Finance
Top 10 Essentials for Lifelong Health and Wellness
16 May
Creating a sustainable approach to health and well-being involves habits and practices that enhance physical, mental, and emotional health over the long term. Here’s a top 10 list to help maintain ongoing health and well-being: Balanced...[Read More]
Oliver’s Insights – The economic impact of the 2024 Federal Budget
15 May
The 2024-25 Budget – another surplus, but bigger medium term deficits with more big spending, including on a “Future Made in Australia” Key points – The budget this year is expected to show a surplus of $9.3bn thanks to a...[Read More]
States query GST carve-up despite ‘constructive’ budget
15 May
States are split on the federal budget as the two most populous jurisdictions question their GST shares, while resource-heavy Western Australia counts its riches. NSW will be the biggest loser from the annual GST distribution set out in the budget...[Read More]
Treasurer absorbs warnings on budget fuelling inflation
15 May
While the federal government says its budget will lower inflation, analysts counter that broad cost-of-living relief, such as energy rebates and tax cuts, could make things worse. An expanded version of the energy-bill relief delivered in last...[Read More]
Investment markets and key developments – Weekly market update 10/05/24
15 May
Global shares mostly rose again over the last week, helped by ongoing confidence that major central banks are on track to cut rates this year and strong US earnings results. For the week US shares rose 1.9%, Eurozone shares rose 3.1% making a new...[Read More]
Workers to enjoy real wages growth, despite inflation
15 May
Workers will see their pay packets grow in real terms for at least the next five years, flying in the face of ingrained inflation fears, the federal government predicts. Continuing strength in the Australian labour market is expected to result in a...[Read More]
Cost-of-living relief and more homes in federal budget
15 May
FEDERAL BUDGET SUMMARY ECONOMY * Budget surplus of $9.3 billion in 2023/24 * Deficits of $28.3 billion in 2024/25, $42.8 billion in 2025/26, $26.7 billion in 2026/27 and $24.3 billion in 2027/28 * Commonwealth net debt rising to $552.5 billion...[Read More]
Annual power bill rebates for homes, businesses
15 May
Households will receive hip-pocket relief with $300 knocked off their quarterly energy bills, as the federal government seeks to ease price increases fuelled by Russia’s invasion of Ukraine. The package is part of cost-of-living measures in...[Read More]
Incentives set to fuel green hydrogen growth
15 May
Tax breaks to supercharge the production of renewable hydrogen for use as a fuel and other applications are part of the federal budget’s push for net-zero prosperity. The global renewable hydrogen race is already well underway as advanced...[Read More]
Federal Budget at a glance: focus on power bills, medicines and rent relief
15 May
THE BUDGET Budget surplus of $9.3 billion in 2024/25 Commonwealth net debt to rise to $552.5 billion (20 per cent of GDP) in 2024/25 Economic growth to rise to two per cent in 2024/25 Unemployment rate to rise to 4.5 per cent in 2024/25 Inflation...[Read More]
Key strategies for successful commercial real estate investment
9 May
When considering the purchase of commercial property, it’s crucial to take a strategic approach, as the implications of your decisions can significantly affect your financial outcomes. Here are some key factors to consider: Top 10 Factors...[Read More]
Oliver’s insights Seasonal patterns in shares – should we “sell in May and go away”?
8 May
Key points – Seasonal patterns in shares gave rise to the saying “sell in May and go away, buy again on St Leger’s Day.” – However, seasonal patterns can’t always be relied on so while investors should be aware of them, betting on them...[Read More]
Investment markets and key developments – Weekly market update 3/5/24
8 May
Global shares mostly rose over the last week. While US shares had a volatile week they were buoyed by good earnings results and rose sharply on Friday in response to news of cooler jobs and wages growth in April which allays fears of overheating....[Read More]
Tax revenue surge as treasurer tempers expectations
8 May
Tax revenue is expected to be $25 billion higher over the next four years, as the Albanese government tempers expectations ahead of this month’s federal budget. The budget, to be handed down by Treasurer Jim Chalmers, will show a surge in tax...[Read More]
On your bike, take a hike: paths get $100m budget boost
8 May
Walking and cycling paths will get a $100 million boost in the upcoming federal budget, in the biggest national active transport investment in more than a decade. Federal Transport Minister Catherine King announced the investment on Tuesday, with...[Read More]