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Bigger bonus for working pensioners is now permanent
30 March
Senior Australians can earn more from employment to address cost-of-living pressures without impacting their pension payments. This is great news for people who receive the Age Pension, Disability Support Pension or Carers Payment and are at...[Read More]
Monthly Economic Wrap
30 March
During March: S&P’s annual global real GDP forecast for 2024 has been revised up from 2.3% to 2.5%. This primarily reflects a significant upward revision to their U.S. forecast, related to unexpectedly strong growth in the final quarter...[Read More]
Monthly Economic Wrap
28 February
During February: According to the International Monetary Fund, the risks to global growth are broadly balanced and a soft landing is a possibility. Global growth is projected at 3.1% in 2024 and 3.2% in 2025, with the 2024 forecast 0.2%...[Read More]
Protect what you have
4 January
People strive hard to accomplish a variety of goals during their lifetime, although there’s nothing more significant than being able to spend quality time in the company of family, friends and loved ones. Indeed, investing in relationships gives...[Read More]
Monthly Economic Wrap
29 December
During December: The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates. The Paris-based OECD has estimated...[Read More]
Monthly Economic Wrap
2 December
During November: According to the Conference Board, global real GDP is forecasted to grow by 2.9% in 2023, down from 3.3% in 2022. The Conference Board also expects further slowing to 2.5% in 2024. Economic growth is weighed down by still high...[Read More]
Monthly Economic Wrap
31 October
During October: According to the OECD, the global economy proved more resilient than expected in the first half of 2023, but the growth outlook remains weak. With monetary policy becoming increasingly visible and a weaker-than-expected recovery...[Read More]
Monthly Economic Wrap
27 September
During July: According to the Conference Board, global real GDP is now forecasted to grow by 2.7% in 2023, down from 3.3% in 2022. They expect further slowing to 2.4% in 2024. Economic growth is moderating under the weight of continued high...[Read More]
Monthly Economic Wrap
26 August
During July: According to the International Monetary Fund, global growth is projected to fall from an estimated 3.5% in 2022 to 3.0% in both 2023 and 2024. While the forecast for 2023 is modestly higher than predicted in the April 2023 World...[Read More]
Monthly Economic Wrap
25 July
During June: Global GDP growth in 2023 is projected to be 2.7% according to the OECD, the lowest annual rate since the global financial crisis, with the exception of the 2020 pandemic period. A modest improvement to 2.9% is forecast for 2024. ...[Read More]
Monthly Economic Wrap
29 June
During May: Global growth has slowed sharply and the risk of financial stress in emerging market and developing economies is intensifying amid elevated global interest rates, according to the World Bank’s latest Global Economic Prospects...[Read More]
Credit Suisse Acquired by UBS
20 March
Following a tumultuous week for stocks in the banking sector, late on Sunday night it was announced that UBS would acquire all the shares in Credit Suisse. This appears to be driven by concerns over a large reported loss for the year ($8 billion...[Read More]
Alert: Suburban scammers pushing illegal early access to super
7 August
The ATO has recently released an alert in relation to a new scam encouraging people to illegally access their super. They have advised that scammers are contacting people and providing advice that super can be accessed early (generally for a fee) to...[Read More]