more
Everyone in Australia has been affected by the COVID pandemic to some degree. With disruption to our work and social lives, it’s one of the biggest changes many of us have ever faced. But what has it meant for our money and financial wellbeing? Nearly half of Australians are struggling A recent survey found that … Read more
A financial plan can help you build wealth over time, aiding the protection of your financial future. If that sounds like a good idea, it could be good to find a trusted financial adviser who can help you on this journey. Australians are increasingly recognising the value of financial advice with 27 per cent having … Read more
Not many people can say they’ve been unaffected by COVID-19. Whether you’ve lost work, had hours reduced or been fortunate to maintain employment, COVID has been a wake-up call for how we manage our money and set financial goals. How are we managing? Many of us are doing smart things such as: 29% are cancelling … Read more
How financially secure do you feel? Recent research1 into Australians’ financial wellness – which is a person’s satisfaction with their current and future financial situation – revealed that people with good financial habits feel more financially secure. It sounds like a no-brainer. But adopting good financial habits isn’t always as easy as it sounds, start … Read more
Retirement is an exciting time. It’s the long-awaited reward for a lifetime of work and, if you’ve planned it correctly, it heralds a life stage synonymous with relaxation and enjoyment. However, to make sure your retirement is everything you’d hoped for, it’s crucial to make smart decisions to help you stick to your financial plan, … Read more
Before you can step onto the property ladder and buy your first home, you’ll likely have to do some serious saving to build up a deposit. Here are some things to consider that can help get you started, and on the road to home ownership sooner. Work out your current situation It might sound obvious, … Read more