CAFSG – Managing the Family Budget

Family finances: How to get on top of it Want more financial security and better control of your family’s finances? Here’s a look at what you could do to prioritise and plan to make your hard-earned money go the distance.   

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Three steps forward, two steps back – but Eurozone risks are receding

Key points: The risk of a break-up in the Eurozone peaked in May, and has been declining since as European leaders have opted for “more Europe” and the European Central Bank (ECB) has committed to do whatever it takes to ensure the euro is irreversible. The Eurozone debt crisis is a long way from over, […]

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Q&A on QE3

Key points: Open-ended quantitative easing (QE3) in the US is likely to continue into 2014. While it can’t solve all America’s problems it should help growth recover to 2.5% in 2013. Notwithstanding inevitable corrections, QE3 is positive for shares, commodities, gold and cyclical stocks. It is likely to result in modest upwards pressure in bond […]

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Shares climbing a wall of worry

Key points: Global growth is likely to be in the process of reaching a low ahead of a pick up next year. The risk of a Euro-zone meltdown is receding, more monetary easing is also likely to keep the US recovery going and, at the same time, Chinese growth should soon pick up a bit. […]

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CAFSG – Who’s looking after you?

Take ‘super’ care of yourself While you’re looking after the kids, who’s looking after you? Find out how to minimise a super shortfall and, better yet, boost your super. According to the Association of Superannuation Funds of Australia a three-year break from the paid labour force, say five years into a career, can lead to […]

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Australia – the going gets tough for the lucky country

Key points: Australian economic growth was solid at 3.7% over the year to 30 June. However, the best has been seen with growth set to slow to below 3% over the year ahead. To boost growth and guard against a slump, the Reserve Bank of Australia (RBA) is likely to cut rates to 2.75% in […]

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What has gone wrong with Brazil, India & China?

Key points: Brazil, India and China have slowed sharply on the back of weakness in advanced countries, the lagged effect of past monetary tightening and structural constraints. While their long-term growth potential has been reduced a bit, emerging countries still offer better long-term growth prospects than Europe, the US and Japan given a lack of […]

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Has the Australian dollar disconnected from fundamentals?

Key points: While capital flows associated with safe haven demand and foreign central bank reserve diversification have no doubt played a role in terms of recent $A strength, it is also easily consistent with the long term relationship to the terms of the trade, high relative interest rates in Australia and an improvement in confidence […]

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CAFSG – Salary Sacrifice

Building your retirement savings in a tax-effective manner. Salary sacrifice involves giving up some or all of your before-tax salary in exchange for increased employer superannuation contributions. The amount salary sacrificed will be taxed at 15% rather than at your personal tax rate (up to 46.5%). This will reduce your total tax payable. In addition, […]

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The search for decent yield as interest rates fall

Key points: Assets with adequate and sustainable yields are attractive because they provide a greater certainty of return in an environment of volatile and constrained capital growth. However, bank term deposit rates have fallen and are likely to fall further, possibly to around 4%, as the RBA continues to reduce the cash rate to help […]

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