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There’s been a lot of pretty scary “information” come out about the insane amounts of money we need to retire, so what are the facts?
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Given the attention on the size of Australia’s super savings, it may surprise you that personal investors in total have almost as much outside super as inside super.
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If you get a tax refund, bonus or inheritance here are some smart ways to use this money that will give you long-term benefits.
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Highlights:
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Central banks have engaged in a policy reversal in response to weaker economic growth and the uncertainties associated with the US-China trade conflict.
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US inflation has inched higher, but core CPI measures and sluggish wages growth still point to spare capacity in the labour market.
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The UK’s new prime minister Boris Johnson will enter Brexit talks with the EU, but Europe’s negotiators are unwilling to agree to the removal of the Irish backstop.
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Fears of further economic fallout from the trade conflict were partially allayed following positive growth in Chinese exports in July.
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The Australian economy is benefitting from the rise in commodity prices, but the Australian dollar remains under pressure due to the diverging interest rate differential.
If you have any questions regarding this report or would like to discuss your portfolio, please contact me directly on (02) 9542 2904
Read full August 2019 market update report >>
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Technology has become imperative to our daily work, activities and social life. What does using technology to enhance our lives, but not detract from it, really look like?
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