At the end of a long, challenging year, it’s understandable that people are keen for a well-earned break. However, the reality is that in 2020, Christmas and New Years will look a little different to what we’ve become familiar with. In this edition, we look at the impact of COVID-19 on the upcoming holiday season and what the recent Federal Budget measures could mean for your retirement.
Many investors become concerned when volatility occurs in global financial markets – particularly about the impact on their superannuation and other investments. In times like these, it is important to understand the causes of market movements and how to minimise your risk.
Prices on everyday essentials like food, petrol and medicine have increased significantly, impacting us all. Managing these price hikes is even more difficult when you’re living on a fixed income. We unpack how we got here and set out some things you can do to increase your buying power.
Inflationary forces continued to intensify in key regions, which suggested inter- est rates could be raised more quickly and more aggressively than previously anticipated. The likelihood of rising borrowing costs also appeared to spook equity markets, which performed poorly over the month.