Several Government reviews have highlighted how retirees tend to be more frugal than they need to be.
In 2020, Treasury’s Retirement Income Review said that around 90% of retirees drew the minimum amount required and died with much of their super balances untouched. The review revealed that retirees lack the confidence and support to spend their ...
Let’s first review the performance of the major asset classes and sub-sectors in 2024.
Asset class returnsNote: All figures as at Dec 31, 2024. Aus shares = ASX 200, A-REITs = S&P/ASX 200 A-Reit Index, International shares = MSCI World ex-Aus in AUD, Aus Govt bonds = Bbg AusBond Treasury Index, Aus Corp bonds = Bbg Ausbond Credit 0+ index. Source: ...
It is popular to hate on the US stock market and predict an end to its extended dominance, even as inflows continue apace. But bull markets don’t die of old age. There has to be a reason.
In this article, I set out five reasons why now might be the time to downgrade exposure to US stocks (specifically, large caps). However, it would be unbalanced to ...
Negative gearing is a phrase used in Australian tax policy debates regarding rental property investments. It is claimed to be a tax concession that an investor receives a tax deduction for interest expenses that contribute to a current loss on a rental property investment and can combine that with wage income for tax purposes. The deductibility of ...
Great question. (Wish I had asked it 5, 10 or 15 years ago.) Near-term – say, to pick a random date, until 20 January 2025 – momentum may stay with the US trade. But beyond that US equities look rich, their EPS advantage may narrow, rising bond yields may crimp returns, and the next cycle – which isn’t here yet – should favour other markets. I’m not ...
Relationship breakdowns can be emotionally challenging, particularly during the holiday season. As an accounting partner and a family law specialist, we’ve both seen when emotions can cloud judgment and make it difficult to approach asset protection, and if required, a division. The holiday season can make this harder, but it’s a sad fact that for many ...
In September 2022, the UK government released a budget update and economic plan. By mid-October 2022, both the Prime Minister and the Chancellor of the Exchequer had resigned due to the significant increase in borrowing required to fund the new fiscal policies, which led to a substantial sell-off of UK government bonds and skyrocketing yields.
More ...
Retirement village (RV) life is great. Like living on a cruise ship, staying in a luxury resort, visiting a health spa, or driving a premium car.
But what about the costs? And what are you getting for your often multi-million-dollar investment?
The retirement village contract
A retirement village contract is a loan agreement where the borrower sets the ...
Recently, KPMG Urban Economist, Terry Rawnsley, did some great analysis on generational wealth in Australia, using ABS figures to June last year. His firm put out a media release proclaiming, “The great wealth transfer begins as Gen X overtake Boomers for housing and shares”, and the Fairfax press ran with that in their own headline, “From grunge to ...
The word ‘bubble’ is thrown around in investment circles on a regular basis, but billionaire investor Howard Marks can lay some claim to literally writing the memo on bubbles. In January 2000, exactly 25 years, he wrote what he calls a memo (ie. an investor letter) called ‘bubble.com’ and the subject was the irrational behaviour he thought was ...
What’s ahead for our housing markets in 2025?
Clearly residential real estate has defied the many doomsday forecasts made over the last few years, having moved through the bottom of its cyclical downturn in early 2023 and experiencing an overall strong recovery since.
However, national home prices fell by 0.17% over the month of December, according to ...
The Commonwealth Superannuation Scheme, or CSS, was established in 1976 as a Defined Benefit Scheme for retired public servants.
At that time, there was no national superannuation scheme and public service salaries were considerably below those of the private sector. The CSS was important in attracting talent to Canberra.
Since then, there have been ...
Several Government reviews have highlighted how retirees tend to be more frugal than they need to be.
In 2020, Treasury’s Retirement Income Review said that around 90% of retirees drew the minimum amount required and died with much of their super balances untouched. The review revealed that retirees lack the confidence and support to spend their ...
Let’s first review the performance of the major asset classes and sub-sectors in 2024.
Asset class returnsNote: All figures as at Dec 31, 2024. Aus shares = ASX 200, A-REITs = S&P/ASX 200 A-Reit Index, International shares = MSCI World ex-Aus in AUD, Aus Govt bonds = Bbg AusBond Treasury Index, Aus Corp bonds = Bbg Ausbond Credit 0+ index. Source: ...
It is popular to hate on the US stock market and predict an end to its extended dominance, even as inflows continue apace. But bull markets don’t die of old age. There has to be a reason.
In this article, I set out five reasons why now might be the time to downgrade exposure to US stocks (specifically, large caps). However, it would be unbalanced to ...
Negative gearing is a phrase used in Australian tax policy debates regarding rental property investments. It is claimed to be a tax concession that an investor receives a tax deduction for interest expenses that contribute to a current loss on a rental property investment and can combine that with wage income for tax purposes. The deductibility of ...
Great question. (Wish I had asked it 5, 10 or 15 years ago.) Near-term – say, to pick a random date, until 20 January 2025 – momentum may stay with the US trade. But beyond that US equities look rich, their EPS advantage may narrow, rising bond yields may crimp returns, and the next cycle – which isn’t here yet – should favour other markets. I’m not ...
Relationship breakdowns can be emotionally challenging, particularly during the holiday season. As an accounting partner and a family law specialist, we’ve both seen when emotions can cloud judgment and make it difficult to approach asset protection, and if required, a division. The holiday season can make this harder, but it’s a sad fact that for many ...
In September 2022, the UK government released a budget update and economic plan. By mid-October 2022, both the Prime Minister and the Chancellor of the Exchequer had resigned due to the significant increase in borrowing required to fund the new fiscal policies, which led to a substantial sell-off of UK government bonds and skyrocketing yields.
More ...
Retirement village (RV) life is great. Like living on a cruise ship, staying in a luxury resort, visiting a health spa, or driving a premium car.
But what about the costs? And what are you getting for your often multi-million-dollar investment?
The retirement village contract
A retirement village contract is a loan agreement where the borrower sets the ...
Recently, KPMG Urban Economist, Terry Rawnsley, did some great analysis on generational wealth in Australia, using ABS figures to June last year. His firm put out a media release proclaiming, “The great wealth transfer begins as Gen X overtake Boomers for housing and shares”, and the Fairfax press ran with that in their own headline, “From grunge to ...
The word ‘bubble’ is thrown around in investment circles on a regular basis, but billionaire investor Howard Marks can lay some claim to literally writing the memo on bubbles. In January 2000, exactly 25 years, he wrote what he calls a memo (ie. an investor letter) called ‘bubble.com’ and the subject was the irrational behaviour he thought was ...
What’s ahead for our housing markets in 2025?
Clearly residential real estate has defied the many doomsday forecasts made over the last few years, having moved through the bottom of its cyclical downturn in early 2023 and experiencing an overall strong recovery since.
However, national home prices fell by 0.17% over the month of December, according to ...
The Commonwealth Superannuation Scheme, or CSS, was established in 1976 as a Defined Benefit Scheme for retired public servants.
At that time, there was no national superannuation scheme and public service salaries were considerably below those of the private sector. The CSS was important in attracting talent to Canberra.
Since then, there have been ...
