Insights & Tips

The 2019-20 Federal Budget promise...

This evening the government has stuck to its plan for building a stronger Australian economy, headlined by announcing a $7.1 Billion surplus next financial year. Below is a link to our practical summary of the pre-election budget

Key points

• Australian growth slowed even more in the December quarter. Growth may bounce back a bit this year, but the housing downturn will likely constrain it to around 2- 2.5%.
• As a result, unemployment is likely to drift up and wages growth and inflation remain lower for longer.

Here are some tips to start paying off your debt. $45 billion. That’s how much Australians owe on their credit cards.ⁱ

Romance blooms at any age, including as we get older and supposedly wiser about such things of the heart, and head.

Is it really your great Aussie dream?

It happens every year. You’re strolling down the high street of your local beachside town enjoying a long hot summer with the family when a holiday home in the real estate agents’ window catches your eye. 

If you’ve paid off your home, have a healthy stash of super and take an overseas holiday each year, you’ve made it financially. That’s the view of many Australians according to recent research.

Key points

• Despite continued volatility, 2019 is likely to be better for diversified investors than 2018 was.
• Watch the US trade war, the Fed, global business conditions indicators, Chinese growth, politics and the Sydney and Melbourne property markets as well as the upcoming Australian Election in May 2019.

So you ready to buy your first home? Congratulations! This is one of the most important decisions of your life and one that needs to be executed with great care.